The Managing Director of Nedcomoaks Group, Dr. Kennedy Okonkwo, has stressed the need for stakeholders in the construction sector to collaborate to address the housing deficit across the country.
Okonkwo gave the charge during the 20th anniversary celebration of Nedcomoaks in Victoria Island, Lagos. He said that the housing problems in the country affect everyone, including the community, government and regulators, noting that stakeholders must come together to solve the housing shortage.
“On our part, we are doing our best to ensure affordable housing for all, regardless of their background. For every youth whose dream is to own a property, we are striving to make that dream a reality,” he said.
Okonkwo, who also acknowledged challenges in the sector, such as trust issues with diaspora customers and market volatility, said investors should exercise due diligence when hiring developers.
Meanwhile, the group has planned to host a 10-city roadshow, including the UK, US and Canada, with prominent Nigerian developers.
The initiative, he said, is aimed at restoring trust in diaspora customers and promoting investment in the Nigerian real estate sector. Okonkwo, who noted that the celebration marks a significant moment in his life, reflected on his journey from building a single bungalow in Oniru, Lagos to providing thousands of homes to Nigerians. from diverse backgrounds.
