News
Budget of Quabalistic Densification: Gov Ayade to spend N10bn on entertainment
Cross River Gov. Ben Ayade will be spending N10bn on entertainment in 2019.
The State House of Assembly has approved this, along with other expenses including N10bn for financial assistance, and N4bn for contingency—all in the 2019 budget.
The entertainment budget was exactly N4bn higher than the 3018 budget.
Consequently, government budgeted N6b for Financial Assistance for 2018 and N10b for 2019, His Excellency Contingencies was N4b for 2018 and in 2019 N4b.
Ayade presented a N1.3 trillion budget estimates for 2019 to the State House of Assembly for approval. The budget was tagged “Budget of Quabalistic Densification”.
Ayade, while presenting the budget the proposal, said the budget was designed to add value to the socio-economic development and well-being of the people of the state.
The eight assembly approved the budget, and passed it to law for expenditure.
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