Governor Otu Signs N296bn Budget, Economy Tops
Governor Bassey Otu has signed the 'Peoples First' Budget of N296, 985, 631, 978, 1k into law. The event, which happened on Friday in the temporary office of the Governor’s Office in Calabar, has the economic sector topping with N104, 986, 870, 898.59 billion. Governor Otu when presenting the estimates to the State House of Assembly on October 26, said, “We have prioritised a higher capital expenditure over recurrent expenditure in our public expenditure structure. “As a deliberate principle, we
