Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5042
Deal #5042 Version #70825
Nigeria
Created at
2016-05-17
Last update
2021-09-22
Last full update
2024-08-23
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
Intention of investment
- [2002, current] Agriculture unspecified (10791.0 ha)
Nature of the deal
Nature of the deal
Outright purchase
Negotiation status
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
Implementation status
- [current] In operation (production)
Contract farming
Contract farming
No