...Ganduje describes move as welcome development
Blackstone
and Dangote Industries today in Kano announced a commitment by Black
Rhino, a portfolio company of Blackstone Energy Partners to jointly
invest up to $10 billion in energy infrastructure projects in the state
and across East-South Nigeria, with a particular emphasis on renewable
energy, transmission and pipeline projects.
The
chairman of Black Rhino Group and Emir of Kano, Malam Muhammadu Sanusi
II, explained that his group and Dangote Industries would contribute $5
billion each for the construction of a coal power plant and a solar
energy project in Kano, as well as gas pipeline project from Akwa Ibon
to South west Nigeria, where Dangote Industries are concentrated.
Speaking
during a courtesy visit to the state governor, Dr. Abdullahi Umar
Ganduje, the Emir explained that the consortium decided embarked on the
power projects in Kano because of the power crisis in the state,
explaining that the coal project and the solar energy project would
produce about 1,000 MW and 100 MW respectively.
Malam
Sanusi expressed optimism that the projects would to a large extent
improve electricity power generation in the state for both the
consumption of Kano residents and for the revival of the ailing
industries in the state.
In
his remarks on the occasion, Chairman of Dangote Group, Alhaji Aliko
Dangote, who expressed optimism on the viability of the projects,
assured that it would improve power generation in the state and
resuscitate industries so that they can generate employment
opportunities for the teeming youth and make the economy vibrant.
He
explained that the gas project from the South East to Western Nigeria
would extend to Ghana and would go a long way in addressing the energy
needs of industries within the region, particularly those under the
Dangote group.
On
his part, the state governor, Dr. Abdullahi Umar Ganduje expressed the
hope that “the project would bail Kano State out of its prevailing
economic depression and uplift the state to another level of economic
prosperity and development”.
“Now
that the national economy is dwindling, we have no better way to revive
it than to invest in agriculture and resuscitate our industries”, the
governor stated, promising that the state government would provide land,
among other things, to enable the project to materialize.
Stressing
that power is very critical to the survival of industries in the State,
Dr. Ganduje announced that the state government is also making modest
effort to provide electricity through the ongoing multi-billion Naira
Independent Power projects at Tiga and Challawa, which would generate
35MW of electricity.
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