Spain to Invest 120 Million Euros on Solar Electricity in Kano

Solar-panel

A Spanish firm, ENAFRO, is going to bring a €120 million solar electricity project to Kano State, according to the coordinator of the project, former Managing Director of Unity Bank, Alhaji Jalaluddeen Muhammad.

Muhammad said that the project would take the period of fifteen months and the company requires nothing from the state government but a piece of land for the project.

Speaking during a courtesy visit to the state governor, Abdullahi Umar Ganduje by the Spanish Ambassador to Nigeria, Mr. Alfonso Sebastian at the government house yesterday, Muhammad said the firm is one of the biggest solar companies in the world, adding that they were in Kano to support Ganduje’s administration in providing electricity in the state using solar technology.

He said, “We are in this state with a desire to support your government to provide electricity using solar technology. The company is preparing to invest up to €120 million. What we want from your government, His Excellency, is the piece of land to execute the project.”

Muhammad however, said that the land requested by the firm depends on the capacity of electricity the state government needs, adding that the money invested in the project would be recouped in the period of 20 to 25 years, subject to agreement by the state government.

Earlier in a remark, Mr. Sebastian said that Spanish Government is willing to establish bilateral relationship with the government of Kano, adding that the country is ready to bring more investments into the state.

In his remark, governor Ganduje promised to provide land and other incentives that will encourage foreign investors to set up manufacturing plants and other infrastructure in the state.

He said that his administration does not tolerate corruption, adding that “because of Kano’s position as the populous city in Nigeria and commercial nerve centre of the Northern region and even some neighbouring countries, it is the best destination for doing business in the country.”

Ganduje also disclosed that the state government is planning to construct an ultra modern abattoir in the state which would provide raw materials for leather industries, especially those from Spain.

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