Business & Economy
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Lagos-Calabar-Obudu Rail Line Underway – Jonathan

by crossriverwatch admin President Goodluck Jonathan today said in Calabar that a Memorandum of Understanding has been signed for the construction of a railway line from Lagos to Calabar. The President promised that the rail line will be extended to the Obudu Ranch Resort. The President was speaking at the ground breaking ceremony of the

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N40B Bond Is Not To Raise Fresh Loans But To Renegotiate Existing Debt – Imoke

by crossriverwatch admin As criticisms continue to trail the approval by the Cross River State House of Assembly for the government to raise a N40b Bond, the governor has explained that the Bond is not to raise fresh loans but to renegotiate the existing debt and spread the repayment period over a reasonable time and

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Cross River State Government To Take 40bn Naira Bond: Matters Arising BY VENATIUS IKEM

by crossriverwatch admin News reports of our Governor getting approval from the Cross River State House of Assembly to raise a bond for the sum of N40bn to finance various projects of the state government are thoroughly alarming. 2. Ordinarily, taking a Bond or other loan to finance projects is routine in government. But juxtaposed

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Jonathan To Perform Ground Breaking Ceremony For N84B Cement Factory In Cross River

by crossriverwatch admin The United Cement Company of Nigeria Limited (UniCem) has concluded arrangements to bring President Jonathan to Cross River state for the first time since his election to perform the groundbreaking ceremony for the construction of the company’s N84 billion, 2.5 metric tonnes cement production line. The ceremony is expected to be performed

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Again, FG Okays Dredging Of Calabar Channel

by crossriverwatch admin President Goodluck Jonathan has once again approved the dredging of the Calabar channel to boost development in Cross River and the South South as well as the South East geo political zones. The announcement was made by the Hon. Minister of Transport, Senator ldris Umar who said that the dredging of Calabar

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Poultry Farmers In Cross River To Smile Soon

by crossriverwatch admin The National Coordinator of the West African Agricultural Productivity Program (WAAPP-Nigeria), Professor Chikwendu Damian has given assurance that the Poultry aspect of the Memorandum of Understanding (MoU) signed with the University of Calabar (UNICAL) will soon be implemented to boost the sector in the state. Professor Damian who made this known while

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Victims Of Odukpani Mast Disaster Have Been Fully Compensated – Glo

by crossriverwatch admin Globacom Nigeria Limited has disclosed that all the casualties from the disaster caused by the company mast in Odukpani LGA, Cross River State on the 19th of March 2014, have been fully compensated. Mr. Ibiso Iyama of the sales department, made this known in Calabar in a recent town hall meeting put

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Cross Riverians Can Now Learn How To Create Money From eCommerce

by crossriverwatch admin Preparations are in full swing to hold a workshop on how to design eCommerce websites that can help Cross Riverians who are internet savvy to start making money online. The event is scheduled for this Thursday, 28th of August at the Itiaba House, beside Transcorp Hotel, Murtala Muhammed Highway, Calabar. According to

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