Ned Okonkwo (also known as Kennedy Okonkwo), the founder and CEO of Nedcomoaks Limited, has been recognized as the Most Enterprising CEO of Real Estate Development Company of the Year at the Africa Housing Awards 2025. This prestigious honor is a testament to his transformative impact on Nigeria’s real estate sector, driven by a blend of entrepreneurial resilience and forward-thinking innovation.
In less than a decade, Okonkwo started Nedcomoaks with zero capital and propelled it into the ranks of Nigeria’s leading developers, now boasting annual revenues exceeding billion and providing employment for thousands.
Redefining the Nigerian Skyline
Okonkwo’s 15-year career has been marked by a commitment to redefining affordable housing, particularly in high-demand areas like Lekki and Ajah. Nedcomoaks Limited has a robust portfolio that includes landmark projects such as Citadel Views 2.0, Victoria Nest 2, and Capital Loft.
Crucially, Okonkwo has spearheaded a move toward sustainable development. Demonstrating remarkable adaptability, he founded Citadel Views in 2021 as a response to rising energy costs, focusing specifically on:
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Renewable Energy: Developing estates powered by solar energy solutions (e.g., Citadel Oasis), championing environmentally friendly housing.
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Smart Infrastructure: Integrating modern architectural designs and robust, smart features to deliver secure and comfortable living experiences.
Beyond Business: Impact and Philanthropy
Okonkwo’s influence extends far beyond property development. A passionate advocate for the socioeconomic benefits of real estate, his philanthropic efforts are focused on community empowerment and youth development:
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Community Support: Sponsoring initiatives like the Eti Osa community Oba’s Cup.
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Talent Development: Establishing the Kennedy Okonkwo Programme for Tech Entrepreneurs to foster the next generation of innovators.
With a strong academic background, including an MBA from Lagos State University, Okonkwo has leveraged his expertise spanning real estate, renewable energy, and finance to set new industry standards, ensuring that Nedcomoaks Limited remains at the forefront of driving sustainable growth in the Nigerian housing landscape.
