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
Drake blames Covid-19 infection for his lingering hair loss.. Drake has opened up about having Covid-19, revealing that he...
R. Kelly is at the center of a massive investigation following the discovery of multiple incriminating s-x tapes. For...
Big Brother Naija 2017 housemate, Tokunbo Idowu, popularly known as TBoss, has been questioned for getting too close to...