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One of the world's richest black women, Mrs Folorunsho Alakija has opened up on how she got into the oil business that has made her a billionaire. Speaking during the Women Inspiration & Enterprise WIE event that held two weeks ago, the chairman of Famfa Oil & Gas, said she got into the business through perseverance and hard work
"It was not a planned thing at all. A friend actually contacted me that some people wanted to buy crude oil and she was wondering if I will be able to get them to make the purchase. I got an appointment with the Minister of Petroleum and he told me that it's not the way to go because there wasn't much profit in selling it and because it's a foreign company that Nigeria is imposed at selling its crude to international market. That it will be better to look at other things. I went back to my friend and told her what the Minister said.
