State of Cross River Aims for $9 Billion Economy by 2031

Governor Bassey Otu, speaking at the inaugural Executive Governor’s Roundtable in Abuja themed “Building Cooperation for a Better Today and Resilient Future,” unveiled Cross River State’s ambitious goal of attaining a $9 billion economy by 2031.

Emphasizing the interconnectedness of global economies due to globalization, Governor Otu underscored the state’s proactive stance in leveraging this phenomenon for enhanced wealth creation and investment fluidity.

He urged prospective investors to explore opportunities across sectors such as agriculture, manufacturing, solid minerals, oil and gas, and hospitality, highlighting the state’s strategic advantages, including its fertile land, abundant mineral resources, picturesque landscapes, and reputation for safety.

Dignitaries including the India High Commissioner to Nigeria and Israel’s Ambassador to Nigeria expressed readiness to collaborate with Cross River State, particularly in areas like irrigation, rice farming, and economic zone development.

Commissioner for Information, Hon Erasmus Ekpang, assured stakeholders of the government’s committed efforts to rejuvenate the state’s economy, as witnessed by the gathering of members of the Diplomatic Community, National Assembly representatives, and industry leaders.


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