The Kebbi Investment Promotion Agency (KIPA) has attracted foreign investors’ commitments worth $4.10 billion across all sectors.

The director-general of the agency, Muhammad Kabir, disclosed this at a press conference in Birnin Kebbi on Tuesday.

He explained that the agency, in collaboration with similar agencies in the North-West, was planning to establish a joint energy plant that would serve the seven states in the region.

While highlighting KIPA’s achievements since its establishment in 2023, Mr Kabir said the agency’s breakthrough reflected a clear direction to build a competitive, transparent, and investment-ready economy driven by reform, partnership, and innovation.

He said, “The agency has continued to position Kebbi as a competitive investment destination and gateway to the West African market through strategic engagements, partnerships, and advocacy initiatives.

“These include strengthening partnerships with national institutions such as the NIPC, BOI, Afreximbank, and SMEDAN, among others, to align Kebbi State with national and regional investment frameworks.

“We successfully hosted the maiden Kebbi Investors Forum (KIF) 2026, which attracted global attention and positioned Kebbi State as a credible investment destination. The event received investment commitments valued at approximately $4.10 billion across key sectors, including mining; renewable energy – solar and EV mobility – manufacturing; agribusiness and agro-processing; transport; and logistics infrastructure.”

Mr Kabir noted that the agency has successfully linked domestic and foreign investors, resulting in joint ventures and the expansion of cross-border investment best practices.

Speaking on regional collaboration, the KIPA DG disclosed that investment promotion agencies in the seven North-West states were working to establish a joint energy plant to serve the people of the region.

“In the North-West, we have started to build synergy to establish a common electricity supply for all seven states in the region. This will enable us to reduce risk and share the burden.

“We have registered with the CAC, and our office is located at the Nigeria Governors’ Forum Office. We are hopeful that before the end of this year, we will release the blueprint for the project,” he said.

Mr Kabir explained that a large number of investors had been attracted to the state, adding that one company would soon begin assembling electric vehicles and motorcycles in Kebbi.

He added that Kebbi, under the leadership of Governor Nasir Idris, had steadily positioned itself as an investor-friendly destination and a gateway to other West African nations.

Mr Kabir said the reforms undertaken by the agency had focused on strengthening institutional governance, improving investment promotion and facilitation systems, and enhancing project preparation and bankability.

He added that since the agency’s debut, it had deepened private sector participation, eased doing business, and improved investor services, among other initiatives.

 (NAN)