Let’s uncover the fascinating Dr Shade Okoya biography.
Dr. Folashade Noimat Okoya, popularly known as Shade Okoya, is a distinguished Nigerian businesswoman, philanthropist, and industrialist.
Born on April 25, 1977, in Lagos State, Nigeria, she is renowned for her role as the Managing Director and Chief Executive Officer of Eleganza Group, one of Nigeria’s foremost manufacturing companies.
Married to Chief Razaq Okoya, a billionaire industrialist, Shade Okoya’s influence extends beyond the corporate world as she continues to make significant strides in philanthropy, education, and community development.
Dr. Folashade Noimat Okoya Biography
| Attribute | Details |
|---|---|
| Full Name | Dr. Folashade Noimat Okoya |
| Date of Birth | April 25, 1977 |
| Place of Birth | Lagos State, Nigeria |
| Nationality | Nigerian |
| Education | National Diploma in Banking and Finance (Lagos State Polytechnic); B.Sc. in Sociology (University of Lagos) |
| Occupation | Industrialist, Businesswoman |
| Current Position | Managing Director/CEO of Eleganza Group |
| Marital Status | Married to Chief Razaq Okoya since 1999 |
| Children | Four: Olamide, Subomi, Oyinlola, and Wahab |
| Honors | Honorary Doctorate in Business Management and Corporate Leadership; various chieftaincy titles |
| Philanthropic Activities | Scholarships for students; organizer of annual pilgrimages; sponsor of the Folashade Okoya Kids Cup |
Early Life of Dr. Folashade Noimat Okoya
Shade Okoya was born into a modest family on April 25, 1977, in Lagos State, Nigeria.
Her parents, Alhaji Tajudeen Adeleye and Alhaja Nimota Adeleye, originally hail from Ijebu Ode in Ogun State. Growing up in a traditional Nigerian household, Shade learned the values of hard work and discipline from an early age.
She attended St. Bernadette Nursery and Primary School in Lagos before progressing to Awori Comprehensive High School, where she graduated in 1991.
Eager to pursue higher education, Shade enrolled at Lagos State Polytechnic, where she obtained a National Diploma in Banking and Finance.
Her academic pursuits did not stop there. She later attended the University of Lagos and earned a Bachelor of Science degree in Sociology in 2004. Her educational background laid a solid foundation for her eventual foray into business management and entrepreneurship.
Dr. Folashade Noimat Okoya Career
Shade Okoya’s career trajectory is an inspiring narrative of determination and success. As the Managing Director of Eleganza Group, she has been instrumental in revolutionizing Nigeria’s manufacturing industry.
Eleganza Group, a conglomerate that produces a wide range of household and industrial products, has witnessed remarkable growth under her leadership.
Shade oversees key subsidiaries, including Eleganza Fashion Products Limited and Eleganza Cruise and Travels Limited.
Her strategic initiatives have not only boosted the company’s profitability but also enhanced its reputation for quality and efficiency.
For instance, she spearheaded the production of over 300,000 cartons of their flagship product in a single month.
Additionally, she implemented measures that reduced production waste from over 2.5% to less than 0.5%, while simultaneously cutting factory running and maintenance expenses by 45%.
Beyond manufacturing, Shade is a prominent figure in property management as a member of the Board of Directors for RAO Investment Property Company Limited. Her multifaceted career showcases her adaptability and skill in navigating diverse business environments.
Dr. Folashade Noimat Okoya Personal Life
Shade Okoya’s personal life is as compelling as her professional accomplishments. In 1999, at the age of 21, she married Chief Razaq Okoya, a renowned industrialist and the Aare of Lagos. Despite their 38-year age difference, the couple has maintained a strong and loving relationship, often celebrated in the media.
Their union is blessed with four children: Olamide, Subomi, Oyinlola, and Wahab.
How Shade Okoya Meet Her Husband
Entrepreneur and billionaire spouse, Shade Okoya, shared the captivating story of how she met Chief Razaq Okoya during an interview celebrating their 25-year marriage. She revealed that their initial meeting was work-related, though Chief Okoya’s intentions extended beyond professional matters.
Shade explained that their first encounter occurred in a casual setting. Chief Okoya expressed his desire to see her again and, during their second meeting, directly proposed marriage.
She admitted feeling taken aback, describing the proposal as “too soon and too sudden.”
A surprising twist came when one of Chief Okoya’s friends recognized a connection to her family. The friend knew her mother and grandmother, and later, her uncle informed her grandmother about Chief Okoya’s intentions.
This family connection played a role in solidifying the relationship. Shade also remarked that Chief Okoya’s honesty and directness about his intentions impressed her, as he was clear that he wanted a wife without delay. Over time, their bond deepened, and they built a strong foundation for their marriage.
Philanthropy and Recognitions
Shade Okoya is deeply committed to giving back to society. She sponsors the Folashade Okoya Kids Cup, an annual event that celebrates children during Christmas in collaboration with the Lagos State Grassroots Soccer Association.
She also provides scholarships to ten students each year, empowering young Nigerians to pursue higher education.
Additionally, Shade organizes annual pilgrimages for Muslims to the holy land, reflecting her dedication to faith and community service.
In recognition of her contributions, she has received numerous accolades, including an Honorary Doctorate in Business Management and Corporate Leadership from the European American University.
She has also been honored with prestigious traditional titles such as the Bewaji of Lagos and Yeye Oge of Epe Land.
Frequently Asked Questions
How has Shade Okoya influenced Eleganza Group?
Shade Okoya’s influence on Eleganza Group is profound. She has introduced innovative strategies that have boosted production efficiency and reduced operational costs. Her focus on quality and sustainability has positioned the company as a leader in Nigeria’s manufacturing industry.
What are some of Shade Okoya’s philanthropic efforts?
Shade Okoya actively supports education and community development through scholarships and sponsorships. Her annual pilgrimages and the Folashade Okoya Kids Cup are notable examples of her commitment to societal well-being.
What is the secret to Shade Okoya’s enduring marriage?
The secret to Shade’s enduring marriage with Chief Razaq Okoya lies in mutual respect, shared values, and open communication. Their strong bond is further strengthened by their collaborative efforts in business and family life.
