Categories: News

Kaduna govt seals energy investment deal at London summit

Kaduna State Governor Uba Sani has announced new investment prospects for the state following his participation at the Kaduna Electric Franchise Area Energy and Investment Summit held in London, United Kingdom.

The summit, themed “Driving Energy Investment and Regional Development,” brought together key stakeholders, investors, and development partners to explore opportunities in Nigeria’s electricity sector.

Sani attended the event alongside Zamfara State Governor Dauda Lawal, Kebbi State Governor Nasiru Idris, and Sokoto State Deputy Governor Idris Muhammad Gobir, as well as senior government officials from the participating states.

Sani commended ASI Engineering Limited and Kaduna Electric for organising the summit, describing it as timely and crucial for Nigeria’s electricity sector.

According to the governor, discussions at the summit focused on leveraging opportunities created by the Electricity Act 2023 to improve power supply and drive regional development across Northern Nigeria.

He noted that Kaduna State is transitioning from reliance on centralised power supply to developing a structured subnational electricity market aimed at boosting investor confidence and improving energy security.

Sani also emphasised the importance of regional collaboration among Kaduna, Kebbi, Zamfara, and Sokoto States, noting that their shared electricity distribution franchise makes coordinated planning essential for attracting private investment.

He revealed that discussions during the summit attracted strong interest from credible investors willing to deploy capital in power generation, distribution optimisation, and embedded energy solutions across the region.

Uba Sani seeks NITP’s partnership on urban development

The governor further disclosed that Kaduna State is implementing reforms to strengthen its electricity framework, improve regulatory clarity, and enhance consumer protection.

He added that the Kaduna Power Supply Company is being strengthened to drive institutional capacity while investments in renewable energy and network infrastructure are being prioritised.

A major highlight of the summit was the signing of a Memorandum of Understanding (MoU) between Kaduna State and ASI Engineering Limited to support sector reforms, network expansion, and long-term energy security.

Sani said the agreement reflects Kaduna State Government’s commitment to building a credible and bankable energy market capable of attracting sustained private sector partnerships.

He expressed optimism that the engagement would translate into measurable improvements in power supply and economic growth across Kaduna and the wider northern region.

“The proposition is clear: Kaduna offers a structured, credible, and bankable energy market. The imperative now is sustained partnership to translate this potential into measurable and lasting impact,” the governor stressed.

Segun Ojo

Recent Posts

Xavi barred from Barcelona legends matches amid election fallout

Former Xavi Hernández has reportedly been prevented from featuring for the FC Barcelona Legends team…

1 hour ago

FIFA unveils golden awards ahead of World Cup

FIFA has officially unveiled the iconic individual awards that will be presented at the upcoming…

1 hour ago

Reno Omokri slams Davido’s abduction campaign, warns against publicity

Former presidential aide Reno Omokri has criticised Afrobeats star Davido over his public campaign for…

2 hours ago

Trump cancels planned strikes on Iran

United States President Donald Trump on Thursday cancelled planned strikes against Iran, hours after threatening…

2 hours ago

Papiri attack: Court sentences five terror convicts to 25 years each

The Federal High Court in Abuja has sentenced five men to 25 years imprisonment each…

2 hours ago

Kolu alleges neglect by Carter Efe

Content creator Kolu has renewed his criticism of fellow entertainer Carter Efe, accusing him of…

2 hours ago

This website uses cookies.