Business a.m.

Kano invests N150bn in developing critical infrastruc­ture

- Jacob Ajakaiye, in Kano

THE KANO SUB NATIONAL government in Nigeria on Thursday said it was expending over N150 billion (about $0.5 billion) in the constructi­on of critical infrastruc­ture directed to aiding economic developmen­t in the state.

Aminu Wudil, the state’s commission­er for works and transport, listed some of the critical projects which the state is developing to include the on-going electricit­y project on Tiga/Challawa Dam that is planned to power to industrial activities in the state.

Wudil, representi­ng the governor of the state, Abdullahi Umar Ganduje, at the maiden conference of State-Owned Investment Companies of Northern Nigeria organised by Kano State Investment and Properties Limited, said the administra­tion is also developing flyover, under-ground pass ways, and hospitals aimed at making the state conducive for economic activities.

He expressed delight that the management of KSIP had within the span of four years turned around the fortunes of the company to the admiration of all through the various achievemen­ts it recorded.

“The company was able to record the heights it achieved due to the sustained efforts of the state government which created conducive environmen­t and economic growth and developmen­t in the state,” he said.

He added that the state government had built a strong economic base through the provision of incentives to investors and also empowering entreprene­urs who form the bulk of the lower level of the economic strata, stressing that the government has also placed more attention on the developmen­t of critical sectors such as roads, bridges, hospitals and power.

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