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NovaRosta To Launch First London Style Double-Decker Tour Bus In Calabar

by crossriverwatch admin One of Cross River’s foremost tours operating company, NovaRosta Ltd is to launch a 76 seater, London-style-double-decker tour bus in Calabar, considered the first of its kind in the West African region. Ahead of the launch in October, this year in Cross River’s capital city, Calabar, NovaRosta Ltd has begun identifying and

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Beneficiaries Emerge From Senator Ayade Direct Cash Top-Up Program

by crossriverwatch admin A statement from Dr. Steven Odey, Special Assistant to Senator Benedict Ayade, (PDP, Cross River North), today announced that disbursement to lucky beneficiaries of the Senator’s Direct Cash Top-Up Scheme begins from Friday 13th September, 2014. The statement announced the list of initial beneficiaries from Yala, Ogoja LGA as follows: List of

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Cross River State Is Broke

by crossriverwatch admin There are indications that the Cross River State Government is gradually ebbing into financial insolvency. In the past five months, the state has been finding it very difficult to settle its bills as at when due. Competent sources close to the corridors of power explained that the payment of workers’ salaries, imprest,

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Billions Sunk Into Dredging Of Calabar Port, Nothing To Show For It

by crossriverwatch admin The Federal Government’s approval for the dredging of the Calabar Port access channel is reportedly causing a stir in the maritime industry. Although billions of naira had been spent on the project yet there is nothing to show for it and many are wondering whether the project has not become a conduit

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Cross River 40B Bond: Government Explanation Unconvincing BY OBONO OBLA

by crossriverwatch admin The explanation of Governor Liyel Imoke through his Chief Press Secretary on the reason (s) why the Government of Cross River State is floating a N40 Billion Bond to re capitalize subsisting debts and not a fresh Bond to raise a fresh loan is wishy-washy, tenuous and unconvincing. It is a ruse!

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The 40Billion Bond: Matters Arising II BY VENATIUS IKEM

by crossriverwatch admin As most citizens are aware, the Cross River State House of Assembly, yesterday passed into law a Bill seeking to approve the issuance of a Bond to the tune of 40Billon naira and related matters. I am not a close watcher of activities and proceedings of the CRSHA, but for those who

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Accountants General Meet In Calabar, Applaud IPSAS Cash Policy

by crossriverwatch admin The Accountant General of the Federation, Mr. Niyi Otunla has stated that with the adoption of the provisions of the International Public Sector Accountants Standard IPSAS, the country’s public financial management would be placed on the international map on public sector management, insisting that it will make easy accounting practices in the

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Kerosene Cost: An Unending Menace In Cross River State

by crossriverwatch admin Calabar, the Cross River State capital city, is located in the coastal region of Southern Nigeria and has an area of 406 kilometres as well as close to one million people. As one drives into the city, particularly on Tuesday, Thursday or Saturday mornings, visitors and residents alike, are greeted by the

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