The Cross River State Government has unveiled a historic Public-Private Partnership (PPP) investment package valued at over N70 billion and US$1.075 billion, following the approval of sixteen transformative projects by the State Executive Council (ExCo).
The landmark approvals, spanning agriculture, renewable energy, transportation, manufacturing, healthcare, infrastructure and environmental sustainability, reinforce the Otu administration’s determination to accelerate industrialisation, attract private capital, create thousands of jobs and position Cross River as one of Nigeria’s most competitive investment destinations.
Approving the projects during the Executive Council meeting, Governor Otu said the ratification marked “another defining moment in our determination to reposition Cross River as Nigeria’s foremost investment destination.”
He declared that the projects were “not mere proposals on paper but carefully structured partnerships that will unlock jobs, stimulate industrial growth, expand our revenue base and improve the quality of life of our people.”
The Governor stressed that his administration remained committed to creating
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