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Home Business & Economy

Italy ready to help boost Kaduna’s investment drive, ambassador says

by NEW CITIZEN
April 5, 2025
in Business & Economy
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Italy ready to help boost Kaduna’s investment drive, ambassador says
L-R: Ambassador of Italy to Nigeria, Lacopo Foti, makes a point to Dr Hadiza Balarabe during the visit

L-R: Ambassador of Italy to Nigeria, Lacopo Foti, makes a point to Dr Hadiza Balarabe during the visit

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The Ambassador of Italy to Nigeria, Lacopo Foti, has expressed his country’s readiness to support Kaduna State government’s investment drive, by encouraging Italian companies to invest in the state.

Foti made the pledge when he paid a courtesy call on the Deputy Governor, Dr Hadiza Balarabe, at Sir Kashim Ibrahim House on Saturday.

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He said: “We have come to introduce ourselves, learn about the government’s plans, and see if there are investments which you want the Italian Embassy to facilitate.

“If there are private investments you desire in Kaduna, especially in machinery or manufacturing, or if you have plans for the next few years, let us know.

“If you’re interested in agricultural machinery companies like tractor plants, we can make contact with them.”

The ambassador encouraged the state government to ‘’approach our embassy and we will link you up. We are ready to collaborate in manufacturing, technology and other areas.”

He expressed optimism that after the courtesy visit, where possible collaborations in agriculture, education and training were discussed, ‘’in the coming months, we hope to do something concrete.”

“We await proposals from Kaduna State regarding their interests, which we’ll take to the Italian government.”

The Kaduna and the Italian teams during the visit

According to him, Italian investors would find Kaduna’s climate “a bit better than Abuja’s” and its people friendly, adding that ‘’this is my first time in Kaduna, and I hope to return next month.’’

The diplomat said: ‘’We have Italians living here; this visit is an opportunity to meet them and see how we can help them and the state government.”

In her response, the deputy governor acknowledged the long history between Italy and Nigeria and expressed interest in establishing strong economic relations.

Balarabe highlighted the state’s advantages in agriculture, solid minerals, tourism, energy, technology and human capital development, noting that the state is the largest producer of maize, tomatoes and ginger in Nigeria.

She said: “We have advantages in agriculture, mining, tourism, and human capital.

“Italy excels in manufacturing, technology, education, and renewable energy. I hope we can establish collaboration in these areas.”

The deputy governor directed the Kaduna Investment Promotion Agency (KADIPA) to prepare a proposal for the Italian Embassy.

She also expressed the hope that the ambassador’s visit “kicks off substantial conversations between our state and Italy.’’

Balarabe said the Kaduna State government looked forward to engaging with the ambassador further, hoping that ‘’this won’t be your last visit to Kaduna.’’

Ambassador Foti was honoured with a babbar riga dress during the visit
Tags: Dr. Hadiza BalarabeinvestmentItalyKaduna StateLacopo Foti
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