A Nigerian billionaire oil tycoon & current world's richest black woman, 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 milesSouth 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.
http://naijaxclusive.com/xclusive-how-i-surpassed-oprah-winfrey-and-made-my-billions-worlds-richest-black-woman-speaks-mrs-folorunsho-alakija/

Blah blah blah.......We know it's the 'Nigeria Styled' ill-gotten wealth just like Dangothief.

Ok. We've heard.

If she is got no expertise in oil explorations,then how did she get the license?Imanmadu abi?by selling clothes to top military rogues wives,i.e, obj's,danjuma's wives.We know what constitutes rich people in nigeria most times,which getting lion share of nigeria free for all resources,being connected to the thieving nigerian ruling elite.

Oprah worked hard for her wealth,she created her empire from the scratch,from nothing and from the very low ebb of the society.

What will she do with the billions all those billions we become noting if she cant be able to alleviate the poverty of her nation which is nigeria..

redsun: If she is got no expertise in oil explorations,then how did she get the license?Imanmadu abi?by selling clothes to top military rogues wives,i.e, obj's,danjuma's wives.We know what constitutes rich people in nigeria most times,which getting lion share of nigeria free for all resources,being connected to the thieving nigerian ruling elite.

Oprah worked hard for her wealth,she created her empire from the scratch,from nothing and from the very low ebb of the society.

ok then, do the same. bad belle

Disappointing
I was expecting something like, how to sleep with military big wigs to ur millions

no knowledge of the biz, no exprience, just dumped her fashion biz for oil.
entry cost, and exploration cost only

Na them them

I have PUTTED my application in to explore warri environs.

waiting Patiently for For Jona's call.

'I f**ked the right people at the right time'...alakija. **message successfully decoded**

[quote author=]
ok then, do the same. bad belle
[/quote]

If Everybody continues like that,creatures like you will soon be extinct.Creatures without formations and rational precedences.

And creatures that glows in backwardness.

OCHULORC: 'I f**ked the right people at the right time'...alakija. **message successfully decoded**

Nonsense, don't start with this type of attidude, you will never get anywhere.

Aigbofa: Nonsense, don't start with this type of attidude, you will never get anywhere.

it is you who will never get any where. slowpoke.

blink182: it is you who will never get any where. slowpoke.

Olodo, keep fvcking on and hope to get an oil licence. Oponu.

A special Congratulations to All Nigerians who made their money from Raw Hard work and barin power and not from Oil and Government Patronage .
More Especially the Ibrus, Jim Ovia, Hakeem Bello Osagie

Madam Alakija say the truth na, you only got that license cos you were Miriam's lesb!@n lover.

Did she really make the above quote on how how she surpassed Oprah financially or are the journalist putting words into her mouth? Either way, it's just petty. I cant see how Oprah would be bothered that a black woman's wealth has exceeded hers.

We know Nigerians who are really working hard for their money and then we also know all those government patronage and oil thiefs!..i guess this is why Niger delta will always boil,oil found in a particular region and shared amoung thieves from other distant regions,richest this,richest that...blah blah blah!!!