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Pelican Valley Announces date for Increment In Lands Prices, Pledges Continuous Effort To Serve Better

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Pelican Valley Announces date for Increment In Lands Prices, Pledges Continuous Effort To Serve Better

Pelican Valley Announces date for Increment In Lands Prices, Pledges Continuous Effort To Serve Better.

 

 

A foremost real estate company in Nigeria, Pelican Valley Nigeria Limited has announced the increment of Price of the lands in it Estates and pledged its continuous effort to serve it customers better and deliver premium value with a consistent high return on investment on their investment with it.

 

 

 

 

 

 

 

The CEO of the firm, Ambassador (Dr.) Babatunde Adeyemo, made this known to the newsmen on Tuesday in a release that entails the public notice to the prospective and potential Customers.

 

 

 

 

He disclosed the reasons behind the Increment of the price, adding that the increase will be effective from 5th of December, 2023.

 

 

 

 

 

While announcing the new prices, he noted the current and new prices of the affected Estates.

According to Adeyemo “Due to our projected and ongoing massive capital investments to the tune of over #1B on Basic infrastructures in our Estates and the Client’s financial commitment to over 90% of our lands in our Estates, there will be an upward review in the prices of land in our Estates.

He also called on those that are willing to invest in real estate business to quickly key in to it before it will be too late for them, and disclosed the price of some of the firm’s estates at the beginning how much they worth now.

While analysing the benefit of the Pelican Valley Products, he highlighted the social amenities been put in place in all the Estates and the uniqueness of those Estates among others in the South West region of Nigeria.

“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 bill of health, 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 to be increased to about #25 million, also Pelican Brief Estate in Kobape, we started selling land at N785k but today, it is N5million per plot, now to be increased to about #7.5 million . I know in the next few years, it will shoot up to about N10million per plot. 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.

“We are taking the “REAL” products to them in London soon, Gods willing, first of oir Estates is the Pelican Valley Estate, Laderin, where unusual homes happens. Pelican 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. Its Fully energised with a 500kv electric transformer, four Fully armed security guards, drainages, two gardeners and all major roads interlocking.

“Other products are 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.

He however, stated that the new rates taking effect from 5th of December as follows;

1.Pelican Brief:
Current Price – 5,000,000
New Price – 7,500,000 (All inclusive)

2.Pelicans Greenish Acres:
Current Price – 5,000,000
New Price – 6,000,000 (All inclusive)

3.Pelican Valley:
Current Price – 40,000 per SQM
New Price – 50,000 per SQM (All inclusive)

For further inquiries, please call the CEO or the director of Operations:
08024506873

 

 

Pelican Valley Announces date for Increment In Lands Prices, Pledges Continuous Effort To Serve Better

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BUA Estate, Abuja, Hosts Successful Iftar, Fostering Community Spirit

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“Africa’s Biggest Giver”- Inside The Telling Video Celebrating BUA Chairman, Abdul Samad Rabiu’s Birthday

BUA Estate, Abuja, Hosts Successful Iftar, Fostering Community Spirit

BUA Estate, a subsidiary of BUA Group, hosted a memorable Iftar celebration over the weekend in the spirit of Ramadan.
The event, held at the Estate’s mosque, brought together over 200 residents of the estate for an evening of prayers, spiritual lectures, supplications and breaking of fast, geared at fellowship, and community bonding.
Hadiza Rabiu, the General Manager of the Estate, expressed that the initiative aimed to support residents in their spiritual journey through the Holy month of Ramadan.  “We are thrilled to have hosted such a successful event. Ramadan is a time for reflection, gratitude, and community. It was an opportunity for residents to socialize and bond with their neighbours’’.
The Iftar celebration was widely praised by attendees, who appreciated the effort and thoughtfulness that went into organizing the event by management.
In her remark, Aisha Sulieman, a resident of the prestigious estate in Kado, FCT, Abuja, stated that seeing so many familiar faces and feeling a sense of community and belonging was wonderful. “We were indeed grateful to the Estate’s management for hosting such a memorable event,’’ she said.
“I wasn’t expecting that level of grand Iftar, but I was quite impressed. It was a wonderful program that brought families together with enough to eat and drink. I would like to express my gratitude to the company and their staff for the kind gesture,” said Adamu Aliu, another resident who was in attendance.
The Iftar celebration is just one example of the many community-focused initiatives undertaken annually by the BUA Estate management team to unite residents and celebrate their shared values and traditions.
About BUA Estate
BUA Estate is part of BUA Group’s real estate portfolio, which features residential, commercial, and mixed-use developments in Nigeria’s key cities. Our mission is to create sustainable properties that meet the demands of Africa’s real estate sector, blending functionality, durability, and aesthetics for clients and homeowners. Our estates include BUA Kado, BUA Hills, BUA Court, BUA Business Park, Abuja, BUA Towers, and The BUA Place, Lagos. www.buaestate.com.

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Despite Hardship, Glo Continues To Make Life Easier For Nigerians By Osho Oluwatosin

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Despite Hardship, Glo Continues To Make Life Easier For Nigerians* By Osho Oluwatosin

Despite Hardship, Glo Continues To Make Life Easier For Nigerians

By Osho Oluwatosin

 

Due to the economic hardship that has affected Nigeria as a country, several sectors, including telecommunications, have had to make necessary reforms and adjustments, especially in terms of tariffs, to reflect the reality of the Nigerian economic situation.

Some players in the sector, like Karl Toriola of MTN, had advocated for a 100% increase in tariffs due to the operational costs his company is enduring as a result of the economic hardship. Others also called for a similar increase, and as expected, the Nigerian Communications Commission (NCC) approved a 50% increase in tariffs in February.

Although several Nigerians complained bitterly due to the fact that several essential commodities are already expensive, in all fairness, an increment was necessary because telecommunication companies also pay high costs for commodities like diesel. If Nigerians continue paying the lower tariffs while operational costs keep increasing, some companies may begin to shut down.

However, if there is any telecommunications giant that has considered the feelings of Nigerians regarding the directives from NCC to increase tariffs, it is Globacom, the only indigenous telecommunications company owned by billionaire Mike Adenuga.

While the likes of MTN implemented a 200% increase and later apologized, Globacom, in its magnanimity and unwavering support for Nigerians, introduced some promos to ease the pain of Nigerians, especially the youth population that makes use of data.

One of the most hardship-alleviating initiatives by the company is the Glo eSIM 5GB free data, which was even extended to customers of other networks. According to the company, customers on other networks can easily use Glo eSIM as an additional SIM card and enjoy 5GB free of charge.

The outlet comes with an introductory free 5GB of data when the customer buys a data plan of N1,500 or more.

Customers already on other networks can now join the Glo network with eSIM as an additional SIM. Existing Glo customers can also enjoy this “SIM-less” freedom.

With the eSIM, customers no longer have to worry about space for a physical SIM on their phones. The eSIM is a software-based digital chip built directly into smartphones or wearable devices, thus eliminating the need for a physical SIM card for customers.

Despite Hardship, Glo Continues To Make Life Easier For Nigerians*
By Osho Oluwatosin

“Globacom is welcoming new customers on its network with the introduction of the eSIM. The eSIM, activated in any Gloworld shop or dealer outlet, comes with an introductory free 5GB of data when the customer buys a data plan of N1,500 or more.

“Customers already on other networks can now join the Glo network with eSIM as an additional SIM. Existing Glo customers can also enjoy this ‘SIM-less’ freedom.
“With the eSIM, customers no longer have to worry about space for a physical SIM on their phones. The eSIM is a software-based digital chip built directly into smartphones or wearable devices, thus eliminating the need for a physical SIM card for customers.”

Likewise, Glo recently announced a 15% bonus on every eTop-up for subscribers; this simply means that for every airtime recharge, customers get 15% added to whatever they bought.

In a press statement issued in Lagos, Globacom said, “In line with our commitment to delivering exceptional value to customers, we have introduced this bonus airtime promotion to help our customers get the most out of their mobile experience. Whether the airtime is used for calls, data, or messaging, this extra boost ensures that customers stay connected with their loved ones and colleagues without interruption. It was introduced to give our esteemed customers unprecedented value for money and a delightful calling experience on the Glo network.”

According to Glo, “The validity of the airtime is 7 days and cannot be rolled over; once the bonus airtime is not used within the validity period, it expires, and the customer forfeits the bonus.”

Furthermore, Glo partnered with establishments like Samsung to ensure Nigerians remain connected to the internet with unprecedented free data. Just recently, the telecommunications giant teamed up with Samsung, the world’s leading manufacturer of electronic devices, to bring a new offer to Glo subscribers. This tantalizing deal allows Glo customers to pre-order the highly sought-after Samsung Galaxy S25 smartphone and enjoy unique benefits.

Globacom is also delighting customers who purchase any model from the Galaxy S25 series with 18GB of bonus data for 6 months under smartphone festival data plans, while they can also secure their pre-order at any Gloworld shop with an advance payment of ₦500,000. Pre-ordered phones will be delivered to customers from February 19 onwards.

Meanwhile, Glo has been engaging in several promos back-to-back for the benefit of Nigerians. Through the Glo Festival of Joy promo, more than 50 Nigerians have won vehicles as luxurious as the Toyota Prado and other home appliances for using the Glo network and recharging regularly.

What about the Glo Lucky Number game? At different times, subscribers have been rewarded with cash prizes ranging from N100,000 to N1,000,000.

All of these and more indicate one thing: Glo is the only indigenous company that cares about the feelings of Nigerians, and these promos are major means through which the populace can be eased from the nationwide economic hardship.

Huge kudos to Globacom.

– Osho Oluwatosin is a journalist and publisher of www.trixxng.com

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Is FirstBank Truly the First?

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Is FirstBank Truly the First in Banking Services? 

Is FirstBank Truly the First in Banking Services? 

 

For decades, First Bank of Nigeria (FBN), widely referred to as FirstBank, has prided itself on being a leader in the Nigerian banking sector. Established in 1894, the financial institution has positioned itself as a pillar of strength and reliability, serving millions of customers and businesses across the country and beyond. However, beneath the grandeur of its century-long legacy lies a series of alleged scandals, boardroom power struggles, and allegations that challenge its claim to excellence in banking services.

 

A Legacy Tainted by Controversy

 

While FirstBank has built a formidable reputation in the industry, recent years have seen the institution embroiled in controversies that have raised serious concerns about corporate governance, transparency, and ethical banking practices.

 

One of the most notable scandals in the bank’s recent history was the leadership tussle that rocked its board in 2021. The Central Bank of Nigeria (CBN) had to intervene after an alleged improper removal of the bank’s Managing Director, Adesola Adeduntan, by the Board of Directors. The regulatory authority deemed the move as a violation of corporate governance principles and reinstated Adeduntan, highlighting concerns of internal wranglings and executive interference within the institution.

 

The power struggle within FirstBank’s boardroom has long been a topic of public discussion in Nigeria’s financial circles. The institution has seen a revolving door of leadership changes, with accusations of alleged undue influence by powerful stakeholders, including billionaire businessman Femi Otedola and former board chairman Ibukun Awosika. Reports suggest that internal factions within the bank often engage in a battle of interests, placing political and personal agendas ahead of the bank’s strategic objectives.

 

Moreover, regulatory authorities have had to step in multiple times to stabilize the governance structure at FirstBank, raising concerns about the institution’s ability to independently manage its affairs.

 

Beyond governance struggles, FirstBank has not been immune to allegations of financial misconduct. In 2022, reports emerged regarding questionable loan approvals and potential insider dealings that put the bank at risk of financial instability. Some of these allegations pointed to loans granted without adequate collateral, benefiting influential figures with ties to the bank’s leadership.

 

Additionally, customers have raised complaints over the years about unethical banking practices, including unauthorized deductions, delayed transactions, and poor customer service. These issues, while common across the Nigerian banking sector, call into question whether FirstBank is truly living up to its legacy as the premier financial institution in the country.

 

Given the crisis engulfing FirstBank, the CBN has maintained a watchful eye over the institution. The apex bank’s intervention in leadership disputes and its mandate for compliance with regulatory frameworks indicate that FirstBank’s operations are not without significant oversight. While such interventions are meant to ensure stability, they also highlight the deep-seated issues within the bank that require continuous monitoring.

 

Despite these controversies, FirstBank remains a dominant force in the Nigerian banking landscape. Its extensive branch network, digital banking initiatives, and financial products continue to serve millions of customers. However, the multiple governance crises, allegations of financial impropriety, and regulatory interventions suggest that the bank’s claim to being the “first” in banking services is increasingly under scrutiny.

 

To maintain its esteemed reputation, FirstBank must prioritize corporate governance, transparency, and customer satisfaction. The banking industry is evolving, and with increased competition from both traditional banks and fintech disruptors, FirstBank must clean its house if it truly wants to remain the leader it claims to be.

 

The question remains: Is FirstBank still the first, or is it just another financial institution grappling with systemic issues? Only time will tell if the bank can rise above its scandals and reaffirm its leadership in the sector.

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