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GOV. OTU PROPOSES 250 BILLION FOR THE 2024 FISCAL YEAR.

The State Governor, Senator Bassey Edet Otu has proposed a budget size of N250,000,000 000 (two hundred and fifty billion naira) for the 2024 fiscal year. Capital expenditure is to gulp, N154, 000,000,000 (one hundred and fifty-four billion naira) while the sum of N96,000,000,000 (Ninety six billion naira) is proposed for recurrent expenditure. The Governor…

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C’River Delights Investors, Financiers As Otu Creates Enabling Environment

On Assuming office as the 18th Governor of Cross River State on May 29, 2023, Senator Bassey Otu articulated a strategic vision for the state’s brownfield assets, emphasizing an impartial public sector value comparative analysis. He committed to a professional economic management team, advocating for non-traditional, non-recourse hybrid financing products in collaboration with the private…

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