Category: Economy
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Cross River’s Marina Resort Attracts N8b Investment, Hosts Kulturama Festival
By Magnus Effiong The tourism drive of the Cross River state government has begun to yield dividend with only the Marina Resort attracting eight billion (N8 billion) Naira private-sector-driven investments, the Managing Director of the State Tourism Bureau, Prince Ekpenyong Ojoi, has said. Ojoi said this in Calabar during a press conference to unveil activities…
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Excellence in Nigeria Compromised on the Altar of Ethnicity – Bishop Kukah
By Anietie Akpan Bishop of the Roman Catholic Diocese of Sokoto, Matthew Hassan Kukah, has said that achieving excellence in Nigeria is difficult due to ethno-religious schism that often hinders effective allocation and utilization of natural resources for the greater benefit of the people. The revered clergyman stated this in a keynote address he delivered…
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Cocoa Farm Tussle: Investigate Police Brutality on Ichire Now, Lawyers Urge CP
By Magnus Effiong A group of legal practitioners in Cross River has petitioned the Commissioner of Police in the State, Augustine Grimah, to urgently investigate the reported brutality meted out on a citizen, Ogo Ogar Ichire, by the police in Ikom, central Cross River. The lawyers, led by Barrister Sony Mgbe, said Ogo Ichire was…
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Governors, Popular Clergymen, Mammoth Crowd Attend Archbishop Isong’s Installation
By Our Reporter It was a gathering of who is who at the Christian Central Chapel Int’l, aka Faith Mansion World Centre in 8 miles, Calabar on Saturday, October 26, 2024 as the political class, Christian and traditional leaders and indeed unprecedented crowd of worshippers flooded the Church to witness the elevation of the then…
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Cross River to Spend N498b in 2025, Priotizes Infrastructure
Cross River to Spend N498b in 2025, Priotiszes Infrastructure By Magnus Effiong Gov. Bassey Otu of Cross River State has presented a budget estimate of N498 billion, christened ‘Budget of Sustainable Growth,’ to the State House of Assembly for 2025. Otu said the sum of N328 billion, representing about 68 per cent of the total…
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Gov Otu Presents N498b Budget for 2025
By Magnus Effiong Gov. Bassey Otu of Cross River State has presented a budget estimates of N498 billion, christened ‘Budget of Sustainable Growth,’ to the State House of Assembly for 2025. Otu said the sum of N328 billion, representing about 68 per cent of the total budget size, was allocated to capital expenditures while N170…
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Nigeria@ 64: So Strong, Yet So Lame
By Edet-Honesty Effiong This is my second theme on the 64th Independence anniversary of Nigeria. And just as I did in the first piece, I am still tempted to ask the same question whether we have cause to celebrate at 64. Placed side by side her contemporaries in South Korea, Malaysia, Singapore and even China,…
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Nigeria@64: Uncertainty as Renewed Hope Dims
By Princewill Kingston It is no longer news that Nigerians are railing, cursing and getting angrier by the day over unparalleled hardship which has dramatically taken another dimension since the current administration came on board on May 29, 2023. President Bola Ahmed Tinubu and his team seem to have lost grip of the economy and…
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Afrexim, NPA, Navy, Customs, Others Endorse Bakassi Deep Seaport Project
Gov. Bassey Otu (6th L), his Deputy, Rt. Hon. Peter Odey (5th L) and other top officials at the ceremony. By Anietie Akpan In a significant effort to advance the Bakassi Deep Seaport project in Cross River State, essential stakeholders have formally endorsed their commitment to supporting and overseeing the realization of the project. Among…
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Cross River Inching Closer To Hitting Projected IGR of N75 billion Next Year
Gov Bassey Otu By Anietie Akpan Cross River State Government is inching closer to hitting its projected Internally Generated Revenue (IGR) of N75 billion by next year. Findings by Pillar Today showed that in July this year, the IGR of the state hit N6.3 billion and in August the figure progressed geometrically to N9 billion.…