By Our Correspondent
In continuation with its consultation with relevant stakeholders, the Management of Pelican Valley Estate led by its Chief Executive Officer, Dr. Babatunde Adeyemo on Friday met with the Commissioner for Physical Planning and Urban Development, Tpl. Tunji Odunlami, where he informed the Ministry of the proposed Pelican’s/Gateway Economic Autarky Project.
Receiving the delegates in his office, Tpl Odunlami said Dapo Abiodun led government will continue to support Private individuals and organisation in the bid to transform the State.
Odunlami said the government will provide necessary support for worthy private entities to create affordable housing units for the use of the residents.
He equally commended the Pelican Valley Estate for its due diligence in obtaining relevant government permits ahead of its operations.
His words,
“It is the very first private scheme that we approved since we came into office. What is impressive about that is that the outfit followed all due process from the begining to the end to secure the layout permits and others. It was the first for our government.
“That wasn’t so for many reasons. It was difficult for other platforms but Pelican did it. Due diligence is key in this real estate business at every stage.
He commended the good work of the leading real estate, especially following due process with honesty in a saturated business environment. He added that,”I can confidently recommend you to anyone because I know that you follow due process with honesty in all your business dealings. I see the future of this state in the vision of your real estate firm, and I believe you should be encouraged.”
Tpl Odunlami added that,”this administration will do everything possible to encourage you and your vision,we believe the sky shall not be your limit,but a starting point.”
Earlier while speaking on the purpose of the visit, the CEO of Pelican Valley, Dr. Babatunde Adeyemo said the visit was part of the ongoing consultation for the proposed Pelican’s/Gateway Economic Autarky Project.
The project, according to Pelican Valley CEO, Dr Babatunde Adeyemo, consists of four sub projects – The Pelican’s Ecostay Apartments, The Pelican Brief Estate, The Pelican’s Greenish Acres Farm Estate and The Pelican Farm Market.
He explained that the visit is to "share with you our vision and mission towards creating a self sustaining economy that would also serve as bedrock for a sustainability urbanization, leading to economic independence .
"We want to ignite the Gateway smart cities of our dream as Urbanization lies not just in the hand of the government, but likewise collective effort of the private investors and stakeholders in the real Estate sector in the state.
Dr Adeyemo said "Pelican Valley Nigeria limited had played a vital role in the state urbanization and controlled development strategy of this ministry in particular and Ogun State government in general.
"The emergence and the launch of Pelican Brief Estate, Kobape had played an integral role in generation of revenue for the state government, ranging from various stamp duties from clients and investors, also bringing over one thousand Nigerians in diaspora into the Ogun State governments Tax drag net, through payment of stamp duties and building approval levies apart from the corresponding job creation effects of our project.
He appreciated the role of the ministry in achieving the success that Pelican has been able to achieve over the years, "due to the well implementation of our full government approved layout .
"Pelican Brief estate had attracted over one thousand investments from Nigerians in Diaspora to Kobape. This project had banked on various infrastructure development mainly the 33KVA trunk line project done by the Olusegun Osoba led administration, a project of an estimated value of over five hundred million done over two decades ago.
However this infrastructure had laid fallow over the years and remained untapped and underutilized, until the advent of our company, Pelican valley Nigeria LTD.
Dr Adeyemo further explained that the Pelican’s Gateway Economic Autarky project contains three sub project namely; The Pelican’s Ecostay Apartments, The Pelican Brief Estate, The Pelican’s Greenish Acres Farm Estate and The pelican Farm Market.
He said,”The pelican ecostay apartment as the name implies evolve around building affordable homes for intended client in a 100% eco-friendly environment which support zero carbon emission in it usage. The Pelican Brief Estate is set to be the very first smart city, with our serviced plot allotment scheme…However, in our bid to completely invigorate the economy of our Estates axis, our Organisation had concluded plans to launch the Pelican’s Greenish acres farm Estate and also the Pelican”s Farm Market, less that 1.5 kilometres away from our Estate projects in Kobape, come 11th of September 2022.”
Dr Adeyemo called on government to partner with Pelican Valley in provision of infrastructure especially road to achieve the vision. He said ,”Infrastructure is an important element in urban development. No one can underestimate the need for good road network and the various developments it can drive along.
It is worthy of note that this particular Masa, kobape axis had been constantly neglected by past administrations; and had felt the presence of government over 2 decades ago. Thanks to chief Osoba for fixing a 33-KVA trunk line we are enjoying on the axis today.
Apart from the 1.5Km committed acquisition boundaries, the strategic and prime status of the axis is expected to generate an estimated #30 billion in direct and indirect taxes into the coffers of the Ogun State government within the next three years, when the 3 kilometres single lane road is fixed.
Apart from the attendant expected revenues from that axis, the road would also serve as a veritable means on decongesing the kobape/Abeokuta expressway and also aid urban rural migration, which would in the long run decongest Abeokuta metropolis.”
He said that the consultations will be extended to the Ministry of Agriculture, Finance , Housing, Information and His Excellency, the Executive Governor, Prince Dapo Abiodun mfr.
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