“I don’t want them to fail like the older ones” – Razaq Okoya opens up on plans for his wife’s children
Billionaire businessman, Razaq Okoya has revealed his plans for the children he shares with his wife, Shade Okoya, stating that he is preparing them to take over his empire.
Speaking during an interview on Arise TV, the 79-year-old said he is being intentional about grooming his younger children because they “hold the future.”
“I am holding these younger ones close so they don’t go astray like the older ones. At 79, I have to pass it on to them,” he said.
Okoya explained that beyond wealth, he is focused on instilling discipline and character in them.
According to him, experience and strong values are the foundation he wants to leave behind, not just money.
“Number one is experience. Number two, they have to learn how to be focused, honest, determined and punctual,” he added
He also disclosed that one of his daughters is schooling in Europe but is regularly brought back home to Nigeria to understand the family business structure.
He emphasised that although she is exposed abroad, she must understand local ideas and operations.
Elsewhere in the interview, the businessman credited Shade for strengthening and consolidating his empire.
He praised her dedication to the business and described her as fully in charge of operations.
“Shade was the one who consolidated my empire. She goes to the factory by 7am and comes back by 7pm. She is in charge of everything you see.”
Okoya added that he has no plans to take the company public, insisting it will remain a family business.
His comments have since stirred conversations online about succession planning and family dynamics in wealthy homes.
Watch video below…
"I don't want my current children to fa!l like their senior ones”
– Chief Razak Okoya speaks about handling over the future of his business to his and his last wife, chief Mrs Shade Okoya's younger children and he doesn't want them to fa!l like their senior ones pic.twitter.com/GMheQQbeu6
— Oyindamola🙄 (@dammiedammie35) February 24, 2026
