Raheem Okoya, son of Nigerian billionaire industrialist Razaq Okoya, has addressed public perceptions about his lifestyle and role in the family business.
The 22-year-old, who serves as Executive Director of Eleganza Group, stated that media narratives often portray him unfairly as someone who only spends his father’s wealth. According to him, that perception does not reflect the full reality of his involvement in the company.
Raheem said he actively works within the organization and is not solely dependent on inherited privilege. He emphasized that he enjoys business and financial growth, adding that his interest in money is tied to productivity and enterprise rather than luxury alone.
Eleganza Group, founded by Razaq Okoya, operates across multiple sectors including manufacturing, household goods, plastics, and real estate. As part of the next generation of leadership, Raheem represents a transition phase in one of Nigeria’s long-established family-owned businesses.
Children of high-profile entrepreneurs in Nigeria often face public scrutiny, especially when they occupy executive positions at a young age. Discussions around merit, succession planning, and inherited influence frequently follow such appointments.
Raheem’s comments appear to be a response to ongoing social media criticism questioning whether his position is based on qualification or family ties. While he acknowledges being born into privilege, he maintains that he contributes actively to the company’s operations.
The remarks have sparked mixed reactions online, with some supporting his right to defend his work ethic, while others continue to debate the broader issue of generational wealth and corporate leadership.
