Davido Warned Against  Buying More Luxury Cars Amid $11m Bugatti Purchase

<p>By Mary Emeka<&sol;p>&NewLine;<p><strong>Sharon Adeleke&comma; sister of Nigerian music star Davido&comma; has revealed that she regularly advises the singer to cut back on spending on luxury cars&period;<&sol;strong><&sol;p><p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;nigeria-moves-to-deepen-nordic-trade-investment-ties-as-akande-assumes-sweden-mission&sol;">Nigeria Moves to Deepen Nordic Trade&comma; Investment Ties as Akande Assumes Sweden Mission<&sol;a><&sol;p>&NewLine;<p>Adeleke disclosed this while speaking on The Moraya Show&comma; where she discussed how wealthy families manage money and her role in monitoring Davido’s finances&period;<&sol;p>&NewLine;<p>According to her&comma; she and Davido hold weekly financial meetings to review his spending and ensure he keeps track of how his money is being used&period;<&sol;p><p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;discos-face-sanctions-as-niso-rejects-debt-repayment-plans&sol;">DisCos Face Sanctions as NISO Rejects Debt Repayment Plans<&sol;a><&sol;p><&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Me and Davido would sit and have a finance meeting every week because I think it is important for him to know how his money is being spent&comma;” she said&period;<&sol;p>&NewLine;<p>Adeleke said she had specifically advised her brother to stop acquiring more expensive cars&comma; suggesting that his spending on luxury vehicles was an area requiring greater restraint&period;<&sol;p>&NewLine;<p>Her comments come shortly after Davido disclosed during a livestream with streamer Davrel that he had paid &dollar;11 million for a custom-made Bugatti&comma; which he said was expected to be delivered to Nigeria&period;<&sol;p>&NewLine;<p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;frsc-mobile-court-convicts-motorist-suspends-licence-over-assault-on-marshal&sol;">FRSC Mobile Court Convicts Motorist&comma; Suspends Licence Over Assault on Marshal<&sol;a><&sol;p><p>Adeleke also addressed the perception surrounding children from wealthy families&comma; popularly described as &OpenCurlyDoubleQuote;nepo babies”&comma; saying they often receive significant support and assets from their parents but may not have unlimited access to cash&period;<&sol;p>&NewLine;<p>She said such children could receive education&comma; land and properties from their parents but were expected to utilise those assets to build their own wealth&period;<&sol;p>&NewLine;