Saturday, November 14, 2026

I don’t have degree, yet pay salaries of 100 people: Davido’s manager Asika

Asika said he has no regret as most of his close friends earn “peanuts” despite being Ph.D holders.

• June 26, 2023
Asa Asika
Asa Asika [Photo: LinkedIn]

Davido’s manager Asa Asika recently revealed that despite not having a degree, he pays monthly salaries of over a hundred staff.

The 32-year-old artist manager disclosed this in a recent interview with social media influencer Smartmoneyarese.

Asika dropped out of university.

“Everyone’s story is different, everyone’s path is different, people always feel as if you have to go a certain way to get a certain goal” he said.

“One of my companies pays 45 people’s salaries a month and that’s only one of the companies I run. If I do the maths, I probably pay about 100 people salaries a month and I have no degree” he added.

Asika said he has no regret as most of his close friends earn “peanuts” despite being Ph.D holders.

“Without being condescending or trying to sound cocky, I have friends who have gone to school and have PhDs now and they are working a 9 to 5 and making peanuts,” he said.

Asika has been managing Davido since 2012, although the duo fell out in 2013 and reconciled in 2017. Today, the ‘Dami Duro’ crooner is approximately worth 27 million dollars and has been managed by Asika from 2017 till date.

Asides managing Davido, Asika founded The Plug Entertainment, a management firm that has been running since 2016. He had worked with the likes of Ikechukwu, ELDee, Sasha P, D’banj, Naeto C and many more artists.

He won Artiste Manager of the Year at The Beatz Awards 2019.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

WHO

World

WHO member states to finalise pandemic agreement by May 2027ish

The WHO Director-General, Dr Tedros Ghebreyesus, commended member states for the progress made.

Education

MFM GO Olukoya’s wife Folasade passes PhD examination at UK institution

Mr Olukoya urged young people to pursue their potential and avoid placing limitations on what they could achieve.

States

Shettima challenges states to convert untapped potential into investment opportunities

Cross River State Governor, Bassey Otu, said the conference held significant economic and social importance for the state.

Sport

Olympic Eagles lose 2-0 to DR Congo in U-23 AFCON qualifier

Nigeria will face DR Congo in the return fixture at the Remo Stars Stadium on Tuesday.

Nigerian Exchange

NationWide

Stock market sheds N64 billion as 21 equities record losses

The All-Share Index fell by 97.64 points, or 0.04 per cent, from 252,366.80 to 252,269.16.