Veteran filmmaker Wale Adenuga has reacted to claims by comic actor Abiodun Ayoyinka, popularly known as Papa Ajasco, about facing financial difficulties despite years in the spotlight.
Ayoyinka, 65, made the revelation during an emotional interview, where he appealed to fans to continue supporting Papa Ajasco and Company. He noted that the once-popular sitcom has struggled to stay relevant in the age of social media and digital streaming. The actor also claimed he does not own a car or house and earns modest fees from the show.
Responding to the interview, Adenuga dismissed what he described as misleading narratives and emotional reactions that followed the video.

“My first impression when I watched the Papa Ajasco video now trending on the internet, and local TV channels was: ‘Okay, so this guy has taken Papa Ajasco comedy into the public space,’” Adenuga said.
“It is all well and good. I am happy for him, as his money-making strategy using social media has apparently worked for him.”
The producer described Ayoyinka as a talented actor who embodied the Papa Ajasco character effectively, adding that their relationship remains cordial.
“He is very close to me, and so far there has been no irreconcilable difference between us,” he said.
Addressing the financial concerns, Adenuga stated that the actor had benefited from various forms of support over the years, including access to vehicles.
“On the car issue, we once gave him a car and Pa James as well. He has also used not less than five cars, including a Mercedes-Benz, at different times,” he said.
He further noted that, to his knowledge, Ayoyinka owns a house in Ogun State.
Adenuga also clarified that Papa Ajasco is a protected brand, which restricts the actor from independently using the character name for personal projects.
“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,” he said.
However, he explained that the actor is not barred from commercial engagements, provided proper approval is obtained.
“As he himself stated, all that is required is to seek official approval from WAP. This is part of brand protection,” he added.
The filmmaker also dismissed claims that actors on the show are restricted from pursuing other opportunities, noting that several cast members continue to feature in different productions under their personal identities.
According to him, production typically lasts about six weeks annually, with enough episodes recorded to cover an entire broadcast cycle.
“This clearly shows that artistes working with us are not restricted from taking other roles,” he said.
Adenuga maintained that the production company meets its financial obligations and operates within industry standards.
“The organisation pays according to industry standards and ensures all financial obligations are fulfilled as and when due. Therefore, any narrative suggesting financial abandonment or exploitation by our organisation is entirely false and misleading,” he stated.
He concluded by appreciating viewers for their continued support of the long-running sitcom, which remains one of Nigeria’s most recognised television comedies.















