BREAKING: Uba Sani Pulls $3.2bn Investment Wave Under 3 Years – Centre
KADUNA — The Centre for Kaduna Economic Renewal (C4KER) on Saturday declared that Governor Uba Sani has triggered an unprecedented economic surge in Kaduna State, securing over $3.2 billion in foreign investment commitments and mobilising more than ₦1trillion in domestic capital in less than three years.
This was dislosed at a media conference on Saturday evening by Chairman of the Centre, Umar Mohammed, who explained that since May 2023, Kaduna has attracted over 27 major company investments and MoUs, with 10 projects already operational or under construction and six additional high-value deals at advanced stages.
According to the Centre, the investment portfolio includes a $350 million hydrogen and power project, a $150 million Smart City pipeline, a $120 million greenhouse agro-industrial initiative, a $50 million soya-bean refinery, a $450 million Nigeria–China agricultural programme; a $20 million premium seed development project, and a $300 million solid minerals investment pipeline, alongside sovereign and development finance inflows exceeding $100 million.
C4KER noted that some projects have moved beyond agreements to implementation, including operational CNG/LNG gas infrastructure in Kakau, advancing lithium processing facilities, and scaling agro-industrial ventures under the Special Agro-Industrial Processing Zone framework.
On the fiscal front, the Centre credited reforms at the Kaduna State Internal Revenue Service (KADIRS) for boosting Internally Generated Revenue from ₦62.48 billion in 2023 to about ₦71 billion in 2024, placing Kaduna as the highest IGR-generating state in Northern Nigeria, with projections targeting ₦100 to ₦120 billion annually.
“A decade of economic drive has been compressed into less than two years,” the Centre stated, insisting that Kaduna has shifted from investment scarcity to measurable capital visibility under Uba Sani’s administration.
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