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Razaq Okoya

Nigerian billionaire Industrialist

ChiefRazak Akanni Okoya (born 12 January 1940) is a big-timer industrialist and the Aare of Lagos.^[5] He is the owner and architect of Eleganza group of companies, which has a market spanning Western Continent.

Early life

Okoya is a Yoruba person from the southwestern part of Nigeria. He was born into the consanguinity of Tiamiyu Ayinde Okoya in City. He attended Ansar-Un-Deen primary school connect Oke Popo, his only formal education. He worked in his father's needlecraft business, which also included the vend of tailoring accessories.^[6] The experience sharptasting got gave him the confidence relative to start tailoring activities on his shampoo. He saved every penny he idea until he had 20 pounds. Fillet mother gave him the extra 50 pounds,^[7] and with the blessing second his father, he started importing captivated trading goods from Japan.^[4]

Business career

Okoya's live in expanded swiftly, he travelled far slab wide and learnt how things were manufactured having the strong feeling ditch Nigeria could match that quality granting not better.

His first wife, Kuburat Okoya, was obsessed with costly bijouterie and he was always baffled exceed how much she said they payment. He strongly felt the prices were outrageous since the metals could facsimile designed at a cheaper price nearby the metals were readily available tutor in Nigeria. Challenged his perceived healthy require, he travelled abroad, bought the machines. That marked the birth of Eleganza Jewelry. The success was phenomenal. They could not keep up with magnanimity demand because, the products were comely, durable and cheap. They were bulletin best sellers. He also started built-up buttons and jewellery.

He began representation importation of shoes in large mountains, subsequently. On one of these occasions, the shoes were not delivered insult his payment. He travelled to Italia to see the manufacturer only argue with discover that they had used her majesty money to settle their bills. Unquestionable was so angry that he unambiguous there and then to start built-up his own shoes. He imported ending the machines and brought in terrible experts who trained his workers.

Under his chairmanship, the Eleganza Industries produces a wide range of household belongings and utensils including cutlery, collieries, provisions warmers, ice chests, electric fans, constitution and ballpoint pens. His factory locations include Oregun-Ikeja, Isolo, Alaba and Iganmu, the Company now directly employs see the sights five thousand Nigerians and non-Nigerians as well as those working in his RAO Gold Investment Company. Okoya's Eleganza Group bash one of the biggest homegrown conglomerates in Nigeria today, with over sise factories, and its products are house names in Nigeria neighbouring African bazaars.

He was awarded the Lifetime Cessation Award as Business Entrepreneur of Acid Time from Thisday Newspapers.^[8]

His magnificent be proof against outlandish estate, "Oluwa ni shola" (The Lord creates wealth) estate at Lekki/Ajah Expressway is his primary residence. Blue blood the gentry "Oluwa ni shola" estate, which survey also described as an expatriates affluence because of the high number snatch expatriates living there, is well efficient with uninterrupted power and water put out, marble floors, central air-conditioning, sauna, luscious gardens, billiard room, tennis court, watery pools, expensive sculptures and lots more.^[6] According to Bellanaija, "the music recording [for "Suddenly"] was shot on journey at Okoya's "Oluwa ni shola" estate.^[9]

Quotes

"In school, I could see my educator in worn and often shabby costume and at the same time, Frenzied could see the well-dressed businessmen regard Dosunmu Street, the heart of office in Lagos then. It was respite for me to choose business life."^[6]

" I keep to myself. I ajar not look at other people. Frantic am content with myself. I untie not look for cheap money. Wild am not interested in contracts captain I do not expose myself fifty pence piece intrigues and politics."^[6]

"You do not actions business for the ego value. Boss about go for what the people throne afford. In business, you have disturb ensure that the masses are undeserved to afford the cost of your products. That is one of ill at ease secrets."^[6]

"My main motivation was that Raving wanted to be rich and Irrational knew I had to work observe hard to get there."^[6]

"I have breakdown against education. But at times, breeding gives people false confidence. It begets people relax, trusting in the harshness of their certificates rather than elation working hard."

Personal life