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Davido lied about buying a private jet — Capital NG claims

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The media went agog when David Adeleke, popularly known as Davido, released a piece of news about his acquisition of a private jet.

Quite a good number of people assimilated this information hook, line and sinker but probing minds have been questioning the veracity of Davido’s claim.

What does it really require to own a private jet? Does Davido have the financial resources and logistics requirement to own a private jet? Has he truly bought a jet as he claimed? To what extent does he need a private jet? What does he intend to achieve by saying otherwise if he has not bought it? But pray, his billionaire father, Chief Adedeji Adeleke does not even own one.

Our source has exclusively revealed that what Davido went on air to announce is actually “fractional ownership” in which his financial commitment in the arrangement is meagre while the major financiers have chosen to play down their involvement to give Davido conceded prominence.

According to our source, conceding prominence to Davido in the private jet ownership is part of a business deal to make Davido very bankable in the showbiz industry. This arrangement is to present Davido as a viable brand with a view to cornering lucrative deals from multinational businesses, countries and other foreign entities.

The guys at the vanguard of the jet ownership narrative are said to have agreed on a sharing formula with Davido when the deals start coming in. The jet upon delivery would be deployed to Davido’s peripatetic needs and those of others in need of it.

Of a fact, buying a private jet is a herculean task. Jet prices range from $3 million to $90 million. It has been found out that about 85 per cent owners buy second-hand aircraft; and depending on the size of the aircraft, it can cost between $700,000 and $4 million per year to run your own aircraft. For most multi-millionaires tired of travelling first class, but are not ready to fork out a chunk of money for a jet that will run up bills for years, the alternative for them is membership scheme for private jets at the approximate cost of a first-class airfare.

TheCapital has exclusively obtained information revealing a good number of Nigerians on this membership plan but whom have been reported to be jet owners.

Source: The Capital NG

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Nse Ikpe-Etim Reacts To Desmond Elliot’s Call For Social Media Regulation

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Nse Ikpe-Etim
Nollywood Actress Nse Ikpe-Etim

Nollywood Actress Nse Ikpe-Etim

Nigerian actress, Nse Ikpe-Etim, has reacted to the call for social media regulation by popular actor cum Lagos lawmaker, Desmond Elliot.

A fan had tweeted at the movie star and a few of her colleagues known to be friends with Elliot requesting their opinion on his speech.

@HenshawKate, @uchejombo, @IshaSesay, @NseIkpeEtim, @MichelleDede … Respectfully asking; don’t you guys still hangout with Desmond? I sincerely think if you guys do he would be better at representing the people“, the fan asked.

Read AlsoNse Ikpe-Etim Goes Into Self-Isolation After Returning From UK

Ikpe-Etim retweeted the tweet with a comment that reads:

“A basket can hold many seeds, not all would be worth planting. This reply is also respectfully.”

See her reply below:

The actress’ reply

 

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‘If You Are Arrogant, Stay Away From Public Service’ – Film Director, Mildred Okwo Tells Lawmakers

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'If You Are Arrogant, Stay Away From Public Service' - Film Director, Mildred Okwo Tells Lawmakers
Mildred Okwo

Movie Producer, Mildred Okwo

Nollywood film director and producer, Mildred Okwo, has advised arrogant people to stay away from public service in Nigeria. The award-winning filmmaker took to her Twitter page to dish out the advice.

She also shared her take on the lawmakers who are blaming the recklessness of some Nigerian youths on social media.

In her words:

“If you are arrogant, stay away from public service.”

Read Also‘Testing Cast And Crew For COVID-19 Is Expensive’ – Filmmaker Mildred Okwo

“Dear Reps, one or two of the youth on social media you malign are supposed to be in your employ to help you read & understand ur constituent’s needs. You are also supposed to create avenues for the hoodlums who helped put you in power to become responsible citizens”

See her posts below:

The filmmaker’s post

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Rapper Pepenazi Ties Knot With His Fianceè, Janine

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Rapper Pepenazi Ties Knot With His Fianceè, Janine
Pepenazi and his fiancée, Janine

Pepenazi and his fiancée, Janine

Nigeria rapper, Pepenazi,who is also media personality Dotun’s brother, finally tied the nuptial knot with his fiancée, Janine on Friday.

According to reports, the couple got married at the Ikoyi registry, Lagos in the presence of their close friends and family.

OAP Dotun broke the exciting news on social media and he also shared photos from the civil marriage ceremony.

In the photos, Pepenazi, who is now a married man, wore a dapper tuxedo while his bride donned a beautiful white gown.

Information Nigeria recalls the pair got engaged in February.

Read Also: Singer Pepenazi Proposes To His Girlfriend (Video)

See the photos below:

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