Raheem Okoya, son of billionaire industrialist Razak Okoya, has addressed growing public criticism about his lifestyle and role in the family business, insisting that he is not simply living off his father’s wealth.

In a recent statement that has circulated widely on social media, Raheem clarified that at 22, he serves as an executive director at Eleganza Group and earns a salary for his work. His comments appear to be a direct response to online narratives suggesting that he enjoys a lavish lifestyle without contributing professionally.

“I’m 22 years old. I’m also the executive director of Eleganza. I hate fake news, and how the media likes to make people hate me, it’s painful. I’m not just spending my father’s money, I work too. I have a salary,” he said.

Eleganza Group, founded by Razak Okoya decades ago, is a major Nigerian conglomerate with interests spanning manufacturing, real estate, plastics, household goods and luxury products. The company remains one of Nigeria’s most recognized indigenous brands.

Raheem’s role within the company has previously been referenced in public business documents and corporate introductions, where he is listed as part of the leadership structure. His recent remarks, however, appear to reflect frustration with online commentary that often paints children of wealthy entrepreneurs as detached from real work.

The 22 year old has frequently trended online, largely due to his association with luxury cars, designer fashion and high profile appearances. Critics often question the source of his wealth, while supporters argue that being born into a business family does not automatically exclude someone from working within that enterprise.

In his statement, Raheem specifically mentioned the emotional toll of what he described as fake news and media narratives designed to stir negativity. His remarks have sparked debate across social platforms, with some users sympathizing with him and others maintaining skepticism.

Observers note that succession planning in family owned conglomerates often involves introducing the next generation into executive roles early, particularly in companies with long standing family leadership. In many cases, younger family members are integrated into strategic or administrative positions while gaining experience under senior executives.

While Raheem did not go into detail about his specific responsibilities at Eleganza, he emphasized that he receives compensation for his role, countering the perception that he relies solely on family wealth.

The conversation around his comments reflects a broader discussion in Nigeria about privilege, inherited wealth and public perception. Social media reactions have been mixed, with some applauding his transparency and others questioning the optics of young executives in family businesses.

Neither Razak Okoya nor Eleganza Group has released an official corporate statement in response to the viral comments. However, Raheem’s clarification has added a new layer to the ongoing online narrative surrounding his public image.

As discussions continue, his remarks highlight the complex intersection between legacy wealth, corporate succession and the scrutiny that often follows high profile families in Nigeria’s business landscape.