KOKO Business · 8 Nov 2026
Cross River Governor Outlines Economic Vision for 2027

Cross River State Governor, Senator Bassey Otu, outlined his administration's accomplishments in debt reduction, revenue generation, and public asset recovery, emphasizing a focus on wealth creation during his second term.
Otu made these remarks during the inauguration of the APC Campaign Council for the 2027 general elections in Calabar, urging party leaders to communicate the state's progress to residents.
The governor noted that upon taking office in May 2023, Cross River faced security issues, a demoralized public service, and underutilized assets, which his administration has since addressed.
In fiscal management, Otu stated that his administration reduced the inherited domestic debt of over N204 billion by more than N70 billion without taking on new loans.