The Cross River State Government has revealed that it generated ₦55.5 billion and spent ₦33.46 billion in the first quarter of 2025, with capital expenditure accounting for 35% of total spending.

The disclosure was made by the Special Adviser to the Governor on Budget, Mr. Otu Ita Ita, during a budget engagement session with civil society organisations (CSOs) and the media in Calabar.

The event was held in collaboration with the Budget Transparency and Accountability Network (BTAN).

Ita outlined the state’s Q1 budget performance, noting a fairly balanced fiscal position with expenditures allocated as follows: 35% on capital projects, 50% on overheads, and 25% on debt servicing.

“That 25% on debt servicing is significant,” Ita said. “Just imagine what it could do for education, healthcare, and other essential services. While the percentage may increase due to existing contractual obligations, we remain committed to meeting our debt obligations without default.”

He emphasized that the state has not sought any new loans in the current financial year, reaffirming its commitment to fiscal discipline and transparency.

Speaking at the session, Executive Secretary of BTAN, Mr. Eworo Otu Ita, raised concerns about the delay in constituting the Open Government Partnership (OGP) Steering Committee, stressing the need for active stakeholder inclusion.

“There are high expectations from the new administration,” Eworo said. “We need a functional action plan and full stakeholder participation in the OGP Steering Committee.”

Also speaking, Ukeme Ekong of the OGP in Cross River called for renewed political will to implement the State Action Plan and strengthen the steering committee.

“The budget is already online. Now, we must sustain the gains and recommit to the values we signed up for under the OGP framework,” Ekong noted.

She urged improved collaboration among government agencies, civil society, and the media to deepen transparency and public participation.

The engagement between the Budget Office and non-state actors signals a growing momentum for inclusive governance and fiscal accountability in Cross River.

Stakeholders say the state now has a critical opportunity to rebuild public trust through openness and responsible leadership.