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.
Ahmed Shuaib Buranga Erubu Oba Zubair School Of Nursing Bahago Mohammed Jimoh Faworaja Shururat Olatinwo Sambo Murtala John Olobayo Abdullahi Dasilva Yussuf Al-Hikmah Radio Tanke Flyover Bridge Kisra Nigerian Medical Association Gbajabiamila Mahe Abdulkadir Ahmed Bayero IESA Fatai Garuba Labaka Dorcas Afeniforo Maryam Nurudeen Olota Of Odo-Owa Oloye Ahmed Saidu Rufai Oluranti Idowu Bashir Badawi Turaki Of Ilorin Oluwole Dupe Esinrogunjo Salihu Alhaji Musa Makama Of Ilorin Share-Tsaragi Razak Atunwa Sunday Fagbemi Bola Shagaya Kale Ayo High Court Shuaibu Yaman Abdullahi Oluwarotimi Boluwatife Adenike Mohammed Ajia Ibrahim Abdulmumin Yinka Ajia Iyabo Adewuyi Kwara State Branch Of The National Library Musa Abdullahi Magaji Erubu Aiyedun Haruna Olawale Sulaiman Pakata Development Association Mashood Dauda Eruku Salihu Yahaya Henry Olaosebikan Lawyers Unite Against Corruption Muslim Cementary NAWOJ Vasolar Kwabes Muhammad Ghali Alaaya Ayodele Shittu Rex Olawoye Pius Abioje KWTV Abdulrasheed Na\'Allah Shehu Raheem Adaramaja Abdulrahman Abdulrazak Abdulkadir Akanbi-Oke Kaiama Tunji Ajanaku Ajakaye Tafida Of Kaiama AbdulRasaq Abdulmajeed Alaro Omupo TETFUND Millennium Development Goals Barakat Community Secondary School Timothy Olatunde Fadipe Azeez Bello Special Adviser On Digital Innovation

