Most music record labels in Nigeria are founded by Yahoo boys – Dbanj

Award winning artiste, Banji Oladapo a.k.a Dbanj on Wednesday took a swipe at music record label owners in Nigeria.

The Kokomaster who was one of the panelist discussing the topic, ‘Changing The Game: Artistes As Leaders’ at the 2018 Social Media Week Lagos, said most of the new generation record labels in Nigeria are founded by ‘Yahoo boys’.

He also said most record label owners in the country know nothing about the music business.

His words: “Most of the new generation record labels are founded by Yahoo boys. You must understand first, why are you coming into music.

“Nigerian artistes need a lot of capacity building. It is only in Nigeria that the owner of a record label doesn’t know anything about music.”

The Oliver Twist singer however encouraged young and upcoming artistes to work on building their brand, stressing that being a brand is not a day’s job it is a daily and deliberate effort that involves evolving.

About his foray into music, he said: “Just like any product, you must always evolve. The fear of being poor made me think outside the box. This is one of the factors that drove me into music,” he said.

He called on business owners and investors to promote Nigerian music through collaborations and partnership.

Dbanj, formerly of Don Jazzy’s Mo’Hits and later Kanye West’s Good Music, is the owner of DB records.