Governor Liyel Imoke of Cross River StateÂ has assented to the 2010 appropriation bill.Â While signing the bill into law, Monday, Imoke said the 2010 budget size has been raised by 30 percent over the 2009 budget which suffered a downward review by 20 percent, explaining that in 2009, the state found itself in a Suden, unexpected financial precarious situation and quickly had to respond accordingly.
According to Imoke, â€œLearning from that experience, we have decided to confront our challenges with courage, stronger commitment, determination and hope, which is why the 2010 Budget is Christened â€œBudget of Hope.
The Governor appreciated the Speaker and members of the State House of Assembly for not just the timely passage of the bill but the considerable effort which led to the passage, explaining that in Cross River, there is a cordial relationship between the different arms of government which share same experiences with resolve to serve the people.
He said both have the same purpose and commitment to serve the people as seen in theÂ budget proposal which was presented in December last year and was appraised by the various committees of the house as constitutionally required, emphasizing that the budget is designed to have great impact on the well being of the people.
Imoke remarked that efforts will be made to ensure the budget is implemented despite its attending challenges as it has introduced a system of budgeting which is holistic, transparent and participatory on account that it has the ability to serve, explaining that the private sector has a critical role to play.
The Governor noted that the State is determined to provide good governance to impact on the economy to have a multiplier effect as it will not only support on the development of the economy but significantly contribute to improvement of the livelihood of the people, adding that â€œwe are committed to providing basic services that will rejuvenate the fortunes of agriculture without getting directly involved in commercial agribusiness.
We will provide the support necessary to enlighten our farmers and build their capacity to participate in Federal Agricultural Programmes.