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.
Is\'haq Modibbo Kawu Yekini Adio New Naira Notes Taofik Abdulkareem Babaita Awodun Funmilayo Oniwa Ilorin East/South Federal Constituency Ilorin Anchor Men And Women George Funsho Adebayo Abdulkarim Adisa Yoonus Lawal Gbenga Adebayo Adebara Ibraheem Adeola Katibi Ope Saraki Yinka Aluko Abdulahi Abubakar Bata African Democratic Congress Sulu Gambari Oluronke Adeyemi Mohammed Khadijat Kubura Metro Park Muhammadu Buhari Road Transport Employers Association Of Nigeria Oba-Solagberu Sulu Babaita Isiaka Muhammad Toyin Sanusi Fola Consultant Oba Abdulkadir La\'aro Ahmad Ali Oluwole Dupe Shuaib Olarongbe Kale Belgore Voices Of Tomorrow Kwara Pdp Saliu Alamoyo Bashirat Bola Bello Senate President Mahmud Ajeigbe Reuben Paraje SAPZ Project Folashade Omoniyi Tanke Abdullahi G. Mohammad Sam Okaula Standard Organization Of Nigeria Paul Odama Ishaq Salman Bayo Mohammed Onimode Ile Arugbo Stephen Fasakin Suleiman Idris Lafia Aliyu Korasabi Oniwasi Agbaye Olam Food Ingredients Col. Adedipe Adam Abdullahi Al-Ilory Toyin Sanusi Abubakar Bature Sulu-Gambari Mary Kemi Adeosun Busari Toyin Isiaka Abdullah Janet Amudat Aliyu U. Tilde Aro Yahaya Taofeek Sanusi NYSC Isau Olabimpe Olani Labour Party Wole Oke 08001000100 Salake Okin Group Sambo Murtala Arandun Niyi Ogundiran Shaaba Lafiagi

