The Director-General and Chief Executive Officer of Kano State Investment and Diaspora Agency (KanInvest), Muhammad Nazir Halliru, says the state is set to witness new investments in energy and manufacturing sectors as part of efforts to drive industrial growth and economic development.
Halliru disclosed this on his verified social media platform on Thursday, noting that the agency held strategic engagements with key investors, including NM Energy Partners and NB Ceramics Ltd.
According to him, NM Energy Partners expressed plans to establish a Compressed Natural Gas (CNG) power plant in Kano to serve industries across the state. He said the project would provide affordable and cleaner energy alternatives to support industrial operations and reduce dependence on diesel-powered generators.
He also said the agency received representatives of NB Ceramics Ltd, who visited to discuss the company’s expansion plans and explore additional incentives to enhance their operations in the state.
Halliru added that both engagements were in line with the vision of Gov. Abba Kabir Yusuf to make Kano a business-friendly and investment-ready state.
He further stated that KanInvest was also collaborating with Carter Consulting, the Transaction Advisors for the Special Agro Processing Zone (SAPZ) project, to design an investment pillar that would attract both local and foreign investors.
“The SAPZ project promises huge potential for the state, creating sustainable markets for our farmers and aligning with our five-year investment plan,” he said.
Halliru assured that the ongoing engagements with private sector players would continue to position Kano as a preferred destination for investment in Nigeria.