Gov Otu approves N104 Billion supplementary budget to boost development

Cross River State Governor, Bassey Otu, has signed the Cross River State Supplementary Appropriation Bill 2025 into law, adding ₦104 billion to the state’s budget.

This raises the total 2025 fiscal outlay from ₦538 billion to ₦642 billion.

Speaking at the signing ceremony at the State Executive Chambers, Governor Otu described the supplementary budget as a “strategic and deliberate intervention” to address changing economic conditions and take advantage of new investment opportunities in key sectors.

He stated, “The new allocation will be used to fast-track important infrastructure projects, improve agricultural value chains, strengthen healthcare and education, enhance security, and create jobs through targeted investments.”

“This supplementary appropriation will position our state for faster growth. Every kobo will be spent wisely for the benefit of all Cross Riverians.”

Governor Otu also assented to three other laws: the Cross River State Counterpart Funds (Amendment) Law 2025, which updates the management of donor funds; the Cross River State Roads Funds Law 2025, establishing a dedicated fund for rural and semi-urban road development; and the Cross River State Electricity Law 2025, which provides a legal framework for state-level power generation and distribution.

Speaker of the House, Elvert Ayambem, said the supplementary budget complies with constitutional provisions and targets key areas including administration, economic growth, healthcare, justice, regional integration, and social services.

He praised Governor Otu’s fiscal discipline and assured continued legislative support to advance the government’s vision.

Daily Watch Nigeria.