Davido, the Nigerian singer whose real name is David Adeleke, has asserted that his family plays a pivotal role in providing electricity to a significant segment of Nigeria.
He stated that his family possesses four power plants that play a substantial role in meeting Nigeria’s energy requirements. During an appearance on an American podcast called ‘Business Untitled,’ Davido discussed both his family’s business ventures and their personal investments.
He said, “I once ventured into cryptocurrency because Nigeria is big on crypto. Apart from that, me and my family have like four power plants worth a lot of money. We distribute energy to most of Nigeria.
“My wife is into culinary. We are trying to start a restaurant for her. But my main business is what I love; “my music.”
Although Davido hails from a prosperous family with interests in the energy industry, certain internet users have contested his assertion that his family fulfills the majority of Nigeria’s energy requirements.
Moreover, investigations indicate that the primary thermal and hydroelectric power plants in Nigeria are under government ownership.
