Cross River State’s 2025 proposed budget reveals the allocation of N100 million for the renovation of the Governor’s residence, despite a whopping N2 billion spent on these renovations in 2024. Additionally, N100 million is earmarked for furnishing both the Governor’s residence and lodge. The state has a track record of significant expenditures on governor-related facilities. Source.
Abuja news and Lagos news outlets have raised questions about these priorities amidst pressing socio-economic issues. With a significant 1.9 million impoverished residents and glaring deficits in basic services like education and clean water, the state’s budgeting choices appear misaligned. Given its debt burden of N155.4 billion domestically and $210 million externally, concerns about fiscal prudence are on the rise.
- Key Takeaways:
- N100 million is budgeted again for the Governor’s residence renovation.
- Cross River State prioritizes costly vehicle purchases amidst fiscal challenges.
- 1.9 million people live in poverty, with inadequate basic services.
While state prioritisation raises eyebrows, this budgetary decision calls for a serious reconsideration, especially considering the state’s debt situation. Could Cross River State redirect funds towards more pressing public needs? Share your thoughts in the comments.
