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Investors pledge N489.4 billion investment to Katsina

by Aisha Abubakar
November 25, 2025
in Around Nigeria
0
Investors pledge N489.4 billion investment to Katsina
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Foreign and domestic investors participating in the ongoing Katsina Economic and Investment Summit, 2025, have pledged investment of about N489.4 billion into the state’s economy.

Some of the investors who made the commitment in their separate goodwill messages included Dar Alhalal; CONSTRIX and Estate; Darma Rice Mill and Gobarau Agro Allied Companies.

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Others are Equatorial Marine Oil and Gas Company Limited (EMOG), Boko Fertilizer Nigeria Limited, among others.

Also, two business moguls from the state, Alhaji Umaru Mutallab and Alhaji Dahiru Mangal, also participated in the summit.

Declaring the summit open on Monday, Gov. Uamru Dikko Radda said Katsina’s rising profile is one of Nigeria’s fastest-emerging investment destinations, saying a recent study indicated that Katsina has a higher deposit of gold than any part of the country.

He said the state now presents a secured transparent, innovation-driven and politically supported environment for sustainable growth, adding that the state had put in place wide range institutional and administrative reforms aimed at improving the ease of doing business.

He reaffirmed that Katsina has long been a centre of scholarship, trade, and intellectual excellence—home to distinguished figures in politics, business, academia, and Islamic scholarship.

The governor, therefore, reiterated the administration’s commitment to preserving and elevating those legacies.

“We are building an economy that empowers young people, supports women-led enterprises, strengthens families, and restores dignity.

“My message to investors is simple. We have created a fertile and secure ground for your investments. Katsina is ready for you,” Radda said.

In a keynote address, Sen. Ibrahim Ida, said the state was endowed with abandoned natural resources, including fertile agricultural lands, livestock, solid minerals and renewable energy, among others.

He added that the state was positioned along the border with Niger Republic, which presents tremendous opportunities to tap into wider markets and benefit from regional partnerships.

Sen. Ida said that the state has demographic dividends by having a large youthful population both with a vibrant consumer market and a substantial labour force.

Earlier, the Director-General, Katsina State Investment Promotion Agency (KIPA), Alhaji Ibrahim Tukur-Jikamshi, described the summit as “a defining moment” in Katsina’s journey toward competitiveness, transformation, and private-sector driven growth.

The theme of the summit is: “Building the future of Katsina’s economy”.

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