The Katsina State Executive Council, led by Governor Dikko Radda, has approved a major investment in public transportation and real estate.
The council decided to bulk purchase electric and solar-powered vehicles and tricycles to ease transportation costs. This decision followed a meeting on January 5.
Aisha Malumfashi, Director-General of the Katsina State Enterprise Development Agency (KASEDA), announced the procurement which she says will provide subsidised transport fares for residents while addressing rising petrol costs.
She added that the transport initiative will also create employment opportunities for the state’s teeming youth population.
“We have identified IRS, a renowned Kano-based company, and another supplier as the approved vendors for this transformative initiative,” Malumfashi said.
Analysts have praised the Katsina state government’s decision to invest in electric vehicles (EVs) as a strategic move with potential benefits. Reducing transportation costs is achievable as EVs generally have lower operating and maintenance costs compared to traditional vehicles.
Additionally, creating job opportunities for the youth is promising, as the EV industry is known to generate employment in manufacturing, infrastructure development, and maintenance.
Overall, this investment could lead to economic growth and environmental benefits, making it a sound, viable social decision from the state government, and an example for states to follow.
Like 👍, Comment, share this article, and Follow us on our social media handles.