Connect with us

Hi, what are you looking for?

Entertainment News

Obi Cubana finally opens up on the true source of his wealth

Obi Cubana biography, Mother's burial

Businessman Obi Cubana has urged Nigerian youths to desist from seeking wealth through illegal means, stating that he does not have “soap” to cut for anyone.

Speaking in an interview with BBC Pidgin on Tuesday, July 20, Cubana who made headlines recently after shutting down Anambra with lavish burial for his late mum, said he got his breakthrough when he made his first million naira after his National Youth Service Corps program in Abuja.

He said it was in Abuja that he was introduced to the real estate business, where he met a client who wanted to furnish a house. After furnishing the house for the client, Obi was gifted N500,000, as he also made over N600,000 in profits for the job.

According to him, “That was the first N1.1 million I made before I joined contract work in Abuja. I signed a contract with PPMC, made a little money, then bought my Mercedes V-boot. I invested the money I made into a garden beer parlour before I established Cubana Group.

Miracle can’t give you money because the pastor needs money the more than you. Native doctor can’t give you money either. If you want money, you have to work hard.

If you are in your 20s, work now. I am 46 years (old), I have done my first half. I don’t know why someone who is just 20 years (old) will say he has not made it when he still has 50 years 60 years ahead. There is no soap to cut for anybody, there is no soap anywhere, work, pray, be good, make your own soap.”

Defending the spraying of naira notes at the funeral of his mother Ezinne Uche Iyiegbu last week in Oba, Anambra State, the Chairman of Cubana Group Obi Iyiegbu, aka Obi Cubana, told BBC Pidgin in an interview published on Tuesday that he could not dictate for his guests how they would spend their money.

“Why would I plan to make people lavish their money, to bathe with it? They own their money and decide how to spend it. Those people are not people I can tell ‘do this or do this’…but I feel that they just wanted to show me love,” he said.

The Central Bank of Nigeria (CBN) Act makes it illegal to spray naira notes as it is considered to be ‘abuse and defacing’. Violators risk “imprisonment for term not less than six months or fine not less than N50,000 or both”.

You May Also Like

Entertainment News

Nollywood veteran actor Patrick Doyle was recently on PlusTV Africa’s “Tea Time” show where he spoke about a need for a balance of family...

Entertainment News

Popular crossdresser, Idris Okuneye better known as Bobrisky has expressed his gratitude to actress Eniola Badmus for turning up for him. Kemi Filani news...

Entertainment News

Nigerians on Instagram have resorted to insulting and blasting Nigerian music artist manager and the founder of record label Made Men Music Group, Ubi...

Entertainment News

Actress, Seun Osigbesan, who is well known for playing the role of Jennifer, in the popular TV series, The Johnsons has revealed that she...

Sport

West Ham boss David Moyes has lambasted the VAR decision to cancel a goal scored by one of his players. Kai Havertz gave Chelsea...

Entertainment News

Minutes after denying ever cheating on her estranged husband, Korra Obidi has been slammed with receipts. KemiFilani recalls that after Justin Dean, an American performance...

Entertainment News

Alaafin of Oyo’s estranged queen, Ola took to her Instastory on Instagram to open up about her marital status and why she left the...

Entertainment News

Controversial faceless gossip, Gist Lover has set the internet in a frenzy after unveiling the alleged crisis rocking Rita Dominic’s marriage. Kemi Filani News...

Entertainment News

Fine Boy Nollywood actor Frederick Leonard has called out his female colleagues for stinking. The movie star who obviously couldn’t stand the offensive smell...

Entertainment News

Nollywood actress and producer, Rita Dominic has stepped out for the first time with her husband, Fidelis Anosike since news of his alleged affair...

Entertainment News

Ibidun Ajayi-Ighodalo’s mum had planned to gift her a house on her 40th birthday which would been on July 19. Her brother in-law, Asuen...

Entertainment News

Nollywood actress turned Evangelist, Eucharia Anunobi has reacted to the reports that she is allegedly having an affair with her 27-year-old colleague;  Identified as...

Page was generated in 0.076533079147339