Akwa Ibom State Governor, Pastor Umo Eno, has unveiled a significant investment of ₦60 billion by the state government to support Ibom Air's fleet expansion. The funds will be used to acquire two new Bombardier CRJ900 aircraft, aimed at boosting air transportation in the region. The governor emphasized that the state has funded this project without relying on external loans, showcasing his administration's prudent fiscal management.
Speaking at a meeting with the socio-cultural organization Mboho Mkparawa Ibibio, Governor Eno highlighted the importance of establishing an investment fund to sustain the state’s growth. He stressed the dangers of perpetual indebtedness that come with external loans, advocating for strategic financial planning that benefits the people of Akwa Ibom.
Additionally, Governor Eno announced the state's commitment to pay ₦35 billion in gratuity arrears to beneficiaries by the end of September 2024, representing almost 50% of the accumulated backlog. This payment is part of his administration’s broader effort to address longstanding financial obligations to pensioners.
Mboho Mkparawa Ibibio, represented by its International President, Akparawa James Edet, voiced strong support for Governor Eno’s second-term agenda, commending his development initiatives under the ARISE program and his efforts to unite Akwa Ibom’s ethnic communities.
