₦airaland Forum

Folorunsho Alakija did not study Geology.

​She started as a Secretary. Then she became a Fashion Designer.

Yet, she beat the global oil giants at their own game.

​Most people think she just "got lucky" with an oil license.

But the truth is, she used a strategy called The "Rejected Stone" Advantage.

​Here is what happened:
​
In the 90s, she applied for an oil license.

The powers that be gave her OPL 216.

​They didn't give her this block because they liked her.

They gave it to her because nobody else wanted it.

It was "Deep Offshore" (Deep Water).

At that time, the technology to drill that deep was expensive and risky.

The big companies (Shell, Mobil) wanted the easy, shallow water.

​They thought they gave her a "useless" paper.

She saw a "Golden Ticket."

She knew she didn't have the billions to drill.

But she had the Rights.

She approached Texaco (now Chevron).

She told them: "I have the access. You have the technology. Let's work."

​She didn't try to dig with her hands. She used her "Paper" as equity to attract a giant.

This is the most important lesson.

When they finally struck oil (the massive Agbami Field), the Government was shocked at the volume.

They got jealous.

The Government tried to use a decree to forcefully take back 50% of her stake.

​Most people would have bowed to the Federal Government out of fear.

Alakija sued them.

​She fought the Federal Government in court for 12 years.

She refused to settle. She refused to be bullied.

Eventually, the Supreme Court ruled in her favor, restoring her full stake.

​Why am I telling you this?

​Don't despise the "Hard" road:

Just because an opportunity looks difficult (Deep Water) doesn't mean it's bad.

That is often where the biggest treasure is hidden.

​Defend your Value: In business, creating wealth is one thing.

Keeping it is the real war.

You must have the audacity to fight for what is yours, even if you are fighting a Giant.

​She went from sewing clothes to owning one of the most prolific oil blocks in Africa.

Not by luck. But by Grit.

​Nairalanders! I hope you learnt something today.

This is exactly the case of the stone that the builders reject/refuse/disregard/underrate...later becoming the cornerstone. She is not just a lucky woman, she is truly a powerful woman...product of grace.

I heard that she is blind now. Her last public outing was IBB's book launch. She couldn't even go out for public presentation during the event. She is obviously a very strong woman. Daughter of Ogbara in Ikorodu.

A bold, focused and strong woman indeed.

heavenhills:
I heard that she is blind now. Her last public outing was IBB's book launch. She couldn't even go out for public presentation during the event. She is obviously a very strong woman. Daughter of Ogbara in Ikorodu.

She was in Oshogbo recently at the commissioning of the hospital she built for the Osun State University medical school. God bless her more.

heavenhills:
I heard that she is blind now. Her last public outing was IBB's book launch. She couldn't even go out for public presentation during the event. She is obviously a very strong woman. Daughter of Ogbara in Ikorodu.

Yes I saw an aide holding her as they walked. The funny think is you hardly see them giving life changing charity to the less fortunate.

God shall keep prospering this woman of valour. Despite her financial strength, she is known for her humility, generosity, submission to her husband, and above all, fear of God.

OverCalculating:
Folorunsho Alakija did not study Geology.

​She started as a Secretary. Then she became a Fashion Designer.

Yet, she beat the global oil giants at their own game.

​Most people think she just "got lucky" with an oil license.

But the truth is, she used a strategy called The "Rejected Stone" Advantage.

​Here is what happened:
​
In the 90s, she applied for an oil license.

The powers that be gave her OPL 216.

​They didn't give her this block because they liked her.

They gave it to her because nobody else wanted it.

It was "Deep Offshore" (Deep Water).

At that time, the technology to drill that deep was expensive and risky.

The big companies (Shell, Mobil) wanted the easy, shallow water.

​They thought they gave her a "useless" paper.

She saw a "Golden Ticket."

She knew she didn't have the billions to drill.

But she had the Rights.

She approached Texaco (now Chevron).

She told them: "I have the access. You have the technology. Let's work."

​She didn't try to dig with her hands. She used her "Paper" as equity to attract a giant.

This is the most important lesson.

When they finally struck oil (the massive Agbami Field), the Government was shocked at the volume.

They got jealous.

The Government tried to use a decree to forcefully take back 50% of her stake.

​Most people would have bowed to the Federal Government out of fear.

Alakija sued them.

​She fought the Federal Government in court for 12 years.

She refused to settle. She refused to be bullied.

Eventually, the Supreme Court ruled in her favor, restoring her full stake.

​Why am I telling you this?

​Don't despise the "Hard" road:

Just because an opportunity looks difficult (Deep Water) doesn't mean it's bad.

That is often where the biggest treasure is hidden.

​Defend your Value: In business, creating wealth is one thing.

Keeping it is the real war.

You must have the audacity to fight for what is yours, even if you are fighting a Giant.

​She went from sewing clothes to owning one of the most prolific oil blocks in Africa.

Not by luck. But by Grit.

​Nairalanders! I hope you learnt something today.

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Supreme Stitches... na Maryam Babangida tailor she be oo

She's smart and courageous. I salute her doggedness. Every investor and businessman should take a cue from her resilience in this current economic climate.

Would she have won the case over the current government in the present-day Supreme Court?

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Tinubu wife go de jealous this woman die ...for decades

Correct me, MRS bought over texaco. Texaco was never chevron.

heavenhills:
I heard that she is blind now. Her last public outing was IBB's book launch. She couldn't even go out for public presentation during the event. She is obviously a very strong woman. Daughter of Ogbara in Ikorodu.

Yes she's officially blind and fully committed to God's work

So after all these she decided to start bleaching and ended up blind.

Who the hell was she bleaching her skin for?

Blessed woman..

She don really try for the game..

This life, just make sure you continue to prepare for death by living a legal and God focused life. Everything will definitely come to an end and anything can happen to anyone. No one is promised tomorrow.

OverCalculating:
Folorunsho Alakija did not study Geology.

​She started as a Secretary. Then she became a Fashion Designer.

Yet, she beat the global oil giants at their own game.

​Most people think she just "got lucky" with an oil license.

But the truth is, she used a strategy called The "Rejected Stone" Advantage.

​Here is what happened:
​
In the 90s, she applied for an oil license.

The powers that be gave her OPL 216.

​They didn't give her this block because they liked her.

They gave it to her because nobody else wanted it.

It was "Deep Offshore" (Deep Water).

At that time, the technology to drill that deep was expensive and risky.

The big companies (Shell, Mobil) wanted the easy, shallow water.

​They thought they gave her a "useless" paper.

She saw a "Golden Ticket."

She knew she didn't have the billions to drill.

But she had the Rights.

She approached Texaco (now Chevron).

She told them: "I have the access. You have the technology. Let's work."

​She didn't try to dig with her hands. She used her "Paper" as equity to attract a giant.

This is the most important lesson.

When they finally struck oil (the massive Agbami Field), the Government was shocked at the volume.

They got jealous.

The Government tried to use a decree to forcefully take back 50% of her stake.

​Most people would have bowed to the Federal Government out of fear.

Alakija sued them.

​She fought the Federal Government in court for 12 years.

She refused to settle. She refused to be bullied.

Eventually, the Supreme Court ruled in her favor, restoring her full stake.

​Why am I telling you this?

​Don't despise the "Hard" road:

Just because an opportunity looks difficult (Deep Water) doesn't mean it's bad.

That is often where the biggest treasure is hidden.

​Defend your Value: In business, creating wealth is one thing.

Keeping it is the real war.

You must have the audacity to fight for what is yours, even if you are fighting a Giant.

​She went from sewing clothes to owning one of the most prolific oil blocks in Africa.

Not by luck. But by Grit.

​Nairalanders! I hope you learnt something today.

Pastor Chris of Love World Ministries calls it the Audacity of Faith.

OverCalculating:
Folorunsho Alakija did not study Geology.

​She started as a Secretary. Then she became a Fashion Designer.

Yet, she beat the global oil giants at their own game.

​Most people think she just "got lucky" with an oil license.

But the truth is, she used a strategy called The "Rejected Stone" Advantage.

​Here is what happened:
​
In the 90s, she applied for an oil license.

The powers that be gave her OPL 216.

​They didn't give her this block because they liked her.

They gave it to her because nobody else wanted it.

It was "Deep Offshore" (Deep Water).

At that time, the technology to drill that deep was expensive and risky.

The big companies (Shell, Mobil) wanted the easy, shallow water.

​They thought they gave her a "useless" paper.

She saw a "Golden Ticket."

She knew she didn't have the billions to drill.

But she had the Rights.

She approached Texaco (now Chevron).

She told them: "I have the access. You have the technology. Let's work."

​She didn't try to dig with her hands. She used her "Paper" as equity to attract a giant.

This is the most important lesson.

When they finally struck oil (the massive Agbami Field), the Government was shocked at the volume.

They got jealous.

The Government tried to use a decree to forcefully take back 50% of her stake.

​Most people would have bowed to the Federal Government out of fear.

Alakija sued them.

​She fought the Federal Government in court for 12 years.

She refused to settle. She refused to be bullied.

Eventually, the Supreme Court ruled in her favor, restoring her full stake.

​Why am I telling you this?

​Don't despise the "Hard" road:

Just because an opportunity looks difficult (Deep Water) doesn't mean it's bad.

That is often where the biggest treasure is hidden.

​Defend your Value: In business, creating wealth is one thing.

Keeping it is the real war.

You must have the audacity to fight for what is yours, even if you are fighting a Giant.

​She went from sewing clothes to owning one of the most prolific oil blocks in Africa.

Not by luck. But by Grit.

​Nairalanders! I hope you learnt something today.

Nothing inspiring here.


You should have explained the magic she did as a fashion designer to be in a position to apply and receive an oil license.

I love her commitment and devotion.

Lol, how much was the pay?
Depressing!

Omotaday:
Nothing inspiring here.


You should have explained the magic she did as a fashion designer to be in a position to apply and receive an oil license.

She saw an opportunity, took it, and stood by it till it becomes success, but this blindness thing I am reading is not so comforting.

She’s lucky she won under a different regime… I’m sure Tinubu would’ve used Omotosho to take that away and she will be sued for thinking that she knows the law

In omotosho’s Supreme Court, if you are given life sentence, just know you got fair trial…

Iya niyen... obinrin bi okunrin ..

She's blind ke...oju ti owo chai

Stevosty:
She saw an opportunity, took it, and stood by it till it becomes success, but this blindness thing I am reading is not so comforting.

Dobt mind that F.....l ,he shoukd show us his success na
.

Omotaday:
Nothing inspiring here.


You should have explained the magic she did as a fashion designer to be in a position to apply and receive an oil license.

If its easy , go and do it and let's see...

Stay and be waiting wasting your wretched life away.

OneCandleAway:
Yes I saw an aide holding her as they walked. The funny think is you hardly see them giving life changing charity to the less fortunate.

OneCandleAway:
Yes I saw an aide holding her as they walked. The funny think is you hardly see them giving life changing charity to the less fortunate.

How are you sure. These billionaires don't blow everything they're doing on the social media.

This tailor who was IBB's . . . .