QATAR REPORT CARD: KADUNA GOVT. SECURES $350M HYDROGEN PLANT INVESTMENT

Uba Sani, the Kaduna State Governor, has highlighted some significant outcomes of the two-day state visit to Qatar with President Bola Tinubu, as part of efforts to attract more foreign investments across multiple sectors to Nigeria.

According to him, “Two Abu-Dhabi based companies, Masdar and Taqa, expressed interest in collaborating with the Kaduna State Government in the areas of power generation and distribution using gas.”

He stated, “We held fruitful meetings with investors in the areas of solid minerals, agriculture, and energy and infrastructure development. CGK GLOBAL, a waste management company with the capacity to generate hydrogen and electricity, wants to set up a plant in Kaduna with the possible injection of $350 million.”

Mr. Sani also revealed that Kaduna State was able to attract investors across mining, health and medical services, gas, and agriculture – which constitutes one of the seven pillars of his administration’s SUSTAIN manifesto.

In a statement, Mr. Sani said that the state visit gave the Kaduna State Government the opportunity to strengthen its existing partnerships with the Qatari Government and the state-led humanitarian organization, Qatar Charity, while exploring new areas of cooperation.

The governor further stated, “International corporations such as PASKO Limited, a South Korean international mining company with a specific interest in lithium, want to invest in Kaduna State. Another international mining consortium, TROVEC Group, expressed interest in collaborating with the Kaduna State Government in prospecting, exploring, and exploiting different mineral deposits, as well as the establishment of a mining infrastructure fund.”

The Governor noted that, “Visits were also paid to one of the leading hospitals in Qatar, Sidra Hospital located in Doha, to study its healthcare model and explore the possibility of forging a partnership with the hospital to boost healthcare delivery in Kaduna State. While having discussions on a cooperative agreement regarding the running of the state-of-the-art 300-bed Kaduna Specialist Hospital.”

He added, “In the area of Agriculture, meetings were held with the Managing Director of Stallion Group Nigeria to finalize discussions on the establishment of a 100,000-hectare rice farm, as well as the setting up of an assembly plant for Ashok Leyland in Kaduna. We also held a meeting with representatives of a Qatar-based real estate company, Dream Construction, which expressed interest in partnering with the Kaduna State Government to develop the Mando Mechanics Village.”

Tobi Adetunji; From the News Source: Techeconomy