Mrs. Folorunsho Alakija, the richest African woman is eyeing the
Governorship seat of Lagos State, western Nigeria to replace Governor
Babatunde Fashola in 2015.
Posters of Alakija are already on the streets. 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.
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.
PM NEWS LAGOS
– 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.
—Kazeem Ugbodaga
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