Lifestyle
I Sank Into N500m Debt Because Of Love And Trust – Mr Macaroni
By Benjamin Abioye
Nigerian comedian and actor Debo Adedayo, popularly known as Mr Macaroni, has shared details about his financial struggles due to a scam and a failed investment that sank him into a debt of more than N500m
Mr Macaroni revealed that his generosity and poor financial decisions led to serious debts, forcing him to borrow money to meet his obligations and responsibilities.
According to him, 2024 was both a career-defining year and the most difficult period of his life, as he found himself owing over half a billion naira.
Mr Macaroni expressed deep disappointment after being betrayed by someone he considered a close friend and sister, which worsened his frustration and compounded his debt problem.
He wrote, “Sometime around 2021/2022 I was a victim of a scam and simultaneously a failed investment that cost me all I had saved at the time. It shook me deeply but I told NO ONE about it. If you know me well enough, you would know I do not like to share my problems. I could be going through the worst and at the same time helping others solve their own problems but I just would never share mine.”
He explained that after losing his savings, he started borrowing money, believing he could easily pay it back with interest. However, he soon realized he was using most of his income to cover the debts.
He continued, “After I lost all the money I had then, Trouble started when I had to borrow money from different sources to settle all pending commitments and also fulfill certain responsibilities I have always believed were mine to fulfill. I make money in millions so I never thought borrowing money to pay back with interests could ever be a problem. But I got too comfortable and it took me a long time to realize that I was using the money I was earning to pay back interests. Also, my financial recklessness did not help. Please don’t borrow money! But if you must, please be responsible. I was now in serious debt.. but it didn’t stop my recklessness.”
Despite gaining international recognition for his acting in 2024, Mr Macaroni said he was weighed down daily by his overwhelming debt and financial burden.
He added, “2024 was a turning point for my Acting career. Two of the films I featured in were screened at international festivals.. my performances in some other films released last year also earned me numerous commendations. However, It was also the most troubling year for me. I was burdened every single day and night, knowing that I was over half a billion in debt.”
The comedian admitted that the biggest shock came when someone he trusted deeply betrayed him, leaving him completely devastated.
He shared, “The last straw was when I was betrayed by someone whom I have always loved as a friend and sister. She betrayed my trust, love and confidence and for that I was completely destabilized. I hardly trust people and nothing really surprises me about the actions of we humans but this one, I could never have prepared for. Such was the level of trust and love.”
Despite everything, he remains optimistic. He described himself as a fighter who never gives up, crediting his family and friends for helping him through the tough times.
“But you see, one thing about me is that I’m a warrior! I have never backed down from a fight. When I fall, I bounce back even stronger by God’s grace and I keep my head up. So I gathered myself, and made some very tough decisions and with the help of family and friends who have stood by me, I feel better than I have felt in the last 3 years!” he concluded.
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