Kariboye-Igbo: Better Life for Nigerian Families, Motivation Behind My Philanthropic Activities

Although British business magnate, Alafaa Kariboye-Igbo, better known by his Instagram handle, Oilmoney, is involved in many business ventures, it is his acts of charity that have come to define his personality in the past two years.

Oilmoney, a real estate guru, auto sale investor, oil and gas entrepreneur, is multifaceted and is frequently mentioned in the media in connection with his record label, oil business or real estate, but reports of his philanthropy overshadow everything else about him in the past few months.

Prompted to validate the growing reports about his philanthropy, Oilmoney, 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

Said he: “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.”
Continuing, Oilmoney further clarified: “All the same, Oil Money Foundation attends to the needy generally in the society, irrespective of gender, religion or ethnicity.”