Millions of Nigerians were stunned when the Federal Government banned Twitter on June 4th 2021. UK based entrepreneur and CEO of Oil Money Records, Alafaa Kariboye Igbo who graduated from London University has condemned the decision.
“It’s not a good idea at all. Most online campaigns are being done via twitter and it has also affected young Nigerians and showbiz practitioners who ply their trade on that platform. Three days after the twitter ban in Nigeria, the A4AI (Alliance for Affordable Internet) put Nigeria’s economic loss at $1.2b. A watchdog organisation, NetBlocks, also remarked that each hour of the Nigerian government’s decision cost $250,000 (N102.5 million), bringing the daily loss to N2.5 billion, he said.
On why he started Oil Money Records, the Rivers State indigene said:” The name Oil Money was divinely inspired. It’s not man-made. Because oil doesn’t stop rushing, we decided to adopt the name believing that with God on our side, our wealth will be sustained.
Oil Money Records was established to help nurture the music talents of young Nigerians who are exceptional and excellent in their chosen craft. We provide them a platform and they grow from there”.
Speaking further, the philanthropist also urged young Nigerians to always stay focused and not to give up on their dreams.
“There are a lot of things in Nigeria that would make anyone want to give up.But I would advise every young Nigerian out there to keep striving hard and believe their dreams are valid. Don’t allow your physical circumstances determines how far you rise”.
He also noted that he would be overjoyed when he makes the Forbes Billionaires list.
“Forbes is a respected platform. I will be overjoyed when I make the Forbes Billionaires list. It is something I am working on and with God on my side I know it will happen”.
Asked if he has passion for politics, Oil Money Boss simply said: “I don’t see myself venturing into that terrain for now”.