Business & Economy
Breaking News Business & Economy National News Reports

Cross River Water Board Spends N25m On Diesel, Chemicals Monthly – GM

by crossriverwatch admin Mr James Buchan, the General Manager (Operations) of Cross River Water Board, has said the board spends an average of N25 million monthly on diesel and chemicals to sustain water supply, urging the consumers who owed to settle their bills. Buchan said this in an interview with the News Agency of Nigeria

Read More
Breaking News Business & Economy National News Politics Reports

Abi Chairman Seeks More IGR Sources For Council

by crossriverwatch admin Given the dearth in funds to pursue the council’s goals, the Chairman of Abi Local Government Council Mrs. Edith Amadi has indicated strong commitment to seeking alternative sources of funds for the Local Government Area. Mrs. Amadi gave the indication in an executive session with members of the Abi Executive Council which

Read More
Breaking News Business & Economy National News Reports

Six Cross River Revenue Officers Standing Trial For Fraud

by crossriverwatch admin No fewer than six officers of the Cross River State Internal Revenue Service are standing trial for committing fraud and diverting public funds into their personal accounts. The acting Chairman of The State Internal Revenue Service, Dr. Peter Oti stated this while speaking with newsmen in Calabar recently. He said four of

Read More
Breaking News Business & Economy National News Reports

Total Electricity Blackout In Calabar

by crossriverwatch admin For over three days the capital city of Cross River State has been in total blackout without electricity supply from the Port Harcourt Electricity Distribution Company. Our reporters observed that there has been no power supply within the state capital of Cross River for over 3 days which has crippled many business

Read More
Breaking News Business & Economy International News National News Reports

Chinese Defraud Cross River State Government of N3.8 million

by crossriverwatch admin The Cross River State government has urged the Police to commence manhunt for one Mr. Xiao Bo, a Chinese national, for allegedly diverting government funds amounting to about N3.8 million to his private account. Besides, a Chinese quarry company based in Akamkpa Local Government Area of the State, Messrs Brothers Quarry, which

Read More
Breaking News Business & Economy National News Reports

Calabar-Ikom High Way: Three Dangote Trucks Crash On Same Spot In One Month

by crossriverwatch admin The sharp bend on the hill directly facing the defunct Chinese wood logging company, Wemco has claimed three haulage trucks belonging to multi-billion dollar conglomerate, Dangote Plc in the month of April 2014. The bend which is on a slope is dangerous and tricky to negotiate particularly for speeding vehicles and often

Read More
Breaking News Business & Economy National News Reports

World Bank Provides $500m To Fight Erosion In Cross River

by crossriverwatch admin The World Bank has released $500 million as intervention fund for five environmental and gully erosion sites projects in Cross River, South-South Nigeria. The Senior Environmental Specialist, World Bank and Team Leader, Nigerian Environmental and Watershed Management Project (NEWMAP), Dr Amos Abu, said on Friday that the fund had been released for

Read More
Breaking News Business & Economy National News Politics Reports

Senator Ayade Fulfills Promise, Hands N200,000 Each To Fifty Entrepreneurs

by crossriverwatch admin Professor Ben Ayade, the Senator representing the Northern Senatorial District of Cross River State on Tuesday kept to his word to give take off grant to some members of his constituency to assist them start or expand existing businesses. Handing over the cheques of N200,000 (two hundred thousand Naira) to fifty people

Read More