KATSINA – The Katsina State Executive Council has approved the construction of a striking 20-story residential building in the prestigious Victoria Island area of Lagos, marking a significant investment in real estate beyond the state’s borders. This initiative is part of a broader development strategy pursued by Governor Dikko Radda’s administration, which also includes a commitment to sustainable transportation. Following a key council meeting on Thursday at the Government House in Katsina, the state announced plans for the bulk purchase of electric and solar-powered vehicles and tricycles. This dual approach aims to address local challenges while positioning Katsina for long-term economic growth.
Aisha Aminu, Director General of the Katsina State Enterprise Development Agency, briefed reporters after the meeting, detailing the state’s innovative approach to public transportation. Faced with the ongoing challenge of rising petrol prices, the government is taking proactive steps to alleviate the financial burden on its citizens. The newly approved electric and solar-powered vehicle program aims to provide subsidized fares, making commuting more affordable for residents. Beyond the immediate benefit of cost savings, the initiative is also projected to stimulate job creation, offering employment opportunities for Katsina’s youth.
Kano-based company IRS, along with another yet-to-be-named supplier, has been selected by the council as the vendors for this ambitious initiative. The selection of these companies signals the state’s commitment to partnering with experienced providers in the electric vehicle sector. While specifics regarding the number of vehicles to be procured and the detailed rollout strategy for the program are still to come, the announcement underscores Katsina’s dedication to a cleaner, more sustainable future.
In Lagos, the Katsina State government is making a bold statement with its investment in prime real estate. Hadiza Maikudi, Special Adviser to the Governor on Intergovernmental, Development Partners, and Liaison Services, announced the council’s endorsement for developing a 20-story residential building on government-owned property in Victoria Island. This prime location emphasizes the project’s significance and its potential to yield substantial returns.
This ambitious project is slated for completion within 24 months, a timeline that reflects the scale and complexity of the undertaking. The state government views this venture as a strategic move to diversify its investments and bolster its revenue base. While details concerning the building’s design, planned amenities, and projected cost are still under wraps, the sheer size of the development speaks to Katsina’s ambition and its commitment to long-term financial growth.
