Davido: My Nigeria Expenses Can Reach $300,000 Every Month

Grammy-nominated Afrobeats star Davido has revealed that he spends between $200,000 and $300,000 every month in Nigeria on personal expenses, excluding the cost of supporting his wife, maintaining his home, and buying luxury items such as cars and jewellery. The singer made the disclosure during a live conversation on Davrel Twitch on Tuesday, where he compared his lifestyle in Nigeria with his experience in the United States. According to Davido, he spends far less whenever he is in America because his household there is much smaller. He explained that in the US, he lives with only his wife and children, making his daily expenses more manageable. In contrast, his lifestyle in Nigeria comes with greater financial commitments and a larger circle of people around him. When asked to estimate his monthly spending, Davido said it typically falls between $200,000 and $300,000, noting that the figure covers only his personal expenses.

He clarified that the estimate does not include his wife's expenses, household maintenance, or luxury purchases such as expensive jewellery and vehicles.

The award-winning singer also spoke about a project he hopes to undertake in the future. According to him, he plans to establish a mental health therapy centre for former celebrities who have struggled to cope after losing fame and success.

Davido said many people who once enjoyed popularity often find it difficult to adjust when they are no longer in the spotlight, adding that such individuals deserve emotional and psychological support. The singer noted that if given the opportunity, building such a centre would be one of the most meaningful ways he could contribute to society. His comments on both his spending habits and proposed mental health initiative have generated widespread reactions across social media, with many Nigerians discussing the realities of celebrity lifestyles and the importance of mental health support for public figures.

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