Deal #3079 Version 58631 Version 93901
Size under contract (leased or purchased area)
  • [2002] 7495.0 ha
  • 12560.0 ha
  • [current] 13159.0 ha
  • [2002] 7495 ha
  • [2012-12] 10β€―543 ha
  • [current] 13β€―545 ha
Size in operation (production)
  • [current] 8660.0 ha
  • [current] 8β€―614 ha
Comment on land area
3,000ha to be kept for conservation. Company website states contradicting size- 12560ha versus 13,159Ha (conservation area of 4,081Ha). 8,660Ha have been planted todate. The Ologbo land concession of 13,159 ha include a conservation area of about 4,081 ha. 8,660 ha have been planted to date.
3,000ha to be kept for conservation. Company website states contradicting size- 12560ha versus 13,159Ha (conservation area of 4,081Ha). 8,660Ha have been planted to date. Another section in the company website states ''The Ologbo land concession of 13,545 ha include a conservation area of about 4,413 Ha. total planted 8,614 Ha to date.''. HCV reports also have different sizes.
Intention of investment
  • [current] Agriculture unspecified (13159.0 ha)
  • [current] Agriculture unspecified (9β€―132 ha)
  • [current] Conservation (4β€―413 ha)
Comment on intention of investment
Presco Plc produces specialty fats and oils. The company specializes in the cultivation of oil palm and in the extraction, refining and fractioning of crude oil into finished products.
Comment on former land cover
Former Ologbo forest reserve but degraded by agricultural activities.
Processing facilities / production infrastructure of the project (e.g. oil mill, ethanol distillery, biomass power plant etc.)
The company has a palm oil mill, a palm kernel crushing plant and a vegetable oil refining plant in Nigeria.

Location #Ify_l9mE

Spatial accuracy level
Administrative region
Coordinates
Point
Lat: 6.05223
Lng: 5.66424
Lat: 6.10333
Lng: 5.63583
Description
Coordinates retrieved from page 4 Data source #bBHmK12q
Comment
Located in Ologbo Bridge

Data source #u0DmT1FX

Publication title
PRESCO PLC – Producer of Specialty Fats and Oils
Organisation
PRESCO PLC

Data source #SV49XSHb

File
Type
Company sources
Url
Keep PDF not public
No
Publication title
Plantation Concession Areas
Comment on data source
Date of access 30 August 2024. Land area information.

Data source #bBHmK12q

File
Type
Research Paper / Policy Report
Url
Keep PDF not public
No
Publication title
Assessment of High Conservation Values in Presco Ologbo extension concession nigeria
Date
2013-08-06
Organisation
Proforest
Comment on data source
Location information, land area information.

Data source #rDWpEAHx

File
Type
Research Paper / Policy Report
Url
Keep PDF not public
No
Publication title
Summary report of SEI and HCV assessment
Date
2015-03
Organisation
Proforest