Billionaire Businessman, Razaq Okoya Rejoices, Celebrates Grand 85th Birthday
Billionaire Businessman, Razaq Okoya Rejoices, Celebrates Grand 85th Birthday.
“My prayer is to enjoy good health, long life, and leave the legacy of my industry behind. I want Eleganza to outlive me and continue with my philosophy of philanthropy.”
The array of dignitaries, and by implication, the calibre of personalities that turned out to celebrate the 85th birthday of renowned industrialist, philanthropist and nation builder, Chief Razaq Okoya, was a testimony that the ebullient go-getter has affected not a few lives.
Held in his palatial Oluwa Ni N Sola Estate residence, the event paraded a galaxy of stars including former President Olusegun Obasanjo, Governor of Lagos State, Babajide Sanwo-Olu, Governor of Osun State, Senator Ademola Adeleke; former Military Governor of the Old Imo State, General Ike Nwachukwu (retd); Deputy Governor of Lagos State, Femi Hamzat, Publisher, Ovation Group, Chief Dele Momodu, notable traditional rulers from the South West, corporate Chiefs, religious leaders, and a hits of A-list personalities.
Also in the parade of highly acclaimed individuals, who thron
How Sade Okoya, Chief Rasaq Okoyas first wife and their 31 children behaved at his 80th birthday party
Billionaire Rasaq Okoyas earth-shaking 80th birthday party is not something anyone will be forgetting soon.
The event, which held on Saturday 11th of January, without a doubt, passed for the very first grand event of , with top businessmen, governors, ministers, royal fathers and ministers in attendance.
The event commenced in the late hours of Saturday, January 11th into the early hours of the business mogul’s birthday, January 12th,
We now bring you an exclusive report of how Sade Okoya, the other wife of Chief Rasaq Okoya and their 31 children behaved at the grand occasion, courtesy of Dr Seye Kehinde, Abiola Orisile, Seun Joseph, Jimmy Abdulrasheed and Nuru Akorede.
Enjoy!
Just like the Queen of the Okoya’s dynasty that she is, Dr Folasade Noimat Okoya walked in amidst pomp into the venue before her husband. Clad in custard yellow ball dress, she walked from table to table to welcome all the guests at the high table.
In her respectful manner, she knelt down to greet many of the guests who couldn’t help but admire her calm and coordinated nature. Her diamo
How a tailor’s son became a multimillionaire: The rise of Nigerian industrialist Razaq Okoya
Key Points
- Razaq Okoya turned early business lessons into a manufacturing and real estate empire, shaping Nigeria’s economy for over six decades.
- Okoya’s Eleganza Group remains a household name, producing everyday essentials from plastic chairs to luggage in Nigeria’s free trade zone.
- Okoya’s ventures directly employ 5, Nigerians and support over 25, others, cementing his influence in industry and economic growth.
Few names in Nigeria’s business world command as much respect as Razaq Okoya. The billionaire industrialist, best known for his Eleganza Group and RAO Property Investment Company, has built an empire spanning manufacturing and real estate—two sectors that have shaped the country’s economy.
His journey from humble beginnings to billionaire status is a testament to resilience, sharp business instincts, and an entrepreneurial drive that has defined his career. Even Nigeria’s president, Bola Tinubu, has publicly acknowledged seeking his financial support—a nod to Okoya’s influence and success.
Okoya’s early business roots and growth
Born into a modest family, Oko
Razaq Okoya, also known as Razaq Akanni Okoya who was born on January 12, , is a celebrated Nigerian billionaire industrialist and the Aare of Lagos. He is best known as the founder of the Eleganza Group of Companies, a conglomerate with operations spanning Western Africa. His journey from humble beginnings as an apprentice tailor to becoming one of Nigerias most successful entrepreneurs is a testament to his vision and perseverance. Okoyas life story serves as an inspiration to many, highlighting the potential for growth and success through hard work and strategic business acumen.
Profile Summary
| Full Name | Razaq Akanni Okoya |
| Date of Birth | January 12, |
| Place of Birth | Lagos, Nigeria |
| Nationality | Nigerian |
| State of Origin | Lagos State |
| Spouse | Kuburat Okoya, Shade Okoya |
| Children | Multiple, including Olamide, Subomi, Oyinlola, and Wahab with Shade Okoya |
| Occupations | Industrialist, Entrepreneur, Businessman |
| Net Worth | $1 billion |
Early Life and Education
Okoya was born in Lagos to Tiamiyu Ayinde and Alhaja Idiatu Okoya. His early life involved working in his fathers tailoring business, where he learned the bas
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