Davido Reacts as Otedola Buys Ferrari Cars for Daughters


Popular Nigerian Businessman and Philanthropist, Femi Otedola recently spoilt his three daughters with a Ferrari Portofino each.

The 57 years old billionaire father took his three daughters shopping and bought them cars.

This was made known by one of the billionaire daughters Florence Ifeoluwa Otedola (DJ Cuppy) as she took to social media to announce it.

DJ Cuppy, however, took to her Twitter page official handle as she flaunts her new car saying,

“Papa took us shopping and bought one of each! #FerrariPortofino  #CuppyDat.”

Viewing the ladies’ cars, it came with customized plate numbers with each daughter’s best color.

READ ALSO: Singer Davido Reveals Why He Left Social Media for 3 Months

According to Edmunds, the least-expensive 2019 Ferrari Portofino is the 2019 Ferrari Portofino 2dr Convertible (3.9L 8cyl Turbo 7AM).

Including destination charge, it arrives with a Manufacturer’s Suggested Retail Price (MSRP) of about $210,783.

AutoGuide gives a retail price of $215,000 for the 2020 Portofino, the most basic of the Ferrari brands.

In Naira terms, the cost will be between N240 and N251 million at the official exchange rate of N387 to a dollar.

In the parallel market at N465 to a dollar, it means the billionaire has spent about N300 million on the gifts to his daughters.

Reacting to this, Singer Davido joined many Nigerians to congratulate the daughters of Femi Otedola.

Davido who is a father of two daughters, however, promised to do the same for his daughters one day.



  1. Dear lord of host, help me to also do this for my children. I’m so happy for theses children. God bless Otedola more and more. God bless me and my husband too o.

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