Fayemi attracts $50m investment to boost agric sector
- This Day
- 11 June 2020
Investments include FMS Farms' $10 million starch processing plant and farm in Ikole council area, where it has already commenced farming activities
Investments include FMS Farms' $10 million starch processing plant and farm in Ikole council area, where it has already commenced farming activities
Dangote said he would expand the project and exploit what he called Katsina’s vast arable land for other agriculture initiatives and allied business ventures.
Dangote et Sefrioui veulent désormais contribuer à réduire le gap de l’offre dans des produits alimentaires essentiels en Afrique.
The Edo State government has articulated a policy that allows investors to own government lands irrespective of the size for about 200 thousand naira.
Aliko Dangote a acquis 150 000 hectares à travers cinq états du Nigeria (Edo, Jigawa, Kebbi, Kwara et le Niger State) afin de produire à terme 950 000 tonnes de riz par an
Niger State Commissioner for Agriculture says Aliko Dangote is coming to Niger State in grand style with a request for 50,000 ha of land in the flood plain bank of River Niger for rice and sugarcane production.
The Dangote Group had indicated interest in investing in irrigation around Kampe dam, adding that the land was suitable for sugar cane cultivation
Investment Corp. of Dubai in tie-up with Nigerian businessman Aliko Dangote that "could run into billions of dollars" and involves ventures in agriculture.
Dangote Group has acquired 150,000 hectares of farmland in five Nigerian states -Edo, Jigawa, Kebbi, Kwara and Niger- which will be used for the commercial production of rice paddy.
Nigeria's Sokoto state government has approved the allocation of 33,000 hectares of farmland to Dangote Group of companies for the plantation of sugarcane.
The Taraba Government on Monday said that Dangote Group had paid N1.2 billion to it as compensation for land acquired in Lau Local Government Area of the state.
He said the conglomerate would require about 250,000 hectares of land for sugar cane production and 130,000 hectares for rice farming.