Wed. Oct 21st, 2020

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Fate Of C’River Property, Investment Firm Uncertain

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A dark cloud of uncertainty now pervades the Cross River State owned Property and Investment Company, CROSPIL. There are emerging indications that the state governor, Prof. Ben Ayade, plans to shut down the company.
Findings also show that the company may not be entirely shut down but may be relocated to a different location. The governor paid an unscheduled visit to the company last week and gave the management seven days ultimatum for time to move out of the present location.
But no new facility has been identified as their new operational base. Perhaps, this is what has put paid to the fears that the government may have made up its mind to shut down CROSPIL.
Our reporter who confirmed that Prof. Ben Ayade paid an unscheduled visit to the company on the 2nd of September, 2019, and gave the managing Director Mr. Eno I. Obongha and his workers an ultimatum of 7 days to relocate to a yet to be identified location.
Many residents of the estate and owners of properties in the estate are worried that their registered instruments dating back to Governor Jacob Esuene’s days may be lost.
When contacted, Managing Director of CROSPIL, Mr. Eno Obongha refused to make comments on the issue at stake. According to him, public servants should be seen and not heard and that he would not grant any interview but will carry out any directive issued by the governor.

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