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Let’s Join Hands To Build Nigeria, Abike Dabiri, Pelican Valley CEO Urge Diasporas

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Let's Join Hands To Build Nigeria, Abike Dabiri, Pelican Valley CEO Urge Diasporas

Let’s Join Hands To Build Nigeria, Abike Dabiri, Pelican Valley CEO Urge Diasporas

….Advocate Making Exit Plan, Investment Ties With Home Ahead Of Retirement

 

 

 

 

The Chairman/ CEO, Nigerians in Diaspora Commission (NIDCOM), Hon. Abike Dabiri-Erewa and realtor (Amb) Babatunde Adeyemo have called on Nigerians in the United Kingdom, United States and other parts of Europe to join hands with their fellow compatriots at home to build Nigeria together to greater heights.

 

 

Let's Join Hands To Build Nigeria, Abike Dabiri, Pelican Valley CEO Urge Diasporas

 

 

Hon. Abike Dabiri and Ambassador Adeyemo gave the advice separately on Sunday night while addressing the Nigerians in the UK during the Avenue Impact Business Networking and Winter Ball at the Crown Plaza Hotel, London.

While the former federal lawmaker and veteran Broadcast journalist who expressed joy because of the many diasporas making Nigeria proud at home and globally, who she urged to continue believing in themselves and supporting one another to keep Nigeria aloft for honours, Adeyemo advised them not to wait until they’ve attained the retirement age before making plans to relocate back home – japada, or establish investment ties with their fatherland.

The CEO of NIDCOM said the Commission exists among other things to serve as an ambassador and a bridge between the Nigeria diaspora and homeland to foster continuous collaboration, preserving expertise, and mobilising resources for Nigeria’s socio-economic, cultural, and political development by way of encouraging those abroad to invest at home.

According to her, there is a mortgage scheme of the Federal Government to support the diasporas on mortgage issues.

In his address, Adeyemo told the diasporas that the time to make strategic exit plans and establish investment ties with home is now that many of them are still active or have few years ahead of their retirement age so that the process of relocation would be seamless, thorough and achievable when the period beckons on them.

The CEO of Pelican Valley Nigeria Limited, a foremost Nigerian real estate firm behind the Pelican Valley Estate Laderin, Abeokuta, Pelican Valley’s Brief Estate, Pelican’s Ecostay Apartments and Pelican Valley Green Acres Farm Estate – all at Kobape – Masa corridor of Ogun State spoke on the Investment opportunities in the real estate business back home at the well attended event by Nigerian professionals and government officials, including the Chairperson of the Diaspora Commission, Hon. Abike Dabiri – Erewa, the Mayor of Southwark London, Michael Shitu and Mr Smart Kemiki, the Director of Dominion Forever Limited.

Adeyemo who is a multi – award winning real estate practitioner, urged diasporas to make hay while the sun still shone or better still, take a bow when the ovation is heard loud, even as he said they could venture into the real estate industry with little or no funds by starting as realtors, earn commissions and grow to be like the Pelican Valley within the next 10 years.

He, however, identified capital, due diligence, development and value adding as well as goodwill as four basic necessities to be in place for one to succeed or excel in any venture, especially the real estate industry.

The ECOWAS Youth Ambassador and an Anti – Corruption Ambassador, explained that carrying out due diligence, for example, is very critical when buying any piece of land lest one falls into the hands of scammers and have one’s fingers burnt while the goodwill is essential to a successful marketing of real estate products.

According to him, if any of the diasporas follows those four key factors with a strategic exit plan long before retirement and possible relocation to Nigeria, the better the chances of success.

“As we have, japa so we have japada syndrome…infact, to japada syndrome is even more complex than to japa…if you don’t want to eventually become a mama londona or baba londona in future…they say, Ile ni abo sinmi oko …the time to start having an investment ties with your homeland is now…don’t ever procrastinate…the ovation will soon be loud and it will be in your best interest to take a bow when the ovation is loud,” he advised.

Adeyemo recalled with pride and satisfaction that he has been practicing real estate business for over 14 years without a single dispute or court case and without running to the police for any land dispute, warning investors to be mindful when they ‘see a real estate company doing aggressive marketing,’ they should know that something is chasing such a firm.

He noted that in Pelican Valley, they don’t call their prospects, having been convinced that real estate is value driven.

He said, “If you Google “the only estate with full government approval in.Ogun state now, you will definitely see what the Ogun State government said about our Estates…not only the Ogun State government but also private individuals and investors.

“Pelican Valley Estate has 100 percent positive reviews on Google….The values we add to our projects made our client’s ROI to move up by almost 300 percent in just one year.

“We launched Pelican Brief with a paltry sum of 685 just 3 years ago, today, Pelican-Brief is #5m per plot and it will be N7.5m per plot starting from next tomorrow which is the 5th of December.

“In that Estate, we have a 500 kva electric transformer, fully energized, 5 armed security guards, Camels and peacocks for tourist attractions…..less than 50 mins drive to.the.Lagos State governors office and 15 mins from the Ogun State governors office.

“We also have Pelican Valley estate, Laderin…we introduced that estate for just 800K per plot 9 years ago but today, the plot is N 25Million and it will be N30m next tomorrow…I live in that Estate with my family presently. These are lands we bought as low as 300K per plot about ten years ago.”

Earlier in his welcome address, the CEO of Avenue Impact Limited and Convener of the event, Mr. Funso Akinwunmi appreciated Honourable Abike Dabiri-Erewa for her presence, and lauded her for the dedication to fostering stronger ties between Nigerians in the diaspora and their homeland, adding that the establishment of the NIDCOM is a testament to the Nigerian government’s dedication to leveraging the diaspora’s vast human capital and material resources.

“We extend our encouragement to the government to proactively cultivate an environment that makes Nigeria a home and an attractive destination for those contemplating travel abroad. Our beloved Nigeria holds immense potential, and fostering an environment conducive to growth and prosperity will undoubtedly serve as a magnet for Nigerians at home and abroad.

“It is our collective responsibility to engage in nation-building actively, and a critical aspect of this endeavour involves addressing key areas that influence citizens’ decisions, including the desire to travel abroad. By investing in robust infrastructure and fortifying the economy, the government can instil confidence and pride in Nigerians, making them enthusiastic about contributing to the nation’s growth and development.

“We also urge the government to seize this opportunity to prioritise initiatives that enhance the appeal of Nigeria, both for its residents and those living abroad. A thriving and welcoming Nigeria will retain its talented citizens and attract the global Nigerian diaspora, fostering a collective effort towards building a stronger and more prosperous nation,” he said.

Akinwunmi also appreciated the CEO of Pelican Valley Nigeria Limited whom he described as a distinguished expert in property investment for gracing the business networking event and sharing his useful wisdom in the real estate business within the Nigerian context.

“Your wealth of knowledge and strategic vision have undoubtedly played a crucial role in the real estate sector, and we are privileged to have you share your wisdom with us,” he said.

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UBA GMD Calls for Public-Private Collaboration, Joins Aviation Minister to Commission New MMIA Departure Section

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UBA GMD Calls for Public-Private Collaboration, Joins Aviation Minister to Commission New MMIA Departure Section

The newly renovated departure section of the Murtala Muhammed International Airport, Lagos, refurbished by United Bank for Africa (UBA) Plc, was officially commissioned on Friday, December 20th, 2024.

The laudable project, which marks a transformative moment in Nigeria’s aviation sector, underscores UBA’s unwavering commitment to national development and highlights the immense value of strategic public-private partnerships (PPPs).

The ceremony was graced by distinguished stakeholders, including the Honourable Minister of Aviation and Aerospace Development, Festus Keyamo, SAN; the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku; other Directors, and Heads of Agencies operating at the Airport.

Speaking at the event, UBA’s Group Managing Director/CEO, Oliver Alawuba,lauded the collaboration that brought the project to fruition as he emphasised the need for public and private institutions to come together to build and revamp the nation’s assets.

“This renovation is a testament of UBA’s belief in the transformative power of investing in national assets. By modernising our airports, we not only enhance infrastructure but also position Nigeria as a global hub for tourism, trade, and investment,” he stated.

Alawuba took time to highlight the broader economic impact of such initiatives, urging increased private-sector participation in national development. “Public-private partnerships like this demonstrate what can be achieved when we unite for a shared vision of progress and investing in infrastructure catalyses economic growth, improves travel experiences, and creates opportunities across various sectors of the economy,” he added.

Alawuba reflected on the power of unity and collaboration, quoting Helen Keller: “Alone we can do so little; together we can do so much.” The commissioning of the renovated departure section serves as a reminder of what strategic partnerships can achieve in driving national development and elevating Nigeria’s global standing.”

While commissioning the project, Keyamo commended UBA for executing the project, a feat he termed a landmark achievement in Nigeria’s aviation sector. “This renovated departure section exemplifies the bank’s commitment to elevating aviation infrastructure, improving passenger experiences, and fostering international partnerships. It is a proud moment for the ministry and all stakeholders involved, and I thank the management of UBA for pioneering this initiative,” he remarked.

The minister highlighted other key achievements of his ministry, including compliance with the Cape Town Convention, the launch of a consumer protection portal, and advancements in major infrastructure projects such as the second runway at Abuja Airport and solar energy integration in airport operations.

The Managing Director/Chief Executive of FAAN, Mrs. Olubunmi Kuku, commended UBA and other stakeholders for their contributions, adding, “This project reflects FAAN’s dedication to delivering world-class aviation infrastructure. The enhanced departure section not only elevates passenger experiences but also strengthens Nigeria’s competitive position in global aviation,” she said.

She called for more private-sector participation, emphasising that “partnerships like these are essential to transforming the aviation sector into a beacon of excellence.”

The newly renovated departure section boasts cutting-edge facilities designed to enhance efficiency and passenger comfort. This upgrade reaffirms the Murtala Muhammed International Airport’s status as a critical gateway to Nigeria and a major hub for international travel in Africa.

United Bank for Africa is Africa’s Global Bank. Operating across twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology. UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally.

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

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