Business & Economy
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How Exporting Quary Stones Can Transform The Economy of C’River State BY PRINCEWILL OJONG ODIDI

by crossriverwatch admin We sit on a pot of gold, yet we wallop in poverty, debts and gross unemployment! This Statement comes to life, when we review the rate of economic hardship and joblessness among young people in Cross River State compared to our natural mineral deposits and the available international markets for these products.

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Kerosine Scarcity Persists in Calabar

by crossriverwatch admin Long queues and unrelenting hassles persist in Calabar and environs as kerosene consumers daily besiege the only two filling stations in the city that dispense the product. When CrossRiverWatch visited the NorthWest Filling station along the Marian Extension Road, on Thursday afternoon, thousands of buyers who have been queuing for several hours

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The Many Doors of 32-Day Calabar Festival BY OTEI OHAM

by crossriverwatch admin There is no doubt that Cross Riverians from all walks of life and indeed fans of CrossRiverState are eagerly looking forward to this year’s Calabar Festival, which usually begins and ends within 32 days in the month of December. This is so because since the Festival began in 2005, there has never

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TINAPA: Elephant in Our Room BY ENOBONG UDOH

by crossriverwatch admin In Nigeria, we are very familiar with the cliché “white elephant” and use it to refer to grandiose government projects which are oftentimes a drainpipe of scarce resources that serve no purpose whatsoever to the welfare of the people. Generally, our interpretation of this cliché is same as its universal literal meaning;

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Cross River Seeks 1.5 Billion Naira Loan From Fidelity Bank

by crossriverwatch admin The Cross River State government is seeking the sum of 1.5 billion Naira from Fidelity Bank to finance outstanding contract liabilities to contractors handling Rural Roads Projects in the state. A letter by the state governor Senator Liyel Imoke to the State House of Assembly to seek approval for the loan stated

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90 Percent of Businesses in C’River Owned by Non-Indigenes – Imoke

by crossriverwatch admin Governor Liyel Imoke of Cross River state on Thursday said available data indicates that 90 percent of business ventures in the state are owned by stranger elements and not by indigenes. Speaking during the commissioning of Asi Ukpo Diagnostic and Medical Centre in Calabar, the Governor reiterated that major business outfits which

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Cross River State Economy Worth N1.28tn in 2011-Yuguda

by crossriverwatch admin The National Planning Commission has put Cross River State’s Gross Domestic Product, GDP for 2011 at N1.28 trillion. Revealing this during a presentation on the outcome of the first ever survey of GDP of states in the country, the Supervising Minister of National Planning, Amb. Bashir Yuguda said The GDP of the

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Cross River State Commences Licensing of Tourism And Hospitality Operators

by crossriverwatch admin The Governor of Cross River, Senator Liyel Imoke, has formally approved the commencement of the Tourism Standards Authority (TOSA) licensing regime in the state, effective 1st November, 2013. This follows adoption of the new Licensing Regulations by the Cross River State Executive Council in March 2013. TOSA, an enforcement unit of the

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