Abuja, Feb. 7, 2025 – The Federal Executive Council (FEC) has approved the concession of the Kashimbila Integrated Cargo/Agro-Allied Airport in Taraba State under a Public-Private Partnership (PPP), a move projected to generate N4.1 trillion in revenue.
Thank you for reading this post, don't forget to subscribe!The approval, granted under the Infrastructure Concession Regulatory Commission (ICRC), integrates agriculture, aviation, and water resources to position Nigeria as a major agro-export hub. The project involves the conversion of the Kashimbila airstrip into a full cargo/agro-allied airport, alongside the development of over 3,000 hectares of farmland dedicated to irrigation farming, fish farming facilities, and livestock ranching. Additionally, an aerotropolis and Free Trade Zone will be established, featuring business parks, logistics hubs, and residential areas.
ICRC Director-General Dr. Jobson Ewalefoh commended President Bola Tinubu for fast-tracking the project within six months, emphasizing its role in boosting agricultural exports and driving economic growth. He stated that the project would significantly enhance agricultural logistics, improve market access, and stimulate economic development by linking Taraba to national and international markets.
Ewalefoh added that the concession would create thousands of direct and indirect jobs while attracting private sector investment into agribusiness. He highlighted that the project’s irrigation farming component would enable year-round agricultural production, further strengthening Nigeria’s food security and export capacity.
With the N4.1 trillion revenue potential, the Kashimbila project is expected to play a crucial role in stimulating local and national economies, positioning Nigeria as a key player in agro-exports and logistics under the Renewed Hope Agenda.
