adplus-dvertising
Business News

Katsina Govt unveils Green Growth Agenda with N5 billion to accelerate climate project implementation 

WATCH THE VIDEO HERE

Katsina State Governor, Dikko Umaru Radda, on Wednesday unveiled the Katsina State Green Growth Agenda (KAGGA), a roadmap that will, among other objectives, establish a N5 billion investment fund to accelerate the implementation of climate infrastructure projects in the state.

The governor made the announcement during his address at the Katsina State Climate Action and Green Investment Summit, held at the Transcorp Hilton Hotel, Abuja, and attended by Naijaonpoint.

He described the agenda as a significant milestone in the state’s development journey—a roadmap to harmonize economic progress with ecological preservation.

According to the governor, KAGGA commits to scaling up drip irrigation, drought-resistant crop varieties, and agroforestry to protect farmers from climate shocks, while harnessing the state’s potential to become Nigeria’s solar powerhouse.

We plan to electrify 500 rural communities with solar mini-grids by 2030, bridging the energy access gap that currently affects 60% of our rural population,” he added.

“Secondly, we will allocate 30% of our annual budget to climate-resilient infrastructure and establish a Green Investment Fund to de-risk projects and accelerate implementation, with an initial capitalization of N5 billion and mechanisms to leverage additional private capital,” he added.

Addressing private investors, the governor said Katsina offers unparalleled opportunities in solar energy, sustainable agriculture, and green industrialization.

“We are streamlining regulations and offering incentives to make your investments secure and profitable. Our new one-stop investment facilitation center will reduce bureaucratic hurdles, while our tax incentives for green businesses ensure competitive returns,” he said.

Speaking at the event, the United Nations Resident Coordinator in Nigeria, Mohammed Malick Fall, urged the government to go further by developing sub-national plans to tackle climate change.

“We must act now. Global investment in clean energy is at record levels. Countries with clear climate strategies are attracting capital, technology, and innovation,” he said.

“Innovative models—especially around the green economy—must guide our path forward,” he added.

The UN has welcomed the Katsina State Government’s green economy investment drive.

Nigeria and several of its states have secured numerous climate change partnerships and investments over the years.

Between 2015 and 2021, the country received $4.928 billion for 828 climate-related projects, according to a report by Connected Development (CODE) in partnership with INKA Consult and Oxfam International.

WATCH FULL VIDEO

WATCH THE VIDEO HERE