Renowned singer David Adeleke popularly known by his stage name, Davido seems to have increased his endorsement fee.
The Afrobeats singer has asked for $5 million in exchange for an endorsement with Billpoint, a tech company.
Linus Williams, the company’s CEO and founder, shared the information on his Instagram page.
He claimed that Davido’s crew told him how much it would cost to hire the musician as an ambassador for his business.
It was gathered that Williams had initially prepared a whopping N150 million (approximately $205,000) for the singer.
“Re: Endorsement Deal Inquiry
Hello Mr. Williams, thank you for your email.
Davido’s endorsement fee is $5m for a full calendar year and is subject to review at the end of the endorsement period. Kindly let me know how you would like to proceed”.
