C’River 2023 budget proposal christened ‘Budget of Quantum Infinitum’ is pegged at ₦330 bn

0
261
Reading Time: < 1 minute

Governor Ben Ayade presents 330 Billion Budget of ‘Quantum Infinitum’ before the Cross River State House of Assembly for the 2023 Appropriation Year.

Of this figure 200 Billion constituting 61% goes for capital expenditure, while 130b which constitutes 39% goes for recurrent expenditure.

7.5 Billion is provided as citizen’s budget which will ensure the payment of 5,000 – 10,000 as conditional cash transfer to the rural dwellers.

There’s also a provision for a health insurance cover.