Pelican Estate Has Attracted Over 1,000 Investment From Nigerians In Diaspora - Pelican CEO

Dr. Adeyemo presenting the Gateway Autarky project prototype to the Commissioner for Physical Planning, Tpl. Odunlami

ABEOKUTA- The chairman and CEO of Pelican Valley Nigeria Limited, Dr. Babatunde Adeyemo has disclosed that his real estate company has attracted over 1,000 investments from Nigerians in diaspora to Kobape, which according to him, has created corresponding job creation for the youths.

Adeyemo stressed further that, the emergence of his real estate firm, Pelican Brief Estate along Kobape corridor had played an integral role in generation of revenue for the state government through stamp duties, building approval levies from clients and investors.

The Pelican CEO disclosed this on Friday during a courtesy visit to the Ogun State Commissioner for Physical Planning and Urban Development, Tpl. Tunde Odunlami.

The estate merchant equally enjoined the Ogun State Government to embark on the construction of Mash/ Kobape road to dicongest Abeokuta city.

The pelican CEO noted that apart from the 1.5km committed acquisition boundaries, the strategic and prime status of Masha/Kobape road is expected to generate an estimated N30billion as direct and indirect taxes into the coffers of the Ogun State government within the next three years if the 3km single lane road is fixed.

He maintained that the road would also serve as a veritable means of decongesting the Kobape/Abeokuta expressway and also aid urban rural migration which would at the long run decongest Abeokuta city.

He, however, emphasized that to ignite the Gateway smart cities in line with Governor Dapo Abiodun's mantra urbanization lies not just in the hand of the government, but collective effort of the private investors and stakeholders in the real estate sector in the state.

"Pelican Brief estate had attracted over one thousand  investments from Nigerians in Diaspora to Kobape. This project had banked on various infrastructure development mainly the 33KVA trunk line project done by the Olusegun Osoba led administration, a project of an estimated value of over five hundred million done over two decades ago.

"However, this infrastructure had laid fallow over the years and remained untapped and underutilized, until the advent of our company, Pelican valley Nigeria LTD. 

"To us  this is just a starting point as we are set to ignite some projects within the Kobape region that will help aid, sustain and generate more revenue to the coffers of the state government and also aid controlled development and proper planning and Urbanization."

Speaking on the proposed Pelican's/Gateway Economic Autarky Project, Adeyemo explained that the project contains three sub project namely; the Pelican's Ecostay Apartments, Pelican Brief Estate, Pelican's Greenish Acres Farm Estate and pelican Farm Market.

According to him, the Pelican ecostay apartment evolves around building affordable homes for intended clients in a 100% eco-friendly environment which supports zero carbon emission in it usage. 

He stressed further that, the Pelican Brief Estate is set to be the very first smart city, with serviced plot allotment scheme which will be commissioned on September 11, 2022.

"However, in our bid to completely invigorate the economy of our Estates axis, our organization had concluded plans to launch the Pelican's Greenish acres farm Estate and also the Pelican's Farm Market, less than 1.5 kilometres away from our Estate projects in Kobape, come 11th of September 2022."

Responding, Tpl. Odunlami commended the Pelican management for their professionalism in providing affordable housing units for the people, assuring them of the state government’s support in fast tracking social amenities to the corridor.

Tpl Odunlami lauded the good work of the leading real estate, especially following due process with honesty in a saturated business environment. 

He added that, "I can confidently recommend you to anyone because I know that you follow due process with honesty in all your business dealings. I see the future of this state in the vision of your real estate firm, and believe you should be encouraged."

Tpl Odunlami added that, “this administration will do everything possible to encourage you and your vision, we believe the sky shall not be your limit, but a starting point."