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    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

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Pelican Valley To Go Into Cocoa Production, Processing As Its Farm Estate Gets Govt Approval

...To Leverage On Ogun Agro Cargo Airport, Partnership With Cocoa Research Institute 

The Daily Crucible by The Daily Crucible
January 22, 2023
in News
0
Pelican Valley To Go Into Cocoa Production, Processing As Its Farm Estate Gets Govt Approval

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Pelican Valley Nigeria Limited may soon add cocoa production and processing to its portfolio following the approval status granted to Pelican Greenish Acres farm Estate by the Ogun State Government.
The Approval also comes with approved Layout.
The firm is also partnering with Nigeria Institute of Cocoa Research (NICR) in Ibadan for Cocoa plantation just as it seeks to leverage on the soon – to – be completed Ogun Agro Cargo Airport being constructed in Ilishan – Iperu area of the state to venture into cocoa processing and subsequent export to the outside world.
It added that the initiative will enable all prospective and existing clients have
wonderful opportunities to contribute towards the nation’s drive for food security, create jobs and earn income in foreign exchange, urging those with vision for tomorrow to key into the project.
A realtor and CEO of Pelican Valley, Dr. Babatunde Adeyemo, made this known to newsmen at the weekend during the physical establishment of the farm Estate layout and drainages at the Green Acres Farm Estate site located in Massa – Egbeda axis of Kobape area of the state.
He said the Pelican Greenish Acres Farm Estate is the first farm estate to get such approval with full layouts from the Ogun State government in the last four years, adding that it has gone through several soil tests and environmental impact assessments before the Approval was  granted by the state government.
According to him, the green acres will enhance easy access to fresh farm produce.
Dr. Adeyemo noted that the major benefit of the approved layout is to allow for change of use in the future, explaining that it will be a great inheritance for children and future generations as it is also largely on land banking strategy.
“Pelican’s Greenish Acres farm is the first farm Estate in Ogun to get the approval of the State government in the last four years. We are not leaving any stone unturned.  We are going beyond agriculture alone, we are partnering with Nigeria Institute of Cocoa Research (NICR) for Cocoa plantation and it would be insured.
“Farming is like icing on the cake when you have a cake and you are still eating the icing, the farming is the icing and the cake is the land, a land banking, we are sharing a boundary with the government industrial Zone of which land has been sold for 100million per hectare.
“The beauty of the real estate is to have something you are eating, while your land is appreciating, so you won’t be vulnerable to rush to sell your land, and by the time the industries start working we would be able to make available to for them a conducive environment to live for the workers.
“The Pelican’s Greenish Acre farm estate is a harness Area, to the Agro-cargo Airport, it is just about a 15-kilometre drive from the estate to the Airport, adding the Estate Area was a Zone as an agriculture Area by the State Government. So the vision is there and we are taking full advantage of it
                                 
“It is not too late for anybody to key into this vision, as they use to say; ‘heaven helps those who helped themselves’. This is a reasonable investment for any reasonable investors to take advantage of it,” he said.
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