Cross River State has become one of Nigeria’s premier agricultural investment destinations, crowding out smallholder production systems and creating new avenues for rent capture by elites.
The state government has recently acquired land in Shongai, Benin Republic as part of effort to increase arable farmlands beyond the state’s boundaries for food production.
Project is led by International Trans Oil USA and the BIG Group of the USA and Ukraine and inlcudes a 32,000 hectare sugar plantation in Ibaji, Kogi state.
Commissioner for Agriculture of Nigeria's Edo State says his government gave 10,000 hectares to Ekha Chemical Company two weeks ago for cassava production, while two other companies have asked for 25,000 hectares each for palm oil and rice.
Adecoagro will assist FMN in the management and development of Kaboji Farm, one of the largest commercial farms in Nigeria, comprising 10,000 ha of maize and soybean.
FELDA Global Ventures Holdings Bhd (FGV) is scouting for oil palm land in the Asean region, Cameroon and Nigeria.
The Rockefeller Foundation says the 10,000 ha rice farm and outgrower scheme that Olam is constructing in Nigeria is a win-win land project.
Sifca Group, which owns Africa’s biggest palm-oil refinery located in Ivory Coast, said it plans to spend $417 million in the next five years on plantations and factories in Ghana, Nigeria and Liberia.
Miami-based company's investment deal includes the acquisition of farmland and establishment of private farms. Similar deal signed the previous week with Ghana.
"Mais qu'est-ce que j'ai fait de mal ?" Mercredi 5 juin, à Puteaux, Vincent Bolloré s'enveloppe d'une candeur inhabituelle pour un capitaine d'industrie aux dents longues, dont le chemin vers la réussite est jalonné des cadavres de concurrents plus tendres que lui
A private initiative, Stallion Group, has indicated its readiness to invest in rice production in Edo State, just as the state government assured it of a conducive environment.
"We have also approved the allocation of 20, 000 hectares of land to a Chinese company for rice production," says state governor, Alhaji Garba Umar.
