National News
Gov Otu signs ₦104bn Supplementary Budget, assent to roads, electricity, counterpart funds bills into law
Cross River State has officially expanded its 2025 fiscal plan by ₦104 billion, as Governor Bassey Edet Otu on Tuesday signed the Supplementary Appropriation Bill into law, raising the year’s budget from ₦538 billion to ₦642 billion.
At the brief ceremony in the State Executive Chambers, Governor’s Office, Calabar, Wednesday, Governor Otu described the supplementary budget as a “strategic and deliberate intervention” to respond to evolving economic realities and seize fresh opportunities for growth. According to him, the additional funds will be channelled into accelerating the completion of key infrastructure, boosting agricultural value chains, improving healthcare and education systems, enhancing security, and creating jobs through targeted investments.
“This supplementary appropriation will reposition our state for accelerated growth. Every kobo will be spent prudently for the benefit of all Cross Riverians,” the governor assured, commending the State House of Assembly for the speedy passage of the bill.
In the same sitting, the Governor also assented to three other critical laws. The Cross River State Counterpart Funds (Amendment) Law 2025 streamlines structures for managing donor and counterpart funding to improve transparency and efficiency. The Cross River State Roads Funds Law 2025 establishes a dedicated fund for the development and maintenance of rural and semi-urban roads, aimed at boosting accessibility and economic activity. The Cross River State Electricity Law 2025 which creates a legal framework for state-level power generation and distribution in line with recent constitutional amendments, paving the way for improved energy access and industrial growth.
Speaker of the House, Rt. Hon. Elvert Ayambem, noted that the supplementary budget and accompanying laws align with constitutional provisions while targeting priority sectors across governance, economic growth, healthcare, justice, regional integration, and social services. He praised the governor’s fiscal discipline and vision, pledging continued legislative collaboration to ensure the administration’s development agenda is fully realised.
With the expanded fiscal space and new legal instruments, the Otu administration has set the stage for what could be one of Cross River’s most ambitious pushes in infrastructure, health energy, and social development in recent years.
-
Metro2 days agoCourt sentences Police officer to death for killing UNIJOS student
-
Metro9 hours agoKaduna communities get boost as Sen. Katung Sunday delivers aid to IDPs, rural Hospitals
-
Security8 hours agoOndo Government reaffirms support for State Police as solution to rising insecurity
-
News1 day agoJournalism cannot claim credibility without women at the table — NAWOJ chair, Aisha Ibrahim
-
News1 day agoSoyinka slams heavy security escort for Seyi Tinubu
-
News1 day agoUS Congressman Riley Moore visits Benue IDP Camps, decries brutal attacks
-
News14 hours agoEFCC detains Chris Ngige amid earlier kidnap rumours
-
News8 hours agoNMDPRA cautions Nigerians as festive season nears, assures steady fuel supply


