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I start a column today #Woman/Man On Top this will come up on Mondays. It’s sole aim is to motivate my readers, as a new week unfolds you have the opportunity to make it right, and its said that if you start Monday well you get the week right. Inspiration is the act of drawing up a chair to the writing desk. We all have aspirations and great heights we hope to attain that’s why I want you to read how this people made it to the zenith despite difficulties.
She’s a Nigerian billionaire oil tycoon, Fashion designer and philanthropist who is worth at least $3.3 billion, 61-year-old Folorunsho Alakija, was born into a wealthy, polygamous Nigerian family. In the early 80s, Alakija quit her job and went on to study Fashion design in England, returning to Nigeria shortly afterwards to start Supreme Stitches, a premium Nigerian fashion label, selling high-end Nigerian clothing to fashionable wives of military bigwigs and society women. Oil Prospecting License
In May 1993 Alakija applied for an 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. The block is located approximately 220 miles South East of Lagos and 70 miles offshore Nigeria in the central Niger Delta.
Alakija was intelligent! She had no expertise or experience in running an oil field, but she decided not to sell off her license. In September 1996, she entered into a joint venture agreement with Star Deep Water Petroleum Limited (a wholly-owned subsidiary of Texaco) and appointed the company as a technical adviser for the exploration of the license, transferring 40 percent of her 100 percent stake to Star Deep.
1. She was from a wealthy home but managed her resource wisely. There are people born with silver spoon in their mouths living in abject poverty today because of the path they chose to follow.
2. She saw the importance of education.
3. She was from a polygamous family, where kids are faced with difficulties and unhealthy competition especially in an African society, but all this did not deter her moral to keep working.