Raheem Okoya, the son of Nigerian billionaire industrialist and owner of Eleganza Group, Chief Rasaq Okoya, has sparked mixed reactions on social media after he claimed that every money he has today is the result of his own hard work and not his father’s wealth.
In a viral video shared on X (formerly Twitter), Raheem made the statement during an interview on Wazobia Max Television.
Raheem Okoya speaks about his source of wealth
He boldly stated that all the money in his bank account came from his personal efforts and dedication, insisting that he didn’t depend on his father’s riches.
In his words, he said: “Every penny in my account today, is base on what I do, it’s my hard and my sweat.”
Speaking further, Raheem explained that although he has already made his own money through his work and determination, he is still not where he wants to be in life. However, he admitted that he is currently comfortable with his progress.
Mixed reactions trail his statement
His comments quickly went viral and drew many reactions from Nigerians online, with many people sharing different opinions about his statement.
One user, Big Tee, wrote: “Easy to say when you’re born into comfort. Even if you don’t touch your father’s wealth, the network, exposure & safety net are already privilege. Being ‘self-made’ hits different when there’s no backup plan.”
Another user, Favochino, commented: “I have no issues with this statement, I just want to know what he does to earn the money.”
Ahmed Bakare also reacted, saying: “Because the beginning was very easy for him, if you start from the street you won’t fresh at all.”
On the other hand, Abubakar Sanni praised Raheem’s father, saying: “Love this type of billionaire father’s that force their children to make money 💸 No matter the amount of money they have. Because this will help them become financially independent even when their parents kpai.”
Another user, Tavershima, shared a balanced opinion: “Even though the money is from your hard work and dedication, the connection, influence, populace is as a result of your father. Simply put your dad is the indirect structure or foundation of your money.”
Nigerians debate meaning of ‘self-made’
Raheem Okoya’s statement has continued to trend as many Nigerians debate whether children of wealthy parents can truly be described as self-made.
Watch the video here…
Every naira in my bank account today is the result of my own hard work, sweat, and dedication — not my father’s wealth, — Raheem Okoya, son of billionaire industrialist Rasaq Okoya (Eleganza Group).
— Instablog9ja (@instablog9ja) October 6, 2025