x

Gov. Ishaku begins sensitisation to privitise multi billion naira Mambilla Breavages in Taraba

By Danzumi Ishaku, Jalingo.

The Chief Executive Officer (CEO), Taraba Investment and property limited, Mr. Iliya Ezekiel on Sunday disclosed that the Taraba state government has commenced sensitisation with ten host community in Mambilla Plateau, Kakara in Sardauna LGA, of the state over plan by Governor Darius Dickson Ishaku to privatised the multi billion naira Mambilla Breavages Limited.

Mr. Iliya, who stated this while briefing Journalists in Kakara, Mambilla Plateau said government begins the sensitisation to educate the people of the benefit they would drive at the end of the exercise.

The Chief Executive noted that government would owe 30% while the remaining 70% will be privatized.

Mr. Illiya stressed that the host community preferred foreigners to manage the company than Nigerian investors.

“We are happy that the host communities welcome the idea of the privatisation.

And they told us that they are all happy with the development, because it is what is happening in the whole world today” he noted.

He maintained that privitizatation is structure, adding that government is not selling the company to an individual person as speculated.

According to him “nothing changes in the company, 30% will be for government while 70% will be privatized.

He added that in order to improve profitability, productivity, efficiency and job opportunities for the benefits of Tarabans, the state Government is proposing to privatize the company to ensure proper and efficient management devoid of Government interference and bureaucracies.

He urged the general public to disregard any rumours that Mambila Beverages (Nig) Limited belongs to a particular community, stressing that these are rumours by mischief maker’s aimed at creating dissatisfaction and raising unnecessary tension amongst members of the unsuspecting public.

Hot this week

Igoche Mark to Honour Lagos Legends Basketball Club at Grand Abuja Reception

In recognition of their historic victory in the recently...

CSO Urges NAHCON to Refund Excess 2025 Hajj Fare to Over 44,000 Pilgrims

By Jabiru HassanCSO Renews Call for Refund of Excess...

Premier League: Manchester United Thrash Wolves 4–1 in Monday Night Clash

Manchester United produced a commanding second-half display at Molineux...

Gov Ododo Condemns Egbe Bandits’ Attack, Vows Justice for Fallen Security Personnel

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed...

PDP NEC Constitutes Abdulrahman- led Caretaker Committee

By Joyce Remi-BabayejuThe National Executive Committee (NEC ) of...

Wike @ 58: I Never Concealed My Support for President Tinubu from Onset

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike has...

Out of Pocket Health Spending Pushes 384m Africans into Poverty, WHO Warns

By Joyce Remi-BabayejuThe World Health Organization (WHO ) quoting...

PANDEF Mourns Bayelsa Deputy, Declares Three Days mourning

The Board of Trustees and the National Executive Committee...

NCC Reacts to Quality of Service Challenges in Abuja

Wilfred FrancisThe Nigerian Communications Commission (NCC) acknowledges the Quality...

NCDMB hails Marconi’s Acqusition of Saipem’s Yard

Marconi.NG EPC Limited has strengthened its status as a...

Indigenous Oil Companies Get Boost as NCDMB Deepens Nigerian Capacity

Nigeria’s push for greater indigenous participation in the oil...

SPECIAL REPORT: Nigeria’s Giant Strides in the Implementation of Sustainable Development Goals (SDGs)

Nigeria’s Giant Strides in the Implementation of Sustainable Development...

Related Articles

Popular Categories

spot_imgspot_img