5 sites selected for rice project in Kwara
Valsolar, a Spanish company signed a N70 billion rice joint venture with the Kwara State government in January. The statement further stated that the rice project would be cultivated on 20, 000 hectares of land, adding that the Spanish farmers would cultivate 5,000 hectares of land in each location yearly over a period of four years.
The government added that the processing factory which would also serve as storage and distribution location, is to be sited in Share. According to the agreement, Valsolar is expected to invest N70 billion in the project over a period of four years while the state government is to make available 20, 000 hectares of land. The Spanish company will also hold 70 per cent equity in the company while the remaining 30 per cent will be held by the state government.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Inside Kwara Abdulmutalib Shittu Labaeka Bluenile Associates Hajj James Kolo Abdulrazaq Aiyelabegan Saba Mamman Daniel Abubakar Aliagan Abubakar Baba Suleiman Mora Omar Adanla-Irese Sabi Durosinlohun Atiku Amosa Yahya Mohammed Aliyu Olatunji Ajanaku General Hospital, Ilorin Alaaya Iyeru Grammar School Sulaiman Gado Saadu Alanamu Abdulraheem Olesin Grillo Babata Alfa Yahaya Road Ayinde Oyepitan Firdaos Amasa IsDB Ajike People Support Centre Ganmo National Broadcasting Commission Abiodun Oyedepo JAMB Irepodun Oladipo Akanmu Tolani General Tunde Idiagbon International Airport Cornelius Adebayo Ademola Kiyesola Shaaba Lafiagi Yahaya Jibril Usman Offa Grammer School Kwara Teaching Service Commission United Nigeria Airline Rueben Parejo Okin Biscuit Atiku Abubakar Democracy Day Ahmad Ali Olabimpe Olani Dan Iya Bayo Ajia Joseph Alex Offorjama Micheal Imodu-Ganmo Road Abdulhakeem Adelaja Amao Yusuf Aiyedun Gbugbu International Market Christopher Odetunde Amos Bajeh Ike Ekweremadu Nigeria Governors\' Forum Abdulrosheed Okiki Bola Ahmed Tinubu Monthly Sanitation Exercise Osuwa Sa\'adatu Modibbo-Kawu Trader Moni Sheikh Ridhwanullah Ilorin Ilorin International Airport Tope Daramola Photo News KSIRS Sulu Babaita Isiaka Bello Bature Eghe Igbinehi Olabanji Orilonishe

