Connect with us

Entertainment

‘₦400 Million Is Nothing, It’s Like ₦400 to Me’ — Billionaire King Ochacho

Real estate mogul King Ochacho says the ₦400 million mansion he gifted TikTok star Peller and his wife, Jarvis, is “small money,” revealing that an even bigger gift is already being planned while also announcing a school fees support initiative for students.

Published

on

images 37
King Ochacho, Peller and Jarvis
  • Real estate mogul King Ochacho says the ₦400 million mansion he gifted TikTok star Peller and his wife, Jarvis, is “small money,” revealing that an even bigger gift is already being planned while also announcing a school fees support initiative for students.
versenews.ng

Real estate entrepreneur, King Mohamed Adah, popularly known as King Ochacho, has described the ₦400 million mansion he gifted TikTok star Habeeb Hamzat, popularly known as Peller, and his wife, Elizabeth Amadou, alias Jarvis, as “small money.”

Ochacho made the remarks during a TikTok livestream on Monday, two days after the couple’s wedding ceremony in Lagos.

According to the real estate mogul, the value of the luxury property is insignificant to him and his family.

“₦400 million is no money. ₦400 million is just ₦400 as far as Ice King, Money Man, Ochacho Real Estate is concerned. It’s small money to them,” he said.

Explaining the reason behind the generous gift, Ochacho praised Peller’s character, describing him as someone with a kind and generous heart.

Advertisement

He said acts of giving always attract greater blessings and revealed that the mansion would be the smallest gift he would ever present to the social media star.

RECOMMENDED FOR YOU  GehGeh Breaks Silence, Says Viral Wedding Was 'Publicity Stunt'

“Peller has a very good heart. Whenever we give, God replenishes it and restores double what we have because we give.

“But Peller, let me tell you the truth. That house is going to be the smallest gift ever I’m going to give to Peller. The next one I’ll give to Peller, they will off light in this country. They shouldn’t worry.

“That house is going to be the smallest gift I’ll give to him,” he added.

Advertisement

During the livestream, Ochacho also announced a scholarship initiative to mark the upcoming birthday of his son, Ice King.

He disclosed that selected students across Nigeria with verified school fee obligations would have their tuition paid directly to their schools.

RECOMMENDED FOR YOU  Mr Ibu Gets Discharged From Hospital, Returns Home After Leg Amputation (Video)

“Ice King is going to be 13 in a few days’ time. If you have not paid your school fees and you have a genuine school account, Ice King is going to help you on Thursday on his birthday.

“You can give us the direct account to the school, and they are going to help you pay your school fees. We are going to select a certain number of people across the country that we are going to pay their school fees on Thursday,” he said.

Advertisement

Ochacho added that his team was fully prepared to carry out the initiative, saying they were “hungry to deliver.”

The ₦400 million mansion was officially presented to Peller and Jarvis during their wedding ceremony, where Ochacho announced that the property, located in Abuja, was a gift from him and his children.

RECOMMENDED FOR YOU  Davido’s Babymama Anita Brown Tenders Public Apology To His Wife, Chioma

The surprise announcement drew loud applause from guests and quickly went viral across social media platforms.

The celebrity wedding attracted several notable personalities, including actresses Iyabo Ojo, Eniola Badmus and Papaya Ex, content creators Cute Abiola, Nons Miraj and Purple Speedy, singer Zinoleesky, socialite Soso Soberekon and Tanzanian singer Juma Jux.

Advertisement

The mansion gift fulfilled a promise Ochacho had earlier made to Peller during Soso Soberekon’s wedding, where he pledged to support the TikTok star on his wedding day.

Watch video below:

WhatsApp
Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

nersi nersi
News11 hours ago

FG’s ₦50,000 Relief: 5 Things to Check Before You Accept a Payment Message

Received a message about the FG’s ₦50,000 relief? Check these five details before responding, sharing information or attempting to collect...

Atiku abubakar Atiku abubakar
Politics12 hours ago

‘There Is No Shaking’ — Atiku Reveals Next Move After Court Voids His ADC Presidential Ticket

Atiku has vowed to challenge the court judgment nullifying the David Mark-led ADC leadership and his presidential nomination, urging supporters...

Ronaldo 9.jpg Ronaldo 9.jpg
Sports16 hours ago

BREAKING: Cristiano Ronaldo Retires From International Football

Cristiano Ronaldo has announced his retirement from international football, saying he will hand back Portugal’s No. 7 shirt after the...

Atiku unhappy sad angry Atiku unhappy sad angry
Politics16 hours ago

BREAKING: Court Nullifies Atiku’s 2027 Presidential Candidacy

The Federal High Court in Abuja has nullified the Senator David Mark-led ADC caretaker committee and invalidated actions taken under...

Pharmacists Pharmacists
News19 hours ago

Medipool: Pharmacists Challenge FG’s Drug Supply Arrangement, Demand Public Oversight

Medipool has come under criticism from the Pharmaceutical Society of Nigeria, which wants stronger public oversight and legal safeguards for...

Senate 1 Senate 1
News19 hours ago

Emergency Treatment: Senate Advances Bill Proposing Jail Terms for Delays

An emergency treatment bill proposing penalties for delays in care has passed second reading in the Senate, as lawmakers debate...

NIMC NIMC
News20 hours ago

NIN Project: FG Seeks One-Year Extension as $196 Million Remains Unused, Issuance Falls Short

Nigeria’s NIN project faces a proposed extension to December 2027, with approximately $196 million undisbursed and identification issuance below target.

NNPC Clarifies Prices Changes NNPC Clarifies Prices Changes
Business20 hours ago

NNPC Posts ₦509 Billion September Profit as Revenue Hits ₦4.61 Trillion

NNPC reported ₦509 billion in profit after tax for September 2026, alongside ₦4.61 trillion in revenue and a modest increase...

IMG 1197 2026 06 24 952 IMG 1197 2026 06 24 952
Education20 hours ago

FG Connects Teachers with Students, Promises Free Data

Inspire Live will connect pupils to interactive online lessons with free data access, Education Minister Tunji Alausa says, as the...

BOI BOI
Business20 hours ago

BOI Signs $50 Million IFC Loan Deal, Reserves 25% for Women-Owned Businesses

BOI has signed a $50 million loan agreement with IFC to expand financing for Nigerian small businesses, with at least...

Advertisement