Nigerian music superstar Davido has revealed that he spends between $200,000 and $300,000 every month on his personal lifestyle, excluding the expenses of his wife and the rest of his household.
Speaking during an interview, the award-winning singer said his monthly personal expenditure falls within that range, noting that the figure does not cover his wife’s spending or the broader costs of running his household.
Using an exchange rate of roughly ₦1,600 to $1, the amount translates to approximately ₦320 million to ₦480 million per month.
He further explained that his monthly expenses vary depending on where he is. According to the singer, his spending is considerably lower when he is in the United States, where he enjoys a quieter lifestyle with his family. However, costs rise significantly whenever he is in Nigeria or travelling internationally due to the expenses associated with his entourage, logistics, security, luxury accommodations, and the demands of maintaining his status as a global Afrobeats superstar.
The revelation has since sparked widespread criticisms on social media, with many netizens questioning the relevance of Davido’s frequent public remarks, comparing him with artists such as Wizkid, Burna Boy, Asake, Olamide, and Omah Lay, arguing that they rarely make similar statements. While stressing that Davido always allegedly uses displays of wealth to seek validation and credibility, describing him as immature and claiming his behavior affects how he is perceived in the music industry.
One X user wrote:
“Of what relevance is all the rubbish this guy spews all over the place everyday?
You won’t hear Wizkid, Burna, Asake, Olamide, even Omar Lay go around talking all manner of rubbish this guy spew everywhere everyday.
He’s so insecure with low self esteem that he must use wealth to buy fans and credibility. This is why the industry doesn’t rate him. The most childish and immature toddler in Nigeria.”
Another user added:
“We only brag with all these things here in Africa 🌍. Westerners dey spend more than this amount low-key.”
By Musekir Faisat Omolara
