Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,025 members, 7,953,065 topics. Date: Thursday, 19 September 2024 at 10:12 AM

Coronavirus: Cross River State Gov't To Lose Billions Due To Coronavirus -Ayade - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Coronavirus: Cross River State Gov't To Lose Billions Due To Coronavirus -Ayade (215 Views)

Lagos State Gov't Begin Demolition Of Illegal Buildings On Banana Island (Pic) / Akwa Ibom Gov't To Complete Another State Of The Art Hospital In Onna LGA / Frank Okiye Tests Positive To Coronavirus (2) (3) (4)

(1) (Reply)

Coronavirus: Cross River State Gov't To Lose Billions Due To Coronavirus -Ayade by kebesobase(m): 1:45pm On Mar 27, 2020
By Kebesobase

The Government of Cross River State has called on the Federal Government to do something in earnest to rescue the state from losing billions of naira it invested on rice seedlings production.

You would recall that the Federal Government under the auspices of Central Bank of Nigeria CBN, and RIFAN, had earlier on, ordered for the supply of rice seedlings from the Cross River Rice Seedling Production Company.

Following this order, the government swung into action by committing huge resources worth billions of naira into it, in order to deliver according to timelines and specifications.

As it stands, the seedlings are ready for delivery, but the process is halted as a result of the current lockdown in the country, due to Coronavirus pandemic.

It is important to note that this rice seedlings upon production, has a very low survival rate on the surface, and it will amount to waste if not transplanted.

On this premise, the Gov. Sir. Sen. Prof. Ben Ayade, call on the Federal Government to rescue the state from another imminent lose, having been battling with dwindling economy occasioned by the seizure of their 76 oil Wells, which were ceded to Akwa Ibom State; a development that prompted the state to keying into the agricultural policy thrust of President Muhammadu Buhari, as a way of diversifying her economy.

Ayade made the call while inspecting the massive rice seedlings in the Ayade Industrial Park recently in Calabar.

In his words "I understand the times we are now, but Federal government should not allow this investment to go down the drain".

You can follow the link below to watch as Ayade laments with a weeping tone...


https://m.facebook.com/story.php?story_fbid=1535082180001892&id=151610975557809&sfnsn=scwspwa&d=w&vh=e&d=w&vh=e&extid=lx4fSF3mn1kute3v

Re: Coronavirus: Cross River State Gov't To Lose Billions Due To Coronavirus -Ayade by kebesobase(m): 1:52pm On Mar 27, 2020
Please Moderator, help push this to frontpage. Thanks

(1) (Reply)

Masters Thesis Or Non Thesis ? / Stand By Your Governors, Pray For Them- GMN Asks Oyo, Bauchi, Kaduna People / I Didn't Know That Nigerian Health Care Center For Coronavirus Is This Bad - SGF

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.