Folorunso Alakija’s New N60bn Luxury Tower Ready - 9jaflaver





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Folorunso Alakija’s New N60bn Luxury Tower Ready


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Folorunso Alakija’s New N60bn Luxury Tower Ready

Apostle Folorunso Alakija is unarguably one of the female entrepreneurs in the world taking charge of their financial futures and changing the rules of the game. Although their net worth has been affected by recent economic tension, most of them have been growing their wealth through responsible and sustainable investing. And Alakija is a great example.

As she creams off more wealth from the volatile oil and gas sector, the Ikorodu, Lagos-born billionaire has been growing her investment in the high-yielding luxury property business too. Her real estate firm, Dayspring Property Development Company, has a rich portfolio including the Rose of Sharon Tower in Victoria Island and Project Delta in Ikoyi. But her latest and completed project is the FAMFA Tower which is the flagship.

The one-of-a-kind curvaceous skyscraper has changed the skyline of the highbrow Alfred Rewane Road in Ikoyi that hosted several iconic high-rise buildings with its significant presence. The 22-floor edifice —said to cost over N60 billion— is reportedly self-financed by the oil tycoon with no loans from any bank. The edifice will be used for commercial purposes with the last five floors strictly for Alakija’s personal and corporate use, and the rest rented out to interested tenants.

Built by Julius Berger Nigeria Plc, amenities and features provided in the tower designed to make it as structurally efficient as possible include: a gymnasium, helipad (with a dedicated waiting lounge), 266 car park spaces, raised access floors, and select granite finishes. The building’s façade comprises extensive high-performance unitized curtain walling with integrated façade lighting, ballistic performance considerations in select areas, and aluminium cladding.

Alakija’s first venture was a fashion label —Supreme Stitches— whose customers included notable power brokers and their spouses. In 1993, the 71-year old woman’s fortune changed when she got an oil prospecting licence which was later converted to an oil mining lease leading to the birth of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset.

Source:- Sunnews












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16 Comments

  1. Engr joel NWACHUKWU says:

    I admire this magnificent edifice so much is beautifying our environment

  2. Bada Olajide Kazeem says:

    May God continue to be with you your family and your empire amen

  3. Anonymous says:

    Nothing is impossible with God,more grace ma, lt can only be God.
    Weldone ma, l’ m super proud of a focused woman like you.

  4. Francisca says:

    Wao, This can only be God,
    Weldone ma,l’m super proud of a focused and hardworking woman like u ma,
    More grace in Jesus Name

  5. Francisca says:

    This can only be God,Weldone ma, l’m super proud of you, u are focused and hardworking, God Almighty will keep you in good health and l give u long life to enjoy the blessings there of in Jesus Name.
    More grace ma.

  6. Anonymous says:

    I saw it while it was still under construction, what a beautiful sight to behold, congratulations

  7. Anonymous says:

    May you find your HAPPINESS. All praises belong to the Almighty Allaah
    .

  8. Anonymous says:

    CONGRATULATIONS for this wonderful achievement especially as a woman. l also suggest that people of your type can set aside at least ten billion Naira as loans to young school graduates to go into different businesses of their choice there reducing crime and suffering and promoting the image of our country.

  9. Anonymous says:

    Thank God for the great achievement. Congratulations to you Ma.

  10. Babatunde Williams says:

    Congratulations to you ma’am for this wonderful edifice that you have achieved as a woman of courage. It’s people like you that we need to move this country to what God has bless it to become (which is greatness) in human resource and prosperity. May you continue to find happiness ma.

  11. Rabiu Ibrahim says:

    May Almighty God continue too bless ur hand as u put all this together, for future purpose.u are a good example too all woman.thanks ma

  12. Olusholaalashe says:

    Well done ma GOD we continue to strengthen for the good job you are doing with all your enteryer families, please ma kindly remember your peoples in ikorodu tawun most especially ma the youngs one by giving us some contract jobs to do thanks Ma

  13. Anonymous says:

    I need your help sir

  14. Evelyn says:

    Ma,may God continue to bless and lift you up for greater work Amen,am proud of you.

  15. Anonymous says:

    Salamalaykum ma.
    Alhamdulilahi. MashaAllah.
    More grease to yourong elbow
    Long life, insha Allah.

  16. Anonymous says:

    MashaAllah.long life Madam.
    Salamalaykum.

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