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Folorunsho Alakija Builds N60 Billion House

Mrs. Folorunsho Alakija, Executive Vice-Chairman of Famfa Oil Limited who is ranked by Forbes as the richest woman in Nigeria is currently building Famfa Towers on Alfred Rewane Road, Ikoyi, Lagos.

The 22-floor edifice is worth N60 billion. We gathered that the one-of-kind tower will be used for commercial purposes. The last five floors is said to be for her personal use.

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For those who don’t know, Mrs. Folorunsho Alakija is also the Group Managing Director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited and Digital Reality Prints Limited.