Real estate, tourism can reduce Nigeria's unemployment rate by 50% - Pelican Boss
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Real estate, tourism can reduce Nigeria's unemployment rate by 50% - Pelican Boss

July 30, 2025

Real estate, tourism can reduce Nigeria's unemployment rate by 50% - Pelican Boss

Admin By Adewale Adewale
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Pelican Valley CEO, Ambassador Babatunde Adeyemo, has said that Nigerian nation can leverage the real estate sector to scale down the unemployment rate by over 50 percent.

Adeyemo said real estate entrepreneurs have the potential of becoming builders, adding that his focus would be to teach people how to grown in the sector.

According to him, there’s real estate in almost all the sectors of the economy including agriculture, health care delivery, tourism, gas, sport and art and culture.

"Once you become a real estate entrepreneur, you will grow to become a builder and that is what I’m going to teach my people. We are doing it free of charge. I think real estate investment is capable of reducing Nigeria's unemployment rate by 50% because we have real estate in every sector of our economy.

“There is real estate in agriculture, there is real estate in health care sector, tourism, oil and gas, entertainment, sports, art and culture, even, the health sector.

“Industrialization has some segments of real estate. So, real estate is a very big and buoyant sector of which an average smart leader or government should leverage to create jobs for people.

“Although, government cannot do it alone but they can partner with genuine real estate developers to drive jobs creation. It is very very important but how will they partner with real estate developers? That is a different ball game.

This is as the CEO, Dr Adeyemo, is poised to embark on another trip to Canada to both explore more of the North American country's business horizon.

The trip, according to him, is also to showcase new vista of opportunities in real estate sector to Nigerians in diaspora.

Adeyemo said the planned travel is geared towards consolidating on the gains of the previous one carried out last year, encourage repatriation of investible capital into sustainable real estate business back home for wealth and jobs creation as well as cultivate future real estate entrepreneurs from the diaspora.

The real estate entrepreneur who recently returned from the United Kingdom for similar trip, disclosed this in an interview with newsmen on Wednesday in his office at The Podium, Pelican Valley Estate Laderin in Abeokuta, the Ogun State capital.

He also disclosed that the upcoming trip is being sponsored by his existing clients in diaspora, stressing that many of them having trusted him and found him to be a man of integrity, decided to invite him over to share his wealth of experience in real estate business with them and other prospective investors.

He said what endeared him to Nigerians in diaspora are his proven integrity, product delivery, assured peace of mind for investments in Pelican Valley projects, high ROI and commitment to assisting clients to obtain building approvals for their lands in his estates, in a record time.

He said, “Interestingly, it is our clients that are asking me to come over to Canada. I'm going to Canada for three events. One was facilitated by a renowned and respected Egba High Chief, Chief Olawale Olaleye, tagged (Canada trade mission, 2025).

"I was there last year for the first edition of the Canada Trade Mission 2024. It was highly successful.  I received a prestigious accolades from a member of the Canadian Parliament Brampton Centre, Mr ShapQat Ali in October 4, 2024, in recognition of my vicious drive in the real estate business both at home and abroad.

“And this year again, I believe we will be honored as well. I will be going there to share the new vista of real estate business back home in Nigeria and how they can take advantage of it. I won't let the cat out of bag now until we meet during business round table in Canada, by God's grace.

"So, having this successful outing with the first Canada Trade Mission, the second event is double - headed, it's facilitated also by one of our respected clients in Winnipeg, Manitoba. It is being facilitated by a renowned academics, a professor of Agriculture from the University of Manitoba, who is also a client in Pelican Brief Estate, Kobape. He is leading us to meet three different associations in Winnipeg.

"All these movements are being initiated by my existing clients. That is the beauty of it. They tasted it. They trusted it. They have seen it. It is not about you sweet- talking people to buy what you have not invested your own funds in,” he said.

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