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.
Emmanuel Bello Magaji Erubu Binta Abubakar-Mora Road Transport Employers Association Of Nigeria Segun Adeniyi IQRA College Aminat Omodara Folorunsho Alao Dele Momodu Eghe Igbinehin Women For Change And Development Initiative Iliasu Muhammed Akanbi Maja Abdulrosheed Okiki Bolaji Aladie Federal Allocation Suwa-Arabs Abdulmumini Jawondo Taofeeq Olateju Akande Idowu Ayoola Muhammed Aso Ofi Fareedah Dankaka Joseph Offorjama Abdulrazaq Akorede Kale Ayo Tunji Olawuyi Gamji Members Association NaAllah KWASIEC Yeketi Undergraduate Bursary Wahab Issa Charcoal Ilorin.Info Mohammed Alabi Lawal Balogun-Ojomu Kwara Metro Park Ibrahim Oloriegbe Aliyu Salihu Kemi Adeosun Durosinlohun Atiku Igosun Deji Ajani Guber Aspirant Sulu Gambari Baruba Sheriff Shagaya Awwal Jawondo Dairo Kunle Paul Playing Host Unilorin Moro Yekeen Alabi Sulyman Age AbdulKareem Ajidagba Igbomina COVID-19 Palliatives Alaro Ibrahim Kayode Adeyemi Amosa Lola Ashiru Taofik Abdulkareem Babaita Kazeem Oladepo Local Government Jani Ibrahim Babatunde Ajeigbe Wahab Agbaje Kwara State Council Of Chiefs Akeem Lawal Sebastine Obasi Orisun Igbomina Olayinka Jelili Yusuf Zubair Folorunsho Erubu Olatunde Oyeyiola ER-KANG Okiki

