The article by my friend Agba Jalingo raises concerns about Cross River State’s increasing debt burden and questions the strategies that Sen. Bassey Otu, the incoming governor, plans to adopt to address this issue. Agba highlights key statistics from the National Bureau of Statistics and the Debt Management Office, indicating the growth of both external
The Nigeria Deposit Insurance Corporation NDIC has been saying that only two percent of the 70 million bank account holders in Nigeria have up to N500k in their bank deposits and that even the N500k is usually in transit. That translates to only 1.4 million people. That also means, no matter how posh or how
Getting money cannot be disconnected from a skill, a product, a service or value addition. Unless you want to live on alms or charity. Even if it is inherited fortune, someone must have used a skill, sold a product or offered a service or added value, in the past, to earn that which you have
Recently, these two incidents have caused quite a stir in the society. The first being the case of Oseni Rufai, who broke traffic laws and then threatened to report the policemen to the governor. The second being that of Seun Kuti, who slapped a policeman and then justified his actions. Oseni Rufai’s case is disheartening
In 2019, despite being the only State out of the 36 states of the Federation that exceeded the borrowing ceiling due to a high debt burden, Cross River State Government went on to acquire loans including an unapproved foreign loan of N1.4 billion for what it tagged “AFD CRS National Program for Food Security”. The
Throughout history, loyalty has been more a virtue demanded by the strong than a spontaneous act on the part of an individual or a segment of society. In the strictest sense, allegiance which is demanded, or purchased, is not really loyalty and is an unpredictable factor in human relationships. The allegiance of armies, of workers,
Obubra still holds the gold medal for the highest number of communal clashes in Cross River State. Apart from the ongoing clash between Ofatura and Ovunum communities which has blocked the highway, in Obubra alone, there are active or hibernating communal clashes between: Iyamitet and Ababene. Iyamitet and Adun. Ofatura and Apiapum. Onyadama and neighboring
Someone tells you he has appointed you into Government office as Commissioner or SA or PA, and waits until the end of the administration, then invites you to come and do documentation to be given your appointment letters? For a new job or for the job you have finished doing? (that’s if you did any