Flights
Sources exposed to SaharaReporters that the 73-year-old creator and Executive Vice Chairman of Famfa Oil started experiencing health problems after a near air incident. She was taking a trip with her hubby, Modupe Alakija, Chairman of Famfa Oil, when the event triggered a spike in her high blood pressure.
Nigerian billionaire Folorunso Alakija has actually lost her sight, according to medical sources associated with her care.
Sources exposed to SaharaReporters that the 73-year-old creator and Executive Vice Chairman of Famfa Oil started experiencing health problems after a near air incident. She was taking a trip with her hubby, Modupe Alakija, Chairman of Famfa Oil, when the occurrence triggered a spike in her high blood pressure.
The stressful occasion is stated to have actually impacted her vision.
Following the occurrence, Alakija supposedly purchased a brand-new jet to prevent taking a trip on the very same flight as her partner. Her vision continued to weaken till she eventually lost her sight totally.
“She had a near air incident with her partner on board and her high blood pressure supposedly soared impacting her eyes,” among the sources stated.
“She has actually been having vision problems however rather of dealing with the health problem, she selected to begin a church to assist her.
“Now she can’t see.”
Folorunso Alakija is a Nigerian billionaire businesswoman and benefactor who started hosting a little fellowship in her home around 2004, which ultimately turned into the Rose of Sharon Glorious Ministry International. On her 69th birthday, she was ordained as an Apostle.
She is the creator of Famfa Oil, a Nigerian business with a substantial stake in OML 127, an extremely successful oil block situated on the Agbami deep water oilfield in Nigeria.
According to Forbes, her net worth was approximated at $1 billion since 2020. In 2015, she was ranked as the 87th most effective lady on the planet by Forbes and was among just 2 African ladies on Forbes’ list of the wealthiest individuals in Africa.
Alakija pursued secretarial research studies at Pitman Central College in London in the 1970s. She started her profession as an executive secretary at Sijuade Enterprises in Lagos in 1974.
Her wealth is shown not just in her service endeavors however likewise in her taste for high-end.
Among the airplane connected to her is a Bombardier Global Express XRS (design BD-700-1A10) with identification number 9416, signed up to Wings of Grace Limited on November 25, 2011. This jet has the tail number VP-CEO.
Flight records reveal that it left from the Murtala Muhammed International Airport in Lagos on February 26 for a concealed area.
She likewise owns a Bombardier Global Express 6000 personal jet understood for its long-range abilities and glamorous facilities. It uses a variety of as much as 6,000 nautical miles with a travelling speed of Mach 0.89.
The jet’s cabin is created for optimum convenience, including innovative home entertainment systems, totally geared up work spaces, and premium seating. This airplane is signed up under the tail number VP-CTO.
Records acquired by SaharaReporters reveal that it left Lagos at 11:34 WAT on February 24 and showed up in London, UK at 4:18 GMT on February 25.
Folorunso Alakija is associated with a number of business, consisting of Famfa Oil Limited, Rose of Sharon Group and Dayspring Property Development Company Limited.
Connection To Babangida
Alakija’s very first business was a style label whose consumers consisted of the spouse of previous totalitarian Ibrahim Babangida.
The Nigerian federal government granted Alakija’s business an oil prospecting licence in 1993, which was later on transformed to an oil mining lease.
The Agbami field has actually been running because 2008.
Folorunso Alakija’s journey to obtaining an oil block is carefully connected to her connection with Maryam Babangida, the late spouse of the previous totalitarian.
In the late 1980s, Folorunso Alakija was an effective designer, running a high-end style label, Supreme Stitches, which dealt with Nigeria’s elite, consisting of Maryam Babangida.
Through her fashion industry, Alakija established a close relationship with Maryam, who was prominent as Nigeria’s First Lady at the time.
In 1993, Folorunso Alakija requested an oil prospecting licence. At that time, Nigeria’s military federal government was approving oil obstructs to native business to motivate regional involvement in the petroleum market.
She was granted an Oil Prospecting Licence (OPL) by General Babangida’s routine.
It is commonly thought that her close relationship with Maryam Babangida played a substantial function in protecting the license.
The oil block was thought about high-risk and of low worth. After partnering with Texaco (now Chevron) for expedition, it was found to consist of substantial reserves, changing it into one of Nigeria’s the majority of profitable oil blocks.
This discovery dramatically increased her wealth, making her among the wealthiest ladies in Africa.
The Nigerian federal government tried to recover the oil block in 2000, however Alakija combated a legal fight to keep her stake. In 2008, the Nigerian Supreme Court ruled in her favour, restoring her 60% share in the block.
Her connection with the Babangida household played an essential function in her journey from a style business owner to a billionaire oil tycoon.
IBB Book Launch
On February 20, 2025, Alakija participated in the launch of Babangida’s book, A Journey in Service, held at the Transcorp Hilton Hotel in Abuja. The occasion likewise worked as a fundraising event for the IBB Presidential Library. While Alakija made a contribution, she picked not to openly reveal the quantity.
The occasion was beautified by many dignitaries, consisting of President Bola Tinubu, previous Nigerian leaders Olusegun Obasanjo, Goodluck Jonathan, Yakubu Gowon, and Abdulsalami Abubakar, along with previous Vice Presidents Atiku Abubakar, Namadi Sambo, and Yemi Osinbajo. Noteworthy company figures such as Aliko Dangote and Abdulsamad Rabiu likewise went to, with Dangote vowing N8 billion, which might increase by an additional N2 billion every year if the task extended beyond 4 years and Rabiu contributing N5 billion towards the library task.
There have actually been reports recommending that Alakija and her hubby, Modupe Alakija, have actually separated after over 30 years of marital relationship. These reports, which emerged around March 2024, show that the couple has actually been living apart due to individual distinctions.
There has actually been no main verification from the Alakija household concerning their marital status.
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