Home Latest News Encourage private investment in power sector, Sanusi to FG

Encourage private investment in power sector, Sanusi to FG

The Emir of Kano, Muhammadu Sanusi II, has called on both the federal and state governments to encourage private entrepreneurs to invest in the power sector.

He made the call while delivering a keynote address at a two-day conference in commemoration of the 50th anniversary of the creation of Kano state.

NAN reports that the conference is part of the week-long activities organised by the state government to celebrate the anniversary.

He said there was urgent need to encourage private investors to invest in the power sector with a view to promoting socio-economic activities of the people in the country.

According to him, investment in the power sector was necessary in order to ensure economic growth and development in the state in particular and the country at large.

“We must invest in the development of Kano and the country at large.

The monarch, who lamented the current power shortage in the country, noted that majority of the industries in the state had collapsed or stopped production due to inadequate power supply.

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