Legendary Nigerian comedian Ali Baba has revealed the extravagant spending habits of a popular musician who reportedly splurged over N1.5 billion on a lavish lifestyle.
During a recent episode of the Eden Oasis Realty podcast, Ali Baba detailed the musician’s excessive expenditures following major performances. He noted that the artist was paid N400 million for a performance in Dubai and an additional N500 million for another international event.
Rather than making strategic investments, the musician indulged in luxury, spending a significant amount on a Maybach, another high-end car, expensive jewelry, and an extravagant shopping spree.
Ali Baba emphasized that within just two months, the musician had depleted over N1.5 billion. He expressed disappointment, highlighting numerous investment opportunities that could have been pursued, such as purchasing land, building a recording studio, or constructing an event center to generate long-term income.
“I told a musician, a very top musician, if he hears this he would know he is the one I am talking about. He went to play in Dubai; they paid him nearly N400 million; he went to play in another International event, and they paid him about N500 million.
“The next thing, he has a Maybach, has another car, and goes on a spree with jewelry and all other things. And in less than two to six months, he has done about 1.5 billion.
“He would have bought land, done an event, and put a powerful studio upstairs. People will come there and shoot and do their music thing, and the venue will bring enough money to buy anything he wants to buy. Then it was time for him to get married, and he had to use a hall. But if he had built the hall, he wouldn’t have needed to spend the money for the hall.
“Asake wanted to do his concert in London. He applied to a bank and says, “I need a loan of 1 billion, I want to organize a concert in London. They wouldn’t give him because he is an Asake right?
“A car dealer goes to the bank and says, “he wants to import 12 cars”, they would give him the money, he would bring the cars in and put it in the shop. He can’t sell them in one week. The cars will be in the shop for sometimes six months, one year, he still hasn’t sold some of those cars. Asake’s concert is one day, he will make two billion”.
