Business A.M
No Result
View All Result
Thursday, March 12, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Nigeria Frontier Markets

Kano’s $150m solar power project caught in political spat

by Admin
June 20, 2019
in Nigeria Frontier Markets

By Jacob Ajakaiye, in Kano

 

  • Project backed by Black Rhino Group, Dangote

 

As the rift between Kano State Governor, Abdullahi Ganduje, and Emir Muhammadu Sanusi, deepens, there is fear that the multi-million privately initiated solar power project being facilitated by the emir, might suffer a set-back.


The project which, on completion, is expected to contribute 100megawatts to the state pool of electricity supply, is at conception stage, and is regarded by development experts to be a high value project that will assist in reinvigorating the state`s ailing industrial economy.
The power plant is being jointly financed through a global strategic partnership being driven by The Black Rhino Group, which Emir Sanusi, co-chairs with an American investor, and Dangote Group of Industries.
The new state-of-the-art renewable energy plant will be converting the abundant solar energy available in the state to electricity, to meet the demand for the electricity support in the state, which total demand is put at over 500 megawatts.

A Memorandum of Understanding (MoU) towards the actual development of the project was officially signed by The Black Rhino Group, and the Dangote Industries Limited, and the Kano State Government, at a ceremony presided over by Usman Alhaji, the secretary to the state government (SSG).
The two companies are to jointly invest $150 million in the development of the plant in what the President of the Dangote Group, Aliko Dangote, who was represented at the occasion through Mansur Ahmed, group executive director of Dangote Industries Limited, said was geared at resuscitating dying economic activities in the state.
According to Mansur, if things work-out as planned, the actual development of the physical structure of the plant which is going to be a state-of-art renewable energy plant is expected to start before the end of the year.
“On behalf of Alhaji Aliko Dangote, Group President/Chief Executive of Dangote Group, it is my honour and pleasure to sign this Memorandum of Understanding between our Group and the Government of Kano State for the proposed 100MW Dangote –Black Rhino Solar Power Plant.
“This MoU is yet another milestone in the evolving partnership between the Dangote Group and Government of Kano State in our determined efforts to bring about the much needed improvement in the economy of our great state and the welfare of our people.
“As we all know Kano`s pre-eminent status as a great entrepot and center of commerce in the sub–Saharan region for almost two centuries has sadly declined over the past three decades as a result of sustained contraction of the state`s once vibrant industrial and commercial activities.
“Arresting this decline and restoring the State`s economic vibrancy must therefore be the desire of every citizen of the state. Our Group President, being an eminent son of the soil cannot but share this aspiration,” he noted.
Mansur had then disclosed that the intervention by the company was borne out of the realization of the fact that gross inadequacy in supply of reliable and affordable electricity was one of the critical challenges facing the state`s economy.
“This project which will, on completion add 100MW to the state`s electricity supply, is therefore fully in line with our Group`s strong commitment to contribute to the reinvigoration of the state`s economic potential and over all national development.
“The power plant which will be fully financed jointly by Dangote Industries Limited, and our global strategic partner – The Black Rhino Group, will be a state-of-the -art renewable energy plant,” Mansur added.
Governor Ganduje, recently identified the poor state of electricity supply as the biggest development challenge confronting the state, which is fast losing it competitive industrial advantage.
“Electricity is a big problem – everybody knows, electricity is one of the things that made our industries to collapse. So, that is why we decided in getting three investors in the area of electricity to get us 100MW of solar system,” he said.

Fact checks conducted by business a.m. indicate that a total of 232 manufacturing plants have closed down in the city of Kano between 1994 to date, attributable mainly to electricity outage issues.
Latest data sourced from the Kano branch of the Manufacturers Association of Nigeria (MAN), shows that the closed down plants are among over 338 existing in Sharada/Challawa and Bompai Industrial Estate, the two estates where the bulk of industrial activity is concentrated in the city.
A total of 106 out of the 155 industries were known to have closed down in Sharada/Challawa, while, a total of 126 out of 183 industries folded up in Bompai, within the period.
Development experts see the new investment being initiated by Emir Muhammadu Sanusi, and Africa’s richest man, Aliko Dangote, who is an indigene of the state, as one of the possible solutions to the electricity challenge.

Admin
Admin
Previous Post

IMF salutes Emefiele on reappointment as CBN gov

Next Post

1000 youths, women benefit from lawmaker’s agric programme in Enugu

Next Post

1000 youths, women benefit from lawmaker’s agric programme in Enugu

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Study ranks New Zealand, Japan among safest countries if global war erupts

Study ranks New Zealand, Japan among safest countries if global war erupts

March 12, 2026
AI, cloud shift redefining skills for next-generation software developers 

AI, cloud shift redefining skills for next-generation software developers 

March 12, 2026
Crude oil dips amid muted market response to EU Russian sanctions

Oil climbs toward $100 as tanker attacks heighten Middle East supply fears

March 12, 2026
Nigeria’s non-oil export earnings jump to N12.36trn amid diversification drive

Nigeria’s non-oil export earnings jump to N12.36trn amid diversification drive

March 11, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Oyo targets 500 MW energy generation by 2027

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Study ranks New Zealand, Japan among safest countries if global war erupts

Study ranks New Zealand, Japan among safest countries if global war erupts

March 12, 2026
AI, cloud shift redefining skills for next-generation software developers 

AI, cloud shift redefining skills for next-generation software developers 

March 12, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M