Wizkid made over N384 million from his Afro Republik Festival

Nigerian Musician, Ayodeji Balogun, popularly known as Wizkid made a whopping sum of £800,000.00 from ticket sales of his Afro Republik Festival in London which is approximately N384,332,000.00.

The concert of 20,000 seat capacity was sold out 7 days before the event day. The event tickets were sold at £40 per ticket and busybodies have calculated that mean cool £40.00×20,000 equivalent to £800,000.00. Never mind that some of the tickets must have been given out as compliments not to mention the cost of organising the event including marketing and promotion.

The singer, with support from other artists like Mr Eazi, Tekno, Maleek Berry, Not3s, Tiwa Savage & Skepta held a 20,000 capacity crowd at the O2 Arena, London for hours with performances of their hit songs. And yeah, it’s not like those artists performed for free or that their logistics were not taken care of by the organisers.

Mind you, I’m not saying that the concert didn’t make all that money, maybe it did, maybe it did not but people need to take a reality check, there are costs to organising such events and Wizkid definitely did not walk away with N384,332,000.00. Not after the cost and revenue sharing among the organisers and certainly not after the UK taxman collects his share. All the same, congratulations to Wizkid for a successful concert.

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