The Centre for Kaduna Economic Renewal has revealed that Governor Uba Sani has secured over $3.2 billion in foreign investment commitments and mobilised more than ₦1 trillion in domestic capital in less than three years.
The group described this achievement as an unprecedented economic turnaround for Kaduna State.
Vanguard reported that the Centre’s Chairman, Umar Mohammed, stated that since assuming office in May 2023, the Sani administration has attracted over 27 major company investments and Memoranda of Understanding. He added that 10 projects are already operational or under construction, while six high-value deals are at advanced negotiation stages.
These investment inflows span critical sectors such as energy, agriculture, solid minerals, and urban infrastructure. They have positioned Kaduna State as a prime destination for both foreign and domestic investors.
Key projects highlighted include a $350 million hydrogen and power project, a $150 million Smart City pipeline, a $120 million greenhouse agro-industrial project, a $50 million soya-bean refinery, and a $450 million Nigeria–China agricultural programme. Additional initiatives feature a $20 million premium seed development project and a $300 million solid minerals investment pipeline. Sovereign and development finance inflows have surpassed $100 million.
Several initiatives have progressed from agreements to actual implementation. These include operational CNG/LNG gas infrastructure in Kakau, lithium processing facilities, and expanded agro-industrial ventures within the Special Agro-Industrial Processing Zone framework.
On fiscal matters, C4KER attributed the gains to reforms implemented at the Kaduna State Internal Revenue Service (KADIRS). These efforts boosted Internally Generated Revenue (IGR) from ₦62.48 billion in 2023 to about ₦71 billion in 2024. Kaduna now ranks as the highest IGR-generating state in Northern Nigeria, with future projections aiming for ₦100–₦120 billion annually.
“A decade of economic drive has been compressed into less than two years,” the Centre said, noting that Kaduna has transitioned from investment scarcity to measurable capital visibility under Governor Uba Sani’s administration.
