Nollywood actor Femi Adebayo has debunked reports claiming he spent ₦40bn to establish his newly launched media hub, Euphoria360Hub.
The award-winning actor addressed the reports during an interview with TVC Entertainment, where he spoke about the vision behind the project and his long-standing ambition to bring it to fruition in South-West Nigeria.
Prompt News reports the launch of the facility marked a significant step in Adebayo’s career, but claims about its alleged cost have generated attention online, with reports suggesting that the actor invested ₦40bn in the venture.
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Setting the record straight, Adebayo dismissed the figure, insisting that the amount being circulated did not reflect what he spent on the project.
“Euphoria 360 is a dream I’ve always wanted to achieve in a South West state in Nigeria, and no, I didn’t spend up to 40 billion like people have been saying,” he said.
