The Federal Government has officially handed over the Kasimbila Dam to former Defense Minister Theophilus Danjuma’s private company, KP Hydro Limited.
The handover took place on Saturday at the dam site in Kasimbira, Takum Local Government Area of Taraba State. The former minister is from this area.
The Kasimbila dam was originally a federal project, but is now managed by a consortium led by Danjuma’s company.
In addition to generating electricity, the dam is expected to turn the area into a tourist hub with an airport and five-star hotel.
Kasimbira Dam was started by the Goodluck Jonathan administration to prevent floods caused by water releases from Cameroon and has developed into an essential source of clean energy for Taraba State.
The 40-megawatt hydroelectric power plant is expected to enhance electricity supply and stimulate economic growth.
The airport, abandoned runway, and hotel were not originally part of the project when the federal government began it.
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Mr. Danjuma upgraded the airstrip built by Kasimbi missionaries into an airport when the federal government awarded his company a hydropower project. He also built a five-star hotel. Both facilities are open to the public.
Speaking on the occasion, Managing Director of KP Hydro Limited, Sola Arifayan, said the handover was initiated through a concession agreement aimed at increasing Nigeria’s renewable energy capacity.
Mr. Arifyan expressed his gratitude for the support he received throughout the concession process.
He said that this achievement was the result of hard work and perseverance, and expressed his hope for further development of the factory and expressed his gratitude to the host community.
He assured the community of KP Hydro’s long-term commitment, saying, “We are here not just to do business, but to be part of the growth of this community.”
Musa Bello, Chairman of Kasimbira Hydropower Limited, commended Mr. Danjuma for his contribution to the success of the project and emphasized the value of public-private partnership efforts.
Speaking on the occasion, Governor Agbu Cefas said the concession was a major step forward for Taraba’s energy sector.
Taraba State Governor, Agbu Kefas (Photo Credit: Agbu Kefas on Facebook) “The Kasimbira power plant will not only serve the host community but will also benefit the entire state. “It is an important part of our efforts to ensure clean renewable energy for people,” he said.
The governor also noted the recent establishment of the Taraba State Electricity Regulatory Authority to manage energy generation in the state.
Cephas recommended that KP Hydro Limited join the Taraba State Ministry of Energy and Economic Development to optimize the capacity of the power plant and explore further energy avenues in the state.
In a speech, Secretary of Energy and Economic Development Naomi Tagub praised Governor Cefas for his visionary leadership and transformative influence on the state’s energy landscape.
He highlighted the recent signing of the Taraba State Electricity Regulatory Authority Bill by the governor as a major milestone. “This is a game changer for Taraba State,” she says.
“We are making progress not only in terms of energy generation, but also in terms of regulatory management. The Kasimbira Power Plant will be a source of clean, renewable energy that will benefit our communities and drive economic growth. It will be.”
According to him, effective cooperation between KP Hydro Limited and the Ministry of Energy and Economic Development is essential.
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“We are committed to supporting this project to ensure its success and working with all stakeholders to realize its full potential,” she added.
Mr. Danjuma, a retired Lieutenant General and former Chief of Army Staff, in his address noted that Kasimbira Dam is the Federal Government’s biggest investment in Taraba State.
He thanked the Federal Government for its support and acknowledged the important role of Mr. Bello and KP Hydro Limited Chairman Thomas Etu in securing the concession.
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