Reports had earlier been that popular
singer, David Adedeji Adeleke, better known as Davido, broke the
internet after he revealed through his social media accounts that he has
acquired a multi-billion naira private jet.
According to a new exclusive report, the billionaire’s son actually
lied about acquiring the jet all by himself, rather it was actually a
“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.
Here’s how TheCapitalNG reported the story;
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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.