Cross River Gov presents N276bn 2022 budget to State Assembly

Ben Ayade, the governor of Cross River State, has presented a budget of N276 billion to the state House of Assembly for the 2022 fiscal year.

Ayade presenting the budget titled ‘Conjugated Agglutination’ on Friday said it was a continuation of budgets of previous years with no new capital projects intended for the year.

He said, “The state budget for the 2022 fiscal year is N276 billion. Out of this, N101 billion is for recurrent expenditure and N175 billion is for capital expenditure.

“We are going to focus on completing existing projects with the view to making them functional.

“Regular payment of salaries is also a priority in the 2022 fiscal year.”

Ayade added that the government was considering keeping aside a special fund for payment of gratuities of retired civil servants in the state.

According to him, this is to ensure a gradual reduction of the backlog of gratuities owed to retirees in the state.

“It is my dream that all retirees get their gratuities with less stress,” the governor said.

He solicited the cooperation of the house of assembly for speedy passage of the budget.

“I also appeal that you and other well-meaning citizens of Cross River join in the task of delivering on our numerous developmental projects for the benefit of our people,” he said.

Responding, the Speaker of the house, Etteng Williams, assured the governor that the house would do all within its powers to ensure early passage of the budget.

“We will corporate with you to deliver on this administration’s laudable projects through the early passage of the budget,” he said.

The Informant247 News Nigeria | Cross River Gov presents N276bn 2022 budget to State Assembly