Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1680

Deal #1680 Version #54866

Nigeria
Created at
2013-02-15
Last update
2013-02-15
Last full update
2024-08-05

Land area

Size under contract (leased or purchased area)
  • [current] 16000.0 ha
Comment on land area
CAA: the source (see p.12 of the document) indicates 10.000 hectares and not 16.000 hectares. However, on the blog “Oil palm in Africa” (see its page http://oilpalminafrica.wordpress.com/2010/08/06/oil-palm-in-nigeria ), the size of 16.000 hectares appears to be the total of the three different oil palm plantations managed by Presco in the country. But another source exists that give other information concerning the size of the land concerned. According to the “company profile” webpage of SIAT webpage (see http://www.siat.be/index.cfm/page:siat-company-profile), this size is 12.500 hectares and not 10.000 hectares.

Intention of investment

Intention of investment
  • [current] Biomass for biofuels

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] In operation (production)