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Who is Folorunsho Alakija?
Folorunsho Alakija (born 15 July, 1951) is a Nigerian billionaire businesswoman and philanthropist. She is involved in the fashion, oil, real estate and printing industries.
What does Mrs Alakija do for work?
Mrs. Alakija is involved in many business endeavours; she is the Vice Chairman of FAMFA Oil Limited, her family’s oil exploration and production business, seeing to its strategic planning and day to day administration, including Dayspring Property Development Company Limited- a real estate company with investments in different parts of the world.
Who is Famfa Oil boss Folorunsho Alakija?
Folorunsho Alakija is vice chair of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset. Famfa Oil’s partners include Chevron and Petrobras. Alakija’s first company was a fashion label whose customers included the wife of former Nigerian president Ibrahim Babangida.
What is Alakija doing to help widows and orphans?
Alakija established the Rose of Sharon Foundation that helps widows and orphans through scholarships and business grants. Alakija has donated a skills acquisition center to Yaba College of Technology (Yabatech), a higher educational institution located in Lagos.
Where did Folorunsho go to school?
On the completion of her primary education, Folorunsho attended “Muslim High School” in Sagamu, Ogun State, Nigeria. She then returned to England for her secretarial studies at Pitman’s Central College, London.
When did Folorunsho Alakija get the oil prospecting license?
In May 1993, Folorunsho Alakija 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.