Governor Bassey Otu of Cross River State, on Tuesday, presented a budget proposal of N498 billion for the 2025 fiscal year to the Cross River House of Assembly.
Presenting the proposal to the lawmakers in Calabar, Mr Otu noted that the sum of N328 billion, representing about 68 per cent of the total budget size, was allocated to capital expenditure.
He said that the recurrent expenditure is N170 billion, representing about 34 per cent of the total budget.
According to him, the…
Read the full article here
