David Adeleke, better known by his stage name Davido, has asserted boldly that a significant chunk of Nigeria’s electrical supply comes from his family.
He claims that his family owns four power plants, which considerably offset Nigeria’s energy requirements.
During an appearance on the American podcast “Business Untitled,” Davido discussed his own finances and family business.
He said, “I once tried to go into cryptocurrency because Nigeria is big on crypto. Apart from that, me and my family have like four power plants worth a lot of money. We distribute energy to most of Nigeria.
“My wife is into culinary. We are trying to start a restaurant for her. But my main business is what I love; my music.”
Checks, however, revealed that the government owns the majority of Nigeria’s significant thermal and hydroelectric installations.
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