Kano state government is partnering with the Tony Blair Institute for Global Change to attract $23.5 million worth of investment and wealth creation in the energy sector.
The investment opportunity is conceptualized under the Governor Initiative to Energize the Economy of Kano State (GEEKS) program focuses on reforming the energy supply to energize industrialization and core sectors of the economy in the state.
Receiving the conceptual framework of the GEEKS program during the 18th Executive Council (ExCo) at the Government House, Governor Abba Kabir Yusuf applauded the team for a well-articulated blueprint to drive the initiative.
In a statement by the spokesman of the Governor, Sanusi Bature Dawakin-Tofa, said the team, composed of representatives of the state government and Tony Blair Institute for Global Change (TBI), earlier took the council on the graphic presentation on the road map engendered to stimulate economic growth.
Country Director, TBI, Joy Dariye explained the energy sector reform roadmap is driven through key objectives, including strategic planning for State electricity market development and universal access focused on intensifying the use of electricity for commercial and industrial activities.
Victor Adamu, TBI Team Lead Energy & Climate, Nigeria, emphasized the reform also encompasses mapping the State in electricity demand lots based on demography and creating electrification pathways to drive universal access to electricity sustainably.
Furthermore, he mentioned that Kano state will de-risk electrification projects by leading project preparation such that projects are ready for private investment and development.
Besides, the TBI Energy & Climate Lead in Nigeria disclosed that the GEEKS initiative will enable the state to transition its transportation sector from conventional fuels dependent to electric-powered vehicles, starting with the conversion of existing 2-3 wheelers to e-Vehicles.
This is expected to be achieved through the setup of local assembly and manufacturing activities in the State. The 3-wheeler market currently grosses over N1 trillion annually, excluding capital costs. Subsequent phases will integrate e-taxis and buses for mass transit.
He added that the program will also drive productive use of renewable energy in agriculture and health sectors. This is through the deployment of solar-PV systems with energy storage for hospitals starting with all Primary health care centers and subsidized solar irrigation pumps, milling machines, and cold storage systems for smallholder farmers across the State.
Joy Dariye, the TBI Nigeria Country Director highlighted the economic benefits and employment opportunities engendered in the GREEKS program. According to her, the GEEKS program is targeted to attract millions of dollars in investment in the energy sector to energize industrial growth and create over 1 million jobs within 3 years.
“The project will also support the restoration of year-round agricultural production practices, increasing production by 35%. With energized Primary Health Care centers, it is expected that mortality rates will drop significantly, Dariye added.
Dawakin-Tofa, in the release, said Governor Yusuf is committed to leveraging the symbiotic partnership between the TBI and the Kano state government to build growth and development in Kano.
“The administration of Governor Abba Yusuf will lean on internal state resources with support from development partners in the form of concessional financing and technical assistance to catalyze robust private sector investments, the statement reads.”
The initiative is being facilitated by the Senior Special Assistant to the Governor on Renewable Energy Engr. Abduljabbar Muhammad Nanono.
