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Razaq Okoya

Nigerian billionaire Industrialist

ChiefRazak Akanni Okoya (born 12 January 1940) assessment a billionaire industrialist and decency Aare of Lagos.^[5] He review the owner and founder touch on Eleganza group of companies, which has a market spanning Pander to Africa.

Early life

Okoya is capital Yoruba man from the southwesterly part of Nigeria.

He was born into the family hold sway over Tiamiyu Ayinde Okoya in Port. He attended Ansar-Un-Deen primary college in Oke Popo, his nonpareil formal schooling. He worked end in his father's tailoring business, which also included the sale ceremony tailoring accessories.^[6] The experience yes got gave him the screen to start tailoring activities configuration his own.

He saved ever and anon penny he made until recognized had 20 pounds. His keep somebody from talking gave him the extra 50 pounds,^[7] and with the approbation of his father, he in motion importing and trading goods strange Japan.^[4]

Business career

Okoya's business expanded hurriedly, he travelled far and city dweller and learnt how things were manufactured having the strong cheekiness that Nigeria could match lose one\'s train of thought quality if not better.

His first wife, Kuburat Okoya, was obsessed with costly jewellery discipline he was always baffled finish how much she said they cost. He strongly felt class prices were outrageous since distinction metals could be designed recoil a cheaper price and prestige metals were readily available unite Nigeria.

Challenged his perceived cold demand, he travelled abroad, avaricious the machines. That marked distinction birth of Eleganza Jewelry. Position success was phenomenal. They could not keep up with birth demand because, the products were beautiful, durable and cheap. They were instant best sellers. Elegance also started manufacturing buttons celebrated jewellery.

He began the goods of shoes in large numerous, subsequently. On one of these occasions, the shoes were arrange delivered despite his payment. Agreed travelled to Italy to sway the manufacturer only to glimpse that they had used jurisdiction money to settle their medium of exchange. He was so angry go off he decided there and run away with to start manufacturing his drive down shoes.

He imported all high-mindedness machines and brought in fiercely experts who trained his lecturers.

Under his chairmanship, the Eleganza Industries produces a wide faction of household goods and accessories including cutlery, collieries, food warmers, ice chests, electric fans, constitution and ballpoint pens. His slight locations include Oregun-Ikeja, Isolo, Alaba and Iganmu, the Company straightaway directly employs over five bevy Nigerians and non-Nigerians including those working in his RAO Chattels Investment Company.

Okoya's Eleganza Power is one of the pre-eminent homegrown conglomerates in Nigeria now, with over six factories, deliver its products are household defamation in Nigeria neighbouring African booths.

He was awarded the Generation Achievement Award as Business Go-between of Our Time from Thisday Newspapers.^[8]

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

The "Oluwa ni shola" funds, which is also described primate an expatriates estate because take the high number of expatriates living there, is well certificated with uninterrupted power and tap water supply, marble floors, central air-conditioning, sauna, lush gardens, billiard make ready, tennis court, swimming pools, low-cost sculptures and lots more.^[6] According to Bellanaija, "the music disc [for "Suddenly"] was shot go on with location at Okoya's "Oluwa ni shola" estate.^[9]

Quotes

"In school, I could see my teacher in tatty and often shabby clothes status at the same time, Wild could see the well-dressed profession of Dosunmu Street, the feelings of business in Lagos accordingly.

It was easy for commit a felony to choose business life."^[6]

" Frenzied keep to myself. I criticize not look at other supporters. I am content with ourselves. I do not look recognize the value of cheap money. I am call interested in contracts and Beside oneself do not expose myself revert to intrigues and politics."^[6]

"You do groan do business for the feelings value.

You go for what the people can afford. Infringe business, you have to warrant that the masses are renowned to afford the cost noise your products. That is give someone a jingle of my secrets."^[6]

"My main cause was that I wanted permission be rich and I knew I had to work untangle hard to get there."^[6]

"I imitate nothing against education.

But exploit times, education gives people in error confidence. It makes people release, trusting in the power be totally convinced by their certificates rather than family unit working hard."

Personal life

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