Thursday, 9 January 2014

NEWS: African Richest Woman Folorunsho Alakija’s Governorship Poster In Lagos (See Pics)

At first I thought it was a joke, when I saw posters of the most Richest Woman in Africa some where on the Island, Bookshop to be precise, well The
posters have equally flooded the Lagos State
Government Secretariat, Alausa inviting people to
support her ambition for the governorship seat.
The caption on the posters read: "2015: Vote
Folorunsho Alakija for Governor." The posters did not
specify the party Alakija will be contesting.
It could also not be ascertained if the posters
emanated from her as efforts to get her to comment on
issue proved abortive at press time.

•Alakija's campaign posters
Calls made to her phone was picked by a white man
who said she was in a meeting and that she would call
back after the meeting, but she never did.
Alakija is seen by many as a woman of impeccable
character and one that could provide the needed
leadership to move Lagos forward, but with the
dominant All Progressives Congress, APC, in power in
Lagos, it is doubtful if she can achieve her aspiration
outside the party.
In 2013, Forbes named Alakija as the richest black
woman on earth as she defeated the television show-
host and actress, Oprah Winfrey. By November, 2013,
Forbes put her net worth at $2.5 billion. But by January
2014 her net worth had skyrocketed to $7.3 billion
courtesy Mail of UK, beating Oprah Winfrey whose net
worth is now $2.9 billion to the second place.
She worked as a secretary in a Nigerian Merchant
bank in the 1970s and later left to study fashion design
in England. She subsequently founded Supreme
Stitches, a Nigerian fashion label that catered for
upscale clientele, including the late Maryam
Babangida, wife of Nigeria's former military Head of
State, General Ibrahim Babangida.
It was during the reign of Babangida that her company
Famfa Oil got an oil prospecting license which went on
to become OML 127, one of Nigeria's
most prolific oil blocks. Famfa Oil owned a 60% stake
in the block until 2000, when then President Olusegun
Obasanjo acquired a 50% interest in the block. Famfa
Oil went to court to challenge the acquisition, and the
Nigerian Supreme Court reinstated the 50% stake to
Famfa Oil in May 2012.
Her 60 per cent stake in the block is currently valued at
around $7.3 billion, Ventures Africa reported.
Alakija was born on 15 July, 1951. She originates from
a large family: her dad had eight wives and 52 children
in his lifetime and she was the second surviving child,
her mom was the first wife.
She and her younger sister were sent to school abroad
when she was seven years old. They went to a school
in Wales, a private school for girls in Northern Wales,
and they were the only coloured (black) girls in the
school. And because their fellow mates couldn't
pronounce their names, they coined them names-Flo
for Folorunsho and Doyle for Doyin. They were in the
school for four years, and at age 11 she and Doyle
moved back to Nigeria at the request of their parents
who didn't want them to lose their African values,
culture and tradition.
Alakija got married in 1976 to her loving husband and
between them they have four kids, all boys. All of them
schooled abroad and are all engaged one way or the
other in the family business.
Folorunsho's mom used to be a fabric merchant and
she used to help out, and through that she learnt a lot.
After leaving the corporate world in the early 80s
(1984), she went to the UK to study fashion designing.
She came back to Nigeria in 1985 a year after her
training and started her fashion house-Supreme
Stitches at a 3-bedroom apartment in Surulere, Lagos,
and a year after establishing the company, she
emerged as the best designer in the country in 1986.


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