Governor
Ben Ayade of the People's Democratic Party, PDP, has publicized his
plans of developing the economy of Calabar on a large-scale note.
Professor Ben Ayade
Cross River State Government has completed plans to float its own
airline as well as a shipping line, as part of efforts to increase
revenue and lower dependence on federal allocation, according to
Channels TV.
Addressing reporters in Calabar, Governor Ben Ayade said the state
was taking full advantage of its huge tourism potentials and vast
maritime resources by going into both airline and maritime services.
Huge Maritime Resources
The governor noted that while Cally Air was expected to transport
tourists from all over Nigeria to the beautiful tourist sites dotted
across the state, particularly the famous Obudu Ranch Resort, the
shipping line would concentrate primarily on cargo services, especially
along the shoreline of the Gulf of Guinea.
Ayade maintained that “Cross River State is only taking full
advantage of its huge maritime resources by focusing on maritime trading
particularly, cabotage services by providing merchant vessels that will
ply the Gulf of Guinea and provide services to countries along this
shoreline.
“In our 2017 budget, there is a provision for a merchant vessel
that will provide maritime businesses with Gabon, Equatorial Guinea and
Cameroun and the entire stretch of the shoreline.
“There is another provision for Wharf landing and other support
services. So, we are also going to have a fabrication yard and other
allied maritime services as we refocus on broadening the maritime sector
in the state”.
Justifying government’s decision to venture into maritime services,
Professor Ayade reasoned that with the maritime trade and connectivity
along the region, his administration was confident that the return on
the investment would definitely be huge and contribute immensely to the
budget of infinite transposition.
“Our vessels are already berthing in Calabar as part of
investment in 2017 because we are establishing business outlays in some
West and Central African countries dealing mostly on petroleum products
and because Cross River State is looking at an aggregate of driving an
industrialised, business-like module for governance, soon, you will see
us go into full time trading.
“That is why in our budget, we have budgeted about 14 billion Naira to expand investment in this direction to the Gambia,” the Governor explained.
Professor Ayade further told reporters that the state had the
capacity to handle the huge investments, knowing full well that, it is a
very delicate combination of public-private service administration
structure running it from a private business perspective.
Cross River is announcing its plan two days after Imo State
government said it had taken delivery of the first aircraft, to kick
start, as the first state owned commercial airline, Imo Air.
During the official launch of the new airline at the Sam Mbakwe
International Cargo airport in Owerri, the Imo state capital, the
Governor Rochas Okorocha said the investment by the state government
would boost economic activities in the state.
He added that it would increase the state Internally Generated
Revenue and also generate employment opportunities for teaming
unemployed youths in the state.
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