Dangote Group says it has concluded plans to build a power generation plant that will be capable of producing 500 megawatt electricity in the commercial city of Kano.
The Group disclosed that in the next few weeks, it would be signing the final memorandum of understanding (MoU) with the Kano State government, as a step towards the official groundbreaking ceremony of the project.
Mansur Ahmed, who is an executive director in charge of stakeholders’ management and corporate communication of the company, gave this hint in his address at the ‘Dangote Special Day’ at the ongoing 36th Kano International Trade fair, weekend.
Ahmed, who represented Aliko Dangote, president of the company, at the special day, noted that the decision by the company to invest in the construction of the power generation plant was borne out of the need to support the socio-economic of the country.
“The resolve of the Dangote Group to invest in power generation is a move to help address the challenge of electricity outages that has being having crippling effect on industrial activities in country, particularly in Kano, and its environs.
“The company choice to build the project in Kano, as a way to resuscitate manufacturing, and other productive operations that is on the verge of completes extinction as a result of electricity outages.
“The power plant is going to generate about 500 megawatt that will serve Kano and it neighbouring states of Jigawa, Katsina, and some parts of Kaduna,” he said.
The executive director disclosed that the company had expended about N2 billion so far in the execution of projects under it corporate social responsibility’s component.