Musa Rhapsodi Affos, Jalingo


In the bid to to educate host communities on the benefit of privatization of Taraba multi-billion Naira Mambilla Beverages, the Taraba state government has begin the sensitization of 10 communities in Sardauna LG of Taraba state.

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 government to privatised the multi billion Naira state owned Mambilla Beverages Limited.

In a media briefing with  newsmen in Kakara town, Mambilla Plateau, Mr. Ezekiel said said the sensitization is to educate the people of the benefit they would derive at the end of the exercise.

According to him the 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 privatization. They have told us that they are all happy with the development, because it is what is happening in the whole world today.

“Privatisation 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.

Recall that when the news about the privatization of Mambilla Beverages broke out, several reactions trailed.