The Corporate SCAM called Sponsorship!

sometimes i wish there was a more effective way to enforce sponsorship contracts in Nigeria asides from the courts. Its a huge baffle why corporate entities consciously sign sponsorship contracts  with the intention to default on payment. a popular electronics giant out of Korea is especially making it a habit. the general misconception in our country that sponsoring an event is doing the promoter a huge favor is absolute B.S. If concerts where particularly easy and cheap to put together, every fool with a few bucks would be an event promoter.

All this 30% before event and 70% after business is the new SCAM from corporate entities. My advise to anyone planning an event that requires sponsorship: " get as much of your money as you can from the sponsor before the event, preferably at least 80%". I will leave it here for now.