Pelican signs N36.5m estate electrification contract with Lucky David Nigeria
Real estate Company, Pelican Valley Nigeria Limited announced that it has signed a N36.5m electrification contract with Lucky David Nigeria Limited, a Nigerian based electrical engineering company.
The Firm in a statement titled ‘Pelican Valley seals N36.5m electrification contract for its housing estates’, declared that the contract would provide transformers in its three housing estates in Ogun State and connect them immediately to the national grid.
The President/Chief Executive Officer, Pelican Valley Estate, Babatunde Adeyemo, during the signing ceremony at its head office, described the contract as a long dream realised.
According to the Pelican Valley Estate boss, the contract, which must be completed within the next two months would add value to the different estates and also increase the returns on investments of customers, which had already increased by almost 100 per cent within six months.
Adeyemo said, disclosed that Pelican valley was less than five minutes’ drive from the Abeokuta train station and the new Pelican-Brief Estate is less than sixteen minutes’ drive from the same train station.
“The train is programmed to run 160 kilometre per hour, while Ebutemeta, Agege, Apapa, Ijora to Abeokuta through the train is less than 75/85 / 90 kilometres respectively,” he said.
The Chairman, Lucky David Nigeria Limited, Festus Nwanchor, handler of the project, expressed his delight at the successes recorded by Pelican within the few years of its existence and described Pelican Valley Estate as a reliable housing estate that continues to add value to customers’ investments.
Nwanchor, said he believe in the future and enterprising nature of Pelican as a company; hence they did not hesitate to go into the electrification project contract, stressing that a company like this should be encouraged, as it assists the federal and state government to meet the housing needs of Nigerians and others.
On the completion of the electrification projects, he said the estates will be connected to the national grid immediately, thereby meeting the needs of existing and prospective landlords within the three estates.
The estates corporate ambassador and a popular nollywood actor, Mr James Olasehinde, popularly known as Pa James, described the real estate company as one of the most reliable he had ever come across in recent times.
