Kano, Katsina, Jigawa sign N50 billion energy investment deal

Kano, Katsina, Jigawa sign N50 billion energy investment deal

Mr Yusuf noted that the partnership seeks energy sufficiency, economic inclusion, and a business-friendly environment for industrial growth.

Governors of Kano, Katsina, and Jigawa States have signed a ₦50 billion ‘Tri-State Energy Investment Agreement’ aimed at boosting energy security and economic transformation in Northern Nigeria.

The deal was finalised at the High-Level Electrification Summit in Marrakech, Morocco, from Thursday to Sunday, according to Governor Abba Yusuf’s spokesperson, Sanusi Bature.

In a statement in Kano on Tuesday, Mr Bature said Mr Yusuf noted that the partnership seeks energy sufficiency, economic inclusion, and a business-friendly environment for industrial growth.

“We aim to make Kano the industrial heartbeat of Northern Nigeria again. Investing in regional energy solutions empowers businesses, creates jobs, and ensures reliable electricity, driving prosperity,” he said.

The states will establish a ₦50 billion Electrification Fund to expand electricity access through generation, grid extension, mini-grids, and solar systems.

The Kano State power commissioner, Gaddafi Shehu, said the initiative would enhance KEDCO’s efficiency and unlock regional economic potential through better power supply.

The deal reflects Mr Yusuf’s vision for stable energy, positioning Kano as a regional power and investment hub.

(NAN)