Politics
Ayade Assents To N1.1trn 2020 Appropriation Bill
Governor Ben Ayade of Cross River State has signed the 2020 appropriation bill into law.
Ayade, who signed the document at the Executive Chambers of Governor’s Office in Calabbar yesterday promised to complete the signature projects of the administration including Super Highway and Bakassi Deep Sea Port.
The N1.1 trillion Appropriation Bill is christened “Budget of Olimpotic Merristamasis.” In 2019, the state budgeted the sum of N1.04trillion
The sum of N911 billion, representing 82% of the estimates, will be for capital estimates while N188 billion, 18 per cent will be spent on recurrent expenditure.
A breakdown shows that the health sector will gulp N44 billion, N38 billion for education, N22 billion for agriculture while N85 billion will go to the New Cities Project
Commending the House of Assembly for prompt passage of the bill, Ayade said: “Cross River is the first state in the history of Nigeria to present a budget of over a trillion naira. The first time in the history of Nigeria that a state, a sub national, has presented a budget in the neigbhourhood of over a trillion naira.
“There are two types of budgeting. Either you do deficient budgeting or you do envelope budgeting. In envelope budgeting, if you look at your medium-term expenditure framework, you budget according to your expectation which is an agenda informed by how much you intend to achieve.
“Nobody has asked how Cross River which gets the lowest allocation in the country and services debt in the neighourhood of N1.8 billion manages to pay teachers, civil servants, pensioners.”
Continuing, he said: “In the 2020 appropriation bill I have just signed into law, we have developed factories that have matured to a point where you need only operating capital to have them start commercial production. It will be the end of suffering in Cross River.
“Cross River State has 33 industries in four years and you can point at them. So, I want to assure all of you that this budget of N1.1 trillion is something we can achieve, something we can accomplish.”
He explained that the state would be able to achieve its objectives “because the deficiency is compromised with intellectual money.”
While presenting the budget to the governor for signing earlier, the speaker of the State House of Assembly, Jones Eteng Williams, said the House would vigorously carry out oversight functions on the ministries.
He said: “The appropriation bill is like a Bible for us because it’s the document we work with. We don’t have any other document.”
Politics
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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