Davido Lied! He Can’t Afford The Acquisition And Maintenance Of A Private Jet, See Why- Pas Chikero Nigerian Entertainers love to create hype with things that only exist in their minds.

Psquare once misled Nigerians to believing that they have a private jet only to later admit they didn’t . David Adeleke a.k.a Davido is doing just the same.

He tweeted a photo of himself sitting OUTSIDE a private jet ,mind you not inside. saying: Now this jet can in no way belong to Davido because he doesn’t make enough money to acquire and maintain a private jet.

First of all he doesn’t make as much money as a John Mikel Obi makes yet Mikel doesn’t have a private jet because buying a private jet is not the only expensive aspect, you need to spend good money annually to maintain and manage the iron bird.

Unless the jet belongs to Davido’s father but Davido can’t afford to have one. In fact there is no Nigerian Musician whose income is from just music can afford a private jet. This is why: After setting your account back to acquire a private jet, you start worrying about maintenance and management.

It is expensive to maintain a private jet, you will pay for hanger, pilot and crew, Insurance etc , obviously the expenses varies wildly, depending on the aircraft being used but roughly Pilots and Crew will cost around $500,000 per year.

Insurance – this can set you back up to $400,000 per year. Management Charges – this can cost between $125,000 and $250,000.

They may be able to charter out the plane when not in use which will recoup some costs back.Training and Maintenance – this will add another $400,000 annually.Fuel Costs – Depends where you fly, but will cost at least $1,500 per hour. 400 hours would be $600,000.Catering – Add $10,000 for food and beverages (again there are no limits)Other Costs – Landing Fees, Airport taxes, Hangar rent, Weather Forecasting.

So operational costs would come to around $3 million per year and more for larger aircraft.

Davido definitely can’t spend almost N400 million annually on private jet alone! He might not even muscle that out in a single cheque ! So why the deception Davido? Please don’t build your career with lies. You are doing fine without the lies.

It is big enough if you were chartering it, lying that it belongs to you is ludicrous!

sourcehttp://www.olokunbolablessing.com/2014/08/davido-lied-he-cant-afford-acquisition.html

I talk am....

See research!

Celebs too dey form and Nigerians too dey believe their lies.

Even him papa, the Ede-born Billionaire cannot afford it.
Though, he is still right in a way. He actually does own it until his time expires

you never can tell

Money dey talk

Put your supercritical minds to better use. In other words, quit hating. At least he has you guessing. Whereas if OP says he has a private jet, people will just yawn and walk away.

Foolish talk. Because one person no do something mean say another person no fit? You actually sit down dey calculate and analyse the guy matter? You know how much hin worth before hin even enter music industry? HATER

Ọgbọ́n pẹ̀lú sùúrù la fi ńmú erin wọ̀lú. / It's with both wisdom and patience that an elephant can be taken into the city.

Owo ti omode ba koko ri, akara lo maa fi je.
That's if it's true he just bought a jet. Sorry I can't translate that.
Please help me

Na noO

emmanuel adebayor has jet
ludacris has jet
c ronaldo has jet
tinubu has jet

davido father is a billionaire

Mod done put too similar post on Nairaland.

buying a Private jet just to get Broke Later

Why not? Must be mortgage or something

broke nairaland mods..cos they see private jet topic..they rushed it.. All the admins are now doing first to upload to frontpage competition ..BEWARE !!!

well said Op

Why not think of how to make your own cash. .

Dat's money 4 u

"emi omo baba olowo"..no try d guy.

This is how we keep bringing ourselves down! What's your business for God's sake? We won't stop analysing people's issues!

It doesn't have to be that expensive.

If Davido buy any jet,it is laser jet printer.....u think say jet na beans

rattlesnake: emmanuel adebayor has jet
ludacris has jet
c ronaldo has jet
tinubu has jet

davido father is billionair

sheyi has earned more than davido will earn in the next 5years$he is still earning more than he will.

Davido Private Jet Sigidi to ba ti fete a ni kan gbe n
lo odo l'owe.

They all lie.

iceberylin: buying a Private jet just to get Broke Later

they will now expect us to start contributing for kidney.
Vokkin' bles brains.

NeuroBoss: Even him papa, the Ede-born Billionaire cannot afford it.
Though, he is still right in a way. He actually does own it until his hours expises

Sho? if a billionaire no fit afford a private jet na u fit afford am abi? ODE!

CoolHunk: Put your supercritical minds to better use. In other words, quit hating. At least he has you guessing. Whereas if OP says he has a private jet, people will just yawn and walk away.

When did telling the plain truth become hating? He cannot afford a private jet yet he said he has one and the OP has given reasons why it's a possible lie.

Stop being a Davido A.S.S Licker bro.

Whereas if OP says he has a private jet, people will just yawn and walk away

Same way people will yawn and walk away if you claim you have a private jet. Mtscheww

Is he a billionaire?

Where can he get such money?

Maybe a Rented jumbo jet; I can agree to that but to buy 250m$ NO NO

That's equivalent to 4.2billion naira.

Lie!!!
#No hating though