Afrobeats superstar Davido has advised black Americans against relocating to Nigeria due to the country’s economic challenges.
In a recent podcast appearance, Davido highlighted Nigeria’s struggles with bad leadership, high exchange rates, and soaring oil prices, which have severely impacted the economy.
He stated, “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.
“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 praised Africa’s entertainment industry for enhancing the continent’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 added.
Watch the full video to learn more about Davido’s thoughts on Nigeria’s current state and the impact of the entertainment industry.
