Folorunso Alakija, a prominent Nigerian billionaire, has lost her sight due to health complications following a near-air mishap that increased her blood pressure. The 73-year-old founder of Famfa Oil is known for her connections with former Nigerian leadership and her philanthropic endeavors. Despite her wealth and influence, she faces personal challenges amid reports of marital separation from her husband, Modupe Alakija.
Nigerian billionaire Folorunso Alakija has faced a significant health setback, reportedly losing her sight after a close call during a flight with her husband, Modupe Alakija, Chairman of Famfa Oil. Following the near air mishap, her blood pressure spiked, affecting her vision. Despite attempts to address her health needs, her condition worsened, ultimately leading to complete vision loss.
Alakija, 73, is known as the founder and Executive Vice Chairman of Famfa Oil. After the incident, she ordered a new private jet to avoid future flights aboard with her husband. Unfortunately, her decision came too late to prevent the loss of her eyesight.
In addition to her business ventures, Alakija founded the Rose of Sharon Glorious Ministry International and was ordained as an Apostle at the age of 69. Her company, Famfa Oil, has significant stakes in one of Nigeria’s most lucrative oil blocks, OML 127, located on the Agbami deep water oilfield.
With a net worth of approximately $1 billion as of 2020, Alakija was listed as the 87th most powerful woman globally by Forbes in 2015. Starting her career as an executive secretary, she later ventured into fashion design before entering the oil industry.
Her wealth is also reflected in her luxurious assets, including multiple private jets designed for comfort and long-range travel capabilities. Alakija’s Bombardier Global Express jets are recognized for their advanced entertainment systems and spacious interiors.
Her rise in the oil sector is closely tied to her historical connections with former Nigerian dictator Ibrahim Babangida and his influential wife, Maryam, who played a pivotal role in her obtaining oil licenses in another era of Nigerian politics. The relationship helped secure her an oil prospecting license crucial for her business expansion.
Despite challenges, Alakija maintained control of her oil block through intense legal battles, affirming her significant stake with a ruling in her favor by the Nigerian Supreme Court in 2008. This determined effort solidified her status as one of Africa’s wealthiest women.
On February 20, 2025, Alakija attended the book launch for Babangida, contributing to the event while it was also a fundraiser for the IBB Presidential Library, highlighting her ongoing connections in the political and business spheres of Nigeria.
Reports of a possible separation between Alakija and her husband emerged in March 2024, indicating personal differences after over three decades of marriage. However, no official comments about their marital status have been issued from her family.
Folorunso Alakija’s health deteriorated following a near-air mishap, leading to her complete loss of sight. Her business acumen has established her as a leading figure in the oil industry, with significant connections to Nigeria’s political history. Despite personal challenges, she remains a philanthropic and influential personality. Reports of marital separation add another layer to her complex narrative as she navigates her journey in business and health.
Original Source: saharareporters.com
