Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5042

Deal #5042 Version #70824

Nigeria

Created at

2016-05-17

Last update

2021-09-22

Last full update

2021-09-22

Land area

Size under contract (leased or purchased area)

[2002] 7805.0 ha
[2002, current] 10791.0 ha

Size in operation (production)

[2014, current] 5835.0 ha

Comment on land area

Additional 2986ha acquired in 2002. Approx 5835ha converted by 2014 inside the concession boundaries with an additional 930 ha converted outside concession boundaries. Another report states 12 000ha total size acquired.

Intention of investment

[2002, current] Agriculture unspecified (10791.0 ha)

Nature of the deal

Outright purchase

Negotiation status

[2002] Concluded (Contract signed)
[2012] Concluded (Change of ownership)
[2012, current] Concluded (Contract signed)

Comment on negotiation status

Purchased by Wilmar in October 2012

Implementation status