Africa's richest woman, Alakija achieved her dreams without a degree

Nigerian business tycoon, Folorunsho Alakija, says going to the university was not her destiny as she was able to achieve her dreams without a degree.
Alakija, one of the richest black women in the world, said this on Thursday at the Excellence in Leadership program, an annual event organised by Daystar Christian Centre, Ikeja, Lagos.

The founder of Rose of Sharon motivated the audience by saying that she never allowed a lack of university education to suppress her dreams and ambition.

“If I had the opportunity of going to the university, maybe I would have come out with a second class upper or lower but that didn’t happen; that wasn’t to be my destiny,” she said. 
I would have loved to go to the university as we all know that university education is good but some of us who have not gone, it is not the end of the world."

Alakija said she was able to attain her present position because she was determined and ready to pay the price that came with all the challenges she’s had to surmount.

“Having put my foot in the door, I decided I was not going to turn back”, she noted, revealing that when she had to file a lawsuit against the federal government for taking 50 out of her 60 percent equity, she remained determined.

The case which took 12 years to reach a conclusion was a matter of determination, she said.

Alakija said she her person has been subjected to series of misconceptions due to the ignorance of people who don’t know her story.

The oil magnate noted that she is a product of hard work, sweat, tears, and tenacity, stressing that she’s not an overnight success.
“A lot of things have been said about me, some say I sold my way to the top; I remember that the headline of one of the national dailies in the country once said ‘Hairdresser given an oil block’. So I even became a hairdresser, one of the many names I was given.”
She encouraged participants at the conference to believe in themselves as it would be easier for others to believe in such people; she added that she believed in herself while moving from fashion designing to an unfamiliar terrain.


  1. It's important we get a degree sha

  2. Until Afriacans realise dat education goes beyond d 4 walls of university & possesion of certificate(s),d youths in this part of world won't be able to realise full potentials. Aliko Dangote,Folorunsho Alakija & many others are living testimonies to this fact. University degree is benefitial don't get me wrong, but think beyond using ur certificate to gain employment, rather become an employer, this is only way for u not 2 be fired!

  3. Congratulations! Education is good, as she has outlined there, but because she didn't attended (university) doesn't mean others that want to be their own boss shouldn't(and I know she didn't discourage others that want to)... No matter what one wants to do if you have access to education please go for it.

  4. I know of a lady who stopped school after secondary education and now she is doing very very well as a fashion designer

  5. The main thing is for you to follow your dream.


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