If you’ve been scrolling timelines this week, Razaq Akanni Okoya, the billionaire founder of the Eleganza Group, just set the internet ablaze with one of the most talked-about succession stories in Nigerian social media recently.
📅 Timeline — How This Unfolded
📌 Feb 20–22, 2026
Okoya’s son Raheem Okoya, also known as Siraheem, went viral for describing his father’s family situation — 26 children from nine women — and gave viewers insight into the family dynamics. That video spread widely and got people talking about succession and inheritance.
📌 Feb 24, 2026
Chief Rasak Okoya himself addressed the conversation directly in what quickly became a widely shared video clip. In that video, he talked about how he plans to hand over his business empire to the children he has with his wife, Chief Mrs Shade Okoya, rather than following traditional expectations that might favour his older children from previous relationships.
This is the key fact: Okoya didn’t just casually mention this offhand — he explained his reasoning clearly.
In the interview, he said:
“They must learn things the way we are doing it — they hold the future. At 79 years old, I have to pass it on to them. I don’t want them to fail like their senior ones.”
His emphasis was on preparedness and experience — not just letting inheritance happen by default.
He pointed out that:
He’s been actively training his younger kids in the business so they understand how to manage it.
One of his daughters currently lives in Europe, but she’s still brought home so she can learn on the ground.
Experience first, then discipline: focus, honesty, determination, punctuality — those are his criteria for the next generation.
Importantly, Okoya framed this as ensuring that the empire survives and grows rather than collapsing or being mismanaged.
📊 Reactions Across Social Media (Receipts)
Once the video circulated, Nigerians took to X and Instagram with mixed opinions:
🔥 Supporters say his approach makes business sense — handing over a legacy should favour prepared children over unprepared heirs.
💬 Some even defended him, saying training the next generation is more important than simply signing a will.
🤨 Critics called the public disclosure “irresponsible” — suggesting that publicly favouring younger kids could create family drama, especially in a household with many siblings.
💣 Others predicted potential feud between older and younger children after his eventual passing.
This isn’t just a billionaire sharing family plans — it touches on deeper cultural and social themes that Nigerians always care about:
✔️ Wealth and succession in polygamous families
✔️ The role of grooming vs inheritance
✔️ Legacy — whether billions can guarantee peace or fuel conflict
And keep in mind: Okoya hasn’t officially announced the legal will yet — what he shared so far is his intention and philosophy toward succession, not a signed legal testament.
Whether you think Chief Okoya is strategic or controversial, this is exactly the kind of story that keeps timelines buzzing — and it comes with actual video clip receipts, quotes from Okoya himself, and real social media reactions.
If you want, I can also break down netizen replies and meme reactions to this saga for extra spice. 👀
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