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You are at:Home » Real Estate business guarantees high foreign exchange returns- Adeyemo

Real Estate business guarantees high foreign exchange returns- Adeyemo

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By News Barrel on October 25, 2023 News

The Chief Executive Officer of one of the fastest growing Real Estate in Nigeria, Pelican Valley Nigeria Limited, Ambassador (Dr.) Babatunde Adeyemo, has identified the potentials of real estate business as a veritable avenue to attracts foreign investors including Nigerians in diaspora to improve the country’s foreign exchange earnings and the Internally Generated Revenue base of Ogun State through direct assessment taxes of investors, jobs and wealth creation for present and future generations.

Adeyemo disclosed this known while delivering his speech on Monday in Abeokuta as a guest speaker at the ‘Canada Trade Mission ‘24’ pre conference session’, a programme organised by Solteque Nigeria Ltd.

The programme also had in attendance former President, Chief Olusegun Obasanjo and Mrs Oluwatosin Oloko, Permanent Secretary Ogun State Ministry of Culture & Tourism who were guest speakers.

Realtor Adeyemo said, “I want to show you the opportunity in the real estate investment. This is an avenue for you to see someone who has successfully invested in Real estate and wants to exhibit it to enlighten and motivate others.

“God gave me the privilege to start real estate business with modest amount of money and also gave us opportunity to be known in Ogun, Nigeria and globally.

“One of our clients is the convener of this event. Our relationship with him is what brought him back to Nigeria, after he had bought the land and built his home in our Estate, he was convinced to come back home. He established company and also brought the initiative of this event in order to help his people, and not only him.”

Adeyemo disclosed that he was able to drag over 400 Nigerians in Diaspora back home. From his own camp, (Manitoba) they are close to 100 people that have bought land from us.

He explained that “as we want to export Adire, we don’t really know that real estate is one of the areas that is really explorable, Real estate is something that people can also take advantage of and export to bring more development to Ogun State and Nigeria in general”.

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