Pelican Valley wins real estate company of the year award

•••We're bringing Lekki to Kobape - Dr. Adeyemo



A foremost real estate companies in Nigeria, Pelican-Valley Nigeria Limited has won the Real Estate Company of the Year Award.

Pelican-Valley Nigeria Limited beats scores of other major players in the nation's real estate sector to clinch the position.


The award, established ten years ago, was put together by the Gateway Business Awards.

Presenting the award to the Chief Executive Officer of the Pelican Valley Estate, Dr. Babatunde Adeyemo in his office, the Chairman,BAwards Committee, Adebowale Aderotoye, said the company was nominated and eventually picked by the audit committee for its various giant strides in the real estate sector.

He explained that the annual event was to recognise and honour individuals, government officials, community leaders and corporate organisations, who have contributed to the socioeconomic development of Ogun state.

Aderotoye disclosed that the audit committee of the awards zeroed in on Pelican Valley among top real estate giants as a result of
Adeyemo's sterling qualities and giant phenomenal industrial strides in his core area of enterprise.

He declared that the company has enhanced real estate business not only in Ogun, but in Nigeria.

He, however, said the award was presented to Adeyemo at the PelicanbValley office as a result of COVID-19 pandemic, which according to him, has put the usual awards night on hold for the second year running.

He listed Lafarge WAPCO, FCMB, ADRON Homes, Professor Olubunmi Badejo and Gbele Olugbebi, Permanent Secretary, Ogun State Ministry of Rural Development, as past corporate and individual winners of the
prestigious awards.

Responding, CEO of Pelican Valley Nigeria Limited, Dr. Adeyemo, expressed excitement at the honour done him.

He described the award as victory for hard work, perseverance, selflessness, honesty and transparency, adding "this award will spur
our company to strive and record more feats in the real sector in the country".

Fielding questions from journalists on the sideline of the award presentation, Adeyemo said his company would always follow due
process in carrying out real estate business and ensure that its clients get value for their money.

He declared that he had managed his business for ten years without dispute or court case, saying he would continue to follow the path of
honour in building and taking the company to an enviable height.

"At Pelican Valley, we are doing due diligence; complying with government's directives, rules and regulations, and ensure that we do all necessary documentations. All these are capital intensive, particularly, getting approval for layout, but we do them to give our clients the best.

"Our clients get 100% return on investment in six months on the land they buy from us, and within seven days they get their building plan
approval at any of our estates," Adeyemo stated.

On the plans of the company for 2022, Pelican Valley CEO disclosedbthat a new project will be launched at Pelican Brief, Kobape.

According to him, over 400 direct investments would be brought intobthe location to build classic homes, saying "we are bringing Lekki to
Kobape".

"In furtherance to our vision to ignite the economic development of Kobape, we are launching a classic home project. Already, we have over 400 direct investors ready to partner with us. Here, we are replicating Lekki; we are starting with about 20 homes that can
compete with any you can find in highbrow estates in Nigeria.

"To encourage our clients, there will be 10% rebate as pre-aunch give away. The payment will be in dollars to insulate the project against
inflation and variation, and the payment will be interest free.

"While we make the payment plans to be between six and 24 months, there will be penalty charge for defaulters. By the time this project kicks off next year, Kobape and its environs will witness a total turn around," Adeyemo stated.