David Adeleke, widely known as Davido, recently made a revelation about his family’s involvement in the energy sector during an appearance on the American podcast ‘Business Untitled.’ According to Davido, his family plays a significant role in distributing electricity to major parts of Nigeria as they own four power plants.
In addition to their energy ventures, Davido also discussed his family’s other business interests and personal investments. He mentioned his brief exploration of the cryptocurrency market, driven by Nigeria’s growing interest in the field. Furthermore, he revealed plans to support his wife’s culinary aspirations by starting a restaurant. However, Davido emphasized that his primary focus and passion lie in his music career.
While it is true that Davido’s family is affluent and involved in various business endeavors, it is worth noting that the majority of major thermal and hydropower plants in Nigeria are owned by the government. Consequently, some observers may question the extent to which his family contributes to Nigeria’s overall energy supply.
Nevertheless, Davido’s revelation sheds light on the entrepreneurial spirit of his family and their commitment to making a positive impact in Nigeria’s business landscape. It also highlights the multifaceted nature of Davido’s own career, extending beyond his success in the music industry.



