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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.

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