Gov Ayade signs Cross Rivers’ budget of N354.5bn

The Cross River State Governor, Ben Ayade, on Friday signed the state’s 2022 appropriation bill of N354.5 billion.

The governor, who addressed journalists after signing the document titled: “Budget of Conjugated Agglutination,” at his office in Calabar, said the budget would ensure the take-off of most of the industries established by his administration.

He said: “Most of the industries we started have all been completed. This budget is, therefore, aimed at getting the products from these industries into the market in quick and agglutinated succession.

“Our administration was fully aware that a budget in a developing economy could not be an envelop budget because your budget to your dream, vision, and aspiration.

READ ALSO: Ayade presents 2022 budget proposal of N276bn to Cross River Assembly

“Any budget that is limited to what you can earn does not belong to the Third World developing economies. It is only the economy that has matured, stabilised and fermented that could have envelope budgeting.

“So it is not so much about the size of your budget, but much more about the size of your ambition and your commitment. It is about the journey you set for yourself and how you want to arrive at your destination.”

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now