By Sylvia Akpan, Government House Correspondent To transform the state into a maritime hub, the Government of Cross River State, has received the Hydrographic, Geotechnical, Geophysical Report and New Navigational Chart for the proposed Bakassi Deep Seaport project. Speaking at a formal ceremony held in the State Executive Council Chamber, Governor Otu described the event
By Sylvia Akpan, Government House Correspondent The Cross River State Executive Council has moved towards developing the Bakassi Deep Seaport project by ratifying the shareholders’ agreement that governs the port’s ownership and operations. The agreement mandates the restructuring of Bakassi Deep Seaport Ltd., the Special Purpose Vehicle (SPV) established for the project. This is part
By Sylvia Akpan, Government House Correspondent The Government of Cross River State has flagged off the hydrographic, geophysical, and geotechnical survey for the Bakassi Deep Seaport Integrated Project that will pave the way for a $3.5 billion project. The ceremony was held first, at the NNS Victory Base in Calabar and later on the high
By CrossRiverWatch Admin In a bid to foster economic progress along the coastal areas and other parts of the state particularly in the vicinity of the Bakassi Peninsula, which lies on the international border between Nigeria and the Cameroon Republic, Cross River State Governor, Senator Bassey Otu, has met the Chief of Naval Staff (CNS),
By CrossRiverWatch Admin The Cross River State government has secured $3.5 billion in funding from the Pan-African multilateral financial institution, African Export-import Bank (Afreximbank), for some of its key infrastructure projects in the State. Governor Bassey Otu, who was in Egypt last week for a workshop, also visited the African Export-Import Bank (Afreximbank) in Cairo
By Our Reporter The former Special Assistant to the Cross River State Governor; Senator Ben Ayade on Local Content, Mr. Imoh Anthony has called on the Governor to expedite action on the State Government sponsored Bakassi Deep Seaport which he acknowledged remains the last resort for the good people of Cross River Riverians. In a
When Sen. Ben Ayade was sworn in on May 29, 2015, he left no one in doubt that he is a man of great intellect and unique ideas and it goes without saying that his Governance styles would be quite apart from the usual. Sen. Ayade showed immediately that if his predecessors had bold ideas,
By Efa Sunday, Government House Correspondent The team handling the Bakassi Deep Seaport project, Feedback Infrastructure Services has just presented it’s second Outline Business Case (OBC) before the Governor of Cross River State, Ben Ayade and members of the State Executive Council. The Team Lead, Engr. Onuoha Nnachi commended the Governor for taking up the