It is just because Folorunso Alakija has money, that’s why

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At the just concluded Leadership and Excellence Conference 2018 held at the most prestigious University in Africa, the University of Ibadan. Themed: Maximizing your life, held at Trenchard Hall, University of Ibadan, Ibadan, Oyo State, Nigeria.

Where I sat were some U.I students who were also at the conference sitting and listening carefully to the richest woman in Africa Mrs. Folorunso Alakija as she was giving her talk and encouraging the entrepreneurs at the conference, she highlighted some points which were seven in number to encourage the entrepreneurs and students in business, which I believe inspired the participants.

After she had ended her speech, the audience showered her encomium for a well composed and inspiring speech. Immediately after this moment, I began to hear some guys behind me, starting to express their mind saying, “Even if she makes no sense with her just concluded speech, people will clap just because she has money, because she’s the richest woman in Africa, because of this, and because of that….”, and the facilitator that collected the microphone after Mrs. Folorunso Alakija was done with her speech, was talking on “Mindset”, these guys were still laughing at him, saying things like, “Oga drop the microphone, we don’t know you and most importantly because you don’t have money” and I began to wonder what money has caused in this country and where the next generation will take this country to, a larger chunk of our future leaders or, call it the leaders of tomorrow are mainly concerned about how much money a person has, what luxuries a person possesses, and give no damn about the quality of a person’s brain.

In a gathering where we had eminent personalities like, the VC of the Premier University of Ibadan, Prof. Idowu Olayinka, Mrs Folorunso Alakija, Mr. Adeyoyin Paul, Mr. Niyi Adesanya, Mr. Okinbaloye Jenyo among others who are impacting lives and society with the treasures in their brains.

The question that came rushing at me like a whirlwind was, if this coming generation which I am a part, is not a lost generation that has not found its purpose, not to talk of restoring the heritage lost by its ancestors and sustaining the restored heritage?

As the fate of this country’s future is in our hands to write, the writing which has long commenced from the times of our fathers till now and then on, knowing fully well that whatever you and I write is actually what your children, my children and their children will read. I then decided to ask myself and you what we are going to write the fate of our dear country to be?

Leave your comments.

Here are some nuggets from the conference

  • “Men, while trying to make a living, they forget to live” – Mrs Folorunso Alakija
  • The ideas you gather from your conversation with your mentor would take you to places – Mrs Folorunso Alakija
  • Create a savings honour account by honouring great people
  • Nothing cancels insult like a result
  • Definition of SUCCESS by Mrs Folorunso Alakija

S Sacrifice on a daily basis

U Utilize your time

C Credibility and reliability

C consistency

E Educate and retrain yourself

S Say no to distractors & naysayers

S Seek God


  • Think! Look for a challenge and turn it into an opportunity. You’ll make your money in the so-called “economic hopelessness” – Mrs Folorunso Alakija
  • “If you get million by chance, you can’t retain in by chance.”- Niyi Adesanya
  • Seek out information about your goals- when you open a book, open your mind – Folorunso Alakija
  • Build strong synergies: To walk fast, walk alone, To walk far, go with others – Folorunso Alakija
  • Build your life with positive affirmations
  • Don’t always bug your mentor with your problems. Tell of good things too. – Niyi Adesanya
  • Learn to live while you trying to make a living – Folorunso Alakija
  • The day you stop learning, you are dead. Keep on Learning – Folorunso Alakija
  • Train yourself to multitask” – Folorunso Alakija
  • We’re running out of our country while those white men are running into our country Nigeria….. Shine your eyes – Folorunso Alakija
  • If you got millions by chance, you can’t maintain it by chance! It is way easier to be a millionaire than to maintain that status
  • One of the greatest things I can give back to my Alma Mater is to bring my mentor to teach people how to fish. – Okinbaloye Jenyo
  • Become a philanthropist! Remember philanthropy starts from the heart not just about being wealthy or rich – Mrs FOlorunso Alakija
  • “Build strong synergy. Find people that will complement your strength and are strong in your areas of weakness” – Folorunso Alakija
  • “It’s better to walk alone than walk with many people in the wrong direction”
  • Be a person of value, nothing cancel insults like A Result. – OMODELE ADESUYI.
  • We can’t achieve success if we can’t change to the changing environment, keep on learning
  • Leave the red ocean and move to a blue ocean. If you know you know – Folorunso Alakija
  • Success is not limited to money. Success is that thing you set out to achieve and you’ve achieved.- Alakija

Ola, O. Olanrewaju reporting, edited by Damilare Emmanuel n Zainab Sanni

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