By Judex Okoro, Daily Sun Cross River State Government has begun consultations with relevant stakeholders on planned amendment of 2020 budget. Commissioner for Finance, Asuquo Ekpenyong, who disclosed this during a Citizen Budget Forum in Calabar, said at a time the world is facing economic downturn, occasioned by coronavirus pandemic, the State Government is once again
By CrossRiverWatch Admin Bank balances standing in Cross River State JAAC and Local Governments capital accounts as at June 2nd 2020. #FollowOurMoney #HoldLeadersAccountability #ShineYourEyes
With the rising national debt stock and the need to borrow to stave off the collapse of the economy, it is timely that the Debt Management Office (DMO) has released the 2020 Revised External and Domestic Borrowing guidelines for the federal and state governments, the Federal Capital Territory (FCT) and other agencies of the government. The
By Eyo Charles, Daily Trust Men, who claimed to be officials of Local Councils in Cross River State, have manhandled shop owners, traders, hawkers and market women for daring to resist payments of rates and levies in the Mbukpa markets and Ambo axis of Calabar South Local Government Area of the State. Two weeks ago,
By Ada Wodu, Punch Newspaper The Chairman of the newly-inaugurated Anti-Tax Agency in Cross River State, Bishop Emmah Isong, has vowed to prosecute those who breach the law that exempts some categories of people from paying taxes. He gave the warning in Calabar recently, while reacting to reports that tax agents and consultants were still
By CrossRiverWatch Admin Cross River Governor, Benedict Ayade, recently announced for the third time, a ban on the taxation of low income earners. Below are some of the taxes, levies and fees paid by haulage and goods vehicles each day they ply the roads in the state. i. Cross River Environment (ecological) levy – N2500
By CrossRiverWatch Admin The recent poverty index report from the National Bureau of Statistics (NBS) shows that about 82.9 million Nigerians live in extreme poverty. This figure represents 40.1 per cent of the nation’s total population estimated at about 200 million. This is contained in its “2019 Poverty and Inequality” report using the Nigerian Living
By Eyo Charles, Daily Trust Cross River State Commissioner for Finance, Asuquo Ekpenyong Jnr, has disclosed that the State now has over N3 billion in reserve fund that could be withdrawn from to meet urgent investment obligations if the need arises. The Commissioner disclosed this while making clarification that the State did not lose out