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David Adeleke, better known as Davido, recently shared on an American podcast, ‘Business Untitled,’ that his family plays a role in distributing electricity across Nigeria.
He disclosed that his family owns four power plants, which make significant contributions to Nigeria’s energy supply.
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In addition to discussing his family’s businesses and personal investments, David mentioned his brief foray into cryptocurrency due to its popularity in Nigeria.
He also revealed plans for his wife’s culinary venture, intending to launch a restaurant for her. However, he emphasized that his primary focus remains on his passion for music.
While David’s family does have investments in the energy sector, particularly through their ownership of four power plants, it’s worth noting that the government owns the majority of major thermal and hydropower plants in Nigeria.
Therefore, some observers may question Davido’s assertion that his family supplies a significant portion of Nigeria’s energy needs.
