Recurrent Expenditure Archives

Cross River 2027 Budget Capital Spending Scales Second Reading

by Patrick
November 4, 2026

By Sylvia Akpan Members of the Cross River State House of Assembly have commended the State Governor, Senator Bassey Otu, for devoting N708.43 billion, representing 71.72% of the 2027 budget estimates, to capital development and N279.38 billion, representing 28.28%, to recurrent expenditure. Lawmakers gave the commendation during Tuesday, November 3, 2026 plenary as they passed

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