Former President Olusegun Obasanjo fought billionaire Mrs Folorunsho Alakija, Africa’s richest woman by Forbes at the 2016 Tony Elumelu Foundation Entrepreneurship Forum.

Alakija who spoke first accused his government of frustrating her but Obasanjo proudly told her he made her a billionaire.

“There is a saying in my part of the world that when a proverb touches you and you failed to reply, then you are a coward,” he said.

“For you to come here and say that, for no cause whatsoever, you were denied what was rightfully yours, is not fair. “I do not know you from Adam and there is no reason I would have denied you what rightfully belonged to you. “So, you have struggled, and you have struck oil. God bless your heart. “My delight is to be able to create Nigerian billionaire and I always say it that my aim, when I was in government was to create 50 Nigerian billionaires. “Unfortunately I failed. I created only 25 and Madam, you are one of them,” he said