‘Don’t relocate to Nigeria, the economy is in shambles’ — Davido advises black Americans
Davido, the Afrobeats star, has advised black Americans against relocating to Nigeria, citing the country’s economic challenges.
In an appearance on The Big Homies Housepodcast, the singer shared his thoughts on the struggles bedeviling Nigeria, stating, “It is not cool back home. The economy is in shambles”.
Davido also mentioned Nigeria’s struggles with bad leadership, a high exchange rate, and skyrocketing oil prices, which are negatively impacting the country.
“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 no going to show the bad parts,” he said.
“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.”
Despite the challenges, Davido emphasised the entertainment industry’s positive impact on Africa’s global image.
“Regardless, entertainment is one of the thing that has made Africa look good. We do not have the best leader, that is a fact,” he said.
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