Kano Signs $3.98b MoU With 10 Firms

Governor Abdulahi Ganduje. Twitter

By Oladipupo Mojeed 

The Kano State government has signed a Memorandum of Understanding (MoU) with 10 reputable local and foreign companies for various contracts valued at over $3.98 billion.

This, it said, is part of the state government’s investment drive.

The companies include Brains and Harmers (N165 billion), Multivision Nigeria Limited (N2billion), Milestone International ($630 million), Blackrihino and Dangote Consulting ($150 million), Broadbased Nigeria Limited ($200 million), Eighteenth Engineering Company ($1.8 billion), Arewa Solar PV Synergy ($150 million), SharaDukiya Nigeria Limited ($100 million), Dangote Rice ($830 million), and Qingdao St Meer Solar Energy International ($120 million).

Speaking shortly after the signing ceremony to mark the end of the two-day Kano Economic and Investment Summit, Governor Abdulahi Ganduje said the state is aiming to become a mega city soon.

“Kano used to be a city, but we want it to become a mega city, a place where things are working, where services are working, electricity available without interruption and is adequate for industries; and adequate for private consumption.

“A megacity is a city where transportation system is efficient, a mega city is a place where industrial development is optimum so that there will be minimum level of unemployment,” the governor said.

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