2023: Gov Ben Ayade Presents N330bn Budget Of Quantum Infinitum
Gov. Ben Ayade of Cross River has presented a budget estimate of N330billion for the 2023 fiscal year. Ayade, who presented the budget before the Cross River House of Assembly on Thursday in Calabar, christened the budget as “Budget of Quantum Infinitum”. The governor said that the budget was designed to improve the welfare of the citizens and residents of the state, noting that the budget presentation was his last given his transition period. He explained that the budget was tagged “budget of quantum Infinitum” because it was carrying mass aspects of the state progressive and development plan. He stated that the budget would target the completion of projects, payment of salaries and gratuities, pension, grants, livelihood support, and capital projects among many others. According to him, the budget also focuses on completing some of the projects executed in his administration in the last seven years. Giving a breakdown of the budget, Ayade said that N130billion was for recurrent expen...