Federal Government to generate 4.1 billion naira from Taraba cargo airport concession
The Federal Executive Council has approved the concession of the Kashimbila Integrated Cargo/Agro-Allied Airport in Taraba state under a Public Private Partnership arrangement.
Approved under the regulatory guidance of the Infrastructure Concession Regulatory Commission – ICRC the project cuts across agriculture, water resources, and aviation sectors.
A statement today by the Acting Head of Media and Publicity, Ifeanyi Nwoko, said the project features the upgrade of an airstrip in Kashimbilla to a Cargo/Agro-Allied Airport, noting that it also has a combination of over 3,000 hectares of farmland, fish farming facilities and a ranch for livestock farming.
Giving insights into the project, the Director General of the ICRC, Jobson Ewalefoh, thanked President Bola Tinubu for the speedy approval he gave to the project, whose facilities increase Nigeria’s potential to export agricultural products.