Cross River State Regains Oil-Producing Status After Decades
Hintusmedia: Cross River State, Nigeria – May 29 2024
In a significant development, Cross River State has regained its oil-producing status, decades after losing it to Cameroon and the neighbouring Akwa Ibom State.
This was disclosed by Governor Bassey Otu during his State of the State Address on Wednesday, 29th May 2024, as he marked his first anniversary in office.
“I am delighted to announce that Cross River State has regained its oil-producing status,”
Governor Otu stated. “This is a remarkable achievement that will have a transformative impact on our state’s economy and the lives of our people.”
According to the governor, the reclamation of Cross River’s oil-producing status is the result of sustained efforts and negotiations with relevant authorities and stakeholders.
“For years, we have worked tirelessly to reclaim what rightfully belongs to us,” he said. “I am proud to say that our perseverance has paid off, and Cross River State is once again an oil-producing state.”
The governor emphasized that this development will open up new avenues for economic growth and development in the state, promising to ensure that the benefits are equitably distributed among the people.
“This is a historic moment for Cross River State,” Governor Otu concluded. “We are poised to harness the full potential of our oil resources to drive sustainable development and improve the living standards of our citizens.”