Olamide Says He Had Nothing To Do With His Money, That Is Why He Established A Record Label And Signed New Musicians.

Olamide Says He Had Nothing To Do With His Money, That Is Why He Established A Record Label And Signed New Musicians.

Nigerian Rapper Olamide has revealed that, the reason behind his opening of a record label and signing on some young talents was that he didn’t have anything to do with his money.

He revealed this during an interview with Apple Music’s Ebro Darden.

According to him, he had stuck too much money and realized he didn’t have anything to do with the plenty monies in his coffers.

Therefore, he made the decision to use the money to set up his record label, YBNL, and sign new artists.

“I just started stacking up money and the money was becoming too much for me. I’m like, yo, I don’t have anything to do with all this money, mehn, I need to sign new guys. Let me spend money on people, you know.

The rapper continued by saying that it was a chance to give back to society.

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