- The Kano State Government plans to acquire a majority stake in KEDCO to reform the power sector and enhance electricity supply.
- It also approved the construction of 50 low-cost housing estates across 36 LGAs to tackle housing deficits and boost local economic growth.
The Kano State Government has approved plans to acquire a controlling stake in the Kano Electricity Distribution Company (KEDCO) and construct 50 low-cost housing estates, part of a broader push to strengthen infrastructure and boost economic growth.
Governor Abba Kabir Yusuf’s cabinet endorsed the initiatives at a recent executive council meeting, his spokesperson Sunusi Bature said on Sunday, November 2. The government stated that taking a majority position in KEDCO would enable long-delayed reforms to improve efficiency, accountability, and service delivery in the state’s ailing power sector.
Officials stated that the acquisition would also support industrial expansion and attract local and foreign investment, given Kano’s reliance on stable electricity for manufacturing and commerce.
In a related decision, the council adopted a new state electricity policy aimed at promoting the integration of renewable energy, operational efficiency, and long-term energy security.
Separately, the government approved the construction of 50 housing estates across 36 local government areas outside the metropolis to address the housing deficit and create employment opportunities. Each estate will include basic infrastructure such as roads, water and electricity.
“The administration of Governor Abba Kabir Yusuf remains committed to transforming Kano into an energy-secure and business-friendly state,” Bature said.