The governor of Cross River State, Ben Ayade, has presented the 2019 budget estimate of N1.043 trillion tagged budget of `Qabalistic Densification’ to the Cross River House of Assembly for consideration and passage.

Mr Ayade, who presented the budget on Wednesday in Calabar, said it was meant to drive the industrialisation agenda of his administration.

According to him, the budget was designed to drive the realisation of at least one industrial project in each local government area of the state with a view to creating wealth and move the people away from poverty.

“The 2019 budget of N1.043 trillion is meant to shift Cross River from the third world to the first world.

“The budget will deal with the issue of active industrialisation in each local government area of the state.

“It is a budget of deep vision meant to deliver a prosperity agenda under the catalysis of minimal money and intellect."

“The 2019 budget will witness the actualisation of products from the industries established with the 2018 budget.
“The budget has been designed with special focus on infrastructure and we have allocated 30 per cent of the budget for that,’’ he said.

Mr Ayade said that the performance of the 2018 budget of N1.3 trillion was 74 per cent, adding that the 2019 budget would be driven to create more jobs for the youths and industrialisation.

“In terms of federal allocation, we are the least. In terms of salary alert, employment and appointments we are number one,’’he said.
The governor, who did not give a breakdown of the budget in terms of personnel cost, recurrent revenue, overhead and statutory expenditures, urged the Assembly to give the budget speedy consideration and passage.

The Speaker, John Gaul-Lebo, commended Mr Ayade for his industrialisation agenda in the state.
He said when completed, the industries would create jobs for youth in the state.

Mr Gaul-Lebo assured the governor of the Assembly’s continued support for the economic and political growth of the state.
(NAN)


https://www.premiumtimesng.com/regional/south-south-regional/310721-cross-river-governor-presents-n1-043-trillion-budget-estimates-for-2019.html

Abi he's mad ni?


Lagos the economy centre of Naija no even present 1 trillion budget.


Mad man even gave the budget stupid name Qabalistic Densification

Qabalistic kill you there

Get Nigeria working again

Prof

This Trillion Governor. Every year trillion, yet no single infrastructure.

This guy is not serious. In 2018, he submitted over a trillion budget and I don't think that he has implemented 20% of that budget.
It seems this Prof is a comedian. I think I need to visit cross river state once more. I haven't been there since this clown became the governor.

Lagos budget sef no reach dis one

A record breaking Governor.. That what it mean to be an oil producing State. Even Lagos of all is learning where Cross River is.

We are getting there

Hmm. Above Lagos'

Eko ti take over. But not this time.

Trillion??

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Una see as madness dey start?

Lies

G

Hmmm.. Even Lagos state with far more resources and igr does not have such a high budget


Well, I guess it's to pay his thousands of aides

jezz!! 1trn

Coughing!!!!!!!!!!!!!!!!!!!!!

Teejayphillip:
Lagos budget sef no reach dis one

Cross river is bigger than Lagos

Mad governor

OhiOfIhima:
A record breaking Governor.. That what it mean to be an oil producing State. Even Lagos of all is learning where Cross River is.

He's a useless governor.cross river has lost its oil producing status.anyway,this is his last budget,owan will kick him out.

Very unrealistic budget. How will a poor state like Cross River fund this budget?

OhiOfIhima:
A record breaking Governor.. That what it mean to be an oil producing State. Even Lagos of all is learning where Cross River is.

Cross River is not an oil producing state.

G

Binikingdowm:
Lies

Its true.this is my state.the governor is a failure

What!!!
More than Lagos?

Abeg have they been re-awarded the oil wells obj gave to Akwa Ibom? Abi them still get other bigger oil wells?

What's Ben Ayade thinking with this trillion naira budget?

It's obvious what's going to happen in his second term.

Tired of all these bogus budgets that half of it cannot be implemented.

Mr gov. How did you plan to get the money because your internally generated revenue as an oil producing state was less than that of Ekiti state the other time?