By CrossRiverWatch admin The House of Representatives yesterday condemned the planned unbundling of the Nigerian National Petroleum Corporation, NNPC, as proposed by the Minister of State for Petroleum and Group Managing Director of the Corporation, Dr. Ibe Kachukwu, this week without following the constitutional process. It said instead of embarking on an unconstitutional journey, the
By CrossRiverWatch admin As part of his efforts to ensure that communities in Cross River State enjoy the benefits of their natural endowments, the Special Assistant to the State Governor on Local Content, Anthony Imoh has said that all companies coming into the State for operations must hence forth, sign Memorandum of Understanding (MoU) with
By Jonathan Ugbal; Government House Correspondent The Cross River Executive Council has approved the sum of 100 million Naira for the licensing of the state owned financial institution incorporated as Cross River State Micro Finance Bank Limited by the Central Bank of Nigeria. The state government says this is to complement its bid to turn
By CrossRiverWatch admin The China-Exim bank has agreed to finance Nigeria’s railway projects linking Lagos to Kano and Lagos to Calabar, Vice President Yemi Osinbajo said Tuesday. The plan of the federal government to raise a $25 billion Infrastructural Fund from the global community and establish long term bankable projects is gaining traction, Mr. Osinbajo
By CrossRiverWatch admin Mr Oscar Ofuka, Chairman, Cross River Cocoa Technical Management Team, has condemned the recent burning of the Benbege Cocoa Plantation and Settlement in Etung Local Government Area of the state. The News Agency of Nigeria (NAN) recalls that some unidentified youths from the area set the plantation and hundreds of building in
By Jonathan Ugbal; Government House Correspondent Cross River governor, Ben Ayade has commence talks with the United Kingdom on partnership in requisite skill training and investments in a bid to raise the required capacity needed to construct an alternative economy for the state. Ayade disclosed this in an interview at the site of the Cross
By CrossRiverWatch admin With the growing number of online shopping clients in Cross River State, The first Calabar based online shopping platform www.calabarshopa.com has been launched and it’s set to boost the growth of e-commerce in the state. www.calabarshopa.com is an innovative and user friendly online market place tailored to provide a meeting place for
By Jonathan Ugbal; Government House Correspondent Cross River governor, Benedict Ayade yesterday slammed the Director General of the state’s micro enterprise development agency (MEDA), Ignatius Atsu for what he termed as eye service in the distribution of a 200 million naira agro SME fund. Ayade who interrupted Atsu while he was giving his opening remarks