When they say what a man can do , a woman can do better. Such is the story of a great woman who has dared what others ran away from. A woman whose story is that of courage , determination, focus, charisma and resilience. When it comes to setting a pace, she is right on that path, when it comes to taking a giant stride to cause a major change in her country , she is at the fore front. She is Folorunsho Alakija. A woman who.has proven to be a woman of integrity, crystal virtues and character. A mother to not just her biological children but also to many who don’t have the ability to care for themselves.She is without doubt a strong woman who has the courage to set a change in her generation and beyond.
Folorunsho was born in 1951 to the family of Chief L. A. Ogbara in Ikorodu, Lagos State. At age seven, she travelled to the United Kingdom to begin a four-year primary education at Dinorben School for Girls in Hafodunos Hall in Llangernyw, Wales. After returning to Nigeria, she attended Muslim High School Sagamu Ogun State, Nigeria. Afterwards, she returned abroad for her secretarial studies at Pitman’s Central College, London. She also studied fashion design at the American College, London and the Central School of Fashion.
Folorunsho’s journey into the career world started in 1974 as an executive secretary at Sijuade Enterprises, Lagos, Nigeria. She moved on to the former First National Bank of Chicago, now FinBank now acquired by FCMB (First City Monument Bank) where she worked for some years before establishing a tailoring company called Supreme Stitches. It rose to prominence and fame within a few years, and as Rose of Sharon House of Fashion, became a household name. As national president and lifelong trustee of the Fashion Designers Association of Nigeria (FADAN), she left an indelible mark, promoting Nigerian culture through fashion and style.
In May 1993, Folorunsho applied for the allocation of an oil prospecting license (OPL). The license to explore for oil on a 617,000-acre block—now referred to as OPL 216—was granted to Alakija’s company, Famfa Limited. The block is located approximately 220 miles south east of Lagos and 70 miles offshore of Nigeria in the Agbami Field of the central Niger Delta. In September 1996, she entered into a joint venture agreement with Star Deep Water Petroleum Limited (a wholly owned subsidiary of Texaco) and appointed the company as a technical adviser for the exploration of the license, transferring 40 percent of her 100 percent stake to Star Deep. Subsequently, Star Deep sold off 8 percent of its stake in OPL 216 to Petrobras, a Brazilian company. On 9th March, 2016 she became the first female Chancellor (Osun State University) in Nigeria.
Like we said earlier , she is not just a mother to her biological children but also to other individuals who are in one way or the other incapacitated. Her love for other engendered her towards establishing a foundation called the Rose of Sharon Foundation that helps widows and orphans by empowering them through scholarships and business grants.Her company is also a major sponsor of the Agbami medical and engineering scholarship scheme, one of the most reliable scholarship scheme in Nigeria with over a thousand people yearly as beneficiaries. Mrs Alakija is a fervent supporter of education in Nigeria; for example in 2014 she donated a substantial amount of money to Ibrahim Badamasi Babangida University Lapai, the Niger State University. The money was used to complete the construction of a 350 Seat Lecture Theater, which was named after her.
On 1 July 2013, the federal government of Nigeria inaugurated the National Heritage Council and Endowment for the Arts and appointed Alakija as vice-chairman of the body. While inaugurating the council, Nigeria’s Minister of Tourism, Culture and National Orientation, Edem Duke, said Nigeria had identified 100 new heritage sites, which “are unique and uncommon assets that we intend to preserve and promote.” He charged the council, which is headed by Igho Sanomi, to “ensure the protection and conservation of places and objects of heritage significance and the registration of such places and objects.”
As of 2014, she is listed as the 96th most powerful woman in the world by Forbes. In May 2015 two Nigerian women, Finance Minister Ngozi Okonjo-Iweala and Alakija were listed among the world’s 100 most powerful women according to Forbes. Alakija was 87th on the list. She serves as the Chief Matron of Africa’s Young Entrepreneurs.
Folorunso Alakija is a woman legend whose story has encouraged others to put on courage, excellence and hardwork as a part of them in all their endeavours. Her lifestyle and achievement has inspired others that whatever vision they have if duly followed can be achieved without any doubt. She exhibits values such as credibility, hardwork, integrity, creativity ,excellence and diligence. She has without doubt proven herself to be highly resourceful , intelligent.
The Nigerian Woman Diary Celebrates Folorunsho Alakija for making the world see that great people can come out of Nigeria and not just do their country proud but can also extend their influence to other parts of the world. She is indeed a legend and an Inspiration to many Nigerians. We commend her for her excellence , diligence and her immeasurable contribution not just to the Nigerian Business World but to Nigeria as a whole.