Deal #6770

Location #1

Spatial accuracy level
Approximate location
Location
Ikot-Okpora, Nigeria

Facility name
Ikot Okpora
Target country
Nigeria

Land area

Size under contract (leased or purchased area, in ha)
[2003] 10000
Size in operation (production, in ha)
[2003] 2211
Comment on land area
2211 ha relates to size under operation when it was privitized

Intention of investment

Intention of investment
Non-food agricultural commodities
Comment on intention of investment
Ikot Okpora and Agoi/Nko Rubber plantations were established (respectively acquired) in 1959 and 1963. However, the rubber estates were privatized to Pamol Nigeria Ltd. in 2003.

Nature of the deal

Nature of the deal
Concession

Negotiation status

Negotiation status
[2003] Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)
Comment on implementation status
Plantation was previously in operation when privitized

Operating company

Operating company
Comment on investment chain
The parent company was formerly known as Dunlop Nigeria Plc and changed its name to DN Tyre & Rubber Plc in April 2009. (source: africanfinancials.com)

 

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Data source #1

Data source type
Research Paper / Policy Report
Publication title
The politics of the forest frontier: Negotiating between conservation, development, and indigenous rights in Cross River State, Nigeria
Date
2014-05-01
Comment on data source
Investor info, concession size, year of privatisation

Data source #2

Data source type
Media report
File
Publication title
Dn Tyre & Rubber PLC
Date
2019-28-05
Comment on data source
Company summary

Data source #3

Data source type
Media report
File
Publication title
Company Overview of DN Tyre & Rubber Plc
Date
2019-28-05
Comment on data source
Company overview provided by Bloomberg

Data source #4

Data source type
Media report
File
Date
2018-10-04
Comment on data source
Company information. Brief description on land land deal

Former land owner (not by constitution)

Former land owner
State

Former land use

Former land use
Commercial (large-scale) agriculture
Comment on former land use
Rubber plantation

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Rubber tree

May 28, 2019, 2 p.m.

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April 24, 2019, 11:55 a.m.

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Feb. 12, 2019, 8:41 a.m.

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