Cross River Revises Budget: Gov. Otu Signs 2023 Appropriation Bill Into Law
By evangelist.com.ng edition, Friday July 28, 2023.
The Cross River State Governor, Senator Bassey Otu, has signed the revised 2023 appropriation bill into law in realisation of his ‘people first’ agenda.
The appropriation bill has a total sum of two hundred and fifty billion, seven hundred and eighty one million, fifteen thousand, six hundred and sixty one naira (N250, 781,015,661), a downward review from the previous budget size of N330billion.
Speaking at the event, Senator Otu, said the need to review the 2023 budget became necessary because of his government’s decision to work within a realistic financial framework of the State.
MUST READ: Infrastructural Development: Cross River, Akwa Ibom governors charged to collaborate for better outcome
Earlier, the speaker, Rt. Hon. Elvert Ayambem told the governor that the realistic budget will be people centred.
The 2023 appropriation bill which was signed by the immediate past administration had a total sum of Three Hundred and Thirty billion naira.
