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.
Kola Bukoye Femi Ogunsola Local Government Kazeem Gbolagade SDP Kwara State Coalition Of Business And Professional Associations Sam Okaula Yusuf Zulu-Gambari Olayinka Are Tayo Awodiji Abdulraufu Mustapha Ghali Alaaya Samuel Adedoyin Saliu Alamoyo Bukola Ajikobi Makama Of Ilorin Ilorin Anchor Men And Women Baba Idris Olohungbebe Share Chartered Institute Of Personnel Management Of Nigeria Stephen Fasakin Elections Issa Memunat Moyosore Gbenga Awoyale Salmon Babatunde Salmon EndSARS Hauwa Nuru KWASEIC Press Release Sheikh Ariyibi Azeez Salawu Joshua Adeyemi Adimula IDPU Otunba Taiwo Joseph Convocation Ceremonies NSCIA Dapo Teni Nig Enterprise Ilota Usman Yunusa Federal Polytechnic Offa Elerinjare-Ibobo Sunday Otokiti Bola Magaji IHS National Broadcasting Commission Haliru Dantoro Oke-Ero The Herald Kayode Ibrahim Yusuf Abdulwahab Clement Yomi Adeboye Lanwa Kale Bayero Geri-Alimi Split Diamond Interchange Radio Kwara Ronke Adeyemi ASUU Iyabo Adewuyi Agbarigidoma Ajuloopin Toyin Falola Gbajabiamila Wahab Kunle Shittu Magaji Are Seun Bolaji Dan-Kazeem Oke-Ogun Lola Ashiru Muritala Awodun Umar Danladi Shero Ayedun Onilupeju Of Ilupeju David Oyepinola Adedumoye Kola Shittu Aiyedun Ambassador Kayode Laro

