By Tanko Mohammed
Reports say Nigeria’s Kaduna State is becoming an investment destination having recorded $2.6 billion investment between January and March 2020.
The National Investment Promotion Council’s (NIPC) investment report indicated that $4.8 billion dollars’ worth of investments was recorded in Nigeria in the first quarter of 2020.
Out of the amount, Kaduna state attracted $2.61 billion, representing 54 per cent of the total investment, while Nasarawa and Lagos states trailed behind with one per cent each.
Other states of the federation pooled the remaining 44 per cent.
Kaduna state has over 40,000-kilometer square land mass, easily accessible for companies to build their factories and businesses and availability of solid minerals and transportation networks among others.
The Kaduna investors were 328 Support Services GmbH, a transport company from the U.S., a mining and quarrying company, African Industrial Group and Tomato Jos, a manufacturing company.