15/05/2018

‘It’s all social media hype’ – Davido exposed for lying about buying a private jet

Earlier last week, Davido announced that he just purchased a private jet which is going to arrive Nigeria in the coming weeks.
He even hinted about the possibility of owning an airline, Air OBO but new information as reported by TheCapital reveals that Davido didn’t buy any private jet.

According to the news outlet:
Our source has exclusively revealed that what Davido went on air to announce is actually “fractional ownership” in which his financial commitment in the arrangement is meagre while the major financiers have chosen to play down their involvement to give Davido conceded prominence.
According to our source, conceding prominence to Davido in the private jet ownership is part of a business deal to make Davido very bankable in the showbiz industry. This arrangement is to present Davido as a viable brand with a view to cornering lucrative deals from multinational businesses, countries and other foreign entities. The guys at the vanguard of the jet ownership narrative are said to have agreed on a sharing formula with Davido when the deals start coming in. The jet upon delivery would be deployed to Davido’s peripatetic needs and those of others in need of it. TheCapital has exclusively obtained information revealing a good number of Nigerians on this membership plan but whom have been reported to be jet owners.

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