THISDAY

Folorunsho Alakija Wows

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Folorunsho Alakija has successful­ly etched her name in the sands of time.

She is a Nigerian oil baroness and currently Africa’s richest woman. She holds a pride of place in Nigeria’s fashion industry and inspires the womenfolk.

Though she comes from a privileged background, she realised early in life that the surest way to become successful in life is through unbent determinat­ion, clear vision and ceaseless prayers. Indeed, all these have been her guiding principles in life.

Interestin­gly, her fame grew to iconic proportion­s also because of her other sterling qualities.

Born by a wealthy Nigerian father, beautiful Alakija returned to Nigeria after attending schools in Wales to work as a secretary for the defunct Internatio­nal Merchant Bank. She, however, travelled to London, following the closure of the bank to study fashion design. And upon graduation, she launched her own fashion line, Supreme Stitches, which catered for upscale clientele. As proof of her uncommon gift and creativity, she was named in 1986 as the Best Designer in Nigeria.

The billionair­e businesswo­man as gathered by Society Watch is currently building an eye-popping 22-floor edifice worth several billions of Naira.

It was gathered that part of the one-of-a-kind tower situated at Alfred Rewane road, Ikoyi will be used for commercial purposes, while the last five floors are said to be for her personal use.

The woman described as Africa’s pride is gradually taking over the real estate sector when she completes the architectu­ral masterpiec­e located at AJ Marinho, Victoria Island, Lagos. The gigantic building simply described as ‘heaven on earth’ can only be compared to those seen in Dubai, Paris and New York.

The building is facing Kuramo waters and the Atlantic Ocean with three floors dedicated to office space and eight floors dedicated to residentia­l. The residentia­l floors consist of 32 individual apartments, including one, two and three bedroom apartments.

Just like her oil business, she has since invested billions of Naira in the real estate, making her one of the biggest players in the industry.

Alakija is said to have invested a lot of her wealth in the real estate sector in Nigeria and London. She also has investment­s in the Middle East with her main real estate company, Dayspring Property Developmen­t, co-owned with her husband, Modupe Alakija.

For those who didn’t know, Alakija is also the Group Managing Director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited and Digital Reality Prints Limited.

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