Few days ago, Davido took to social media to announce that he has bought a private jet which makes him the youngest owner of such in Nigeria. The news which was everywhere has however been found to have some loopholes thereby rendering it false. This is all according to a report by TheCableNG which states that he doesn’t fully own it.
The report which is seen below further states that he only owns a meager fraction of the jet which is co-owned by other people who have agreed to make it seem like the singer owns it just for publicity stunt.
“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 the singer 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.”