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‘How a popular Nigerian singer lavished N1.5billion in weeks’

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Popular comedian, Ali Baba has narrated how a popular Nigerian singer lavished over 1.5 billion on a frivolous lifestyle in weeks.

The veteran, in a lengthy podcast with Eden Oasis recounted how the musician, who he refused to name, performed in Dubai and was paid N400 million.

He added that the singer, who performed at another International event with a pay of over N500 million, went on a lavishing spree, buying exotic cars, such as Maybach, and expensive jewelry.

According to the ace comedian, in less than six weeks, the musician had spent over 1.5 billion.

Alibaba highlighted the potential success the musician could have achieved if he had invested the money in a profitable venture. He could have  built a studio that would attract artists and generate enough income to afford anything he desired.

He added that the artist married recently and rented a hall where he could have built his own.

He said, “I told a musician, a very top musician, if he hears this he would know he is the one I am talking about. He went to play in Dubai; they paid him nearly N400 million; he went to play in another International event, and they paid him about N500 million.

“The next thing, he has a Maybach, has another car and goes on a spree with jewelry and all other things. And in less than two to six months, he has done about 1.5 billion. He would have bought land, done an event, and put a powerful studio upstairs. People will come there and shoot and do their music thing, and the venue will bring enough money to buy anything he wants to buy. Then it was time for him to get married, and he had to use a hall. But if he had built the hall, he wouldn’t have needed to spend the money for the hall.

“Asake wanted to do his concert in London. He applied to a bank and says, “I need a loan of 1 billion, I want to organize a concert in London. They wouldn’t give him because he is an Asake right? A car dealer goes to the bank and says, “he wants to import 12 cars”, they would give him the money, he would bring the cars in and put it in the shop. He can’t sell them in one week. The cars will be in the shop for sometimes six months, one year, he still hasn’t sold some of those cars. Asake’s concert is one day, he will make two billion”.