Governor Nasir el-Rufai has stated that his State, Kaduna, needs $95.5 billion to address the state’s infrastructure needs for the next 30 years.
He said this at the third edition of the Kaduna Investment Forum. The governor boasted that his government had attracted investments into the state in the last two years, 79 percent of which he claimed were foreign investments.
He went ahead to list the investments attracted to the state to include: Kaduna Automobile Village, Green Economic Zone, Solar Power Project, Dangote-PAN Assembly Plant, Vilisco Textile Park and Arfa Dairy Farms and Ranches, among others. He expressed optimism that the investments already attracted to the state will begin to yield fruits before the next summit.
The former President of Tanzania, Dr. Jakaya Kikwete, who was in attendance, during his keynote speech, called on African countries to create conducive environment to entice investors to the continent. He said that as critical as the possession of mineral resources is, it cannot take the African continent to desired destination of development.