Pelican Valley Nigeria Limited, a real estate firm, has unveiled a zero-interest, no-hidden-charge housing and land subscription repayment plan for Nigerians in the diaspora.
In a statement, it was noted that this move was taken in a bid to attract more investors and bridge the country’s growing housing deficit.
The offer was announced on Wednesday in Winnipeg, Manitoba, at 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, 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 was 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 to whom he introduced his project and who has since made over N15m in 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 N1m upwards, yet she still hesitated. One day, she decided to take my advice. She became a landowner on my estate without paying a dime.
“Her story is well publicised. She has brought in clients and earned over N15m 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, “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 drainage, 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.
“The Lagos State government recently declared 176 estates as illegal due to a lack of approved layouts. It is like a university CGPA grading system. If you fail badly in year one, you can’t graduate with first class.”
According to him, in real estate, failing in year one means buying land without due diligence.
“A greater percentage alleges illegal estates would fall under government acquisition. Once that happens, such an estate is dead on arrival.”
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, was strategically located within 20 minutes of Abeokuta’s Central Business District and less than an hour’s drive to Ikeja, Lagos, with proximity to the firm’s Greenish Acres Farm for organic produce.
“Our flagship project, the Pelican’s Ecostay Apartments, began as an extension of the Pelican Brief Estate. It is more than just a place to live; it is a statement of intent and deliberateness. We have incorporated cutting-edge, eco-friendly technologies, sustainable materials, and innovative design principles to minimise our carbon footprint. Every detail has been carefully considered to create a truly befitting eco-friendly environment.
“Some of the key features of the Pelican’s Ecostay Apartments include a fully government-approved layout and building plan, fortified armed security, an energised 33 KVA/500 KV public power supply, 90 per cent industrial solar-powered street lights, and interlocked roads.
“Our unique residential project also boasts a purpose-built lounge, bar, and mini club; basketball, lawn tennis, and badminton courts; worship centres; a swimming pool; and a mini zoo featuring camels, peacocks, and other delightful animals. In addition, the estate is in close proximity to our Greenish Acres Farm, where fresh, organic meals are produced.
“Above all, Pelican’s Ecostay Apartments is easily accessible, less than a 20-minute drive to the Abeokuta Central Business District and the new train station, and only 50 minutes from the Alausa Secretariat in Ikeja, Lagos,” he said.
