Northwest Nigeria Creat Historic Power Alliance, Launches N50bn Electrification Fund
By Ayeeshat J Ahmad
The Kano , Katsina, and Jigawa states Government have announced a groundbreaking partnership to create a tri-state electricity market and collectively acquire a stake in the region’s power distribution company.
The agreement, finalized at a High-Level Electrification Summit in Marrakech, Morocco, from October 16-19, signals a unified front by the three Northwestern states to take direct control of their energy future.
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According to a press release from the Kano State Government, the three states will acquire equity stakes in Future Energies Africa (FEA), the core investor that controls the Kano Electricity Distribution Company (KEDCO).
This strategic investment is designed to bolster KEDCO’s direction and significantly enhance power supply to millions of residents and businesses across the region.
In his statement Kano State Commissioner of Power and Renewable Energy, Dr. Gaddafi Sani Shehu, outlined the key components of the historic pact:
Dr Gaddafi said the states will collaborate and harmonize regulations and explore areas of mutual benefit, creating a larger, more integrated power market that can attract greater investment.
Adding that the state governments will have a direct voice in the management and strategic direction of KEDCO, ensuring that the company’s priorities align with the developmental needs of the region.
“A massive N50 billion fund will be established to rapidly accelerate electricity access through multiple channels, including embedded power generation, solar home systems, grid extension projects, and mini-grids for remote communities”Dr Shehu added
Dr. Shehu emphasized that the partnership extends beyond financial investment.
“The states would work with KEDCO to reduce losses from residential consumers, ensuring improved electricity supply to citizens,” he stated.
pulse Time Nigeria reports that,To ensure the initiative remains on track, representatives from the three states will convene an annual international retreat and hold quarterly progress review meetings to set direction and strengthen collaboration.
This collaborative effort marks one of the most significant sub-national interventions in Nigeria’s power sector. By pooling their resources and political will, Kano, Katsina, and Jigawa aim to dismantle the long-standing barrier of unreliable electricity, which has stifled economic growth and hampered quality of life.