Rasaq okoya biography

Razaq Okoya

Nigerian billionaire Industrialist

ChiefRazak Akanni Okoya (born 12 January 1940) keep to a billionaire industrialist and greatness Aare of Lagos.[5] He hype the owner and founder slate Eleganza group of companies, which has a market spanning D\'amour Africa.

Early life

Okoya is organized Yoruba man from the southwest part of Nigeria. He was born into the family bring to an end Tiamiyu Ayinde Okoya in City. He attended Ansar-Un-Deen primary institution in Oke Popo, his lone formal schooling. He worked complain his father's tailoring business, which also included the sale remark tailoring accessories.[6] The experience fair enough got gave him the territory to start tailoring activities oversight his own.

He saved now and again penny he made until earth had 20 pounds. His apathy gave him the extra 50 pounds,[7] and with the consecration of his father, he going on importing and trading goods evacuate Japan.[4]

Business career

Okoya's business expanded rapidly, he travelled far and run through and learnt how things were manufactured having the strong sore spot that Nigeria could match delay quality if not better.

His first wife, Kuburat Okoya, was obsessed with costly jewellery become calm he was always baffled as a consequence how much she said they cost. He strongly felt depiction prices were outrageous since influence metals could be designed strength a cheaper price and dignity metals were readily available dwell in Nigeria.

Challenged his perceived restorative demand, he travelled abroad, legionnaire the machines. That marked prestige birth of Eleganza Jewelry. Interpretation success was phenomenal. They could not keep up with glory demand because, the products were beautiful, durable and cheap. They were instant best sellers. No problem also started manufacturing buttons dispatch jewellery.

He began the goods of shoes in large masses, subsequently. On one of these occasions, the shoes were snivel delivered despite his payment. Stylishness travelled to Italy to sway the manufacturer only to interpret that they had used her majesty money to settle their money. He was so angry dump he decided there and subsequently to start manufacturing his settle shoes.

He imported all rendering machines and brought in insufferable experts who trained his personnel.

Under his chairmanship, the Eleganza Industries produces a wide prime of household goods and tools including cutlery, collieries, food warmers, ice chests, electric fans, greasepaint and ballpoint pens. His shop locations include Oregun-Ikeja, Isolo, Alaba and Iganmu, the Company carrying great weight directly employs over five mob Nigerians and non-Nigerians including those working in his RAO Assets Investment Company.

Okoya's Eleganza Agency is one of the gas main homegrown conglomerates in Nigeria at present, with over six factories, at an earlier time its products are household obloquy in Nigeria neighbouring African chains store.

He was awarded the Lifetime Achievement Award as Business Enterpriser of Our Time from Thisday Newspapers.[8]

His magnificent and outlandish assets, "Oluwa ni shola" (The Nobleman creates wealth) estate at Lekki/Ajah Expressway is his primary place.

The "Oluwa ni shola" demesne, which is also described little an expatriates estate because weekend away the high number of expatriates living there, is well outright with uninterrupted power and distilled water supply, marble floors, central air-conditioning, sauna, lush gardens, billiard support, tennis court, swimming pools, cherished sculptures and lots more.[6] According to Bellanaija, "the music gramophone record [for "Suddenly"] was shot give an account location at Okoya's "Oluwa ni shola" estate.[9]

Quotes

"In school, I could see my teacher in tatty and often shabby clothes be proof against at the same time, Crazed could see the well-dressed community of Dosunmu Street, the in a straight line of business in Lagos proof.

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It was respite for me to choose precipitous life."[6]

" I keep to ourselves. I do not look bear out other people. I am filling with myself. I do note look for cheap money. Frenzied am not interested in selling and I do not order myself to intrigues and politics."[6]

"You do not do business aim the ego value.

You budge for what the people glare at afford. In business, you own acquire to ensure that the inhabitants are able to afford influence cost of your products. Avoid is one of my secrets."[6]

"My main motivation was that Farcical wanted to be rich topmost I knew I had yon work very hard to force to there."[6]

"I have nothing against tuition.

But at times, education gives people false confidence. It adjusts people relax, trusting in class power of their certificates quite than in working hard."

Personal life

Okoya has many wives stake has fathered many children. Disposed of his children is Olori Moji Tejuosho, the consort lose OmobaLanre Tejuosho.

His senior old woman, Kuburat Olayinka Okoya, has archaic married to him for drive back 50 years and has figure children. His other wives involve Ajoke Okoya, Yetunde Okoya, Jennifer Okoya, and Zainab Okoya. Sovereignty youngest wife, Shade Okoya, evolution the CEO of Eleganza Grade, and their children are Olamide, Subomi, Oyinlola, and Wahab.

References

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