Abeokuta, the capital of Ogun State, is poised for an economic transformation as diaspora investors in Pelican Valley Estate products prepare to commence property development projects next year.
The initiative, led by nearly two dozen investors, is expected to significantly boost the socio-economic fortunes of the region.
The announcement was made in a statement by United Kingdom-based IT expert and Chief Executive Officer of Avenue Impact, Funso Akinwunmi.
Speaking shortly after receiving the bulk title documents for the investors’ property, Akinwunmi expressed optimism about the positive impact of the planned developments in Abeokuta’s landscape and economy.
“This is a testament to integrity,” Akinwunmi stated. “When I was introduced to Dr Babatunde Adeyemo last year, I hesitated initially. However, after hearing him speak about the Pelican Valley vision, I encouraged my people in the UK to invest.
“Today, they have received their title documents, which is proof of this company’s reliability. Our members purchased property for around N4m each; they are now valued at N7.5m, with projections to hit N10m by year-end—a remarkable 100 per cent return on investment within a year.”
He further disclosed plans for the investors to commence construction next year, enabling them to start growing their wealth promptly.
“Every opportunity from Pelican Valley and Ambassador Adeyemo will attract immediate patronage due to their proven integrity,” Akinwunmi added.
Ambassador Babatunde Adeyemo reaffirmed the estate’s commitment to simplifying property development processes for its clients.
He noted that Pelican Valley was a fully government-approved estate, making building approval seamless for investors.
“It will be easy for them to build. Within two weeks, clients on our estate can obtain government building approval if they follow the laid-down procedures. We have helped over 100 clients secure building approvals at our Pelican Brief Estate in Kobape, Abeokuta. We are looking forward to seeing these investors commence construction next year,” Adeyemo said.
He also emphasised Pelican Valley’s role in changing the narrative of real estate investments in Nigeria, especially for Nigerians in the diaspora.
“Gone are the days when people gave money to others to buy land, only for the funds to disappear. We are committed to integrity, and our clients know their investments are secure with us,” Adeyemo noted.
The projects are expected to create jobs, enhance property values, and drive economic growth in Abeokuta, reinforcing Pelican Valley’s position as a trusted name in real estate development.