Ayade signs 2021 appropriation bill of N281.9bn into law


Cross River state governor, Sir Ben Ayade Wednesday signed the state's 2021 budget into law.

Christened, budget of Blush and Bliss, the 2021 budget has a total sum of N281.9billion, a sharp reduction from the previous budget sizes of over 1.01trillion.

Speaking at the signing ceremony which held at the State Executive chambers of the Governor's office, Calabar, Ayade disclosed that the budget has made provisions for the establishment of a state polytechnic.

It also has provisions for social welfare schemes like grants and other financial benefits to help cushion the effect of the Covid-19 pandemic on the people.

He disclosed that the size of the budget was smaller when compared with previous budgets that were in the region of over one trillion naira.

The governor attributed this to the fact that his administration has decided to reduce the financial commitments of the state in key projects such as the Bakassi Deep Seaport and the 275km superhighway to just five percent.

These projects, according to him, are now to be built on a Public Private Partnership (PPP) model.

"For the budget of 2021, the bugdet of "Blush and Bliss" the gross component is in the dramatic reduction of the budget size from over N1.01 trillion to 281 billion. One will ask what will then happen to that missing gap?

"We had explained this in the budget presentation that we are shifting from all the big big dreams to the basic, primordial things of survival and ensuring that there is food on the table.”

Continuing, the Cross River state number one citizen said: “We had planned in 2020 that by 2021, we are going to move away from "food on the table" to "food on the table and hands on the plough", but with Covid-19 and Endsars protest, we realized that we have to sustain the food on the table further.”

The governor maintained that the 2021 budget was streamlined in order to meet the intended focus, hence it provided only for 5 percent cost for such capital projects as the 275 kilometre Superhighway, the Bakassi Deep Sea port, Calas Vegas Island among others saying the state's privatization council in partnership with KPMG as their consultants will work to select the best Investors available who are able and willing to invest in the capital projects.

Ayade however, expressed optimism that with the plethora of industries he has so far established taking off fully in 2021, the economy of the state will get a huge boost.

He commended members of the state House of Assembly for sacrificing their comfort and personal pleasure during the Christmas holidays to ensure that the 2021 budget was ready for signing.

Earlier, the Speaker, Hon. Eteng Jones Williams explained that the House made some adjustments in the appropriation bill the governor submitted to it in October to accommodate new realities that were captured in the bill such as the establishment of the Cross River state Polytechnic which bill the governor recently signed into law.

Ok

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Ayade no do One trillion naira budget again? Mumu short professor.

See his ugly coloured office.

What of the expressway to Katsina?

SocialJustice:

What of the expressway to Katsina?

Cancelled.

Short man devil , na only to sign you sabi , you just enter government to cast the state tourism, nothing is working in cross river aside those your bill board and ayade is working sign post , grass don cover tinapa , goat shit and cow dung na full cattle ranch for obudu , kidnapping and arm robbery don turn calabar to another failed state yet you go dey sign money , your power plant nor even get light , your garments factory nor even fit sew face mask , continue with your wickedness till those militant for bakassi get your time again , you just dey use grammar fool your slaves

Honestly you are an illiterate. Why is the Governor signing a budget paining you? Oh I forgot you don't even know what budget is. Google is your friend Sha. And for the records all the gibberish you wrote here are all lies. The ranch resort is working perfectly well, Tinapa is not Ayade's fault but the fault of fg to dredge the port and make the zone a freetrade zone and since the launch of operation Akpakwu, Calabar has been relatively safe with series of arrests being made. This information is for those who you tried to fool here with your stupidity.

Blue3k:


Cancelled.

What a clown. He was only interested in harvesting the trees in that forest for himself.

SocialJustice:
What a clown. He was only interested in harvesting the trees in that forest for himself.

Yup its sad but the people get what they vote for. He's moved on to calas vegas and Cally air. Let's see if either see the light of day. He's ordered the planes at least.

offiong187:
Honestly you are an illiterate. Why is the Governor signing a budget paining you? Oh I forgot you don't even know what budget is. Google is your friend Sha. And for the records all the gibberish you wrote here are all lies. The ranch resort is working perfectly well, Tinapa is not Ayade's fault but the fault of fg to dredge the port and make the zone a freetrade zone and since the launch of operation Akpakwu, Calabar has been relatively safe with series of arrests being made. This information is for those who you tried to fool here with your stupidity.

Atleast he has realise that making phantom budgets doesnt mean it will automatically be seen in the economy.
Ayade was scamming the state with that phantom budgets all these past years.
How much is the state allocation from fed fovt? Less than 3billion naira,as at the lst check from nbs, cross rivers state igr is less than 30billion naira. Calulate it with the fed allocation, u r talking of less than 70billion nairA.
So u have more than 150billion naira deficit, how will he cover the short fall?
This is the same thing the apc govt is doing in nigeria with bogus budget with massive deficit.

SocialJustice:
Ayade no do One trillion naira budget again? Mumu short professor.

See his ugly coloured office.

What of the expressway to Katsina?

lol

no more super highway and deep seaport. Only blind supporters will still hail. Where is Ngeneukwenu and aka deadmeat,come and defend bad government

offiong187:
Honestly you are an illiterate. Why is the Governor signing a budget paining you? Oh I forgot you don't even know what budget is. Google is your friend Sha. And for the records all the gibberish you wrote here are all lies. The ranch resort is working perfectly well, Tinapa is not Ayade's fault but the fault of fg to dredge the port and make the zone a freetrade zone and since the launch of operation Akpakwu, Calabar has been relatively safe with series of arrests being made. This information is for those who you tried to fool here with your stupidity.

na u make ranch work. The place has lost its vibe. Calabar that was none to be clean and free of pot holes are now then of thieves,potholes everywhere and very dirty

thundafire:
na u make ranch work. The place has lost its vibe. Calabar that was none to be clean and free of pot holes are now then of thieves,potholes everywhere and very dirty

He just told you you be Illiterate, take it and shut up. He is obviously wiser than you