<h4>Wale Adenuga Addresses Papa Ajasco&#8217;s Financial Struggles Drama</h4>
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<p><strong><a href="https://openlife.ng/">OpenLife</a></strong> reports that veteran Nigerian producer Wale Adenuga has spoken out following actor Abiodun Ayoyinka’s revelation that he is facing financial challenges despite years of playing the iconic Papa Ajasco.</p>
<p>Ayoyinka had also indicated that he seeks permission to use the character for personal projects.</p>
<p>In a statement, Adenuga dismissed suggestions that the actor has been neglected financially, praising him for his contribution to the enduring success of Papa Ajasco and Company.</p>
<p>“<em><strong>Abiodun Ayoyinka is a versatile actor who has played the role of Papa Ajasco so wonderfully well.</strong></em></p>
<p><em><strong>He bears the closest resemblance to the cartoon version of the Papa Ajasco character, which I created on my dining table in 1976 during my publishing days,”</strong></em> Adenuga said.</p>
<p>He added, “<em><strong>He is very close to me, and so far, there has been no irreconcilable difference between us.”</strong></em></p>
<p>Adenuga clarified that while Ayoyinka is free to accept other roles, he cannot use the Papa Ajasco brand without approval, as it remains copyrighted.</p>
<p>“<strong><em>He cannot use the copyrighted brand name Papa Ajasco for personal ventures because it is our duty to protect the brand from inappropriate usage that could damage its reputation,” </em></strong>he emphasized.</p>
<p>Addressing claims of hardship, Adenuga reminded the public of Ayoyinka’s long career in civil service and past benefits from Wale Adenuga Productions, including cars and a house.</p>
<p>“<em><strong>Now, the question is: why is Abiodun Ayoyinka claiming to be broke? Where are the investments from his over 30 years of meritorious service with the Lagos State Government? What happened to his gratuities?”</strong></em></p>
<figure id="attachment_34682" aria-describedby="caption-attachment-34682" style="width: 300px" class="wp-caption alignnone"><img class="size-medium wp-image-34682" src="https://openlife.ng/wp-content/uploads/2026/03/IMG-20260318-WA0292-300x169.jpg" alt="Wale Adenuga Addresses Papa Ajasco's Financial Struggles Drama" width="300" height="169" /><figcaption id="caption-attachment-34682" class="wp-caption-text"><em><strong>Wake Adenuga&#8217;s defence</strong></em></figcaption></figure>
<p>He reassured that other cast members freely pursue outside work, noting that filming only takes about six weeks a year.</p>
<p>Adenuga concluded by affirming the company’s commitment to fair treatment and upholding its reputation in the Nigerian entertainment industry.</p>

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