Veteran comedian, Ali Baba has shared concerns about a popular musician’s lavish spending during a podcast episode.
The musician, who remains unnamed, earned N400 million for a performance in Dubai and N500 million for another gig.
Rather than investing wisely, the artist spent over N1.5 billion on luxury items, including high-end cars and expensive jewelry, Ali Baba claimed
Ali Baba expressed disappointment, pointing out alternative investment opportunities such as purchasing land, building a recording studio, or constructing an event center. These investments could generate long-term income.
He emphasized the importance of financial planning and responsible spending, especially for individuals in the entertainment industry.
Ali Baba used the example of Asake’s London concert to illustrate his point. He noted that banks would hesitate to lend Asake N1 billion for a concert but would readily provide loans to car dealers importing vehicles.
Watch the video below
Blac Chyna and Soulja Boy are breaking up after dating for only a couple weeks… ending a relationship that...
AfroBasket champion, Oderah Chidom has quit the Nigeria Women’s basketball team, citing a “lack of professionalism” from the Nigeria...
Nollywood actor cum politician, Yul Edochie has advised colleagues not to wait for anyone to love them in the...