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.
Muslim Media Watch Group Of Nigeria Adam Abdullahi Al-Ilory Erubu Oba Zubair Damilola Yusuf Playing Host Kwara Teaching Service Commission Lola Ashiru Bursary Emmanuel Bello Mohammed Katsina Ahmed Presidential Election Haliru Yahaya Code Of Conduct Bureau Bolaji Abdullahi Iyiola Oyedepo Siraj Oyewale Balogun Ajikobi Saheed Popoola MATTA Girls Foundation Kwabes Abdulrahman Onikijipa Amuda Musbau Isaac Gbenle Moses Afolayan Aremu Bose Deborah Katibi Ibraheem Adeola Coronavirus Abubakar Aliagan Michael Ologundea Ishaq Oloyede Muhammadu Buhari Riskat Opakunle Ubandoma Akorede Henry Olaosebikan Road Transport Employers Association Of Nigeria General Hospital, Offa Ilorin Likeminds Foundation Ayobami Seriki Twitter Abdullahi AbdulMajeed Emir Of Shonga Isaac Aderemi Kolawole Moses Rahman Popoola Omupo Coalition Of Kwara North Groups Jimoh Olusola Imam Prince Sunday Fagbemi Aisha Buhari ASUU N-Power Olugbense Kwara Central Iyabo Dupe Adekeye Shuaib Olarongbe Muhammadu Gobir Bola Olukoju Oba Abdulraheem Muslimah Entrepreneurship Forum Ajia-Bako Bolaji Nagode Lanre Issa-Onilu Akeem Lawal Al-Hikmah University Agboola Babatunde Kale Belgore Olosi Of Osi JSSCE Bello Bature Bankole Omishore Rapheal Ashaolu New Naira Notes Donatus Ejidike Edret Sabi Abel LEAH Charity Foundation AbdulHakeem Ajibola Akanbi Wahab Femi Agbaje

