Davido had earlier disclosed that the said jet would be arriving Nigeria in some weeks time but in the coming weeks but it appears that may be far from the truth.
TheCapital reports that Davido didn’t buy any private jet.
According to The Capital, ‘
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.’
The
report further stated that the arrangement of conceding prominence to
Davido in the private jet ownership was made to make Davido very
bankable in the showbiz industry. It was structured “to present Davido
as a viable brand with a view to cornering lucrative deals from
multinational businesses, countries and other foreign entities.”
It was also stated that those who spinned the Davido jet ownership narrative agreed on a sharing formula with the singer, such that they are entitled to a share of the inflow. The report has it that plan is for the jet to attend to Davido’s peripatetic needs and those of others in need of it, upon its delivery.
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