On 16 October 2026, the University of Buckingham conferred an honorary doctorate on Nigerian entrepreneur and philanthropist [Folorunso Alakija](https://en.wikipedia.org/wiki/Folorunso_Alakija) during its Radcliffe Centre ceremony, marking the university’s 50th anniversary and celebrating her multi‑sector achievements.
**Key facts**
- The degree was presented by Vice‑Chancellor Professor David Cole.
- Alakija wore a red doctoral gown and was joined by her son Dele Alakija and sister Arinola Ogbara.
- She quoted, “Africa is a continent of immense potential, creativity and resilience and that achievement carries responsibility to serve others.”
- The event featured remarks from Dean of Faculty Professor Debarpita Bardhan‑Correia and Professor Shalom Lloyd MBE, who stressed investing in Africa’s future leaders.
- The ceremony coincided with Buckingham Africa Day, a program highlighting African contributions across the globe.
What was the honour awarded?
The university granted Alakija an honorary doctorate in recognition of her contributions to business, philanthropy and societal development. Honorary degrees are symbolic accolades awarded to individuals who have demonstrated exceptional impact in their fields.
Who presented the degree?
Vice‑Chancellor Professor David Cole handed the diploma to Alakija on stage, flanked by senior university officials and members of the African diaspora community present at the event.
What message did Alakija share with graduates?
Alakija encouraged the audience to chase their aspirations with passion, perseverance and humility. She highlighted the importance of using personal success to open doors for others, especially within Africa’s burgeoning economies.
How does this fit into Alakija’s broader career?
Before gaining fame through her oil venture [Famfa Oil](https://en.wikipedia.org/wiki/Famfa_Oil), Alakija built a reputation in banking, fashion, real estate and printing. Her philanthropic work spans education scholarships, women‑empowerment programmes and support for vulnerable communities across Nigeria.
What followed the ceremony?
After the conferment, Alakija mingled with students and guests at a reception, offering advice and answering questions. The gathering included family members, Nigerian dignitaries and international attendees who travelled to celebrate her achievement.
The honorary doctorate adds a scholarly milestone to Alakija’s already diverse portfolio, reinforcing her role as a mentor and catalyst for African youth aspiring to leadership and entrepreneurship.