How Razaq Okoya rose from common tailor to billionaire founder of Eleganza Group

Chief Razaq Akanni Okoya is simply a towering fig of occurrence successful Nigeria's economical landscape. As the Eleganza Group of Company's Chairman, helium has etched an indelible people successful the concern world, transforming challenges into opportunities and emerging arsenic a beacon of entrepreneurial triumph.

Chief Okoya's travel from humble beginnings to becoming a billionaire is simply a testament to his unwavering vision, strategical insight, and relentless perseverance.

Chief Razaq Akanni Okoya, Chairman of Eleganza Group of Companies Photo recognition - Eleganza Group
Source: UGC

Early beingness successful father's tailoring workshop

Chief Razaq Akanni Okoya's communicative begins successful Lagos, Nigeria, wherever helium was calved connected January 12, 1940, into the household of Tiamiyu Ayinde and Idiatu Okoy.

Razaq's ceremonial acquisition was limited, with his sole world acquisition being astatine Ansar-un-deen Primary School successful Oke Popo, Isale-Eko (Lagos Island), wherever helium completed elementary-level studies.

However, the bulk of his acquisition occurred wrong the confines of his father's tailoring workshop, wherever helium diligently served arsenic an apprentice tailor.

After schoolhouse hours, Razaq immersed himself successful the intricacies of the trade, moving errands for his father, sourcing supplies, and assisting successful covering repairs.

Remarkably, adjacent earlier completing his superior education, Razaq had already honed his skills arsenic an accomplished and skilled tailor.

Razaq's entrepreneurial spirit

Growing up successful a humble environment, young Razaq exhibited a singular entrepreneurial tone from an aboriginal age.

His keen consciousness of reflection and innate concern instincts acceptable the signifier for a aboriginal marked by groundbreaking achievements.

Razaq embarked connected his concern travel with an archetypal superior of £20, a sum helium had diligently saved from repairing shirts and trousers successful his father's shop.

Contrary to the presumption that helium entered the tailoring commercialized owed to his father's influence, Razaq clarified successful a consequent interrogation that his determination resulted from cautious deliberation.

Driven by a tendency for fiscal success, helium keenly observed his surroundings, noting that immoderate of the astir prosperous individuals successful nine were palmy businesspeople.

A pivotal infinitesimal occurred erstwhile a merchandise catalogue caught young Razaq's attention, igniting his involvement successful importing goods from Japan.

Armed with his £20 savings, helium secured an additional £50 indebtedness from his mother to spot the order. The products proved to beryllium a speedy sell, swiftly outpacing existing marketplace offerings successful presumption of quality.

The accelerated turnover marked a lucrative task and gave Razaq the fiscal impetus to grow his concern and standard up his orders.

This astute determination laid the instauration for his ascent successful commerce.

Establishing Eleganza Group

At the helm of the Eleganza Group of Companies, Chief Okoya has built a diversified conglomerate that spans assorted industries.

From manufacturing to existent estate, the Eleganza Group is simply a testament to Chief Okoya's quality to navigate and win successful dynamic concern landscapes.

The group's portfolio includes Eleganza Industrial City, a sprawling analyzable that houses manufacturing units of assorted products, including integrative chairs, coolers, and household items.

While his wife, Dr. Shade Okoya, operates arsenic the CEO of Eleganza Group, Chief Okoya remains successful the chairmanship position.

To actualise his existent property aspirations, Chief Razaq Okoya established the RAO Property Investment Company arsenic the conduit for his ventures.

One notable task undertaken by the institution is the improvement and upkeep of the Oluwa Ni Shola Estate on the Lekki-Ajah Expressway.

Utilising this platform, helium has further directed investments into aggregate properties crossed antithetic areas successful Lagos, solidifying his beingness and interaction successful the existent property sector.

Giving backmost to the community

Beyond his concern endeavours, Chief Razaq Akanni Okoya is profoundly committed to philanthropy and societal impact.

His charitable initiatives, peculiarly successful acquisition and healthcare, person touched the lives of many.

Razaq's philanthropic contributions include establishing schools and healthcare facilities, reflecting a dedication to uplifting the assemblage that has played a pivotal relation successful his success.

Awards and designation for excellence

Chief Razaq Akanni Okoya has garnered galore accolades and acknowledgements passim his illustrious career.

Notably, helium was honoured with the Lifetime Achievement Award of Business Entrepreneur by ThisDay Newspapers, a designation personally presented by Bill Clinton, the erstwhile President of the United States of America.

In addition, Chief Okoya received the Golden Award for Quality from the Nigerian Institute of Standards.

His outstanding contributions person besides been recognised by the Federal Government of Nigeria, conferring upon him the prestigious Commander of the Order of Niger (CON) honour.

Legacy for the future

As Chief Razaq Akanni Okoya continues to steer the Eleganza Group to caller heights, his bequest extends beyond the boardroom.

His communicative is an inspiration to aspiring entrepreneurs, a testament to the transformative powerfulness of vision, hard work, and resilience.

As Nigeria's concern scenery evolves, Chief Okoya remains a guiding force, demonstrating that occurrence is not conscionable a destination but a travel marked by continuous innovation and a committedness to excellence.

Razaq Okoya advocates concern hubs successful 36 states, Abuja for economical boost

Meanwhile, Legit.ng earlier reported that Chief Okoya advocated for the constitution of caller concern zones successful each 36 states to facilitate the maturation of small-scale industries.

Okoya projected that these small-scale industries incorporated residential facilities for their workers, emphasising that this attack could assistance curb rural-to-urban migration and alleviate municipality congestion.

Okoya emphasised that establishing caller concern zones would diminish the request for our young colonisation to traverse assorted states and notably lessen the impulse to relocate to municipality centres.

Source: Legit.ng