Katsina State is located at the extreme Northern part of Nigeria, covering an area of about 24,192 sq km. It is bounded to the North by Niger Republic, East by Jigawa and Kano States, South by Kaduna State and West by Zamfara State. According to the National Bureau of Statistics, the state ranks 5th most populous state in the Country as currently estimated to have about 7.6 million people with growth rate of 3.0% per annum. Over 50% of the states population are youth, young, agile both men and women between the ages of 15 - 45 years, this gives the state the advantage of sustainable workforce. The physical setting of Katsina state has tropical continental climate with high mean annual temperature. The weather varies according to the season of the year, but mostly it is cool in the morning, hot in the afternoon and cool again in the evening. The chilly harmattan weather lasts between November and February with below average temperatures. The wind is dry from January to April signalling the arrival of the rainy season which last from June to October. the vegetation is Sudan Savannah with short scattered trees, shrubs and grasses. The relief is made up of land between 399 - 600 meter above sea level.
The economy of the state is basically agrarian in nature with a cultivable land of 2.4 million hectares out of which 1.6 million is under cultivation, leaving land area of 800,000 hectares, equivalent to one third of the total cultivated land available for investment. The state also has over 80 water bodies suitable for irrigation farming with a capacity of 1121cu.m while the major ones have a total capacity of 558cu. Farming and rearing of Animals occupy the lives of about 80% of the total population of the state. The state for long has been a major collection center for cash crops such as Cotton, Ground-Nuts and food crops such as Maize, Guinea Corn, Millet, and Vegetables. The range of livestock in the state is essentially cattle, sheep, goat, and poultry. These provide huge opportunities for setting up a large scale Agro-Allied Industries such as Sugar Processing Industry, Rice Milling, Oil and Flour Milling, Textiles, Dairy Products, Confectioneries, Meat Processing, Tannery, Hatchery and poultry production etc.
The state has the following ranking in agricultural production and in other business endeavors in Nigeria.
- Largest producer of Cotton.
- Second Largest Producer of Sorghum.
- Produces 13% of total Nigeria's Sugarcane making it second in Nigeria's Ranking.
- The World Bank ranked the state 7th in ease of doing business ahead of Lagos, Kano, Rivers and Cross Rivers.
- The state ranks 12th in the prevalence Micro, Small and Medium Enterprises (MSME).
- The State was ranked 17th in Gross State Product with average per capita of $6,022.
- Major producer of cereals and legumes crops.
INVESTMENT OPPORTUNITIES IN SOLID MINERALS:
Kaolin: Found at Kankara, Ingawa, Dutsinma, Safana, batsari, Bakori, Musawa and Faskari Local Government areas. Kankara deposit alone is estimated at about 3,400,000 tonnes of high grade kaolin. it provides opportunities in paints Manufacturing, Ceramic Production, Pharmaceuticals, Rubber and Chalk Production industries.
Silica Sand: Available in large commercial deposits at Zango and Baure Local Government Areas. Silica sand if for the Manufacture of Foundry, Ceramic and Glass wares.
Feldspar: Found in commercial deposits with high percentage silica content (56% average) at Batagarawa, Safana, Faskari, Batsari, Kafur and Dutsinma Local Government Areas. Used in Glass, Ceramic, Paint, terrazzo and tiles manufacturing industries.
Asbestos: large deposits estimated at about 31,000,000 tonnes reserved, containing very good Fibre at Shawe Village of Faskari Local Government Area. Asbestos is used in Manufacturing roofing sheets, ceiling insulators, heat, fire, and acid resistant gaskets.
Gold: Available within the schist belt in the western part of the state. Through both quality and quantity are yet to be fully ascertained, preliminary report proved it to be in commercial quantities.
Marble: Very large deposit have been discovered in Malumfashi, and Jibia Local Government Areas.
Quarts: Available in appreciable quantity at Bakori, Batsari, Ingawa, Kurfi, Faskari, Dandume, Funtua, Daura and Kankara Local Government Areas.
Talc: Good quantities have been identified in Katsina and Ingawa Local Government Areas.
Precious Stones: Precious Stones such as Tourmaline and Sapphires etc. are mined by artisanal miners in Jibria, Batsari, Faskari and many location in the state.
Granite: Found in all Local Government Areas in the state except Daura and Zango.
OPPORTUNITIES IN TOURISM/HOSPITALITY AND CREATIVE ARTS:
The state has rich cultural heritage epitomized by Ruma landscape, Kusugu well, Emirs' Palaces of Daura and Katsina and Antiquities of Durbi Takushiyi. These are complimented by the Country, a Race Cource, Polo ground, 18-holes Golf Course and ope air Theatre. All these give the state high investment potentiials in the sector which includes:
- Hotels Development of all Categories.
- Holiday Resorts.
- Game Reserves.
- Tour Operators
- Physical Fitness and Sports Centers.
OPPORTUNITIES IN REAL ESTATE AND PROPERTY DEVELOPMENT:
The huge potentials for property development in the state are quite high and attractive. The state has been opened up with a good network of roads especially the state capital that has been complemented with a 40km ring road encircling the city. With a population of over 7 million and estimated housing deficit of 690,000, the potentials of property development are endless! Specifically opportunities exist in small and Medium Housings, shopping Malls, Conference and event Management Centers, Hotels etc.
OPPORTUNITIES IN POWER ENERGY:
With the increasing advancement in technologies aimed at harnessing the power of the sun and the increasing rate at which solar firms are globally springing up, Katsina State, given its location, is an attractive destinations for investment in Solar and wind Power.
OTHER ECONOMIC ACTIVITIES:
Other economic activities available in the state are Banking & Finance, Transportation, Small Scale Enterprises and Trading. There are over ten Mega Markets and other medium and smaller ones throughout the length and breath of the state. These markets provided the largest supply of grains and livestock in Nigeria and other West African Countries. They also serve as feeder to the famous Dawanau Market in Kano State.
Katsina State is accessible by Road, Air, Communication Network of Telephones, Post office, Couriers Services and Global System Mobile (GSM). There is also a Railway link from the seaport of Lagos passing through the cities of Ibadan and Kaduna among other to Funtua in Katsina State, stretching up to Kaura Namoda in Zamfara State.
Katsina State has Adequate Road Network across its length and breadth. all the 34 Local Governments Areas of the state are accessible. In terms of intra city roads, the state capital is well served as all the roads within the state capital are smoothly tarred.
For manpower development, there are three (3) Universities, a Polytechnic, two Colleges of Education, Ahmadu Bello University School of Basic and Remedial Studies. There are a number of business apprenticeship training center established to provide vocational training to unemployed youth in various skills such as Brick Laying, Auto Mechanic, Electrical Workshops, Welding, Carpentry, Refrigeration, GSM Repairs, Catering and Hospitality Services etc.
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