Debt Management Office
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Bare Knuckles: Recurrent Expenditure – Is Cross River Spending Its Way To Death? BY ISO BASSEY

In one of my earlier articles, Labouring under a deadly burden, I wrote about one of Cross River State’s biggest challenges – It’s debt burden. I reflected on the fact that the State’s debt grew by 78% from 2014 to 2019 leaving it with debt of more than N230 billion. Debt is not necessarily a

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Alleged N3.8b Debt: Appeal Court Agrees To Hear Suit Against Cross River

By Eric Ikhilae, The Nation Newspaper The Court of Appeal in Abuja has agreed to hear a case brought against the Cross River State Government over alleged N3.8billion debt being claimed by a firm engaged to refurbish and manage the popular Obudu Mountain Resort. A three-man panel of the Court, led by Justice Abubakar Datti

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Did Ulayi Lie? Cross River Debt Rose By N70 Billion In 3 Years Under Ayade

By Jonathan Ugbal The claims made by Mr. Emmanuel Ulayi, a Special Assistant to Governor Ben Ayade on media that the Cross River State Government has not borrowed a dime since Mr. Ayade assumed office in May 29, 2015 may not be true as quick checks on the Debt Management Office shows otherwise. In a

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