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.
Woro Yashikira Ilesha-Baruba-Gwanara Abdulrasheed Na\'Allah Kehinde Baale Ilorin Central Mosque Face Masks Yusuf Amuda Gobir Femtech Ita-Ore Buari Edun Iyabo Dupe Adekeye Abdulkadir Jimoh Saka Asiat Ayinke Ojuekun Sarumi Ilorin South Constituency Musa Ayinla Yeketi Offorjama Jumoke Monsura Gafar Offa Descendants Union Third Estate Gbugbu Joseph Daudu Abdulmumini Sanni Jawondo Oluwole Dupe Abdulrahman Abdullahi Kayode Memunat Monsuma International Public Sector Accounting Standards Offa Metropolitan Club Ilorin Inside Kwara Okin Malt Senate Salman Jawondo Adedipe Ile Arugbo Joseph Alex Offorjama Rotimi Oyedepo Afolabi-Oshatimehin Adenike Harriet Temi Kolawole Yakub Lai Gobir Muhammad-Mustapha Suleiman Ahmad Lawan Babs Iwarere Lawan Sarafadeen Kayode Akorede Agor Ilorin Curfew Yahaya Muhammad Olatinwo Lateef Ademola Olatunji Quareeb Abdulmalik Bashir Mopelola Risikatullahi Mazars Consulting Emmanuel Bello Edret Sabi Abel Ilorin Amusement Park RTEAN Yoruba Tescom.kwarastate.gov.ng Gobir Lanre Badmas Photo News Binta Abubakar Mora Muhammadu Buhari Saeedat Aliyu Alagbado Ahmed Bolaji Nagode Muhammed Akanbi Alaiye African Democratic Congress Tanke Okanlawon Musa Micheal Imoudu Innocent Okoye Oyedun Juliana Funke Idris Garba

