Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1669

Deal #1669 Version #54825

Nigeria
Created at
2013-02-15
Last update
2018-06-12
Last full update
2024-05-15

Land area

Intended size
300 000 ha
Size under contract (leased or purchased area)
  • [current] 10000.0 ha
Comment on land area
The company claims to have completed negotiations for lease on 300,000ha in Nigeria. It seems as if this company has numerous 10,000ha concessions in the several states in the Niger Delta.

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2008, current] Concluded (Contract signed)
Comment on negotiation status
JV MoU signed with Niger Delta Development Commission. In 2009 numerous MoUs signed with state governments within the Niger Delta for 10,000ha concessions.

Implementation status

Comment on implementation status
Activities in Akwa Ibom State appear to have come to a stand-still. Grain states the project has failed (2011).

Contract farming

Contract farming
Yes