Eldee, artiste and record label owner turned entrepreneur, says most wealthy Nigerians who made it in business were “simply lucky”.


He said many of them have nothing to offer the youth in the mentorship department because they are not business savvy.

The entertainer lamented that many young entrepreneurs cannot get “valuable advice” from those who have attained success in business.

This, he blamed on the culture of getting “lucky” by knowing someone in a position of authority.


In an Instagram rant, he wrote: “We don’t have enough mentors for our young entrepreneurs because many of our wealthy folks weren’t business savvy, they were simply lucky,.. lucky to have a friend/uncle/brother in govt & able to usurp opportunities./resources illegally.

“They simply “hammered”. You can’t teach luck and that’s why they can’t offer you any valuable business advice.

“More than 80% of the wealth in the nation was illegally allocated, stolen or usurped. Genuine business success is rare so don’t be surprised when all they can tell you is “by the grace of God”.


“Don’t get me wrong, there are many successful businessmen that can mentor the best in the world, they’re just rarely in the top 5% of our wealthy class, and not nearly enough to support the millions of young up and coming entrepreneurs.”

Eldee, born Lanre Dabiri, is the brain behind Playdata.

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