Kaduna seals N15b energy deal as Zamfara seeks regional investment

Kaduna State governor Sani Uba

Governor Uba Sani has led high-level engagements at the Kaduna Electric Franchise Energy Summit in London, advancing the state’s drive for sustainable power and economic growth.

In a statement signed by the Commissioner for Information, Ahmed Maiyaki, the summit was described as a key step in the governor’s broader agenda of industrialisation, investment attraction, and shared prosperity, with reliable energy positioned as a critical enabler.

It stated that Governor Sani’s participation reflected “Kaduna’s commitment to strategic partnerships and regional collaboration to expand energy access and accelerate development.”

The statement stressed that the governor joined his Zamfara and Kebbi counterparts, Dauda Lawal and Nasir Idris, to promote regional cooperation and engage investors and stakeholders on scalable energy solutions.

A major highlight was the signing of an MoU with ASI Engineering Limited to drive power sector reform and infrastructure expansion.

The commissioner noted: “Kaduna State will invest N15 billion for a 5.54 per cent equity stake in the company — translating to an indirect 4.13 per cent stake in Kaduna Electric.

“This investment is a deliberate step to secure Kaduna’s energy future, power industrial growth, and improve livelihoods.”

Similarly, his Zamfara counterpart canvassed a robust regional investment. He made the appeal at the event themed: ‘Driving Energy Investment and Regional Development’.

The summit prioritised investment opportunities within the Kaduna Electric franchise area and operationalisation of the 2023 Electricity Act, with a focus on unlocking private sector participation and enhancing energy access across the region.

The Zamfara government has been committed to creating an enabling environment that would attract investment and promote efficient electricity generation, distribution, and management.

The state is also exploring new opportunities created by the Electricity Act 2023, including expanded regulatory powers granted to states and strategic pathways Zamfara could adopt to strengthen electricity governance, improve market efficiency, and accelerate access to power across communities.

Under Governor Lawal, the state’s energy policy was tailored to align with the new electricity policy bill and the ongoing national power sector reforms.

The Zamfara electricity agency was created by the current administration, with a mandate to power rural and urban communities primarily through renewable energy.

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