I spend up to $300,000 monthly in Nigeria- Davido

Nigerian music star Davido has revealed the significant extent of his personal spending in Nigeria, estimating his monthly expenses to be between $200,000 and $300,000. The Grammy-nominated artist shared these figures during a live conversation on Davrel Twitch, comparing his spending habits in Nigeria to those in the United States.

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I actually spend less in Yankee because I live with just me, my wife and my kids. When I’m around, I spend a lot more. We are balling every day.

Davido noted that his expenses are considerably lower in America, where his household consists only of himself, his wife, and their children. In contrast, his spending in Nigeria is much higher, as he described their lifestyle as "balling every day."

He clarified that the stated monthly expenditure of $200,000 to $300,000 covers only his personal spending. This amount does not include significant costs associated with his wife, household maintenance, luxury vehicles, or jewelry purchases.

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I can’t tell you how much, but I can tell you like 300. Normally, probably like 200 to 300. This is minus my wife and the house… that one is closed. Minus buying jewellery or buying car.

In addition to discussing his finances, Davido also touched upon a philanthropic initiative. He announced plans to create a mental health therapy center specifically for former celebrities who have faced difficulties coping after experiencing a decline in fame and success. "If there is one thing I could do, I would build a centre for people that have been popular and very successful before," he stated.

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If there is one thing I could do, I would build a centre for people that have been popular and very successful before.