Opportunity Statement: Under Governor Ayade, the Cross River State Ministry of Solid Minerals obtained exploration licenses for mineral resources from the federal government. The licenses included a quarry lease for granite, an exploration license for limestone, clay, and shale as well as a reconnaissance permit. This was and still remains a huge milestone because the
By Jonathan Ugbal Reports reaching CrossRiverWatch indicates that Cross River State is set to benefit from the recent approval by the federal government for the implementation of the 13 percent derivation from mineral revenues. The state is currently reported to have a minimum of 28 solid minerals available for commercial exploitation and is facing economic
by crosssriverwatch admin The Nigeria Extractive Industries Transparency Initiative, NEITI , is not a witch hunting instrument or a self seeking exercise but a voluntary process through which verifiable data is validated and published for use by policy makers and the public towards improving the country’s macroeconomics environment and strengthening public expenditure management and implementing
by crossriverwatch admin The preparation of the Cross River State Government for the non-oil sector economy has started yielding results with the latest being the discovery of Rutile metal in the state. Rutile is a precious metal resource that has huge commercial value and is used as pigment in paint production, water proof agents, as