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.
Can We Have More Bankers Like Victoria Mulero? An epitome of ‘omoluabi’
In February of this year, I needed to open a new bank account for salary purposes, as required by the management of the new company I had just joined.
I considered First Bank, Access Bank, and Sterling Bank. After some thought, I chose Sterling Bank—not because I found them superior—but because I believed they had fewer customers, which I hoped would save me from long queues and unnecessary delays.
I visited the Sterling Bank branch at Akowonjo to open the account. Unfortunately, the staff member who attended to me didn’t inspire confidence. She appeared distracted—smiling at her phone, clearly engrossed in a private chat—far from the level of professionalism one would expect in a bank setting. I had a feeling this would lead to problems down the line.
When my first salary was paid into the account, my suspicion was confirmed. Sterling Bank restricted access to my funds—I couldn’t transfer money or make withdrawals at the counter. I visited their Fatai Atere branch at Ladipo, Mushin to complain, where I was informed that the account opened for me was a “Kaikai” account—a type I had never heard of. Apparently, this account type is meant for individuals who lack the required documents during account creation. But I had submitted all necessary documents, so why was such an account opened for me?
At the Fatai Atere branch, I was attended to by a remarkable banker named Victoria Mulero. She requested my NIN, which I didn’t have on me at the time. Rather than send me back home, she asked if I had a digital copy. I did, and she graciously gave me her email address so I could forward it to her. With that, she resolved the issue promptly and professionally.
However, the following month, in March, the same restriction happened again. I returned to the Fatai Atere branch, and once again, Victoria Mulero handled my complaint with efficiency and kindness, resolving it without delay.
I hoped the matter was finally settled, but when my April salary arrived, the restriction was imposed yet again. This time, I was beyond frustrated and ready to replace Sterling Bank as my salary account. Still, I visited the Fatai Atere branch one last time. Once more, Victoria Mulero resolved the issue with grace and determination.
This write-up is a tribute to Victoria Mulero of Sterling Bank, Fatai Atere branch. She is a rare gem—respectful, diligent, and genuinely customer-focused. She went above and beyond, following up with the Akowonjo branch through calls and emails until the matter was fully resolved. She handled every situation with patience and empathy, treating the job as if the bank belonged to her family.
To be honest, I’ve had unpleasant experiences with many bankers, especially female staff. Too often, they carry personal frustrations into the banking hall and take it out on customers. But Victoria is different. She exemplifies what true customer service should be.
We may not all be the same, but treating people with respect and kindness is a skill that can be learned—and Victoria clearly has. Let’s celebrate her for being a model professional and a beacon of hope in an industry that too often lacks empathy.
Without any fear of contradiction, I say boldly that Victoria Mulero is a good ambassador of Sterling Bank and her parents too deserve encomium for raising a well trained daughter and impacting an attitude of ‘ omoluabi’ in her. We need more of Victoria Mulero in our banking industry.
Seun Jacob Ogunbiyi
Known as Olùkọ́, the therapeutic writer and Lagos based journalist
Business
Air Peace Airlines’ failure to adhere to scheduled departure times results in prolonged delays …causing undue hardship for Nigerians on board
Air Peace Airlines’ failure to adhere to scheduled departure times results in prolonged delays
…causing undue hardship for Nigerians on board
~Oluwaseun Fabiyi
Traveling is undoubtedly the most effective form of education, enabling individuals to observe human quirks from diverse perspectives
On Saturday, 3rd May 2025, an Air Peace Airlines flight from Akure Airport was delayed, causing undue inconvenience to a Nigerian traveller and a prominent Nigerian man of God, an unfortunate incident that befell the nation’s citizens
Does Nigerian law consider it a criminal offense for travelers to book flights with Air Peace, a leading Nigerian airline, instead of other airlines that fail to depart on schedule, such as remaining at 10am instead of departing at 10am? Certainly, some Nigerian citizens may opt to travel with airlines like Arik, Aero, Dana, rather than Air Peace.
It is evident that many Nigerians actually believe Air Peace airline came to rescue Nigerians from the subpar fly-and-die experience of other airlines, such as Dana, which is why many have fallen in love with Air Peace Airlines’ domestic operations
Air Peace Airlines’ decision to reschedule a 12:00 flight from Akure in Ondo State to 3:00 on Saturday, 3rd May 2025, has been met with disappointment from some affected Nigerian passengers, who deem this change unreasonable and unjustified.
Nigeria is hindered by self-imposed challenges that impede our collective advancement. I remain optimistic that future leadership will emerge, focusing on nuanced details that cumulatively enhance the lives of citizens, including access to housing, affordable food, petrol, quality healthcare, and a decent standard of living. The fact that we produce rice, only to have its price inflated by some, thereby rendering it unaffordable, is a pressing concern
It is baffling to me why some people or airlines deliberately provide poor services, causing undue hardship for their passengers, without taking the courtesy to apologize
How can passengers ensure they arrive at Akure Airport by 10 a.m. to catch a 12 p.m. flight from Akure to Lagos and complete check-in as usual
Only for them to fall victim to an extremely harrowing experience. The first indication was the outrage of a passenger at the Nigeria Air Peace counters. He yelled at the ticketing officials that his time had been wasted by three hours and demanded to be refunded his money, as his business was equally affected.
The scene was remarkably congested, and indeed there was an exceedingly large number of passengers traveling to Lagos on this particular Air Peace flight.Which none of them can comprehend what could cause a delay from 12 O’clock to 3:15 pm, without considering individuals with an assignment or occasion in Lagos, is so crazy and devastating.
*How Passengers suffer through endless delays waiting for Air Peace aircraft.*
Accordingly, they embarked on an extended wait after Air Peace notified them that the flight had been postponed by an hour. Ultimately, the delay proved to be three hours, with the flight arriving at 3:30 pm, followed by the commencement of boarding procedures
On a final note the Nigerian aviation industry, including airlines, can certainly improve their treatment of fellow Nigerians
Onboard passengers display concern and raise eyebrows.
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