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In The LEKKI Area Of LAGOS
A lot of Igbo Big Boys have made a significant impact in the Lagos real estate market. They are major players in the industry. Many of these individuals entered the sector with substantial Capital, often amounting to billions of naira. Their contributions cannot be underestimated. There is a common belief in certain circles that this Igbo Big Boys play a dominant role in land ownership in Lagos. This set of people are not just Igbo real estate billionaires, they are also friends. They roll together attend each other’s party. They club together and they are always seen together at parties. Many of them own properties along the Chevron axis/Ochird Road in Lekki, with their big real estate projects.
In this report, City People’s ISAAC ABIMBADE (08155107955) brings you 10 notable Igbo Big Boys in real estate who are also friends.
CHIEF SAMUEL ODINAMADU
Chief Samuel Odinamadu is a prominent name in the industry, serving as the Chief Executive Officer of SKC Properties Ltd. He is a leading player in property development in Lagos and is currently constructing housing units on Orchid Hotel Road, opposite Eleganza Bus Stop in Ikota, Lekki. His housing estates have become highly sought after by celebrities looking for luxury, comfort, and quality homes. Chief Samuel ventured into real estate a few years ago to fulfill a long-held ambition, transitioning from selling electronics in the Alaba market to becoming a successful property developer.
CHIEDU NWEKE
Chiedu Nweke is the Group Managing Director and CEO of Periwinkle Residences, a luxury real estate company in Lagos State. With over three decades of experience in law, real estate development, investment, transportation, logistics, oil waste management, and regulatory compliance, Chiedu is a dynamic leader. His vision is to establish a firm recognized as the most trusted brand in Nigeria’s real estate sector. In recent years, he has made significant contributions to the growth of real estate in Lagos, based on his extensive experience, including nearly three decades in law and 15 years in top management positions at reputable multinational firms. He conceived and founded Orange Island and Periwinkle Lifestyle Estate in Lekki Phase I.
CHIEF ISHMEAL EMEKA UDENKA
Chief Ishmeal Emeka Udenka is another influential figure in real estate who prefers to keep a low profile. He is known for more than 20 mini-housing estates, particularly in the Lekki-Ajah axis, specifically in Chevy View Estate. As the Chairman of Lucky Gardens Estates, Chief Udenka has been executing impressive housing projects over the last few years.
Jeffrey Agbim
Jeffrey Agbim is thriving in the construction sector as the CEO of Jedmoon Properties. Known for his focus on Luxury Housing, all his developments are meticulously designed, attracting numerous celebrities in Lagos. His projects are spread throughout the Lekki corridor, and he is also the mastermind behind the popular Conservation Centre in Lekki, known as JEDMOON Phase 1, 2, and 3. Recently, he acquired a black Rolls Royce and has just returned from an extensive tour of several European countries.
DAVID EZEODO
David Ezeodo, the Managing Director of Yankees Construction & Company, is a leading property developer based in Osapa London. He specializes in large-scale, luxurious housing projects aimed at affluent clients, distinguishing his work from that of common developers. Since relocating to Nigeria a few years ago, he has established himself as one of the top property players in the Osapa area, with most of his developments concentrated in a single location.
CHIEF EMEKA UZOETO
Chief Emeka Uzoeto is the CEO/Managing Director of 1st Homes Limited, a reputable construction company. He is recognized as one of the leading property developers in Lekki, having built over 40 mini-housing estates in recent years. His ongoing projects span areas including Osapa London, Victory Park, Agungi, and Chevron in Lekki. His remarkable projects have earned him respect among peers in the real estate industry. He has also made significant strides on the popular Orchid Road in Lekki.
OBIH TOCHI
Obih Tochi is the Managing Director and Chief Executive Officer of Woodland Estate. As one of the youngest Igbo billionaires in Lekki, he has constructed numerous mini-estates that stand out for their uniqueness. His properties cater to high-profile individuals and have built a strong brand in the luxury real estate market that many celebrities desire to associate with.
IFEANYI HARRY JEFFREY
Chief Ifeanyi serves as the Managing Director and Chief Executive Officer of Ocean Growth Properties, a real estate development company that has made its mark in the industry.
These individuals exemplify the impact and influence of the Igbo in the Lagos real estate sector, contributing to its growth while maintaining a relatively low public profile.
DR KENNEDY OKONKWO
Kennedy Okonkwo is one of the biggest property players in Lagos. And he is well known among other prominent property players in that axis. He is the founder and CEO of Nedcomoaks Limited, who has built several housing estates in the Lekki/Ajah corridors. He’s one of the Igbo billionaires in real estate sector who have contributed immensely to the development of the sector.
CHIEF FRANK OKAFOR
He has over the past 20 years, made remarkable progress in the real estate and hospitality industries. In 2019, he was elected President of Diamond Fitness Club. He is the Managing Director/Chief Executive Officer of Marcopolo Properties and Marcopolo Hotels and Suits in Lagos. Today, he runs a multi-million naira business empire. He’s one of the pioneers of real estate development in Lekki/Ajah corridors. He was born into an average family in Ojoto, Anambra State. He’s one of the 10 gang billionaires in real estate who are friends.