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

Deal #1680 Version #54869

Nigeria
Created at
2013-02-15
Last update
2013-04-25
Last full update
2024-08-05

Land area

Intended size
16 000 ha
Size under contract (leased or purchased area)
  • [2011, current] 16000.0 ha
Size in operation (production)
  • [2011, current] 16000.0 ha
Comment on land area
Consisting of Ubima and Elele Estates

Intention of investment

Intention of investment
  • [current] Non-food agricultural commodities, Agriculture unspecified
Comment on intention of investment
Palm oil can be used for multiple purposes, including food, non-food and biofuel.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2011, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] In operation (production)
Comment on implementation status
Risonpalm used to be a state-owned operation.