Friday 9 May 2014

I Built my N110m Mansion On Mortgage – Dr. Sid

I think this is Financial intelligence unlike some of his peers, who would even borrow money to build a house just to give the impression that they have ‘truly arrived’, Mavin Records artiste, Dr. Sid in a chat with Punch chose to come out clear on the details of his luxury home in Lekki, Lagos, rumoured to be worth N110m.
Dr Sid told Punch:
“I put a mortgage payment plan in place, based on the savings I had made four years before I started a career in music. I am still paying for the house. And by the grace of God, I will get a second one soon.  
I pay close to N1m a month and sometimes, more. I am going to do this for the next 25 years and I am not ashamed to say it."

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