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BREAKING: Kano, Katsina, Jigawa Launch ₦50 Billion Regional Electricity Market

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In a historic move to tackle Nigeria’s lingering power challenges, the northwestern states of Kano, Katsina, and Jigawa have jointly launched the country’s first regional electricity market, committing an investment of ₦50 billion to expand power generation and improve access to millions across the region.If You’re Reading From Phoenix Click On Read Original  at the top To Read Full Article

The initiative, unveiled after a weekend Electrification Summit in Marrakech, Morocco, marks a groundbreaking alliance between state governments and private investors under the 2023 Electricity Act, which empowers states to produce, transmit, and distribute electricity within their borders.

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Under the agreement, the three states will acquire ownership stakes in Future Energies Africa (FEA) — the lead investor in Kano Electricity Distribution Company (Kano DisCo). The partnership aligns local development priorities with utility reform and long-term sectoral goals.

Governors Abba Kabir Yusuf (Kano), Dikko Umar Radda (Katsina), and Umar Namadi (Jigawa) attended the summit alongside energy regulators, private-sector leaders, and international consultants.

According to Sani Sani, Head of Corporate Communications at Kano DisCo, the collaboration will help reduce losses from residential customers and enhance supply reliability across the region.

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“FEA and state representatives will convene annual international retreats and meet quarterly to review progress, set direction, and strengthen ties for the North-Western Tri-State Electricity Market,” he said.

At the core of the plan is a ₦50 billion Electrification Fund targeting renewable energy, embedded generation, solar home systems, and mini-grids. The fund will prioritize rural communities and industrial clusters in Sharada and Bompai (Kano), Dutsin-Ma (Katsina), and Gumel (Jigawa) — zones expected to anchor the region’s new power infrastructure.

With a combined population of nearly 40 million, the three-state collaboration signals a regional blueprint for energy independence, industrial revival, and inclusive economic growth across Northern Nigeria.

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𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!

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