Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3100

Deal #3100 Version #58666

Nigeria
Created at
2013-02-22
Last update
2014-10-23
Last full update
2024-02-27

Land area

Intended size
21 696 ha
Size under contract (leased or purchased area)
  • [2010] 21696.0 ha
  • [2014, current] 41696.0 ha
Size in operation (production)
  • [2010, current] 15629.0 ha
Comment on land area
5874ha planted with Rubber, 9755ha planted with Palmoil, additional 20000ha acquired within Edo State in 2014.

Intention of investment

Intention of investment
  • [current] Non-food agricultural commodities, Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [1990, current] Concluded (Contract signed)
Comment on negotiation status
Privatisation of the Okomu Oil Palm Company.

Implementation status

Implementation status
  • [1976, current] In operation (production)

Contract farming

Contract farming
No
Comment on contract farming
OKOMU OPC contemplates establishing a smallholders’ programme.