The team of Afrobeat musician Davido has disclosed that it will cost $5 million to secure the artist’s endorsement over the course of a year.
Davido’s team revealed the price of hiring the musician as an ambassador for his business, according to a post on Instagram by Billpoint CEO Linus Williams.
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Williams shared a copy of the response he received from the singer’s team.
The post titled “Re: Endorsement Deal Inquiry” reads;
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.
According to the tech guru, he had initially prepared a whopping N150 million (approximately $205,000) to bring in Davido as a brand ambassador.
The post read;
@billpoint.co drafted the sum of 150m naira which is equivalent to $205k to Bring davido as our Brand Ambassador As his the best man for the Job.
“We finally gave up when we got this response from his team , Who do you think we should sign to Billpoint family with $205k ? i nor know say na like endorsement deal dey cost o
The Anambra tech guru Linus Williams is the founder and CEO of the BillPoint app. The app was launched in April 2023 and is designed to enable users to easily purchase affordable airtime, data, and pay bills for their electricity and cable TV. Since its launch, the app has gained significant traction.
