Modupe Gbadeyanka
With Eleganza Group currently employing about 5000 people across Nigeria, ‘manufacturing is not another ideology that countries may or may not choose to practice, it is a key component for national growth,’ Chief Executive Officer of the manufacturing giant, Mrs Folashade Okoya, has told Forbes Africa.
Eleganza Group is rising to new heights and strengthening its position as a leading indigenous brand as well as one of the benchmark manufacturing companies in Nigeria.
In July, Mrs Okoya, who has been in charge of the firm over the past decade with her husband, Mr Razak Okoya, published an OpEd titled ‘Nigeria’s Manufacturing Power Couple on the Future of Manufacturing in Nigeria.’
The article, which featured in the prestigious Forbes Africa magazine, examines the need for greater automation in the manufacturing processes as well as the trends that will influence the competitive Nigerian manufacturing sector in the next decade.
Mrs Okoya has used her entrepreneurial drive to strengthen the goodwill of the organization and its corporate positioning in Nigeria.
At a time when the manufacturing sector has been dominated by men because it was considered to be too challenging for women, she has used her entrepreneurial prowess to show the relevance of women in the sector.
The manufacturing industry is contributing nearly 13 percent of the Gross Domestic Product (GDP) to the Nigerian economy and the husband and wife have contributed greatly to this quota by transforming a small trading company into one of the largest conglomerates and indigenous manufacturers of household products in Nigeria.
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