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
World Cup qualifier: Italy set new unbeaten record.. Italy broke the world record for the longest unbeaten run in...
Reggae act, Cynthia Morgan who has been off the scene lately is reportedly broke and facing financial difficulties at...
Manchester United manager Rúben Amorim has expressed his desire to lead the club for the next two decades, despite...