Davido Reacts To Report That He Had Lied About Buying A Private Jet

It looks like news about Afro pop icon, , would never be amiss from our headlines. From buying his a Porsche on her birthday to turning heads at the just concluded Headies Award, to signing a new deal with Infinix Mobile and buying a new private jet, Air OBO, would always be in the news.

This time around, the DMW boss is in the news again, but it might not be good news. He isn’t landing an endorsement deal or buying an item or another. This time around, the “Fia” crooner has been alleged to lying about acquiring a private jet.

Barely a week ago, the news that bought a private jet went viral  on social media platforms and the singer enjoyed the prominence but it has been revealed now that lied.

News outlet, The Capital, reports that ‘what went on to announce is actually “fractional ownership” in which his financial commitment in the arrangement is paltry while the major financiers conceded to downplay their involvement to give all the glitz and glamour.’

The report further stated that the arrangement of conceding prominence to in the private jet ownership was made to make the singer appear very bankable in the showbiz industry. The deal was structured ‘to present as a viable brand with a view to cornering lucrative deals from multinational businesses, countries and other foreign entities.’

However, has come out to debunk the story. He dropped a remark on an Instagram news platform, commenting, ‘Lol owned 100 percent my friend’.

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