Kaduna To Get $150m Dollars Investment Annually As Executive Council Approves Sports Policy

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By; JACOB ONJEWU DICKSON

Following the approval of the Kaduna State Sports Industry Development Policy on May 24, 2023, by the Kaduna State Executive Council at its last meeting under the administration of H.E Governor Nasir Ahmad el-Rufai, the state is set to reap benefits, amounting to $150 million investment annually.

This was disclosed by the Commissioner of Sports Development, Mr. Idris Samaila Nyam at a press briefing held on Friday May 26.

“The policy which is geared towards driving investment (domestic and foreign) into the state’s sports sector, also recognises the important role of Kaduna State Investment Promotion agency (KADIPA), in collaborating with key stakeholders particularly the private sector, to provide incentives and facilitate the ease of doing business.

“Based on the corporate business plan, which is also part of the approved policy, the state is targeting an estimated US$150 million over a five-year
period to address social and commercial opportunities especially with the projected engagement of over 50,000 people across the sports value chain” he said.

According to the commissioner, these investments are expected to drive the six strategic areas of the Policy which are,

Grassroot, Community Participation and Mobilisation, Facilities and Infrastructure Development, Sports for Excellence and Professional Capacity Development and Association and Athletes Development

Others are, State’s Sports Industry Commercialisation and Economic Development and Sports Administration and Governance.

He said that, ” With a deep sense of humility, I am honoured to be making this announcement to you today. On 24th May 2023, Kaduna State Executive Council at its last council meeting under the administration of H.E The Governor of Kaduna State, Malam Nasir Ahmad El-Rufai (CON), approved the Kaduna State Sports Industry Development Policy; making Kaduna State the first sub-national in the country to prioritise Sports industrialisation by domesticating the recently approved Federal Government National Sports Industry Policy (NSIP).

“With this approval, Kaduna State has underscored the potential opportunities of the sports
industry to attract substantial investment required to repositioning sports in the state through the development of critical infrastructure, with a view to triggering mass participation in
wellness/fitness, production and consumption of goods and services, talent development and
capacity building in sports with attendant goods.

“The Kaduna State Sports Industry Development Policy identifies the private sector as a critical
stakeholder in its implementation, and role in the development of key initiatives to drive investment across the sports industry value chain. In this regard and as part of its implementation
strategy, the state will partner and collaborate with cross-sectoral partners including Sport Nigeria
LTD/GTE, a private sector sports industry development intervention organisation who also provided technical support to the State Ministry of Sports Development in the convening of the stakeholder policy dialogue/summit and the development of the policy document, implementation
framework, and corporate business plan.

“This policy is going to provide the following amongst others:

“A compendium of fiscal and non-fiscal incentives for investors in sports infrastructure and
facilities.

“A Sport Infrastructure Development Plan for the standardisation of designs, development, and operations of sport facilities to address the needs of young people, girls, women, and people living with disabilities.

“Sport Health Insurance Scheme for Athletes and Coaches.
4.Sports Tourism Master Plan to present tourism investment opportunities for investors and
other stakeholders.

“Professional Athlete Development Programme. Kaduna is going to witness the following burgeoning outcomes:

“Evolution of manufacturing industries to manufacture jerseys, football, foot wears, track
suits, and other gears and equipment of various sports in Kaduna State.

“The media companies specialised in live broadcasts/streaming of sporting events and new sports television stations in Kaduna.

“Investors will have seamless acquisition of lands for the purpose of developing sports
infrastructure and facilities,” he explained.

The commissioner appreciated Governor Nasir
Ahmad el-Rufai, the Deputy Governor, Dr. Hadiza Sabuwa Balarabe, members of the Kaduna State Executive Council and their Partners-Law Allianz, Sport Nigeria.

He also appreciated KADIPA, Ministry of Health, Ministry of Education, Management and Staff of Ministry of Sports Development, Members/Gentlemen of the press, including the Sports Writers Association of Nigeria (SWAN).

“Whilst thanking you all for listening, we look forward to working very closely in building/growing the Sports Industry in Kaduna and Nigeria at large,” he said.

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