Skip to content
October 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • C/River 2018 N1.3trn budget passes second reading
  • National News

C/River 2018 N1.3trn budget passes second reading

Admin December 15, 2017

December 15, 2017

The Cross River Government’s 2018 Appropriation Bill of N1.3 trillion on Friday passed second reading at the state’s House of Assembly.

Majority Leader of the house, Mr Moses Ucheche, moved motion for the second reading of the bill, and said that the budget was designed to improve the economy and infrastructural development of the state.

Ucheche, who represents Obanlinku Constituency, said that the budget was realisable in spite of its huge size.

He explained that after going through the Bill carefully, he found out that it captured social welfare packages for the youths and aged, contained support for small-scale businesses and provided for rural roads development.

According to him, the budget also captures the two signature projects of Gov. Ben Ayade, which is the Deep Sea Port and the Super Highway where work has already commenced.

“The 2018 budget, tagged `Budget of Kinetic Crystallisation’ is a budget of hope and development for the state and I wish to call on my distinguished colleagues to support this bill,’’ he said.

Mr Jonas Eteng-Williams, Chairman of Committee on Finance and Appropriation (PDP-Yakurr 2), outlined other projects to be executed from the budget to include Calapharm, rice mill factory, banana factory and power plant.

Eteng-Williams urged the state government to use the budget to tackle security, education, agriculture, health and urban and rural development.

In his contribution, Mr Hilary Bisong, representing Boki II Constituency (PDP), described the budget as “an investment instrument meant to develop critical infrastructure in the state’’.

Speaker of the Assembly, Mr John Gaul-Lebo, expressed hope that the budget would address critical areas of the state developmental plan.

Gaul-Lebo said that the state government had in the last one year put together a growth and strategy development document for massive infrastructural development in the state.

“Some of the key projects that this budget will execute are the state Deep Sea Port and the Super Highway projects which I believe will add more value and generate more revenue into the state’s coffers.

“We support the figure that the governor has presented at this point because we are going to witness massive projects in the state when this budget is fully implemented,’’ he said.

The Speaker thereafter committed the Bill to the Committee on Finance and Appropriation for more scrutiny and work.

Gov. Ayade presented the Bill to the lawmakers on Nov. 30.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous NCC seeks govs’ assistance on broadband penetration
Next Gov. Ambode upgrades press centre, advises journalists

Related Stories

NAFDAC seizes fake alcohol worth N2bn in Lagos market raid health
  • National News

NAFDAC seizes fake alcohol worth N2bn in Lagos market raid

October 14, 2026
Kwara ​‌‌‌⁠‍‍⁠⁠‍​‍‍‌‌‍‌‌‌​NSCDC arrests suspects over alleged trafficking, fake medical practice nscdc
  • National News

Kwara ​‌‌‌⁠‍‍⁠⁠‍​‍‍‌‌‍‌‌‌​NSCDC arrests suspects over alleged trafficking, fake medical practice

October 14, 2026
Galaxy ​‌‌‌⁠‍‍⁠⁠‍​‍‍‌​​⁠⁠‌​Backbone tasks universities on local hardware production
  • National News

Galaxy ​‌‌‌⁠‍‍⁠⁠‍​‍‍‌​​⁠⁠‌​Backbone tasks universities on local hardware production

October 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NAFDAC seizes fake alcohol worth N2bn in Lagos market raid health
  • National News

NAFDAC seizes fake alcohol worth N2bn in Lagos market raid

October 14, 2026
Telecoms Sector to Cut 40m-Litre Annual Diesel Usage in New REA-NCC Green Power Drive, Expand Rural Coverage Hackers
  • Business & Economy

Telecoms Sector to Cut 40m-Litre Annual Diesel Usage in New REA-NCC Green Power Drive, Expand Rural Coverage

October 14, 2026
Diphtheria:​‌‌‌⁠‍‍⁠⁠‍​‍‍​‍‌‍⁠‌​ Kano disease control centre confirms death of 5 family members Kano
  • metro

Diphtheria:​‌‌‌⁠‍‍⁠⁠‍​‍‍​‍‌‍⁠‌​ Kano disease control centre confirms death of 5 family members

October 14, 2026
Kwara ​‌‌‌⁠‍‍⁠⁠‍​‍‍‌‌‍‌‌‌​NSCDC arrests suspects over alleged trafficking, fake medical practice nscdc
  • National News

Kwara ​‌‌‌⁠‍‍⁠⁠‍​‍‍‌‌‍‌‌‌​NSCDC arrests suspects over alleged trafficking, fake medical practice

October 14, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.