Nigerian rapper and singer, Olamide Adedeji, popularly known as Olamide, has revealed why he established a record label.
The YBNL boss said he started a record label so he can spend his money which is “becoming too much” on young artistes’ careers.
He also asserted that it was his own way of giving back to the community.
He disclosed this in an interview with Apple Music’s Ebro Darden.
The famous rapper said: “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.
“It is just like my own little way of giving back to the community.”
Olamide’s YBNL Nation is home to two of the hottest new generational afrobeats artists in the country; Fireboy DML and Asake.