Renowned music executive Don Jazzy has discussed why he turned down the opportunity to sign Afrobeats icons Wizkid and Davido to his now-defunct record label, Mo'hits.

The music executive revealed the information while he was a guest on the Leaderboard podcast, which is hosted by Fisayo Fosudo.

Don Jazzy explained that because Banky W, the CEO of EME Records, had already taken the opportunity to sign Wizkid, he was unable to do so.

He said that he had the chance to sign Davido but turned it down because he believed the artist could find success on his own.

Don Jazzy also expressed sorrow for passing up the opportunity to sign talents like Simi and Teni.

He mentioned that rapper, Falz was a candidate for signing, but the transaction ultimately failed.

He said: “I like Simi, I didn’t sign her. I wish I did. I like Teni, but I didn’t sign her. I wish I did. I had the opportunity of signing Davido but I didn’t because I kind of figured that he would be fine. Wizkid, obviously, I couldn’t because Banky W got to him first. That would have been amazing. Falz, I love his work. We almost had a deal.”