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.
NIRSAL Wakilin Mata Lafiagi Umar Sanda Yusuf Abdulmutalib Shittu Ajia-Bako Lanwa Abdulfatai Ahmed Saeedat Aliyu Moses Salami Ibraheem Adeola Katibi Usman Rifun Habeeb Saidu Oluwole Dupe Balogun Fulani Special Adviser On Digital Innovation Ajasse-Ipo Olupako Of Share Col. Ibrahim Taiwo Abdulwahab Ololele New Naira Notes Baba Issa Oyeyemi Olasumbo Florence United Nigeria Airline Akanbi-Oke Baba Issa Awoye Kehinde Boyede Saadatu Modibbo-Kawu Oke-Ero Bolaji Nagode Crystal Corner Shops New Nigeria People’s Party Micheal Imoudu Chikanda Alaaya Yahaya Seriki Elese Of Igbaja Abdulwaheed Musa Abdullah Janet Amudat Mope Dasuki Belgore Bashir Omolaja Bolarinwa Umar Danladi Shero Kwara Polytechnic Joana Nnazua Kolo Kwara Politics Dankaka COEASU Wahab Issa Muideen Olaniyi Alalade Adesoye College Shola Odetundun Kunbi Titiloye Modupe Oluwole Air Peace Zara Umar Abubakar Abdullahi Bata Bolaji Gambari Ahmed Bayero Abdulrahman Abdulrazak Muslim Stakeholders Of Kwara State Alliance For Democracy Ado Bayero Emir Of Yashikira Halimat Yusuf Kulende-UITH Folajimi Aleshinloye Mohammed Halidu Taofik Mustapha ITEM 7 Adamu Atta Shuaib Boni Aliyu Apata Ajele Secondary School SSUCOEN Yahaya Oloriegbe NSCIA Ajibola Ademola Julius Federal Allocation Usman Alkali Baba

