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.
Olatinwo Tayo Alao Esinniobiwa Quareeb Awwal Jawondo Kwabes Joseph Alex Offorjama Aliyu Muhammed Isiaka Danmeromu Centre For Peace And Strategic Studies Abatemi Usman Age AbdulKareem Bayo Ojo Rueben Parejo AbdulRauf Keji Saraki Muftau Akanbi Oke Elections Just Law Forum April 11 John Mayokun Dada Oluranti Idowu Matthew Okedare Mustapha AbdulGaniyu Jaigbade Alao Olaiya Zuberu Chief Imam Of Offa Taofik Abdulkareem Babaita Abubakar Atiku Olaiya Lawal Monsurat Omotosho Balogun-Ojomu Oro Grammar School Old Students Association Dan Iya Of Ilorin Sobi FM Sheikh Ridhwanullah El-ilory Isiaka Gold Mopelola Abdulmaliq-Bashir Toun Okewale-Sonaiya Olabode George Towoju Oke-Oyi Kumbi Titilope Alimi Gbenga Awoyale Makama Of Ilorin Nigeria Governors\' Forum Salmon Babatunde Salmon Femi Ogunsola Ayodele Olaosebikan Mohammed Halidu Women Radio Pilgrims Board Obayomi Azeez Rice Farmers Association Of Nigeria Ilorin Talaka Parapo (ITP) Akande Idowu Ayoola Muhammed Mohammed Lawal Bagega Aliyu Kora-Sabi Special Adviser On Digital Innovation Mohammed Kamaludeen Muslim Stakeholders Of Kwara State Irepodun Ilorin Emirate Olam Food Ingredients Toyin Sanusi Ariyo Abikan Muritala Olarewaju Ahmed Saidu Rufai Oyedepo Isin Mahmud Babatunde Baker Salihu S. Yaru Gbugbu Abdullah Janet Amudat Yusuf Amuda Gobir Abdulhakeem Adelaja Amao Ahman Pategi

