“Why I bought Banky W’s range rover for N2.3Million” – Michael Ugwu

Nigerian singer cum actor and politician, Banky W, auctioned his 2008 Range Rover SUV over the weekend after he had earlier stated he would give the proceeds to Charity.The singer had few days ago, shared his plans to sell the car after he took to the gram to state that he’d be auctioning the 2008 Range Rover which subjected him to ridicule few months ago after some ladies spotted him driving in it.

He wrote in part,

If you’re looking for a used Car, buy this piece of Nigerian Pop Culture history instead. It has been in more videos and movies than any other option out there lol.

It was also the subject of a stalker video some months ago. Point being, it’s famous, and these charities need our help.

The car was eventually sold for N2.3 Million Naira to Mr Michael Ugwu, the General Manager of Sony Music West Africa and Founder of FreeMe Digital, who won the bid.

After media outlet, NET reached out to him, he revealed why he bought the historic car. In his own words,

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“I wanted to purchase a piece of Nigerian music industry history and I also wanted to support charity because I believe in what Banky W stands for and has stood for in our industry,” Ugwu said as he responded to our questions.

The distinguished music business exec. also told Net what he plans to do with the vehicle saying, “The plan is to turn the car into a permanent piece of Nigerian music industry vehicular art.”