According to report reaching oyogist.com, the Cross Rivers State Governor, Ben Ayade has reportedly signed the 2021 state appropriation bill into law on Wednesday.
The budget which was tagged “Budget of Bliss and Blush”, was said to have reduced considerably to the tune of N281.7 billion naira, compared to past budgets which were in the region of trillions of naira.
“The budget of Bliss and Blush gross component is in the dramatic reduction of the budget size from N1.01 trillion to N281 billion. One will then ask what will happen to the missing gap and we had exclaimed during the budget presentation that we are shifting from all the big dreams to primordial things of survival and ensuring that there is food on the table for the mass of the population.
“The 2021 budget is streamlined to meet the intended focus hence it made provision for only 5% on capital projects as the 275 km superhighway the Bakassi Deep Sea Port, the Calas Vegas Island and the State Privatization Council in partnership with KPMG as consultants will work towards selecting the best investors who are available, willing and capable to invest in these projects,” Governor Ayade said.