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

Avoid Rivers Politics, Wike Warns APC National Secretary

By Joyce Remi-BabayejuAs the FCT Minister Barr. Nyesom Wike...

Lakurawa Armed Group and the Growing Insecurity along the Nigeria–Niger Border

By Irene JacksThe Nigeria–Niger border has increasingly become a...

Bayelsa Flood Victims Receive FG Support as NEMA Distributes Relief Materials

Bayelsa flood victims in Southern Ijaw Local Government Area...

AIG Adenola Hosts JTF Commander Oladipo, Pledges Stronger Niger Delta Security Collaboration

Assistant Inspector General of Police (AIG) Johnson Adenola, who...

Wike Charges Local Companies Over Social Responsibility in Host Communities

By Joyce Remi-BabayejuThe Minister of the Federal Capital Territory,...

Umahi Hopes CHEC to Complete Road Project Ahead of Schedule

By Francis WilfredThe Minister of Works, Engr. Dave Umahi,...

Group Blames Fubara for Renewed Political Crisis in Rivers

A pro-democracy and accountability organisation, the National Vanguard for...

AFRICA AS THE CENTERPIECE OF CHINA’S FOREIGN POLICY AND DIPLOMATIC ENGAGEMENT

By Prof Sheriff Ghali IbrahimIt is a diplomatic mantra...

Agatu Security Crisis: Council Chairman Orders Armed Herders to Vacate Benue LGA

By Israel Adamu, JosThe Agatu security crisis has deepened...

China, Tanzania Reaffirm Strategic Partnership, Pledge Deeper Cooperation

China and Tanzania have restated their commitment to a...

Related Articles

Popular Categories

spot_imgspot_img