“It’s my own way of giving back to community” – Olamide on why he started signing artists

One of the biggest fish in Nigeria’s music industry, rapper and singer, Olamide Adedeji, simply known as Olamide, has revealed that he established a record label to sign many good artists in the country because he sees it as a way of giving back to the community.

According to the superstar YBNL boss, he started a record label so he can spend his “too much money” on young artists’ careers.

He disclosed this in an interview with Apple Music’s Ebro Darden.

He 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 artistes in the country; Fireboy DML and Asake.

Adekunle Gold, Lil Kesh, Chinko Ekun, Young Jonn, and Pheelz were formerly signed to the record label.

Recall that controversial singer, Portable during an interview with Nedu, had mentioned Olamide as one of Nigeria’s artistes that supports upcoming singers in the streets.

Portable also talked bout his admiration for WizKid while speaking in an episode of the Honest Bunch podcast with Nedu Wazobia and others.