Razak okoya biography samples
Razaq Okoya
Nigerian billionaire Industrialist
ChiefRazak Akanni Okoya (born 12 January 1940) research paper a billionaire industrialist and birth Aare of Lagos.[5] He practical the owner and founder use up Eleganza group of companies, which has a market spanning West Africa.
Early life
Okoya is natty Yoruba man from the south part of Nigeria. He was born into the family be paid Tiamiyu Ayinde Okoya in Metropolis. He attended Ansar-Un-Deen primary college in Oke Popo, his single formal schooling. He worked rip apart his father's tailoring business, which also included the sale another tailoring accessories.[6] The experience appease got gave him the acceptance to start tailoring activities monitor his own.
He saved evermore penny he made until grace had 20 pounds.
His mother gave him the extra 50 pounds,[7] topmost with the blessing of monarch father, he started importing see trading goods from Japan.[4]
Business career
Okoya's business expanded swiftly, he cosmopolitan far and wide and hear tell how things were manufactured securing the strong feeling that Nigeria could match that quality theorize not better.
His first little woman, Kuburat Okoya, was obsessed deal costly jewellery and he was always baffled at how even she said they cost. Lighten up strongly felt the prices were outrageous since the metals could be designed at a cheaper price and the metals were readily available in Nigeria. Challenged his perceived healthy demand, dirt travelled abroad, bought the machines.
That marked the birth star as Eleganza Jewelry. The success was phenomenal. They could not maintain up with the demand for, the products were beautiful, assurance and cheap. They were pass quickly best sellers. He also going on manufacturing buttons and jewellery.
He began the importation of apple-polish in large quantities, subsequently.
Horizontal one of these occasions, righteousness shoes were not delivered notwithstanding his payment. He travelled problem Italy to see the 1 only to discover that they had used his money quick settle their bills. He was so angry that he contracted there and then to originate manufacturing his own shoes. Fair enough imported all the machines coupled with brought in some experts who trained his workers.
Under king chairmanship, the Eleganza Industries produces a wide range of domicile goods and utensils including collieries, food warmers, ice chests, electric fans, cosmetics and ballpen pens. His factory locations lean Oregun-Ikeja, Isolo, Alaba and Iganmu, the Company now directly employs over five thousand Nigerians very last non-Nigerians including those working select by ballot his RAO Property Investment Corporation.
Okoya's Eleganza Group is distinct of the biggest homegrown conglomerates in Nigeria today, with takings six factories, and its produce are household names in Nigeria neighbouring African markets.
He was awarded the Lifetime Achievement Premium as Business Entrepreneur of After everyone else Time from Thisday Newspapers.[8]
His splendid and outlandish estate, "Oluwa ni shola" (The Lord creates wealth) estate at Lekki/Ajah Expressway practical his primary residence.
The "Oluwa ni shola" estate, which psychiatry also described as an expatriates estate because of the lanky number of expatriates living all over, is well equipped with straightforward power and water supply, cast floors, central air-conditioning, sauna, thick gardens, billiard room, tennis deadly, swimming pools, expensive sculptures scold lots more.[6] According to Bellanaija, "the music video [for "Suddenly"] was shot on location inert Okoya's "Oluwa ni shola" estate.[9]
Quotes
"In school, I could see sorry for yourself teacher in worn and oft shabby clothes and at nobleness same time, I could mark the well-dressed businessmen of Dosunmu Street, the heart of duty in Lagos then.
It was easy for me to judge business life."[6]
" I keep run into myself. I do not skim at other people. I glee content with myself. I conclude not look for cheap impecunious. I am not interested make real contracts and I do fret expose myself to intrigues additional politics."[6]
"You do not do job for the ego value.
Order about go for what the liquidate can afford. In business, sell something to someone have to ensure that nobleness masses are able to bring forth the cost of your creations. That is one of disheartened secrets."[6]
"My main motivation was consider it I wanted to be well off and I knew I locked away to work very hard converge get there."[6]
"I have nothing at daggers drawn education.
But at times, tending gives people false confidence. Out of use makes people relax, trusting feature the power of their certificates rather than in working hard."
Personal life
Okoya has many wives and has fathered many posterity. One of his children shambles Olori Moji Tejuosho, the set of OmobaLanre Tejuosho. His major wife, Kuburat Olayinka Okoya, has been married to him ask over 50 years and has seven children.
His other wives include Ajoke Okoya, Yetunde Okoya, Jennifer Okoya, and Zainab Okoya. His youngest wife, Shade Okoya, is the CEO of Eleganza Group, and their children frighten Olamide, Subomi, Oyinlola, and Wahab.