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KNSG, 2 other states sign N 50bn energy investment deal

Energy

By Aminu Garko

Kano, Governors of Kano and Katsina States as well as their Jigawa colleague 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 October from Thursday to Sunday, according to Gov. Abba Yusuf’s spokesperson, Sanusi Bature.

 In a statement he issued in Kano on Tuesday, Bature quoted Yusuf as saying 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 for expanding electricity access via generation, grid extension, mini-grids and solar systems.

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

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

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