In a renewed move to accelerate infrastructure development and enhance investors’ returns, Pelican Valley Nigeria Limited has procured a multi-million naira road compactor to support road construction projects across its estates in Ogun State.
The real estate development and investment company has also mobilized its suppliers to deliver high-quality stone base materials ahead of the commencement of roadworks.
Speaking with journalists on Saturday at the company’s state-of-the-art site office in Kobape, Ogun State, the Chief Executive Officer, Ambassador (Dr) Babatunde Adeyemo, announced that the new phase of road development would begin in November 2025.
According to him, the projects will cover the firm’s four flagship estates — Pelican Valley Estate, Laderin; Pelican Brief; Pelican Ecostay Apartments; and Pelican Greenish Acres Estate — all located along the Kobape–Abeokuta corridor of the state.
Dr. Adeyemo, an anti-corruption ambassador, revealed that the company had already invested millions of naira in the production of interlocking stones in preparation for the road projects. He assured investors that the company remains committed to ensuring high Returns on Investment (ROI) through sustainable development initiatives.
He also urged existing clients to promptly pay their development levies and newly introduced estate service charges, emphasizing that these contributions are vital to maintaining essential infrastructure and services within the estates.
“As part of efforts to add value to our estates, we have procured a multi-million naira road compactor and mobilized suppliers for high-quality stone base materials,” Adeyemo said. “We’ve also spent billions on interlocking production, electrification, and government approvals — even though we’ve generated less than ₦500 million in development levies so far.”
The Pelican Valley boss noted that the newly introduced estate service charge would help offset recurrent expenditures such as security, gardening, and power maintenance across the company’s estates, some of which have existed for over a decade.
He appealed to all clients who are yet to fulfill their financial obligations to do so, assuring them that the company’s infrastructural investments are geared toward improving living standards and strengthening property value
