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Uba Sani Promises Support for Investment in Kaduna

Business
Blueprint
Uba Sani Promises Support for Investment in Kaduna

During a courtesy call with the management of Dangote Peugeot Automobile Nigeria Limited (DPAN), Kaduna State Governor Uba Sani reaffirmed the state's commitment to being investment-friendly. He pledged administrative support to enhance job creation and poverty alleviation through strategic initiatives.

Governor Sani noted that Kaduna State holds an 11.7% equity stake in DPAN and emphasized the importance of ensuring the success of local vehicle assembly initiatives, which could create approximately 1,000 direct jobs and numerous indirect job opportunities. He highlighted Kaduna's ranking as the second easiest state for business in Nigeria and mentioned ongoing infrastructure projects, including the construction of the largest ultramodern bus terminal in Nigeria.

The state has attracted $3.5 billion in local and foreign investments, with $743 million already actualized. Ibrahim Issa Gachi, Managing Director of DPAN, urged the governor to prioritize local assembly vehicles for the state’s official fleet and expressed plans to expand DPAN's presence in the Nigerian market, introducing new vehicle brands by 2027.

Plus234Feed summary based on reporting from Blueprint. Read the original report below.

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