Kaduna attracts $3.2bn foreign investments in under three years — Centre
Governor Uba Sani has secured over $3.2 billion in international investment and raised over ₦1 trillion in domestic capital in less than three years, according to the Centre for Kaduna Economic Renewal report.
The group praised this accomplishment as an extraordinary economic turnaround for Kaduna State.
According to Vanguard, the Centre's Chairman, Umar Mohammed, noted that since taking office in May 2023, the Sani administration has received over 27 big firm investments and Memoranda of Understanding. He noted that ten projects are now functioning or under construction, with six high-value deals in the advanced stages of discussion.
The group praised this accomplishment as an extraordinary economic turnaround for Kaduna State.
According to Vanguard, the Centre's Chairman, Umar Mohammed, noted that since taking office in May 2023, the Sani administration has received over 27 big firm investments and Memoranda of Understanding. He noted that ten projects are now functioning or under construction, with six high-value deals in the advanced stages of discussion.
These investments are spread throughout important areas such as energy, agriculture, solid minerals, and urban infrastructure. They have positioned Kaduna State as a top choice for both foreign and domestic investment.
Key projects highlighted include a $350 million hydrogen and power project, a $150 million Smart City pipeline, a $120 million greenhouse agro-industrial project, a $50 million soybean refinery, and a $450 million Nigeria-China agriculture initiative. Additional endeavours include a $20 million premium seed development project and a $300 million solid minerals investment pipeline. Sovereign and development financing inflows have exceeded $100 million.
Several proposals have moved from consensus to actual implementation. These include operating CNG/LNG gas infrastructure in Kakau, lithium processing facilities, and expanding agro-industrial ventures within the Special Agro-Industrial Processing Zone framework.
Key projects highlighted include a $350 million hydrogen and power project, a $150 million Smart City pipeline, a $120 million greenhouse agro-industrial project, a $50 million soybean refinery, and a $450 million Nigeria-China agriculture initiative. Additional endeavours include a $20 million premium seed development project and a $300 million solid minerals investment pipeline. Sovereign and development financing inflows have exceeded $100 million.
Several proposals have moved from consensus to actual implementation. These include operating CNG/LNG gas infrastructure in Kakau, lithium processing facilities, and expanding agro-industrial ventures within the Special Agro-Industrial Processing Zone framework.
On fiscal matters, C4KER attributed the gains to reforms implemented at the Kaduna State Internal Revenue Service (KADIRS). These efforts boosted Internally Generated Revenue (IGR) from ₦62.48 billion in 2023 to about ₦71 billion in 2024. Kaduna now ranks as the highest IGR-generating state in Northern Nigeria, with future projections aiming for ₦100–₦120 billion annually.
“A decade of economic drive has been compressed into less than two years,” the Centre said, noting that Kaduna has transitioned from investment scarcity to measurable capital visibility under Governor Uba Sani’s administration.

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