Raheem Okoya, the son of billionaire industrialist and Eleganza Group founder Chief Razak Okoya, has ignited conversations by claiming that poverty is largely a mindset issue.

He expressed this viewpoint during a recent live session with content creator Carterefe, where they discussed themes of ambition, success, and personal development.

In the course of their chat, Raheem encouraged the youth to reconsider their perspectives on life, emphasizing that success starts with one’s mindset.

“My brother, poverty is a mindset. So far, you are thinking on a higher frequency; you c an always achieve. Don’t limit yourself,” he said.

He further described the brain as the most powerful gift from God and urged young people to use it wisely.

“In life, the brain is the most powerful tool, and God has given us that brain. It is a mindset, and if you can elevate yourself to always aspire for more…,” he added.

His recent comment sparked a variety of reactions across social media platforms. Some users supported his focus on self-confidence, while others pointed out that Nigeria's poverty is influenced by broader economic issues like inflation, unemployment, and limited access to opportunities.

Raheem has been in the spotlight before, especially regarding discussions about wealth and exclusivity.

In January, he launched a high-end bowling alley in Lagos, with membership fees reportedly set at $5,000 annually. A video circulated online in which he described the fee as affordable and promoted the venue as a luxury space for families and enthusiasts. The price drew criticism, particularly because he indicated the club primarily targets affluent individuals.

In October 2025, he also addressed rumors about inherited wealth in an interview on Wazobia FM, asserting that his income comes from personal effort.

“Yes, of course, I make my own money. I work and make my money. Every penny in my bank account today is based on what I do, my sweat,” he said.

He added, “I’m comfortable. It’s not like I’m where I want to be yet, but what I do can afford to feed me.”