Oil Money is a multifaceted business mogul whose stock-in-trade includes real estate, auto sales, oil and gas, and recently, music promotion.
Alafaa
Kariboye-Igbo, better known by his social media nickname, Oil Money,
recently unveiled the Oil Money Foundation to help uplift the needy in the
society.
According to the
entrepreneur, who started his career in real estate and then branched
into auto sales, oil and gas, the foundation is his own way of giving
back to society.
Oil
Money, who is frequently mentioned in the media in connection with his
record label, took his foundation team to Phcity to celebrate World
Children Day.
This
was coming after media reports about how OilMoney boss distributed food
items, including bags of rice and noodles and school materials.
Promoted
to validate the growing reports about his philanthropy, Oil Money,
recently told journalists: “Oil Money Foundation (OMF) was founded
purposely to help families live a better life. That is why our
activities are focused on indigent people, and our programmes tailored
to help poor children with their education and health.”
He further added: “We also help families to attain sustainable sources of living by creating viable businesses.”
Continuing,
Kariboye-Igbo disclosed that the foundation has also recently reached
out to widows in Lagos and Edo states, confirming earlier reports about
how he assisted 20 widows with the donation of food items and mattresses
“We
considered widows among those that are vulnerable in society, and given
the harsh economic reality of Nigeria, they are accorded high priority
in all our programmes.
“All
the same, Oil Money Foundation attends to the needy generally in the
society, irrespective of gender, religion or ethnicity.”
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