Kaduna Has Attracted Over $2.6bn Worth Of Investments Since 2016 – Govt

News Update
Executive Secretary of the State Investment Promotion Agency (KADIPA), Umma Aboki at a press conference on September 8, 2021.


The Kaduna State Government says it has attracted over $2.6 billion of local and foreign investments to the state through its annual economic and investment summit which commenced in 2016.

The Executive Secretary of the State Investment Promotion Agency (KADIPA), Umma Aboki, disclosed this at a pre-event press conference on Wednesday.

She said the 6th edition of the summit will hold between September 23 and 24, with the theme, Towards A Sustainable Knowledge-Based Economy.

Explaining the theme, Aboki identified information as key and the best way towards achieving a responsive, innovative, and resilient economy especially after the global exploits of COVID-19.

She further explained that this year’s summit will, again, showcase and promote Kaduna State to domestic and international investors as a major investment destination in Africa including the tourist attractions across the state.

The KADIPA boss also listed some of the benefits recorded by the five previous editions of the investment summit to include improvement in Internally Generated Revenue (IGR), maintaining the position of the state as number one in ease of doing business, gaining active investors, and industrialisation of the state.

According to the organisers, Vice President Professor Yemi Osinbajo, will be the special guest at the summit, which will feature a hybrid event, with attendance being both physical and virtual.

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