Business
Exchange Rate: Nigerians In Diaspora At Vantage Position To Invest In Real Estate Now – Realtor Adeyemo
Exchange Rate: Nigerians In Diaspora At Vantage Position To Invest In Real Estate Now – Realtor Adeyemo
…As Pelican Valley Takes Products To December ‘2nd Property Portfolio Show In London
…Set To Attract Over One million pounds Investment To Ogun
By Rebecca Adeniran, Abeokuta
Foremost realtor, Dr. Babatunde Adeyemo, has declared that given the prevailing current exchange rate that placed foreign currencies like the pounds sterling and dollars ahead of the Naira, there is no better time for Nigerians living abroad to invest their idle funds in the lucrative real estate business back home than now.
Dr. Adeyemo, who is the Chief Executive Officer(CEO) of Pelican Valley Nigeria Limited, said Nigerians living in the UK, United States, Canada or Ireland are at a advantageous position to grab the favourable exchange rate climate that placed more value on the pounds, dollars and euros today, urging them to channel their funds to the secured and high R.O.I real estate business of Pellican-Valley Nigeria Ltd.
“It is good for people to invest now, most especially Nigerians in diaspora, they are really in advantageous position because the exchange rate is favourable to them and they can easily key into real estate business and it will multiply their Return on Investments (ROI). So, it is a good opportunity for them to key into the real estate business now,” he said.
adeyemo who is a recently inducted ECOWAS Youth Ambassador and anti curruption ambassador gave the advice in an exclusive interview with our reporter, revealing that Pelican Valley Nigeria Limited had been billed to show case its range of products, offer real estate advisory and also flash his proven, secured real estate investment at the forthcoming London AVI Networking Event 2023, which will be focusing on property portfolio management, investments in Nigeria.
He explained that the event slated for December 2, 2023 in London, is being put together by equally a London – based Avenue Impact Training & Consulting Limited, a firm that assists immigrants with the necessary trainings required to take informed business decision in terms of career choice, field of endeavours and the better place that can help them achieve their legitimate life ambitions.
Ambassador Adeyemo expresses the confidence that the multiple award winning Pelican Valley Nig Ltd would be attracting to the Gateway State no fewer than One million Pounds investments from the Property Portfolio and Management Investments event in London, saying the project is going to be mutually beneficial.
On the London, AVI Networking Event 2023
What AVI is trying to do now is that, having helped her members to fully integrate into the system, they are now propelling members to take an informed decision on how to invest their hard earned funds wisely. The beauty of travelling abroad is to bring all goodies acquired over there back home successfully. The AVI have actually independently conducted their research and due diligence on Pelican Valley Nigeria Limited and they have now successfully helped their members to take a wise and informed investment decisions about a viable and trustworthy organisation that their members can invest their funds in and have peace of mind. I think they really researched about us, checked our track records, goodwill, delivery and realised that we are of good reputation before reaching out to me personally to come over to London and enlighten their members on how to take a full advantage of the real estate investment in Nigeria through PelicanValley.
Real estate business is highly lucrative and if I, could personally take it from almost the lowest strata of the society to this level that God has placed us, I can also help those that have the funds too, not only those with idle funds but also others that are looking at those positive and secured investments that would break-even and give a high RoI within a short period of time.
There is something you cannot take away from real estate business, that is Integrity and Goodwill. You need integrity to make your business thrive and not to cut corners of cheat investors.
You need to invest with someone with a proven track records of integrity and goodwill so that your real estate investment can be secured. Let me shock you, 90% of Nigerians in diaspora who are investing in real estate had actually got their hands burnt, because most of them are unable to reach out to realtors who can secure their investments. And it takes someone with clean character, prudency and great integrity to secure real estate on behalf of any individual. It is very evident in our track record that we have been into this real estate business for almost 14 years now without a single court or police case and when you check our reviews, u will discover that we have 100% positive reviews on all our public platforms. So, it would be a wonderful opportunity for those that are willing to invest and get a high RoI to take full advantage. Take for instance the Pelican Valley Estate which we started selling land there at N800k about eight years ago,today, a plot of land there is N20million, also Pelican Brief Estate in Kobape, we started selling land at N785k but today, it is N5million per plot. I know in the next three years, it will shoot up to N10million. So, it is good for people to invest now, most especially Nigerians in diaspora, they are really in vantage position because the exchange rate is favourable to them and they can easily key into real estate business and it will multiply RoI for them. So, it is a good opportunity for them to key in.
On Pelican Valley Products
We are taking the “REAL” products to them in London, first of all, the Pelican Valley Estate, Laderin, where unusual homes happens. Plelican Valley has one of the most beautiful landscape, most unique ambience and serene environment one cannot find in the whole Southwestern part of Nigeria. It is so natural and you can’t see something like it anywhere in the Southwestern part of Nigeria. It took us almost seven years to achieve such scenery ambience and landscape. We introduced it 8 years ago with #800,000 but now #20m per plot…Fully energised with you a 500kv electric transformer, four Fully armed security guards, all drainages done, two gardeners and all major roads interlocking.
Other products like Pelican-Brief Estate,Kobape, where we are igniting a Smart City. Pelican Brief is presently the fastest growing estate in Ogun State today. We started selling Pelican Brief with meagre N785k per plot three years ago but today, a plot is N5million.
Presently, we have four armed security guards on site and two gardeners working daily. We have also launched a N1billion road construction intervention scheme using interlocking stones for our majour roads in the first phase of road construction. We also have a 500 Kv transformer, fully energized, stepped down from a 33kv trunkline.
Every plot in Pelican Brief has electricity pole in front of it, with Fully energised serviced wires. It is the only estate that has a “FULL” GOVERNMENT APPROVED LAYOUT in Ogun State for the first three and half years of the present administration in Ogun State. Pelican Brief has so many fully subscribed diasporan clients, which influence the naming of some of our streets after their base, among those names are Ontario drive, Manitoba drive and so on..we cannot rule out the possibility of having a AVI drive or London avenue in the nearest future. Pelican Brief presently has over one hundred and fifty building approvals with over fifty ongoing constructions.
We’ve done all our beacon sheet (Ready-made registered surveys for all plots), when you buy our lands and pay in full, you get allocation almost immediately you are ready for development. These are type of products the Diaspora needs. The Estate is less than 15 minutes from the Prof. Wole Soyinka train station, which connects Ogun State to Lagos, Ibadan and in the long-term, all the 36 State capitals in the Nigerian Federation.
Another product is Pelican Ecostay apartments. Pelican Ecostay apartments is just one part of Pelican Brief Estate, there we have started building one bedroom studio apartments, two bedroom apartments, three bedroom apartments and three bedroom duplexes. So, Ecostay apartment is highly unique where everything there is going to be 100% eco-friendly. We have started planting trees there and the tree planting project cost us over N10 million. We want to make it a site – seeing and tourists attraction. We have placed order for three Camels, donkeys, peacocks to make the ambience scenery and natural. The building sites and the building is also fully approved by the Ogun state government, with provisions for a purpose built lounge, gym, mini club, recreation, skid gas station,green areas,open space and hospital.
Those are some of the unique advantages of our products, you can call it our unique selling points. We also have Pelican Valley Greenish Acres Farm Estate, which is a by – product of Pelican-Brief Estate and the Pelican”s Ecostay Apartments. The idea is to have a place not too far away from the estates whereby our clients and residents can easily go to get fresh vegetables and farm products, to complement the dreams of Ecostay apartment and make people live natural and eat natural. We discovered that about 80% of our clients in the diaspora are 55 years old upward and most of them are ready to come back home in retirement and once they got home, they would need something to keep body and soul together. That was why we have the farm estate. It is about 1.5kilometer away from the Pelican Brief Estate and Pelican’sEcostay Apartments. They can just take a walk up from their houses to their farms, eat fresh vegetables that the body needs and jug back home. It is a way of promoting wellness and healthful living and future. So, those are the products we are planning to introduce to Nigerians in diaspora startedfrom London, this December, Gods willing. Our ranges of products are interwoven, interconnected and interrelated.
Investment In View
In the interim, we are looking at well over a million pounds investment in London, that is about One Billion Naira investment coming to Ogun state. We are looking at the prospect of attracting over One million pounds investment to Ogun State through the AVI Networking Event 2023 in London.
FirstBank Makes Home Ownership Possible for Nigerians with Single-Digit Interest Rate Loan
For millions of Nigerians, homeownership has long felt like an ambition deferred. Squeezed by rising property prices, persistent double-digit inflation and high commercial lending rates, the dream of owning a home has remained just that – a dream.
But that narrative is quietly changing. Thanks to FirstBank.
The N1 Trillion Intervention Reshaping Access
In partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), FirstBank has unveiled a mortgage opportunity that could redefine access to housing finance in Nigeria.
Backed by the Federal Government’s N1trillion mortgage fund, the initiative is designed to empower Nigerians with affordable, long-term credit to own their homes.
9.75% Interest Rate in a 30% Lending Environment
MREIF is priced at 9.75% per annum, dramatically lower than prevailing commercial loan rates. Eligible Nigerians can access up to N100 million and repay within 20 years. This translates into significantly more manageable monthly repayments and greater long-term financial stability.
Built for Salary Earners, Entrepreneurs and the Diaspora
The MREIF mortgage facility has been structured to be inclusive. It is available to salary account holders, business owners and diaspora customers. Whether you are a young professional aiming to exit the rent cycle, an entrepreneur building generational stability, or you’re a Nigerian abroad looking to secure assets locally, the product opens a pathway that has historically been out of reach for many.
Taking the First Step
For those who have been waiting for the right time, this is definitely it. The question is no longer whether homeownership is possible. The real question is: will you act before the window narrows?
Visit https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ and in no time you could be the latest homeowner in town.
Alpha Morgan Bank Deepens Presence in Abuja with New Branch in Utako
Marking another milestone in its expansion drive, Alpha Morgan Bank has opened a new branch in Utako, Abuja, reinforcing its strategy of building closer institutional ties within key business communities and bringing its financial expertise closer to individuals, and enterprises driving the city’s growth.
The new branch, located at Plot 1121 Obafemi Awolowo Way, Utako, Abuja is strategically positioned to serve individuals, entrepreneurs, and corporate clients within Utako and surrounding districts.
The expansion follows the Bank’s recently concluded Economic Review Webinar held in February 2026, as the bank continues to position as a thought-leader in the financial services industry.
Speaking on the opening, Ade Buraimo, Managing Director of Alpha Morgan Bank, said the move underscores the Bank’s commitment to accessibility and service excellence.
“Proximity matters in banking. As communities grow and commercial activity expands, financial institutions also evolve to meet customers where they are. The Utako Branch allows us to deliver our services to people in that community efficiently while maintaining the high standards our customers expect,”
The Utako location will provide a full suite of retail and corporate banking services, including account opening, deposits, transfers, business banking solutions, and financial advisory support.
Customers and members of the public are invited to visit the new Utako Branch to experience the Bank’s approach to satisfying banking.
Dangote Refinery Prioritises Domestic Supply Amid Global Energy Turbulence
By George Omagbemi Sylvester | Published by SaharaWeeklyNG
“Nigeria insulated from international fuel shocks as Dangote Petroleum commits to uninterrupted local delivery.”
Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to prioritising the domestic market, pledging to shield Nigerians from the ripple effects of ongoing global energy disruptions. The assurance, delivered in Lagos on 5 March 2026, comes as international refinery operations experience shutdowns or reduced output due to escalating Middle East geopolitical tensions, which have sent crude oil and petroleum product prices soaring worldwide.
“Our mandate remains clear: Nigeria’s local market takes precedence. In times of global supply shocks, we will continue to ensure that domestic availability of petrol, diesel, and kerosene is uninterrupted,” said Mr. Folorunsho Alakija, spokesperson for Dangote Petroleum Refinery.
The refinery’s declaration arrives amid mounting concerns over fuel scarcity, triggered by export restrictions imposed by major international producers, including China, and shipping delays that have further tightened global petroleum supply chains. Industry analysts have hailed the domestic focus as a critical buffer against volatility that could otherwise push Nigeria into deeper energy insecurity.
Domestic Shield Against Global Disruption
Dangote Refinery, Africa’s largest oil processing facility, has leveraged its multi-million-barrel refining capacity to mitigate Nigeria’s historical dependence on imported petroleum products. The company emphasised that prioritising local supply provides a strategic advantage in insulating the nation from international market shocks.
“Our refinery’s scale allows Nigeria to withstand short-term external disruptions. We have the infrastructure and capacity to meet local demand even when global supply chains falter,” explained Mr. Chijioke Okonkwo, Operations Director at Dangote Refinery.
The proactive approach is particularly significant as several international refineries have either reduced throughput or temporarily halted operations, causing a global scarcity of refined products. Experts warn that without domestic cushioning, fuel prices in Nigeria could have surged sharply, exacerbating inflationary pressures in a fragile economy.
Managing Costs While Prioritising Supply
In response to rising procurement costs for crude oil amid the international crisis, Dangote Refinery introduced a modest ₦100 per litre increase in the ex-depot price of Premium Motor Spirit (PMS), absorbing roughly 20 percent of the cost escalation to lessen the impact on consumers.
“We are balancing operational sustainability with affordability. While global prices have risen sharply, we have chosen to absorb a significant portion to protect Nigerian households and businesses,” noted Mr. Emmanuel Adeyemi, Chief Finance Officer.
This pricing strategy underscores the refinery’s dual focus: ensuring uninterrupted supply while cushioning the public from abrupt spikes that could destabilize economic activity. Industry observers have lauded the approach as pragmatic, considering the volatility in international oil markets.
Strategic Distribution Initiatives
Beyond refining, Dangote Petroleum has initiated Compressed Natural Gas (CNG) powered trucks to enhance nationwide distribution efficiency. The initiative seeks to reduce logistics costs and carbon emissions while ensuring a more reliable delivery network to petrol stations across urban and rural areas.
“Logistics is a critical part of the energy supply chain. By deploying CNG-powered trucks, we reduce dependency on expensive diesel, lower delivery costs, and improve supply reliability across the country,” explained Ms. Funke Adedoyin, Head of Logistics Operations.
This strategic move reflects a broader commitment to modernising Nigeria’s petroleum distribution infrastructure, reducing bottlenecks that have historically contributed to scarcity at retail outlets.
Implications for National Energy Security
Nigeria has historically struggled with fuel imports to meet domestic demand, making the country vulnerable to international market fluctuations. Dangote Refinery’s prioritisation of local supply mitigates this vulnerability by leveraging home-grown refining capacity, which allows for timely access to petroleum products and less reliance on foreign shipments.
“With Dangote Refinery leading local prioritisation, Nigeria is less exposed to global fuel shocks. The country is moving towards self-reliance in petroleum product supply,” commented Dr. Halima Suleiman, energy sector analyst.
Experts note that sustained operations at the refinery not only enhance energy security but also preserve foreign exchange, reduce import bills, and stabilise domestic market prices.
Corporate Social Responsibility and Market Stability
The refinery’s commitment is part of a broader corporate responsibility framework. Dangote Petroleum continues to engage with government agencies and regulatory bodies, ensuring that domestic supply is coordinated with Nigeria’s Petroleum Product Pricing and Regulatory Agency (PPPRA) to prevent panic buying and market distortions.
“We are in constant consultation with the government to ensure that our supply strategies align with national economic priorities,” said Mr. Alakija.
Such collaboration helps avert artificial shortages, stabilises pump prices, and maintains confidence in the domestic fuel market. Analysts argue that this approach exemplifies how private sector capabilities can complement governmental policies to enhance national resilience.
Navigating Global Uncertainties
The refinery operates in a complex global environment, where geopolitical crises, shipping constraints, and crude oil volatility can trigger disruptions. Dangote Petroleum’s domestic-first approach positions Nigeria to weather such crises more effectively.
“Global uncertainties are unavoidable, but our infrastructure and strategy ensure that Nigerians remain insulated from immediate shocks,” said Mr. Okonkwo.
This emphasis on resilience aligns with global best practices, where national refining capacity is leveraged to protect local markets from international supply disruptions.
Stakeholder Reactions
The government, civil society, and industry stakeholders have welcomed Dangote Petroleum’s strategy. Officials from the Federal Ministry of Petroleum Resources noted that prioritising local supply aligns with Nigeria’s energy security policies and reduces the burden of foreign exchange expenditures on crude imports.
“Dangote Refinery is demonstrating leadership. Its domestic prioritisation ensures that the Nigerian economy remains insulated during turbulent global markets,” said Dr. Tunji Olumide, Special Adviser on Energy.
Consumers have also expressed cautious optimism. Retail operators and commuters reported steadier fuel availability in Lagos and other cities, though concerns remain about sustained pricing and distribution efficiency.
The Road Ahead
While Dangote Refinery’s strategy provides immediate relief, experts argue that long-term stability requires further investments in alternative energy, diversified refining infrastructure, and strategic reserves. This ensures that Nigeria can withstand global shocks without relying excessively on imports or temporary supply adjustments.
“Short-term measures like prioritising local supply are critical, but long-term energy security demands diversification, renewables adoption, and consistent policy implementation,” said Dr. Suleiman.
The refinery is exploring additional initiatives, including expanding storage capacity, upgrading pipeline networks, and adopting technology-driven monitoring systems to ensure supply continuity across the country.
Final Take
By prioritising domestic fuel supply amid global market turbulence, Dangote Petroleum Refinery and Petrochemicals has demonstrated its role as a stabilising force in Nigeria’s energy sector. Through strategic logistics, modest pricing adjustments, and engagement with government regulators, the refinery is insulating the nation from international shocks while maintaining operational sustainability.
“Our responsibility extends beyond profitability; it’s about ensuring Nigerians have reliable access to essential fuel. We take that mandate seriously,” concluded Mr. Adeyemi.
The refinery’s actions offer a blueprint for how large-scale domestic capacity can protect national economies in times of global energy instability, underscoring the critical intersection of private sector resilience, public policy, and national energy security.
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