Firm moves to tackle housing gap, offers zero-interest plan to Nigerians in diaspora

Pelican Valley Nigeria Limited, a real estate firm, has unveiled a zero-interest, no-hidden-charge housing and lands subscriptions repayment plan for Nigerians in the diaspora, in a bid to attract more investors and bridge the country’s growing housing deficit.

The offer was announced on Wednesday in Winnipeg, Manitoba, during a Real Estate Conference where the award-winning firm on the invitation of two of its clients, showcased its high-quality, no-risk and high-return property investment opportunities.

Speaking at the event, the company’s Chief Executive Officer, Ambassador (Dr) Babatunde Adeyemo, said the initiative was designed to encourage capital repatriation, ease property ownership for Nigerians abroad, and foster long-term wealth creation through real estate.

He told participants at the event that now is the best time for Nigerians in Canada, the United Kingdom, and the United States to take advantage of the projects even with zero capital, adding that the firm is offering zero-interest payment plans without hidden charges, alongside exclusive amenities, to make the investment process seamless.

Speaking at the gathering, Adeyemo shared the story of a public servant who he introduced his project to and has since made over N15 million commission for referring clients.

He recounted: “I told her, ‘You’re a senior public servant with goodwill. Why not use your goodwill to sell this product instead?’ For years, the land’s value rose from N1 million upwards, yet she still hesitated. One day, she decided to take my advice. She became a landowner in my estate without paying a dime.

“Her story is well publicised. She has brought in clients and earned over N15 million in commissions in value. Now she’s even considering buying a house with her earnings. This is not motivational talk, I’ve done it myself, I’ve taught people to do it, and it works. You can start real estate with zero capital.”

Adeyemo also emphasised the importance of taking possession once land is purchased, describing it as one of the most challenging yet crucial steps in property ownership.

He explained that many real estate companies struggle to secure approved layouts from the government because of the stringent requirements, such as beacon sheets, topography surveys, engineering surveys for roads and drainages, and establishing these ahead of full government approval.

Unlike most estates, Adeyemo noted, Pelican Valley has met all these conditions across its developments, a move that makes it possible for buyers to get allocations within just three days.

He added that the Lagos State government recently declared 176 estates as illegal due to lack of approved layouts.

“It’s like a university CGPA grading system. If you fail badly in year one, you can’t graduate with first class,” he said. “In real estate, failing in year one means buying land without due diligence. A greater percentage of these purported illegal estates would fall under government acquisition. Once that happens, such estate is dead on arrival,” he said.

Adeyemo also highlighted the firm’s flagship project, Pelican’s Ecostay Apartments in Kobape, Ogun State, as a luxury, eco-friendly residential estate built with sustainable materials, innovative designs, and features such as solar-powered street lights, interlocked roads, armed security, sports facilities, worship centres, a swimming pool, and a mini-zoo.

The estate, he explained, is strategically located within 20 minutes of Abeokuta’s Central Business District and less than an hour’s drive to Ikeja, Lagos, with close proximity to the firm’s Greenish Acres Farm for organic produce.

“These results didn’t happen by chance,” Adeyemo said. “They are the product of integrity, due diligence, quality delivery, value addition, and full government approvals.”

The Winnipeg event was attended by notable Nigerians in Manitoba and hosted through the invitation of two Canadian-based clients of the firm. Adeyemo commended the organisers for creating a platform for cross-border investment dialogue and thanked existing Canadian clients for their patronage.

He also added that the firm is open to forging lasting partnerships to unlock unprecedented opportunities in Nigerian real estate and create long-term value for investors.

Also speaking at the event, a UK-based realtor, Madam Sara Adeniyi, said she was ready to collaborate with Pelican Valley to help bridge the country’s housing gap.

“I once relocated to Nigeria to set up my own business and spent about five years there before running back to the UK because I couldn’t handle it. If I find a place that will genuinely help me develop, I will return and give back to my society.

“Many of us are wasting away where we are, doing so many things abroad, so why can’t we do the same in our own country? If Nigeria enables us to do so, it will be a really good thing,” she said.

Another participant and one of Pelican Brief’s investors in Manitoba, Mr. Hamed Ayoade, said: “The first time we subscribed, it was about N2 million, and we were given the privilege to pay over some time. Now, the same estate is going for about N15 million. My advice? Don’t waste time, jump in and do it.

“He is very trustworthy. If you talk to him, he’s always open. If you chat with him, he will respond. That kind of accessibility is rare.”

A Professor of Agriculture at the University of Manitoba, Prof. Oluwole Akinremi, who had also invested in the Pelican Brief project also disclosed that he plans to relocate to his property in Kobape, from Aja Badore and Canada.

“I bought two plots of land because I already had a place in another estate, but I wasn’t happy with it. I plan to move to Kobape as soon as possible. I have an architect who has designed all my houses.

“I also have two acres in Greenish Acre farmland, and I left it with the plan that when I come, I can plant things there. I’ve done business mostly with Nigerians in Canada and in Nigeria and I’ve found that trustworthy Nigerians are almost impossible to find. Ninety-nine per cent will disappoint you. So when you find one, it’s a rare gem,” he said.