Taraba Govt. sensitises community to privatisation of highland tea
Taraba State Government has begun sensitisation of the Kakara community to the privatisation of the Karara Beverages, producers of the Highland Tea.
Mr Ezekiel Iliya, Chief Executive Officer (CEO), Taraba Investment and Property Development limited (TIPDL), stated this while addressing newsmen in Jalingo on Sunday.
The News Agency of Nigeria (NAN) reports that Kakara beverages Nigeria Ltd is located on the Mambila Plateau, in Sardauna LGA of the state.
Read Also: Taraba rice milling firm to begin operation December-Gov. Ishaku
Iliya said that the exercise was to educate the people about the benefits they would derive at the end of the sensitisation.
He noted that the state government would own 30 per cent of assets while the remaining 70 would be privatised.
The managing director stressed that the host community preferred foreigners to manage the company over Nigerian investors.
“We are happy that the host communities have welcomed the idea of privatisation.
“They have told us that they are all happy with the development because it is what is happening in the whole world today.
“Government is not selling the company to an individual as speculated.
“Nothing changes in the company, 30 per cent will be for the government while 70 will be privatised.
” This will improve profitability, productivity, efficiency and job opportunities for the benefit of Tarabans.
He said the government was proposing to privatise the company, to ensure proper and efficient management devoid of interference and bureaucracies.
Iliya urged the general public to disregard any rumours that Mambila Beverages (Nig) Limited belonged to a particular community.
According to him, these are rumours by mischief makers who aim at creating dissatisfaction and raising unnecessary tension amongst members of the public.
NAN recalls that the government had proposed the privatisation of Karara beverages, the producers of Highland Tea to a private company.
