Investing in Kano State

1
Investing in Kano State

• By Malam Ibrahim Shekarau
• Governor, Kano State, Nigeria

2
Facts About Kano State

• The most populous State in Nigeria with a
  population of 9,401,288, according to the
  official census figures of 2006
• Contributes 20 of the non-oil export revenue
• Has the largest number of dams for irrigation in
  Nigeria.
• Has the largest commodity market in West Africa
  sub-region - the Dawanau Grains Market
• Has the largest concentration of tanneries in
  Nigeria

3
Facts about Kano State

• Kano City, the capital of Kano State is a
  megacity
• It is the center of commerce of the Savannah
  region of West Africa
• Kanos influence is not only demographic, but
  also economic. This is because it represents an
  area of dominant influence over markets in
  adjacent areas.
• Kano State since 2003 is one of the best managed
  states in Nigeria, working with all the
  development partners
• According DFID World Bank 2008-sponsored report,
  Kano is one of the best four investment
  destinations in Nigeria

4
Kano State Economic Development Roadmap

• Inaugurated in 2007 with five core areas
• optimizing internally generated revenue to
  finance development
• investing in quality education
• promoting integrated agriculture
• providing an enabling environment for
  manufacturing, commerce and ICT
• creating jobs for women and youth

5
Kano State Economic Development Roadmap

• This was the Economic Development Agenda drafted
  with the consent of people through their
  representatives with the involvement of the broad
  spectrum of the society
• Incorporated in the States Appropriation Law of
  2008 and 2009 as enacted by State House of
  Assembly
• The Government has invested in the renewal of the
  Central Business District of the State Capital in
  the years 2008 and 2009

6
Providing the Enabling Environment for Business
and Investments

• Peaceful coexistence and inclusive politics has
  resulted in success stories, and the following
  are some of the opportunities that investors
  could explore in Kano
• Real Estate in the Central Business District
• ICT Park
• Irrigation and Agro-processing

7
ICT Park

• One of the few states in Nigeria that has ICT
  Policy
• The Park has been designated in the Center of the
  City at Gidan Ado Bayero. It is the only ICT Park
  of its kind in Northern Nigeria
• It shall host the only Soft Ware Testing
  Laboratory of the Microsoft Corporation in Nigeria

8
Central Business District

• The State Government is ready facilitate
  investment in the Central Business District. It
  is investing 16 of its Budgeted Funds in 2009 in
  renewing infrastructure of the district.
• The Government is willing to provide space for
  the following in the CBD
• 5 Star Hotel
• Office Blocks
• Housing
• Amusement Park

9
Public/Private Sector Partnership

• Kano State has one of the success stories of PPP
  in Nigeria. Presently the following PPP
  initiatives are in progress
• Kanawa Market which is expected to be the largest
  market in Northern Nigeria is under construction,
  with private investment of over N15 billion
• Mass Housing Scheme of 20000 Houses. Already the
  state government is constructing road networks
  and other infrastructures at one of the sites
• Independent Power Project is in progress with the
  Korean Firm of POSCO. It is planned that 450 MW
  power station will be constructed