Proven Financial Services Ltd, a leading Investment Banking Advisory Services Firm committed to wealth creation and sustainable investment, has announced the launch of 5th Avenue City, an innovative urban development designed to redefine economic growth by merging education, agriculture, and real estate into a fully integrated business hub.
Situated in Yewa, Ogun State, 5th Avenue City is a visionary project aimed at fostering industrial growth, empowering entrepreneurs, and addressing Nigeria’s housing deficit while creating a self-sustaining community that drives long-term prosperity.
At the heart of this transformative initiative is Agribusiness University, Yewa (AUY), Africa’s first private university of agriculture. The university’s curriculum is built around practical, hands-on learning, ensuring that students gain real-world skills in modern farming techniques, agribusiness management, and food production.
According to Ogbiyele Olufemi, Group Managing Director of Proven Financial Services Ltd, AUY is not just an academic institution but a catalyst for economic transformation. “Agriculture remains one of Nigeria’s most critical sectors, yet it is often underutilized due to a lack of proper training and investment. AUY will change this by producing a new generation of skilled agripreneurs who will drive innovation and food security,” he said.
Complementing the university is Agribusiness University Farm City, a practical training hub where students and farmers gain hands-on experience in large-scale farming operations and get paid while still studying. This initiative bridges the gap between theory and practice, providing access to financing, modern farming equipment, and innovative techniques that will help Nigeria move towards self-sufficiency in food production.
Beyond agriculture, 5th Avenue City is also addressing Nigeria’s housing challenges through Agripreneur Estates, a large-scale real estate development providing affordable and sustainable housing solutions. The project consists of 50 private residential estates, offering a total of 30,000 plots for sale and 60,000 housing units tailored to various income levels.
“5th Avenue City is not just another development; it is an ecosystem designed to support economic growth, create jobs, and provide quality housing,” Olufemi stated. “By integrating education, agriculture, and real estate, we are building a self-sustaining city that will serve as a model for future developments in Nigeria.”
The estates will feature secure, well-planned communities, complete with modern infrastructure, green spaces, and recreational facilities, fostering a high standard of living. Flexible payment plans have also been designed to accommodate individuals, entrepreneurs, and families looking for a peaceful and prosperous environment to call home.
With Proven Financial Services Ltd leading the financial framework, 5th Avenue City is set to redefine urban development by creating a fully integrated economic hub that drives wealth creation and social progress. This bold initiative reflects the company’s commitment to fostering sustainable growth and long-term prosperity in Nigeria.
