Deal #3078

Nigeria
Created at
2013-02-22
Last update
2020-01-31
Last full update
2018-06-15

Land area

Size under contract (leased or purchased area)
  • [1996, current] 2822.0 ha
Comment on land area
The total concession is 2,822 hectares, per the company website.

Intention of investment

Intention of investment
  • [current] Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [1996, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [1937, current] In operation (production)
Comment on implementation status
Unilever started development of the Cowan Estate in 1937. The estate was subsequently transferred to Pamol, a subsidiary of Unilever. In 1971, the Mid West Government purchased the estate from Pamol on behalf of OPC. In February 1996, Presco took over the Cowan Estate from OPC with a lease contract.