Kano attracts N204bn FDI in 2025

By Samuel Solomon

The Director-General, Kano State Investment Promotion Agency (KANINVEST), Muhammad Nazir Halliru, said the state attracted Foreign Direct Investment (FDI) of over $150 million (over N204 billion) in 2025.

Halliru disclosed this during the 60th anniversary of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) held in Kano.

The director general explained renewable energy, comprising Liquified Natural Gas (LNG) and Compressed Natural Gas (CNG) programmes were some of the areas that attracted investors to the state.

He said the agriculture and transport sectors also attracted substantial investment last year.
Halliru said the state is targeting a $5 billion investment threshold in the next five years.

“Kano is a country within a country. Its GDP is more than what you can find in Liberia, Niger, Chad and other sub-African countries.

“We have big markets that run on millions of naira turn over in a day. We have markets like Dawanau grain market, Kwari textiles market and Sabongari market among others,” the DG said.

While emphasising that excellence in governance goes beyond policies and institutions, the DG noted that excellence in governance is reflected in leadership, accountability, transparency, and the ability to deliver measurable outcomes for citizens.

The DG highlighted how integrity, institutional effectiveness, and a deliberate investment promotion agenda of the state government are laying the foundation for Kano’s sustainable economic growth.