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.
QuickWin Taofik Abdulkareem Babaita Yemi Osinbajo Asiwaju Bola Tinubu Sam Onile Shaykh Luqman Jimoh Adolescent Girls Initiative For Learning And Empowerment Saka Onimago Omupo Amusa Bello Royal FM The Herald Raymond Olaitan Saka Balikis Kehinde Muslim Media Watch Group Of Nigeria Sheikh Ridhwanullah El-ilory Bankole Omishore Oko-Erin Saidu Isa Abubakar Aliagan GANZY Mustapha AbdulGaniyu Shoprite Mogaji Aare Joseph Daudu Kwara South Pategi Umar Adelodun Erin-ile Frootify Joseph Offorjama Mamman Saba Jibril Gani Saadu Saheed Akinwumi Rafiu Ibrahim Chief Imam Of Ilorin Abdullateef Abdussalam Sambo Murtala Kabir Shagaya Pakata Development Association Village Alive Development Association Alimi Egbewole Mashood Dauda Barakat Community Secondary School Junior Secondary School Certificate Examinations ER-KANG Mining Nigeria Company Limited Assayomo Toun Okewale-Sonaiya Yusuf Amuda Aluko Oloje Babaloja-General SDP Rabiu Kwankwaso Kwarareports ASKOMP School Of Nursing Salihu Ajia Ahmed Saidu Rufai Kwara Pdp Turaki Mansurat Amuda-Kannike Abdulhakeem Amao IPSAS UNILORIN Alumni Association Ibrahim Abiodun Economic And Financial Crimes Commission Abubakar Atiku Moronfoye Oba Abu Moshood Bakare Zulkifli Ibraheem College Of Health Ahmed Bolaji Nagode Folashade Omoniyi Olohungbebe Bayo Lawal

