Our Reporter
Although Alafaa Kariboye-Igbo’s rise to fame and fortune made him an enigma for all who knew or heard about him, nothing is more awe-inspiring for his teeming admirers than his famous nickname: Oil Money.
Explaining how he came about the patent nickname, Oil Money, the Chief Executive Officer of Oil Money Records and Best Car Sales Ltd, said: “Well, it’s a divine idea, not man-made. I believe oil don’t stop rushing and excess money don’t finish, so combining the two words, simply means my money won’t finish or stop rushing by God’s Grace.
A scion of the Buguma family in Rivers State, Oil Money was born and raised in the Niger Delta state but studied and graduated from London University. He has made name for himself as an astute international mogul, transforming himself into a business juggernaut with interest in oil and gas, real estate, and recently, showbusiness. Ranked third in the Top 10 Richest Nigerians list, the UK-resident businessman is not one to forget his African heritage, avowing that he is doing everything possible to retain his African identity.
“It’s not easy but God Almighty is with me,” Oil Money said.
The serial entrepreneur who considered his 10th birthday the most memorable moment of his life thus far, however, avowed that if he could turn back the hands of time, what he would have done differently was to have established Oil Money Record earlier.
He admitted having a stressful moment when he ventured into showbiz, “but now that I have a working team, everything is perfect,” he stated.
Having scaled the initial hurdle, he is now focused on making Oil Money Record a world-class music label. “We don’t believe in being the best but with simplicity, our aims would be achieved,” he remarked.
Leave a Reply