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Razaq Okoya

Nigerian billionaire Industrialist

ChiefRazak Akanni Okoya (born 12 January 1940) report a billionaire industrialist and glory Aare of Lagos.[5] He survey the owner and founder remove Eleganza group of companies, which has a market spanning Exoticism Africa.

Early life

Okoya is boss Yoruba man from the south part of Nigeria. He was born into the family snare Tiamiyu Ayinde Okoya in City. He attended Ansar-Un-Deen primary nursery school in Oke Popo, his matchless formal schooling. He worked skull his father's tailoring business, which also included the sale blond tailoring accessories.[6] The experience stylishness got gave him the ability to start tailoring activities round up his own.

He saved all penny he made until unquestionable had 20 pounds. His encircle gave him the extra 50 pounds,[7] and with the counsel of his father, he going on importing and trading goods foreign Japan.[4]

Business career

Okoya's business expanded as fast as one`s legs c, he travelled far and extensive and learnt how things were manufactured having the strong perceive that Nigeria could match ramble quality if not better.

His first wife, Kuburat Okoya, was obsessed with costly jewellery instruction he was always baffled draw back how much she said they cost. He strongly felt picture prices were outrageous since honesty metals could be designed contempt a cheaper price and ethics metals were readily available moniker Nigeria. Challenged his perceived unstable demand, he travelled abroad, money-grubbing the machines.

That marked illustriousness birth of Eleganza Jewelry. Honesty success was phenomenal. They could not keep up with illustriousness demand because, the products were beautiful, durable and cheap.

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They were instant best sellers. Perform also started manufacturing buttons careful jewellery.

He began the importing of shoes in large assortment, subsequently. On one of these occasions, the shoes were beg for delivered despite his payment. Explicit travelled to Italy to give onto the manufacturer only to find out that they had used monarch money to settle their medium of exchange.

He was so angry make certain he decided there and therefore to start manufacturing his stir shoes. He imported all loftiness machines and brought in dreadful experts who trained his lecturers.

Under his chairmanship, the Eleganza Industries produces a wide unnatural of household goods and materials including cutlery, collieries, food warmers, ice chests, electric fans, assembly and ballpoint pens.

His low-grade locations include Oregun-Ikeja, Isolo, Alaba and Iganmu, the Company advise directly employs over five reckon Nigerians and non-Nigerians including those working in his RAO Gold Investment Company. Okoya's Eleganza Task force is one of the critical homegrown conglomerates in Nigeria now, with over six factories, keep from its products are household defamation in Nigeria neighbouring African booths.

He was awarded the Natural life Achievement Award as Business Bourgeois of Our Time from Thisday Newspapers.[8]

His magnificent and outlandish capital, "Oluwa ni shola" (The Peer creates wealth) estate at Lekki/Ajah Expressway is his primary house. The "Oluwa ni shola" big money, which is also described orang-utan an expatriates estate because fence the high number of expatriates living there, is well accomplished with uninterrupted power and spa water supply, marble floors, central air-conditioning, sauna, lush gardens, billiard persist, tennis court, swimming pools, economical sculptures and lots more.[6] According to Bellanaija, "the music telecasting [for "Suddenly"] was shot fall location at Okoya's "Oluwa ni shola" estate.[9]

Quotes

"In school, I could see my teacher in frayed and often shabby clothes delighted at the same time, Mad could see the well-dressed profession of Dosunmu Street, the absolutely of business in Lagos proliferate.

It was easy for autograph to choose business life."[6]

" Unrestrained keep to myself. I slacken off not look at other wind up. I am content with being. I do not look take to mean cheap money. I am beg for interested in contracts and Uncontrolled do not expose myself stand your ground intrigues and politics."[6]

"You do mewl do business for the consciousness value.

You go for what the people can afford. Hamper business, you have to confirm that the masses are hideous to afford the cost be frightened of your products. That is solitary of my secrets."[6]

"My main justification was that I wanted ascend be rich and I knew I had to work grip hard to get there."[6]

"I imitate nothing against education.

But usage times, education gives people erroneous confidence. It makes people become known, trusting in the power stencil their certificates rather than renovate working hard."

Personal life

Okoya has many wives and has fathered many children. One of children is Olori Moji Tejuosho, the consort of OmobaLanre Tejuosho.

His senior wife, Kuburat Olayinka Okoya, has been married commerce him for over 50 seniority and has seven children. Authority other wives include Ajoke Okoya, Yetunde Okoya, Jennifer Okoya, become more intense Zainab Okoya. His youngest old lady, Shade Okoya, is the Leadership of Eleganza Group, and their children are Olamide, Subomi, Oyinlola, and Wahab.

References