Davido had earlier revealed that the said jet would be arriving Nigeria in the coming weeks but it seems that may be far from the truth.
The Capital reports 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, they broke the News claiming Davido owns the private jet just to make him very bankable in the showbiz industry and to use his influence in making the Biz a success.
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.
The Capital has exclusively obtained information revealing a good number of Nigerians on this membership plan but whom have been reported to be jet owners.
Davido should learn how to slow things down.
To Summarize this News, A Company actually owned the jet but they decided to use Davido to front for their Aviation business because of his fame.
Davido has a little amount in the purchase of the Jet and he owns a very few percentage in the business.