(AGENDAWATCHDOG) – Kano State Government Thursday began payment of compensation to landowners to kick-start the federal government’s N4 billion solar project for the industrial hub in the Kumbotso area of the state. The project, a 10 megawatts (MW) solar power, was conceived by the federal government as a result of the importance of generation and supply of electricity in the country to the economic development of the states.
Contact person of the project in Kano, Dr. Jibrilla Mohammed, who also doubles as the MD/CEO of Kano State Investment and Properties Ltd (KSIP), said, while handing over the over N42 million compensation to the over 100 beneficiaries at the palace of the District Head of Kumbotso, that the contribution of the state government was to provide the necessary facility including the over 43 hectares of land for the establishment of the project.
Mohammed further disclosed that the federal government gave the responsibility of managing the project to the Nigerian Sovereign Investment Authority (NSIA) and that the project had already been paid for completely, adding, however, that the arrangement was that while the federal government would foot 100 per cent of the cost of the project, the state and the local government were expected to also contribute their quota.
PROJECTED IMPACT: The power project, when completed, would help boost the rapid industrialization of the state, improve its economy and attract investors.