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.
Niyi Osundare Ibrahim Abiodun Pius Abioje ASKOMP Sam Okaula Ibrahim Gambari Kayode Zubair Mansur Alfanla Paul Olawoore Shuaib Jawondo Ibrahim Mashood Halimat Yusuf All Confederation Of Principals Of Secondary Schools Olaiya Lawal LAK Jimoh Yoonus Lawal Saka Abimbola Isau Forgo Battery Company Limited ASUU Ishola Abdullahi Nigeria Foundation For Artificial Intelligence Tunde Kazeem Ojuekun Mogaji Aare Twitter Guber Aspirant Abdulrasaq Alaro Tsaragi-Share EndSARS VADA Obuh Ibrahim Akaje Sulyman Abdulkareem Olabode George Towoju Shola Odetundun Kwara Basketball Association Adijat Adebiyi Hajj Isiaka AbdulRazaq Prince Mahe Abdulkadir Kwara State Television (KWTV) Ganmo Electricity Sub-Station Raheem Adaramaja Abdulfatai Ahmed Pakata Patriots Universal Basic Education Commission Asa LGEA School General Tunde Idiagbon International Airport Aliyu Muyideen Ilorin Anchor Men And Women Kwara State Branch Of The National Library Saliu Shola Taofeek Isiaka Gold Fola Consultant Tsaragi/Share PPS Ike Ekweremadu Kolade Solagberu Atiku Abubakar Inside Kwara April 11 Mope Dasuki Belgore Segun Olawoyin V.O. Abioye Fulani UNILORIN Alumni Dan-Kazeem Belgore Muhammed Abdullahi Khadijat Ayoola Yusuf Wahab Kunle Shittu Kwara State Pension Board Yunus Lawal Agor Market Senate President Ajikobi Ishola Moses Abiodun

