News

Ayade Submits N276bn Budget Of Conjugated Agglutination

Cross River State Governor, Ben Ayade has submitted N276 billion 2022 appropriation bill on Friday.

Gatekeepers News reports that the budget titled “Conjugated Agglutination” was presented to the state’s house of assembly.

Ayade, while explaining the title of the budget, said “it is a cascade of so many projects, back to back, to ensure their completion. Putting all together to form a new envelop, that when it explodes you will see a new prosperity agenda.”

According to the Governor, the budget is markedly different from the previous year because it focuses on the completion of ongoing projects such as the Obudu Cargo and passengers International Airport, Obudu British/Canadian International School, and the Odukpani Junction flyover, among many others.

Ayade who noted that N170 billion is for capital expenditure while N106 billion for recurrent expenditure, said N30 million and N50 million will be set aside monthly for the payment of gratuity for retired civil servants in the state.

The Governor said the budget will focus on projects aimed at “generating immediate income for the state and impact directly on the people”.

Gatekeepers News observed that the State has, since the beginning of Ayade’s administration, had controversial titles for its budgets.

The 2021 budget was titled Budget of Blush and Bliss; 2020 was Budget of Olimpotic Meristemasis, 2019 was Budget of Quabalistic Densification, 2018 was Budget of Kinetic Crystallization, 2017 was Budget of Infinite Transposition, and 2016 was Budget of Deep Vision.

Fehintola Ambali-Salam

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