• Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
No Result
View All Result
Federal Character
No Result
View All Result
I Earn My Own Money, I’m Not Living Off My Father’s Fortune - Raheem Okoya

I Earn My Own Money, I’m Not Living Off My Father’s Fortune – Raheem Okoya

Ayobami OwolabibyAyobami Owolabi
3 months ago
in Entertainment
Reading Time: 2 mins read
A A
0
Facebook ShareWhatsapp ShareX Share

Raheem Okoya, son of billionaire industrialist Rasaq Okoya, has dismissed claims that his growing music career and corporate success are built solely on family wealth, stressing that he works for his income and attracts independent investors.

The 22-year-old Executive Director of Eleganza Industries made this known during an interview with BBC News Yoruba, shared on Instagram on Tuesday, where he addressed public assumptions about privilege and entitlement.

“I work. I have a salary that I earn. I have investors. People believe in my music. They put money behind it,” he said.

Balancing leadership responsibilities at Eleganza with his passion for music, Okoya explained that his father deliberately raised his children to understand discipline, commitment, and self-reliance.

I Earn My Own Money, I’m Not Living Off My Father’s Fortune - Raheem Okoya

“My dad wasn’t born rich. He tries to instil those values in his kids. He wants his kids to also be able to work and build a fortune rather than just spend and destroy,” he added.

Despite heading one of Nigeria’s leading manufacturing companies at a young age, Okoya clarified that his rise was carefully planned, not sudden.

“I’ve been learning this position my whole life. From when I was in school, I’ve been shadowing my dad. It’s not an overnight thing. It’s been 10 years in the making,” he said.

However, he admitted that his age often subjects him to intense scrutiny.

“It’s definitely challenging. It’s a heavy responsibility. People already look at you. You’re young. They already want to doubt you. You always have to prove that you know what you’re talking about,” he noted.

The Isale Eko native also credited his upbringing for shaping his musical direction, recalling how Fuji legend King Wasiu Ayinde Marshal, popularly known as K1 De Ultimate, frequently influenced his early exposure to music.

“K1 is a legend. He used to ring in the corridors of my house,” he said.

Beyond business and music, Okoya said his greatest ambition is to make his father proud.

“I love my dad so much. He’s my number one hero, my mentor. I just hope I can really, really make him proud one day,” he said.

He also criticised what he described as deliberate distortion of his image by sections of the media.

“I don’t like fake news. I hate fake news. It cuts in my head. The media likes to put me up as a villain. They know what gets people riled up and moving. It’s not always the truth,” he said.

“They will take a little thing or completely change the narrative and perspective on me. It’s not nice. It’s painful.”

Tags: Entertainmentfederal characterFortunemoneyNewsNigeriaRaheem Okoya
Share234SendTweet146
Ayobami Owolabi

Ayobami Owolabi

Owolabi Ayobami is an emerging entertainment journalist, dedicated to delivering the latest scoop on Nollywood, music, and celebrity culture. With a keen eye for detail and a passion for storytelling, he brings fresh insights and perspectives to the entertainment beat.

Related Stories

How Stage 4 Liver Cancer Took Alex Ekubo

How Stage 4 Liver Cancer Took Alex Ekubo

byEriki Joan Ugunushe
0

The Nigerian film industry is in a state of absolute shock. News is filtering out that one of Nollywood's most beloved "lover boys," Alex Ekubo, has reportedly passed...

Remembering Cesária Évora, The Barefoot Diva Who Put Cape Verde On The Map

Remembering Cesária Évora, The Barefoot Diva Who Put Cape Verde On The Map

byAyobami Owolabi
0

Before Cesária Évora became an international music icon, Cape Verde’s musical traditions were largely unknown outside the small Atlantic archipelago. That changed in 1992 when her album Miss...

Mexican Singer Junior H Discusses Corrido Criticism With President Sheinbaum

Mexican Singer Junior H Discusses Corrido Criticism With President Sheinbaum

byAyobami Owolabi
0

Mexican lawmakers have for years struggled to balance the country’s fight against drug cartel violence with the global rise of corridos tumbados — a music style critics say...

How YouTube Became Nollywood’s Biggest Cinema Despite Never Being Built For Films

How YouTube Became Nollywood’s Biggest Cinema Despite Never Being Built For Films

byAyobami Owolabi
0

For years, Nollywood filmmakers relied heavily on cinemas, DVDs, television stations, and streaming platforms to distribute movies to audiences across Nigeria and beyond. Today, however, one platform has...

Next Post
Anikulapo: The Ghoul Awakens Review — Stunning Visuals, Lacks Narrative Focus

Anikulapo: The Ghoul Awakens Review — Stunning Visuals, Lacks Narrative Focus

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We bring to you precise and factual news

Recent Posts

  • 2026 World Cup Fans Face Strict Stadium Rules on Bags, Horns and Water Bottles
  • Pochettino faced with a massive decision in terms of selection for the USA World Cup squad
  • Thomas Frank & Ange Postecoglou to go head-to-head on World Cup punditry this summer

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • About
  • Advertise With Us
  • Cookie Policy

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health

Copyright © FederalCharacter.com 2026 .