Olamide Adedeji, a prominent figure in Nigeria's music scene, known as Olamide, has disclosed his motivation for creating a record label. The rapper and singer aims to sign talented artists in the country as a means of giving back to the community.

Olamide, the YBNL boss, shared that his decision to start a record label is driven by his desire to invest his substantial resources into nurturing the careers of emerging artists. He revealed these intentions during 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.

"There is more happiness in giving than there is in receiving."

Nice one Boss