Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3074

Deal #3074 Version #58576

Nigeria
Created at
2013-02-22
Last update
2013-06-05
Last full update
2023-03-24

Land area

Intended size
19 732 ha
Size under contract (leased or purchased area)
  • [2012, current] 19732.0 ha
Comment on land area
The plantations include Biase (8,688 hectares), Ibiae (5,561 hectares), and Calaro (5,483 hectares). One source mentions 35,000ha in total.

Intention of investment

Intention of investment
  • [current] Agriculture unspecified
Comment on intention of investment
Oil palm for multiple uses

Negotiation status

Negotiation status
  • [2012, current] Concluded (Contract signed)
Comment on negotiation status
During a recent privatization round, the company won bids for 3 plantations

Implementation status

Implementation status
  • [2013, current] Startup phase (no production)
Comment on implementation status
RSPO has requested the company to halt all activities until it has complied with its regulations