Let’s uncover the fascinating Dr Shade Okoya biography.
Chief (Dr.) Mrs. Folashade Noimat Okoya, widely known as Shade Okoya, stands as one of Nigeria’s most influential female industrialists. Born into a humble Muslim family, she rose through perseverance, strategic thinking, and a deep passion for business to become a powerhouse in the Nigerian manufacturing sector.
She is the Managing Director and CEO of Eleganza Industrial City Limited, one of West Africa’s largest privately owned manufacturing companies. Her story is one of determination, growth, and impact—both in business and philanthropy.
Over the years, she has shattered stereotypes, balancing the demands of family, religion, and a male-dominated industry with grace and efficiency.
Folashade Noimat Okoya Biography
| Attribute | Details |
|---|---|
| Full Name | Chief (Dr.) Mrs. Folashade Noimat Okoya |
| Nickname | Shade Okoya |
| Date of Birth | April 25, 1977 |
| Place of Birth | Lagos State, Nigeria |
| State of Origin | Ogun State (Ijebu Ode) |
| Nationality | Nigerian |
| Religion | Islam |
| Marital Status | Married to Chief Razaq Akanni Okoya |
| Number of Children | Four (Olamide, Subomi, Oyinlola, Wahab) |
| Education | BSc in Sociology, University of Lagos |
| Occupation | MD/CEO, Eleganza Industrial City Ltd. |
| Awards & Recognition | MON, Honorary Doctorate, Business Executive of the Year |
Early Life and Education of Dr. Folashade Noimat Okoya
Shade Okoya was born on April 25, 1977, into a modest Muslim home in Lagos State. Her father, Alhaji Tajudeen Adeleye, and mother, Alhaja Nimota Adeleye, instilled in her the values of hard
work, discipline, and faith. Originally from Ijebu Ode in Ogun State, Shade’s upbringing was shaped by both Islamic teachings and an environment that encouraged education.
She attended St. Bernadette Nursery and Primary School in Lagos, where she displayed a strong affinity for learning. Later, she moved on to Awori Comprehensive High School, graduating in 1991.
Eager to explore the world of finance and business, she enrolled at Lagos State Polytechnic, Isolo, earning a National Diploma in Banking and Finance. Her academic pursuit culminated with a Bachelor of Science degree in Sociology from the prestigious University of Lagos in 2004.
Dr. Folashade Noimat Okoya Career and Achievements
Shade’s business acumen became evident soon after her marriage to Chief Razaq Akanni Okoya, Chairman of the Eleganza Group. Under his mentorship and her relentless drive, she joined the family business and quickly distinguished herself.
She now leads as the MD/CEO of Eleganza Industrial City Ltd., overseeing operations, innovation, and expansion.
Her leadership has led to several milestones: a monthly production rate exceeding 300,000 cartons, a consistent 100% target achievement for five consecutive years, and a dramatic reduction of production waste from over 2.5% to less than 0.5%.
Furthermore, she cut factory running costs by 45% while maintaining international quality standards. These accomplishments reflect her strong commitment to efficiency and sustainability.
Dr. Folashade Noimat Okoya Personal Life
At age 21, Shade married the much older Chief Razaq Okoya in May 1999. Despite the age gap, their union has flourished, built on mutual respect, shared goals, and strong family values.
Their marriage has been a subject of public interest, often hailed as a perfect blend of tradition and modernity.
The couple resides in their expansive Lagos mansion, where they raise their four children: Olamide, Subomi, Oyinlola, and Wahab. Shade has often spoken about the importance of family, faith, and balance in her life.
She credits her ability to juggle multiple roles to time management, self-discipline, and the unwavering support of her husband.
Dr. Folashade Noimat Okoya Children and Legacy
Shade is a proud mother of four children—Olamide, Subomi, Oyinlola, and Wahab Okoya. Each child is being raised with a deep appreciation for education, discipline, and family values. Olamide, the eldest, is showing early interest in corporate management and often accompanies his parents to business functions.
Subomi and Oyinlola, both academically inclined, are exploring fields ranging from arts to entrepreneurship. Wahab, the youngest, has been described as curious and quick-witted, displaying an early knack for technology.
Although still in their formative years, the Okoya children are gradually being introduced to the business and philanthropic principles that define their family legacy, ensuring the torch of leadership and service is passed on.
Awards and Recognition
Her exceptional contributions have not gone unnoticed. In 2014, she received an Honorary Doctorate in Business Management and Corporate Leadership from the European American University. That same year, she was awarded Business Executive of the Year by the International Centre for Corporate Leadership for Africans and Blacks in Diaspora. In 2022, President Muhammadu Buhari conferred on her the national honor of Member of the Order of the Niger (MON), recognizing her impact on the Nigerian economy.
Philanthropy and Social Impact
Shade is a committed philanthropist. Through various initiatives, she supports education, youth empowerment, and religious development. She sponsors the annual Folashade Okoya Kids Cup and offers scholarships to deserving students. Additionally, she funds religious pilgrimages to Mecca for several Muslims every year, reaffirming her spiritual and social commitments.
Dr. Folashade Noimat Okoya Recent News
In April 2024, Shade Okoya celebrated her 47th birthday alongside her 25th wedding anniversary. The event was a star-studded affair, attended by dignitaries from business, politics, and entertainment. It also marked a reflection of her journey, reaffirming her status as a role model for young Nigerian women. She continues to steer Eleganza Industrial City toward continental relevance with plans to expand into ECOWAS markets.
Frequently Asked Questions
What is Dr. Shade Okoya known for?
She is best known for transforming Eleganza Industrial City into a manufacturing giant in West Africa. Under her leadership, the company has seen unprecedented growth and modernization.
How did Shade Okoya become successful?
Her success stems from a blend of academic excellence, strategic mentorship, hands-on leadership, and an innate business instinct. Her close collaboration with her husband and her focus on innovation were key drivers.
What philanthropic work does she do?
Shade funds scholarships, sports competitions, and religious pilgrimages. Her philanthropic focus is primarily on youth development and religious empowerment.
What sets her apart from other Nigerian businesswomen?
Her ability to balance tradition, modern business practices, and family life uniquely positions her as a powerful example of dynamic African womanhood.
