Northwest Governors Bet ₦50bn on Nigeria’s First Tri-State Electricity Market
In a groundbreaking step toward energy independence, the governors of Kano, Katsina, and Jigawa States have jointly committed ₦50 billion to establish Nigeria’s first Tri-State Electricity Market, aimed at boosting power generation and supply across the North-West region.
The initiative, launched in partnership with Future Energies Africa (FEA) the core investor in Kano Electricity Distribution Company (KEDCO) was unveiled during a high-level energy summit in Marrakech, Morocco.
Governors Abba Kabir Yusuf of Kano, Dikko Radda of Katsina, and Umar Namadi of Jigawa said the regional collaboration would transform electricity access by focusing on embedded generation, renewable energy expansion, mini-grids, and grid extension projects.
According to the governors, the ₦50 billion fund will leverage the opportunities created by the Electricity Act 2023, which empowers states to develop and regulate their own electricity markets.
Governor Yusuf described the initiative as “a bold step toward self-reliance and industrial growth,” while Governor Radda emphasized that it would “cut distribution losses, stabilize supply, and attract private investment.”
Future Energies Africa is expected to provide technical and financial expertise to ensure the fund’s transparent execution and long-term sustainability.
Energy analysts have hailed the move as a major turning point in Nigeria’s electricity sector, noting that it marks the first time multiple states are pooling resources to create a shared regional power market.
The North-West region has long struggled with poor power supply, stifling business growth and industrial productivity. With this new collaboration, the three governors say they are determined to rewrite the region’s power story delivering cleaner, reliable, and locally managed electricity to millions.
