The Chief Executive Officer (CEO) of Oil Money Records, Alafaa Kariboye-Igbo has disclosed that dabbling into showbusiness is simply the latest development in his effort at expanding his business empire.
There is more to come, he hinted. “In just a matter of time, other plans on the way will matured and unraveled,” he confirmed.
His record label launched in 2021, has been the talk of the town in the music industry. On why he decided to set up a record label instead of other business ventures he could go into, Alafaa Kariboye-Igbo, popularly known as Oil Money, said: “The label is set up to assist talented young and up-and-coming artistes a platform to achieve their dream to become global brands.”
According to him, the label which became operational in March 2021 already has two artistes in its stable. “We have Jaydboy and Clova Fresh. But as time goes on, more artistes will be signed onto the label,” he said.
For numerous aspiring musicians who have been angling to know how the label chooses its artistes, Oil Money offered an insight: “We signed artistes for their uniqueness and creativity.”
Speaking further about the Oil Money Record label, the CEO said: “We will be pushing all genres of music, all that matter is the uniqueness and creativity of the artistes. We hope to have made at least five superstars in the entertainment industry in the next five to 10 years.”
He added: “The vision of Oil Money Record is to take over the global music scene by nurturing and promoting artistes that would not be limited to one country or continent, but rather, globally accepted.”
And to lovers of good music, Oil Money assured: “Fans should expect something crazy and mind-blowing this year as the record label is working full-time to bring about new and creative sound to the industry.”