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Firm laments as Davido requests $5m for endorsement.
Founder of BillPoint app, built to enable users to easily purchase affordable airtime, data, and pay bills for their electricity and cable TV, Linus Williams has revealed that Nigerian music icon Davido requested $5 million to endorse his service.
Davido’s management team has said that it will cost $5 million to get the musician’s endorsement over the course of a year.
According to a post by Billpoint CEO, Linus Williams, yesterday on Instagram, Davido’s team disclosed the cost of bringing the musician on board as an ambassador to his company.
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.”
Williams, it was gathered had initially prepared a whopping N150 million (approximately $205,000).