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Deal #8679 Version #83870

Nigeria

Created at

2021-03-10

Last update

2021-03-10

Last full update

2022-06-20

Land area

Intended size

5 000 ha

Size under contract (leased or purchased area)

[current] 5000.0 ha

Intention of investment

[current] Livestock

Nature of the deal

Lease

Comment on nature of the deal

Initial lease to Shonga Farms (deal 1683)

Negotiation status

[2009, current] Concluded (Contract signed)

Comment on negotiation status

Spun off from Shongwe Farms, which was established in 2005

Implementation status

[2005, current] In operation (production)

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Comment on contract farming

In 2015 a contract growing scheme was initiated to assist and develop indigenous farmers with commercial farming practices. Maize and soya production was increased and purchased from local farmers for milling.