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.
Valsolar Alao Ayotunde Shonga Farm Project Ayodele Shittu Abdulkadir Akanbi-Oke Abdullateef Abdussalam Mubarak Oladosu Woro 20 Billion Bond Abikan Omoniyi M. Ayinla Lawal Olohungbebe Cassava Growers\' Association Sa\'adatu Modibbo-Kawu Olaosebikan Tanke Www.Kwarareports.com Ahman Patigi Habeeb Saidu Oyun Khadijat Ayoola Yusuf IFK KSIRS Savannah Centre For Diplomacy, Democracy And Development Lanre Issa Onilu New Nigeria People’s Party David Oyedepo Federal Allocation Abubakar Atiku Simeon Sule Ajibola Elections Abdulrazak Shehu Akorede Share/Tsaragi Ilorin Descendants Progressive Union Yusuf Mubarak Akande Idowu Ayoola Muhammed Aliyu Kora Sabi Toyin Olayinka Tejidini Vishvas KOZ Tractors Ilorin Muslim Community Salmon Babatunde Salmon Aminat Ahmed Yekini Adio Idris Garuba Principal Private Secretary Oba Abdulrahim Ilorin Amusement Park Marufat Oladosu Eleja Taiwo Banu Ben Duntoye Abubakar Olusola Saraki Moses Afolayan TIIDELab Ishaq Oloyede Ilofa AIT Ilorin Olatunji Bamgbola Onilupeju Of Ilupeju Sunday Otokiti Shonga Yusuf Lanre Badmus Pakata Baba Adini Of Kwara State Abiodun Jacob Ajiboye Patience Jonathan Rasaq Jimoh Mohammed Danjuma Simeon Sayomi Babatunde Ajeigbe Mohammed Katsina Ahmed NIPR Share Sabitiyu Grillo Ilorin West/Asa Federal Constituency Okanlawon Taiwo Issa Manzuma Kazeem Gbolagade

