Politics
Ayade Presents N1.1trn Budget For 2020
Governor Ben Ayade of Cross River State yesterday presented a budget of N1.1trillion for 2020 to the State House of Assembly.
The budget, tagged “Budget of Olimpotic Meristemasis”, has a capital expenditure of N911 billion representing 82.8 per cent and a recurrent expenditure of N188 billion, representing 17.2 per cent.
While explaining that meristemasis is the active cell that stimulates growth in a young plant, which in this case represented the state, he pointed out that, “the budget will catalyse into existence a great opportunity for the state to put all hands and legs on the pedal.”
He said the decision to set aside 82.8 per cent of the budget for capital expenditure, was indicative of government commitment that will continue to reduce recurrent expenditure and focus on capital expenditure.
On the sectoral breakdown, Ayade disclosed that the health sector has an allocation of N44 billion, education N38 billion, New City Development N35 billion while agriculture was allocated N22 billion and social housing N12 billion, among others.
The governor announced that his administration would sustain its current tax policy with adjustment.
“All low income people like civil servants earning below N100,000 will be exempted from tax.
“Small scale businesses like barbing saloon, hair dressing and others are hereby exempted from taxation,” he said.
He also abolished daily levy of between N500 and N1000 by taxis in the state, noting that they will now pay N2000 only every month.
“We must come to the understanding that indeed any state whose budget is driven by envelope size is limited in vision.
“There are two ways in business and public sector management that you place your budget. It is either that your budget comes as an expression of your envelope size or as an expression of your ambition.
“The prosperity agenda set for this state does not allow me the opportunity of an envelope budgeting,” he said.
Politics
Don’t Risk Your Legacy, Citizen Begs Jonathan Against 2027 Presidential Race
In a letter titled, “An Open Letter to Former President Goodluck Jonathan,” the observer said Dr Jonathan should be careful not to allow himself to be drawn into partisan calculations driven by ambition rather than national interest.
He cautioned the former president against allowing himself to be used by what he described as desperate political interests.
“I believe this is the time to protect the good name and legacy you have built over the years. You should not allow yourself to be used by desperate political elements who may be more interested in their own ambitions than in the future of Nigeria,” the letter read.
The Social Commentator further warned Dr Jonathan to be wary of those advocating for his comeback, claiming many of them were previously opposed to his administration.
“Many of those calling for your return today were your antagonists, those who frustrated your government back then. You should be careful not to become a pawn in a game designed by others or else they will stain your white with their ‘roforofo’,” he said.
He maintained that Dr Jonathan’s legacy remains defined by his decision to concede defeat in 2015, which he described as a landmark moment in Nigeria’s democratic history.
“Your legacy was built through years of public service and your decision to put the country’s peace above personal ambition at a critical moment in Nigeria’s history. That legacy should not be put at risk because of the desperation of a few politicians,” he added.
Mr Adenuga also alleged that some of the promoters of Dr Jonathan’s return have lost credibility in the public space.
“The truth is that some of the people pushing you to contest have already damaged their own reputations. They should not be allowed to stain your legacy with their soiled hands. What they could not achieve on their own should not be pursued through your name and goodwill,” he stressed.
He concluded by urging the former president to remain above political manoeuvring and protect his place in history.
“History has been kind to you. Preserve that honour and remain above the political games of those who want to use your name for their own purposes,” he wrote.
Recall that former President Goodluck Jonathan recently emerged as the presidential candidate of the Kabiru Turaki-led Interim National Working Committee of the Peoples Democratic Party (PDP) following a special convention held in Abuja, where delegates ratified his nomination ahead of the 2027 general elections.
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