Afrobeat superstar Davido has voiced his concerns about the state of Nigeria’s economy, citing the high cost of oil and the struggling exchange rate. In a recent appearance on The Big Homies House Podcast, Davido shared his thoughts on the challenges facing his home country.
According to Davido, the economic situation in Nigeria is “in shambles.” He expressed frustration with the high cost of oil, noting that it is ironic that Nigeria, an oil-producing country, pays more for oil than countries that import it.
Davido’s comments come at a time when Nigeria is facing significant economic challenges, including a struggling exchange rate, high inflation, and a decline in the standard of living. The country’s reliance on oil exports has made it vulnerable to fluctuations in the global oil market.
As a prominent ambassador for Nigeria, Davido acknowledged his role in promoting a positive image of his country. However, he emphasized the need for honesty and transparency about the challenges facing Nigeria.
Davido’s comments have sparked a lively debate about the state of Nigeria’s economy and the need for urgent reforms. As one of Africa’s most influential musicians, Davido’s voice carries significant weight, and his willingness to speak out on important issues is a testament to his commitment to using his platform for good.