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.
Yemi Osinbajo Awwal Jawondo Biliaminu Aliu Jamila Bio Ibrahim Kwara State Council Of Chiefs Babatunde Idiagbon Saliu Ajibola Ajia Yusuf Lanre Badmus Bashiru Makama Gafaru Olayiwola Olorisade Elelu Afolasade Opeyemi Kemi Kwara Liberation Group Soffiyyallah Kamaldeen Olanrewju Okanlawon Musa Tunde Kazeem Olatinwo Ilorin Emirate Stakeholders Forum Ojo Isekuse Yahaya Seriki Gambari Abdulganiyu AbdulAzeez Elewu Akorede Ado Bayero Ejidongari CBT Teachers Specific Allowance Wahab Olasupo Egbewole Segun Abifarin Sardauna Benin Republic Admiralty Villa KWSIEC Yunus Lawal Marafan Shonga Abdulrahman Abdullahi Kayode Mansurat Amuda-Kannike Ganmo Electricity Sub-Station Abdulwahab Olarewaju Issa Just Event Online Yahaya Abdulkareem Sadiq Buhari Forgo Battery Company Limited Kassim Babamale Ndama Al-hassan Aliyu Sabi Tunji Moronfoye Bio Ibrahim Niguel Gallando Marcias Chief Imam Of Lafiagi Esinniobiwa Quareeb Oniwasi Agbaye Okasanmi Ajayi Isiaka Saka Opobiyi Tunde Oyawoye Cornelius Adebayo Oba Abdulraheem AbdulFatai Adeniyi Dan-Kazeem Olota Of Odo-Owa Gabriel Fashanu New Nigeria People’s Party Abdulrasaq Alaro Lateef Alagbonsi CACOVID Palliatives 11th Galadima Undergraduate Bursary Oko-Erin Folorunsho Alao Apaola Communication Network Support Services Olaitan Adefila Javed Khan Abdulmumini Jawondo Fatimat Saliu Olam Food Ingredients Zainab Abass IsDB

