Cross River state Governor Ben Ayade has presented the 2022 budget to the state House of Assembly.
He revealed that the title of the budget is "Conjugated Agglutination", with the total estimate at 276 billion naira, broken down into N170 billion for capital expenditure while N106 billion represents the recurrent expenditure.
According to him, It is a cascade of so many projects to ensure their completion. Putting all together to form a new envelop, that when it explodes we will see a new prosperity agenda. The Budget focuses on the completion of ongoing projects and also seeks to ensure the sustenance of our administration's policy of regular payment of salaries.
Governor Ayade noted that in the budget, his administration set aside between N30 to N50 million monthly for the payment of gratuity for retired civil servants in the state.
He added that the appropriation bill will mirror projects aimed at generating immediate income for the state and the impact directly on the phone.
Source: www.clintonsdaily.com
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