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.
NNPCL and Corruption’s Final Throes
By Pius Olasanmi
In the twilight of the Obasanjo administration, when Nigerians were still capable of being outraged, when Turn Around Maintenance (TAM) of refineries was a buzzword that still held some mysticism to bamboozle citizens, during a conversation, a certain man said something profound. The man said, “As a businessman, if I were the owner of these refineries, knowing that they are three decades old, I would take the last money I have, hire bulldozers, raze them to the ground, and obtain loans to build new ones.”
When we pressed him further on why he would engage in such waste, he explained that repairing the refineries is the real waste. He explained that even if the TAM were honestly carried out, a thirty-year-old refinery would never compete favourably with a new one that would integrate contemporary technology. Operating at its best, such a refinery would never be comparatively more efficient. It is therefore pointless to have spent another one naira on the refineries at that point.
A few months later, I had a conversation with a then-lawmaker on an entirely different matter. I mentioned that the National Assembly has failed by not crafting legislation that would criminalise and punish public office holders who foist wrong decisions on the country. The logic: a public office holder need not steal to be punished, wrong decisions should attract penalties for an office holder who opts for the worst of all options when there are less injurious ones.
These established premises speak to the ongoing nauseating efforts at revisionism by those who wrecked the Nigerian National Petroleum Company Limited (NNPCL) and its previous iteration, the Nigerian National Petroleum Corporation (NNPC). Notably, this campaign to rewrite history is traceable to Engineer Mele Kolo Kyari, the disgraced immediate past Chief Executive Officer of NNPCL and his hirelings. They have suffocated the news and the public opinion space with even more lies than they spun while in office.
The Saint Kyari campaign is anchored on convincing Nigerians that the Port Harcourt, Warri and Kaduna Refineries were fully functional when he was booted out of office. So brazen is the campaign that one of its talking heads challenged the group chief executive officer (GCEO), Engr. Bayo Ojulari, to “inform Nigerians categorically what happened to the functioning refineries he inherited from his predecessor, Engr. Mele Kyari.” The effrontery.
We have not forgotten so soon the charade that followed the baffling claim that Nigeria has spent $2.8 billion on the repair of the refineries, while they are not churning out even a single litre of refined product among them. Saint Kyari and his goons played all manner of tricks, all of which embarrassed President Bola Tinubu, who had counted on ticking off the return to productivity of the refineries as part of his achievements, only to realise that he was deceived into celebrating phantoms. Tragic.
Lest we forget, 200 trucks were arranged as props in a well-directed video clip to celebrate the re-streaming of the Port Harcourt Refinery. The disappointment. Nigerians were to learn from several reports that the Port Harcourt refinery was not producing and was instead using old, stored petroleum products to load trucks. Worse still, the Kyari crew was passing off sanction-tainted Russian-sourced crude oil refined in Malta as locally refined products. More insult was piled on the assault on our collective sensibility with the lies that the Port Harcourt Refinery exported semi-finished products. Brazen.
Meanwhile, Kyari and his hirelings called those who pointed out or protested these glaring scams all manner of names. They hid behind industry technicalities and jargon to create the impression that those of us who knew Nigerians were being robbed did not understand what we were saying. The point remains that a $2.8 billion investment can potentially build a refinery with a capacity of around 100,000 barrels per day (bpd). Of course, the actual capacity of such a refinery will depend on various factors, including the complexity of the refinery, the technology used, and the location. That is the amount that Kyari’s regime at the NNPCL took and did not give Nigerians refined products.
Fast forward to Kyari’s sack and the appointment of Engineer Bayo Ojulari, who has demonstrated that things can indeed be done differently. Kyari’s exit was expectedly followed by the Economic and Financial Crimes Commission (EFCC) going after him and his associates. The extent of the theft is better understood against the backdrop of N80 billion being found in the bank account of one of his associates. They went on the run.
Perhaps because the EFCC was biding its time on securing international warrants for the arrests of these characters on the lam, they have become emboldened. They have decided to fight back and rewrite the story of their participation in the greatest fraud against Nigerians. Engineer Ojulari’s renewed mindset, which is entrenching a semblance of the transparency Nigerians demand, became their natural target. The demons that once roamed around the corporation came out with malevolence. They started spinning stories of corruption to tarnish the incumbent who refused to hide their crimes. The objective: bring Ojulari down. But alas, he is winning the war as it stands.
His innocence is proven, and it is glaring that those who want him out are mere charlatans who can no longer ply their corrupt wares because of the impact of the new reforms. Corruption in the NNPCL is in its final throes. The fake news being unleashed against the incumbent leadership is akin to corruption’s last kicks as reforms in the sector strangulate it and its practitioners. The reforms must take place in the NNPCL, whether the industry demons like it or not.
As a parting shot, Kyari and his associates would do well to prepare their defence. In addition to accounting for the $2.8 billion they laundered in the name of repairing the moribund refineries, they must also answer for the poor decision to fix that which is irretrievably broken. Awarding contracts for Turn Around Maintenance of 59-year-old refineries that a right-thinking person had suggested should be demolished almost twenty years ago, when they were only 30 years old, is criminal. Trying to deceive Nigerians that the fake repairs worked is treason.
Olasanmi is a public affairs analyst writing from Lagos.
GRANDIS 5STAR LUXURY APARTMENT & SUITES SET TO REDEFINE LIVING IN VICTORIA ISLAND
Set to Rise elegantly against the Lagos skyline, is the Grandis 5Star Luxury Apartment & Suites. According to Adejuwon Ademola, The General Manager of the Development company, it is more than just a residential building
“it’s a lifestyle statement. Standing 17 floors high in the heart of Victoria Island, this revolutionary masterpiece of modern architecture will offer a panoramic 360° view of Eko Atlantic, Victoria Island, and Ikoyi, transforming every apartment into an exclusive penthouse experience for the world’s most discerning elite.”
Developed by Dumarco Construction Limited, a globally acclaimed company with decades of delivering complex, high-value projects in the highly regulated petroleum, oil, and gas industries, Grandis 5Star brings unmatched international safety standards, uncompromising quality, and timeless elegance into Nigeria’s luxury property market.
> “When you live in Grandis, you’re not just buying a home—you’re investing in peace of mind, world-class safety, and an effortless luxury experience that will remain pristine for decades,” says Adejuwon A. Ademola, General Manager of Dumarco Construction Limited.
The Gold Standard in Safety and Quality
Dumarco’s roots in the oil and gas sector mean the company operates to some of the strictest safety protocols in the world. Every stage—from conceptualization, design, construction, to long-term maintenance—follows internationally accepted procedures and quality assurance measures. Cutting corners is simply not in Dumarco’s vocabulary.
> “In the oil and gas industry, there’s no room for compromise. We’ve brought that same discipline and zero-tolerance for mediocrity into property development,” says Ademola. “That’s why Grandis will be one of the safest and most enduring residential developments in Nigeria.”
To ensure transparency and prevent (project complacency), Dumarco deliberately separates the developer, contractor, and consultant roles, engaging only the most competent professionals in each respective field. Dumarco’s project team includes globally recognized contractors such as Julius Berger, Cappa & D’Alberto, and Elalan, Migliore Construczione & Tecniche (MC&T) and their partners VENCO IMTIAZ CONTRACTING COMPANY (VICC) based in Dubai, UAE, Business Contracting Limited, alongside leading consultants like Morgan Omanitan & Abe, LAMBERT, and James Cubitt.
Grandis – Investments, appreciation, returns and profitability
Our selection process for the location of the project alone was pains-taking and completely thorough scientific process. Top professional companies were employed to conduct a scientific data acquisition and analytical survey of the entire Victoria Island, Ikoyi, Lekki and Eko Atlantic before a project site is selected. Analyzing and acquiring areas developmental charts and trends, studying and gathering historical and present sale prices, rental charge and occupancy rates over a 50 year period from every individual street before the selection of the location of any of our developments especially true for the Grandis Project
He adds,
“Our clients and residents can be rest assured that the location of Grandis has been scientifically proven through all existing data to provide our clients with a 100% occupancy rate, highest developmental location, highest rental income and investment returns. ”
The Grandis Experience
Located minutes away from international corporate headquarters, embassies, and landmarks such as Eko Hotel, Radisson Blu, and the Radisson Red, Grandis offers unmatched convenience for professionals, diplomats, and high-net-worth individuals. Every residence is designed for both indulgence and efficiency, with high-grade finishes, smart-home systems, and private amenities that ensure seamless living.
From sunrise over the Atlantic to the glittering Lagos night skyline, residents will enjoy uninterrupted luxury, supported by discreet and highly trained staff, advanced security systems, and a design that prioritizes comfort and privacy.
> “We designed Grandis for people who want everything—security, elegance, convenience, and the assurance that their home will look as spectacular in 20 years as it does on day one,” Ademola notes.
A Legacy That Lasts
With its combination of visionary architecture, peerless safety, and meticulous maintenance planning, Grandis is built to remain iconic for generations. Thanks to Dumarco’s meticulous approach, the building’s service charges are expected to remain low while its value and appeal continue to appreciate over time.
In a market often marred by shortcuts and substandard practices, Mr Ademola says
Grandis stands as a beacon of what luxury living should be—safe, spectacular, and built to last.
“Grandis 5Star Luxury Apartment & Suites — Where safety meets sophistication, and every detail is designed for a life well-lived.”
He added
Website -www.dumarcoltd.com
Project website – www.26idowutaylor.com
Email [email protected]
Tel / WhatsApp +234 9077777883
GM – Adejuwon A. Ademola
celebrity radar - gossips
Nationwide Talent, One Broadcaster: Tinubu Picks Pedro, Bello, Din, Mohammed to Lead NTA
Tinubu Overhauls NTA Leadership: Media Powerhouse Rotimi Pedro Takes Helm as DG
President Bola Ahmed Tinubu has announced a major shake-up at the Nigerian Television Authority (NTA), appointing renowned media executive Rotimi Richard Pedro as the new Director-General in a move widely seen as a bold step toward modernising the state broadcaster.
Pedro, a Lagos native, brings nearly 30 years of expertise in broadcasting, sports rights, and marketing communications across Africa, the UK, and the Middle East. A trained entertainment and intellectual property lawyer, he also holds an MSc in Investment Management and Finance from City University Business School, London.
In 1995, Pedro founded Optima Sports Management International (OSMI), which rose to become one of Africa’s leading sports content providers—distributing premium events such as the English Premier League, UEFA Champions League, FIFA World Cup, and CAF competitions to audiences in over 40 countries.
His career highlights include top roles at Bloomberg Television Africa and Rapid Blue Format, as well as advisory work for FIFA, UEFA, Fremantle Media, and the African Union of Broadcasters (AUB). At the AUB, he was instrumental in securing exclusive pan-African free-to-air media rights for all CAF competitions.
Alongside Pedro’s appointment, Tinubu named Karimah Bello from Katsina State as Executive Director of Marketing, Stella Din from Plateau State as Executive Director of News, and Sophia Issa Mohammed from Adamawa State as Managing Director of NTA Enterprises Limited.
Industry insiders credit Pedro with building commercially viable broadcast platforms, driving sponsorship growth, and delivering world-class content to African audiences. His appointment marks one of the most significant leadership changes at NTA in years—signalling the government’s intent to strengthen the broadcaster’s competitiveness in a fast-evolving media landscape.
-
society5 months agoRamadan Relief: Matawalle Distributes Over ₦1 Billion to Support 2.5 Million Zamfara Residents
-
Politics2 months agoNigeria Is Not His Estate: Wike’s 2,000‑Hectare Scandal Must Shake Us Awake
-
society4 months agoBroken Promises and Broken Backs: The ₦70,000 Minimum Wage Law and the Betrayal of Nigerian Workers
-
society3 months agoOGUN INVESTS OVER ₦2.25 BILLION TO BOOST AQUACULTURE