Kaduna gov signs MoU to boost power sector
SKAiF NewsNG SNN
The Governor of Kaduna State, Uba Sani, has signed a Memorandum of Understanding (MoU) with ASI Engineering Limited to drive power sector reform and infrastructure expansion.
In a statement issued by the Commissioner for Information, Ahmed Maiyaki, he said the governor gave his approval while leading high-level engagements at the Kaduna Electric Franchise Energy Summit in London, advancing the state’s drive for sustainable power and economic growth.
According to the statement, Kaduna State will invest N15 billion for a 5.54 per cent equity stake in the company, translating to an indirect 4.13 per cent stake in Kaduna Electric.
The statement described the summit as a key step in the governor’s broader agenda of industrialisation, investment attraction, and shared prosperity, with reliable energy positioned as a critical enabler.
“Governor Uba Sani’s participation reflects Kaduna State’s commitment to strategic partnerships and regional collaboration to expand energy access and accelerate development,” the statement said.
At the summit, the governor joined his Zamfara and Kebbi counterparts to promote regional cooperation and engage investors and stakeholders on scalable energy solutions.
“This investment is a deliberate step to secure Kaduna’s energy future, power industrial growth, and improve livelihoods,” the statement said.
