By Sylvanus Viashima, Jalingo.
The Chief Executive Officer CEO of Taraba Investment and property Limited, Mr. Iliya Ezekiel on Sunday disclosed that the state government has commenced sensitisation with ten host community on the Mambilla Plateau in Sardauna Local Government Area of the state over plans by govenment to privatised the multi billion Naira state owned Mambilla Breavages Limited.
Iliya, who stated this while briefing journalists in Kakara town, Mambilla Plateau said the sensitisation is to educate the people of the benefit they would derive at the end of the exercise.
The CEO who noted that government would owe 30% while the remaining 70% will be privatized, 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. They have told us that they are all happy with the development, because it is what is happening in the whole world today.
“Privitizatation is aimed to restructure the company to maximum output and government is not selling the company to an individual person as speculated. In fact, nothing changes in the company, 30% will be for government while 70% will be privatized in order to improve profitability, productivity, efficiency and job opportunities for the benefits of Tarabans” he maintained.
He urged the general public to disregard any erroneous impression that Mambila Beverages (Nig) Limited belongs to a particular community, insisting that it is a state owned company and belongs to all the people of the state.
