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.
Omotoso Musa Lola Ashiru Kolo Olajumoke Monsura Gafar Share Col. Taiwo Odogun Olushola Gabriel Oloyede Mohammed Halidu Babaloja-General Arik Aiyedun Amada Jidda Shagari Sebastine Obasi Quran Musa Yeketi Victor Gbenga Yusuf Durosinlohun Kawu Islamic Development Bank Yakubu Dogara Overland Alumni Association Of The Federal Polytechnic Offa Adedeji Onimago Nnazua Haliru Yahaya Ayinde Oki Kulende Yusuf Abdulraheem Sabi Abdulmajeed Wahab MalHub Okala Baba SSA Youth Engagement Unicontinental Construction Company Oluronke Adeyemi Rotimi Atere Goodluck Jonathan Idris Garuba Oniyangi Kunle Sulaiman Jebba Kudirat Arinola Lawal Isin ITEM 7 Kale Belgore Baba Idris ANCOPPS Saidu Isa Babajide Ajayi Awwal Jawondo Kamaldeen Ajibade Wahab Abayawo CCB Clement Yomi Adeboye Hydroelectric Power Producing Areas Development Commission Sarah Alade Oke-Ero HAMFAT Clinic And Maternity Shao Harmony Holdings Haruna Tambiri Mohammed Aso Ofi Tosho Yaqub Lukman Oyebanji Fagbemi Ahmed Saidu Rufai Akanbi-Oke Kwara North George Funsho Adebayo Abatemi Usman Read With Me Shettima Of Ilorin Lawal Jimoh Government House Kwara 2015 Kwara South Kwara State Coalition Of Business And Professional Associations Salake

