Tinubu’s Inflation: Not leaving America, things not going well in Nigeria, Davido says
Nigeria’s music superstar David Adeleke, aka Davido, says Nigeria’s economy is in a “shambles” with a messed up currency exchange.
Davido, in The Big Homies House podcast, when asked for his stance on those contemplating returning to Nigeria and other African countries in the wake of President-elect Donald Trump’s return to the White House.
“Leave America go where?” Davido said. “To be honest, it is not cool back home. The economy is in shambles. I do my part, I am an ambassador. When I go home and I am filming, I am not going to show the bad parts.”
Davido added, “I am talking about the situation in the country. Now the exchange rate is messed up, a lot of stuffs are not going well. The economy is just not good enough. The oil price is too high. Imagine the country that produces oil, paying more for it than a country importing oil.”
On Friday, the Lagos Chamber of Commerce and Industry expressed concerns over President Bola Tinubu’s plan to borrow $2.2 billion, warning of potential currency shocks.
The artiste explained that entertainment “is one of the things that has made Africa look good. We do not have the best leader, that is a fact.”
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