The federal government said it has generated the sum of N7, 121,521,142.00 billion revenue from the concessioning of the 40mw Kashimbila Hydropower Plant in Taraba state.
Minister of Water Resources and Sanitation, Professor Joseph Utsev, stated this, weekend, at the 8th edition of the 2025 media briefing series hosted by the Minister of Information and National Orientation, Mohammed Idris, at the National Press Centre, Abuja.
Utsev explained that the amount generated in January 2024, was the commencement fee for the first five years into the Special Concession Account of the Federal Government.
While reeling out the achievements of the Ministry in the last two years of the present administration, the minister said three dams have been completed and commissioned.
The dams completed and commissioned include Rafin Yashin Multipurpose Dam, Niger State; Odo-Ape Hydropower Dam, Kogi State and Amla Otukpo, Benue State.
Under the Public Private Partnership (PPP) arrangement, he said one Hydropower Plant and a Cargo Agro-Allied Airport have been concessioned which include 40MW Kashimbilla in Taraba State and Kashimbilla Integrated Cargo/Agro-Allied Airport (Category B).
