News has it that gifted British-Nigerian artist Moelogo receives huge funding, the sum of 250,000 pounds from British Phonographic Industry (BPI), a trade body which represents UK recording labels.
Apart from Moelogo, BPI awarded 21 UK indie artistes prize money to further their music career.
Moelogo who came through in 2016 with the release of an EP titled “Ireti” to critical acclaim. He took to Instagram to say;
“Woke up to this. Look at God. Ireti came through. Shine your light. Grateful. Thank you BPI.”
BPI organises the BRIT Awards show, the Hyundai Mercury Prize for Album of the Year and the Classic BRIT Awards show and champions the interests of its membership which includes more than 300 independent music companies and the UK’s major record companies – Universal Music, Sony Music, and Warner Music.
BPI’s members account for 85% of all music sold in the UK and the charitable arm has donated almost £20 million to charitable causes nationwide since its foundation in 1989.
Written by Clement Oluwasegun