According to the late President of the United States, Calvin Coolidge, “No person was ever honoured for what he received. Honour has been the reward for what he gave.
When the Managing Director of Eleganza Industrial City Limited, Chief (Mrs) Folashade Okoya, MON, left the University of Lagos many years ago as a graduate, she never shut her heart out of the tertiary institution. Rather, the beautiful woman has continued to contribute her quota to the school that helped in moulding her.
The industrialist, alongside her billionaire husband, Chief Razak, became one of the top philanthropists giving back to the school without blinking. Not that they expect anything in return, but simply for their love and passion for humanity.
Today, her contributions have not gone unnoticed, as she will be honoured among the distinguished ambassadors and accomplished alumni of the university — individuals who have excelled in government, academia, and the corporate world.
According to information gathered, the awardees will converge on the prestigious Eko Hotel and Suites, Victoria Island, Lagos, on Friday, October 17, 2025, where they will be conferred with the Distinguished Alumni Awards during the 55th Anniversary Awards and Recognition Dinner organised by the University of Lagos Alumni Association.
It was further revealed that Vice President Kashim Shettima is expected to grace the occasion as Special Guest of Honour, while renowned medical practitioner and Ogbeni Oja of Ijebuland, Olor’ogun Dr. Sonny Kuku, will serve as Chairman. The President Worldwide of the University of Lagos Alumni Association, Engr. Ifeoluwa Ayodele will host the event as Chief Host.
Okoya’s journey in the corporate world is remarkable. Since leaving the citadel of learning many years ago, she has become a quintessential role model, a business magnate and successful entrepreneur, as the education she received from this great institution has equipped her with the skills, knowledge, and character to make a difference and become independent, resilient and enterprising.
The accomplished entrepreneur who first studied banking and finance before studying Sociology at the University of Lagos has continued to run successful companies. No doubt, this recognition by her Alma Mater is a testament to her remarkable exploits in the business world, and above all, as a great ambassador of the University of Lagos, which she has demonstrated through brilliance and remarkable leadership.
Other dignitaries that would be honoured at the occasion are the Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, GCON; former Attorney General of the Federation, Chief Bayo Ojo, SAN; Chairman of Channels Media Group, Dr. John Momoh; Group Managing Director, Sahara Group, Mr Kola Adesina; Life Director, Folawiyo Group, Chief Tunde Fanimokun; Industrial magnate and Chairman, Premier Lotto Ltd, Chief Kessington Adebutu, among several others.
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