Pelican Valley Signs N36.5 million electrification contract to light up estates

Pelican Valley Nigeria Limited, a leading enterprising real estate company in Ogun State has signed a N36.5 million electrification contract with Lucky David Nigeria Ltd, a Nigerian based electrical engineering company.

Penpushing reports that, the Memorandum of Understanding (MOU), took place on Thursday at the headquarters of Pelican Valley, located in Okeyeke area of Abeokuta South Local Government area in Abeokuta.

The Chief Executive Officer of the estate company, Tunde Adeyemo said the contract is to provide and install three transformers in its three housing estates in Ogun State as well as connect them to the national grid immediately.

Penpushing further reports that Adeyemo, expressed delight at what he described as a long dream realized, adding that  the contract, which will be completed within the next two months, will not only add value to the different estates, but also further increase the returns on investments of customers , which had already increased by almost 100% within 6 months.

The company boss disclosed that Pelican Valley is less than five minutes drive from the Abeokuta train station, adding that its new Pelican-Brief Estate is less than sixteen minutes drive from the same train station.

Penpushing also reports that, he explained that, the train is programmed to run 160 kilometer per hour, while Ebutemeta, Agege, Apapa, Ijora to Abeokuta through the trail is less than 75/85 / 90 kilometers respectively.

The President of  Pelican Valley stated that the company was N500,000 per plot in 2014,adding that as at  today, a plot is N8million,stressing that, ‘Pelicanbrief was N785,000 per plot when it was launched five months ago but today, its N1million, The time to act is now’.

Penpushing reports that, Adeyemo hinted that all prospective and potential customers need to quickly key into the investments as price upgrade of the properties is eminent and will be effective in two weeks time.

The company Chief Executive Officer assured that Pelican Valley Estate as a company would continue to be socially responsible, adding that, in this regard, it is the desire of the company to provide solar energy lights for its host communities as well as mount CCTV cameras along the estate as well as within the estate.

The Chairman, Lucky David Nigeria Ltd, Festus Chinnedu Nwanchor, whose company is handling the project, described Pelican Valley Estate as a reliable housing estate that continues to add value to customers’ investments.

Penpushing further reports that Nwanchor expressed delight at successes so far recorded by Pelican within the few years of its existence, stressing that the patronage by clients has been encouraging.

’With what I have seen at their estates and customers’ patronage, this is a company that really means business. I believe in the future and enterprising nature of Pelican as a company, hence we did not hesitate to go into the electrification project contract.’’

‘A company like this should be encouraged, as it assists the government both at the federal and state level to meet the housing needs of Nigerians and others. On the completion of the electrification projects, the estates will be connected to the national grid immediately, thereby meeting the needs of existing and prospective landlords within the three estates’, he said

Penpushing also reports that the estates corporate ambassador and a popular Nollywood actor, James Olasehinde, popularly known as Pa James in his remarks described the real Estate company as one of the most reliable he had ever came across in the recent time.

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