Music artiste Dr. Sid, in a recent interview with Punch, told reporters that his new house was purchased through mortgage.
He revealed the house cost N110 million and he pays the mortgage monthly, He said: "I put a mortgage payment plan in place, based on the savings I had made four years before I started a career in music. I am still paying for the house. And by the grace of God, I will get a second one soon. I pay close to N1m a month and sometimes, more. I am going to do this for the next 25 years and I am not ashamed to say it," he said.
"I am happy and honoured to be signed onto Mavin Records. I have a lot of respect for Wande Coal. He made a brave move and I wish him all the best. But I will not support anyone bad mouthing the label. With regards to Mavin Records deal, Don Jazzy has given me the opportunity to leave whenever I want to, but I won't leave and start saying something else."