Posted By: RICHARD NDOMA
Governor of Cross River State, Prof. Ben Ayade, yesterday, signed the state’s Infrastructure Fund bill into law.
Speaking at the signing ceremony at the executive council chambers in Calabar, witnessed by members of the state House of Assembly, including the Speaker, Rt Hon John Gaul Lebo and the state chairman of Peoples Democratic Party, PDP, Ntufam John Okon, Governor Ayade, described it as a bill that intends to seek for funds to cater for the people.
The law empowers the state government to seek for funding for its capital projects such as the governor’s signature projects in its effort to render services to its citizenry.
He noted that the cooperation of the lawmakers was the kind of synergy required for Cross River to move forward and become a leading state among the comity of states in Nigeria.
Governor Ayade said being the first law to be signed into law by him showed that the choice of the people in voting PDP was right after all, adding that though the signature projects envisaged his administration look like a mirage and scaring, the intention, he argued, was to create a sustainable take off and a brighter hope for the people.
He observed that the Infrastructure Fund Law was an indication that the deep seaport, super highway, garment industry, haulage city, modular refinery, and other projects were achievable based on the philosophy guiding development economy which is to provide infrastructure for the economy to grow.
Speaker of the State House of Assembly, Hon John Gaul Lebo, disclosed that the legislature’s support for the fund is provided under section four of the Nigerian constitution as it invoked its power under sections 44 and 46 of the state Bureau for Public and Private Enterprises Law that requires in future that Cross River Government should consider a bill that will take infrastructure forward
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