'Embrace Land Banking Today to Secure Your Financial Future', Pelican Estate CEO Advises Nigerians

By: Olufemi Orunsola 

A call has gone to Nigerians at home and abroad to embrace land banking in order to break free from the shackles of financial struggles and insecured financial future.

OPEN TELEVISION NAIJA (OTN) News reports that the leading Abeokuta-based real estate entrepreneur gave the advice on Friday in Abeokuta while highlighting the margin of difference in the cost of landed property at Pelican over the last two years spanning 2022 to 2024.

Ambassador Dr. Babatunde Adeyemo who took a retrospective look at the cost structure of landed property at Pelican Brief in the year 2022, stated that his firm, "Promised prospective clients 100% Return on Investment (ROI) on every plot purchased at Pelican Brief he however noted that "Today, we have delivered over 300% Return on Investment on the same property in one year."

He noted that the firm started selling Pelican Brief at an introductory price of 780,000 per plot but it rose to N7.5 million in the year 2024, whereas the property goes for N15 million as at January 23rd, 2026.

Ambassador Adeyemo further noted that by the year 2028, the landed property is projected to double in value at N30 million.

He therefore encouraged prospective buyers to embrace the act of land banking to enjoy the magnitude of returns purchase of the right land at the right place brings to bear in finances.

In his words, "It is never too late to let your money work for you."

He stressed that "This is not mere permutation, but it's a practicable and proven actuality of investment in real estate which he affirmed is akin to banking on such high yielding landed property.