Business & Economy
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Cross River Government, EbonyLife TV Unable To Account For 2.4Billion Calabar Media City Loan

by crossriverwatch admin The circumstances surrounding the 2.4 Billion Naira loan the Cross River State government obtained in 2012 from First Bank PLC for the Calabar Media City Special Purpose Vehicle between the State government and EbonyLife, operators of EbonyLife TV on DSTV have remained shrouded in ominous secrecy. What CrossRiverWatch investigation has revealed is

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Cross River Tourism Bureau Signs MOU With Rising Stars Cross Band

By Jonathan Ugbal In a bid to develop local content and boost internally generated revenue, the Cross River State Tourism Bureau has signed a musical agreement with the Rising Stars Cross Band. The agreement which will see the band become the official musical partner of the state’s tourism bureau, has a clause which will see

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Chinese Firm Signs $12bn Deal to Build Lagos-Calabar Railway Line

By Bassey Inyang A state-owned Chinese company has signed a $12 billion agreement with the federal government to build a railway along Nigeria’s coast that is billed as China’s single largest overseas contract, the state media said on Thursday. China Railway Construction Corp. Ltd. (CRCC) signed the official construction contract with the Nigerian government on

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Carnival Calabar Will Soon Be Privatized – DG, Carnival Commission

By Archibong Jeremiah/Christiana Alawa/Jonathan Ugbal The Senator Liyel Imoke administration of Cross River State has concluded plans to privatize the Calabar Carnival. The administration’s position was made public over the weekend by the Director General of the Cross River State Carnival Commission, Mr. Gabe Onah while speaking at the carnival’s 10th anniversary second dry run

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Concessioning Signage Services Will Improve Our Revenue – Cross River Commissioner

Archibong Jeremiah The Cross River State Commissioner of Information, Chief Akin Rickets has expressed high hopes that the concession agreement between the state government and Chris Parkes Marketing Solution, CPMS Africa for the collection of signage rates will yield positive results in due course. The Information Commissioner bared his mind at the toasting ceremony of

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Senator Ayade Partners Niger Delta Ministry To Begin Construction Of Cassava Processing Plant For Wanakom

By crossriverwatch admin A constituency initiative by Senator Ben Ayade (PDP, Cross River North) in collaboration with Ministry of Niger Delta will see the commencement of construction of a cassava processing plant at Wanakom, Ukelle Yala L.G.A.of Cross River State. This was made known that the handing over of the site for the project on

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Cross River To Spend N16.395 Billion On Debts Servicing In 2015

By Sylvia Etta The sum of sixteen billion, three Hundred and Ninety-five million, Two Hundred and Ten thousand, Two Hundred and Ninety-six naira only has been earmarked in the 2015 Cross River State appropriation bill to service debts. The state governor, Senator Liyel Imoke, who gave this hint in his 2015 appropriation speech delivered before

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Cross River Government To Spend N149.44Billion In 2015

By Aplefe Ojong Cross River State is to spend a total of one hundred and forty-nine billion, four hundred and forty-one million, six hundred and eighty-one thousand, eight hundred and twenty-one naira and two kobo in the 2015 fiscal year. The appropriation bill christened “Budget of Transition”, presented to the Cross River State House of

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