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Cross River Has Over N3bn In Reserve Fund – Commissioner

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for Finance, Asuquo Ekpenyong Jnr, has disclosed that the State now has over N3 billion in reserve fund that could be withdrawn from to meet urgent investment obligations if the need arises.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

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Civil Servants Detained For Allegedly Leaking Document Showing Withdrawal Of 4.5Bln LG Funds In Cross River

By Jonathan Ugbal The three civil servants arrested on Monday in Calabar for allegedly leaking documents which showed the payment schedule of NGN250 million withdrawn from each of the local government areas in Cross River state for the procurement of aircrafts and the construction of the Obudu international cargo airport are still in police custody.

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COVID-19: The Pandemic That Changed Everything BY CHARLES O’TUDOR

Albert Camus once said, “Pestilence is so common, there have been as many plagues in the world as there have been wars, yet plagues and wars always find people equally unprepared. When war breaks out people say: It won’t last, it’s too stupid.” Looking at the recent statistics, the COVID-19 pandemic continues to expand. As

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COVID-19: PHED Limits Physical Transaction, Urge Customers To Go Online

By Patrick Obia As the number of confirmed cases of COVID-19 (coronavirus) continue to increase, Port Harcourt Electricity Distribution plc, PHED, has urged customers to embrace her online transaction. This was contained in a release signed by it’s Corporate Communications Manager, John Onyi, who implored customers to make use of the organization’s social media handles

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Fire Destroys Economic Crops Worth Millions Of Naira In Boki LGA

By CrossRiverWatch Admin Fire incident has destroyed economic crops worth millions of naira in Cross River communities of Agba, Bansan, and Obubra in Boki Local Government Areas of the State. The mysterious fire incident, destroyed economic crops such as cocoa, plantain, banana, oil palm trees, bush mango and avocado peer, in an area span of

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The Fortunes Of The ‘Ak 47 Economy’ In Calabar In Recent Times BY AGBA JALINGO

In November 2019, while I was still incarcerated, we heard in our transistor radios how the “Ak 47 Economy” aka kidnapping was flourishing in Calabar. The news was awash with cases of rampant kidnapping in a town where such occurrences were hitherto unheard of. We heard that over six members of staff of the University

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Cross River And Other States In Fiscal Distress

By CrossRiverWatch Admin None of Nigeria’s 36 States could fully fund their 2019 budget with funds they received from both the federation account and internally generated revenues. In most cases, the funds couldn’t pay up to 50 per cent of their expenditures, writes Chineme Okafor and published by This Day Newspaper. A new quarterly report

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Cross River State Government In Process Of Relocating Roadside Traders

By CrossRiverWatch Admin Cross River State Government is building a market for roadside traders around Watt Market in Calabar, it was learnt. Commissioner for Environment Mfon Bassey, who supervised work at the site adjacent Red Cross office in Calabar yesterday, reiterated the government’s readiness to relocate roadside traders. Bassey said the demand for a new

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