Folorun­sho Alak­ija Wows


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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