Singer, David Adeleke, had claimed that he bought a private jet just a couple of days after he got his partner, Chioma, a Porsche but according to a report by TheCapital, Davido’s stake in the private jet is actually a “fractional ownership”.
“Air OBO soon land. This one nah final,” he wrote on Twitter.
Then he
replies a user, “Bought already… It’s not soup it’s hard work and ambition.
The report says the singer’s financial commitment in the arrangement is minimal while the major financiers have chosen to give Davido the opportunity to look more bankable.
Air OBO soon land !! 🛩🛩🛩🛩 THIS ONE NAH FINAL 😈— Davido (@iam_Davido) May 9, 2018
Bought already .. it’s not soup it’s Hard work and Ambition! https://t.co/J7qPp0Of48— Davido (@iam_Davido) May 9, 2018
The report says the singer’s financial commitment in the arrangement is minimal while the major financiers have chosen to give Davido the opportunity to look more bankable.
The arrangement, the report says, is ultimately aimed at attracting lucrative deals from multinational businesses, countries and other foreign entities.
The major stakeholders in the arrangement are said to have agreed on a sharing percentage of the prospective deals.