Gov. Otu Reorganizes State PPP Council.

Cross River State Governor, Senator Bassey Otu, has re-organized the State Public-Private Partnership Council to ensure better management of the state’s assets to achieve improved economic fortunes for the state and its residents.

Governor Otu, who reconstituted the state PPP council in his office said, his administration is commitment to turning around the fortunes of the state and creating avenues for employment opportunities, adding that, the PPP council so inaugurated is saddled with the responsibility to coordinate the adoption of the type of partnership that will ensure that the private sector receives returns on investment without the state losing its rights of ownership of the assets.

The Cross River state governor also said, the government’s resources were always very limited and could not provide for all the needs of the people, stressing that, the public-private partnership option, to bridge the gap as a catalyst in participatory governance.

He expressed confidence in the personalities that make up the state’s PPP council and assured them of his administration’s commitment to due process applications, noting that, the state is in dire need of some already-developed infrastructure that requires private expertise for maximum

The Secretary to the State Government Professor Anthony Owan Enoh, earlier remarked that Cross River blazed the trail nationally since 2008 when it came up with a Public-Private Partnership policy which is in line with Cross River State Law Number 6 of 2010.