Kaduna Governor Secures $350 Million Investment Pledge from Qatar Visit.

26 Apr 2024

During a recent two-day state visit to Qatar alongside President Bola Tinubu, Kaduna State Governor Uba Sani emphasized significant outcomes aimed at attracting foreign investments across various sectors to Nigeria.

Sani disclosed that two Abu Dhabi-based companies, Masdar and Taqa, have shown interest in collaborating with the Kaduna State Government in power generation and distribution utilizing gas resources.

He further stated that productive discussions took place with investors in solid minerals, agriculture, energy, and infrastructure development. CGK GLOBAL, a waste management company, expressed intentions to establish a plant in Kaduna with a potential investment of $350 million for hydrogen and electricity generation.

Sani highlighted the successful attraction of investors in mining, health services, gas, and agriculture, which aligns with his administration's SUSTAIN manifesto.

The governor mentioned that the state visit facilitated the strengthening of existing partnerships with the Qatari Government and Qatar Charity, while also exploring new avenues for collaboration.

Various international corporations, including PASKO Limited from South Korea focusing on lithium mining and the TROVEC Group interested in mineral prospecting and establishing a mining infrastructure fund, expressed their desire to invest in Kaduna State.

Additionally, visits were made to Sidra Hospital in Doha to study its healthcare model and discuss potential partnerships to enhance healthcare delivery in Kaduna State. Discussions also ensued regarding cooperation for the management of the Kaduna Specialist Hospital.

In the agricultural sector, discussions were held with Stallion Group Nigeria to finalize plans for a 100,000-hectare rice farm and the establishment of an Ashok Leyland assembly plant in Kaduna. Furthermore, meetings with Dream Construction, a Qatar-based real estate company, explored partnership opportunities for developing the Mando Mechanics Village.


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