Gov Otu to Launch LG Committees as Asset Recovery Drive Gains Momentum

 

Governor Bassey Edet Otu has reaffirmed his administration’s unwavering commitment to the comprehensive recovery of Cross River State’s public assets, describing the effort as a cornerstone for rebuilding the state’s economic foundation and restoring public confidence in governance.

Speaking during the 7th State Executive Council (EXCO) meeting held on Wednesday at the Governor’s Office in Calabar, Governor Otu commended the Special Adviser on Asset Management and Recovery, Barr. Gilbert Agbor, for his “focused and painstaking” approach in reclaiming government-owned properties that had been misappropriated or abandoned.

“The recovery of our state assets is well underway,” the governor stated. “Let me extend my deep appreciation to the Special Adviser on Asset Management and Recovery, Barr. Gilbert Agbor, for his resilience and commitment to duty. His work has brought to light several hidden but valuable assets belonging to the state. You don’t need to look far to know who is performing. Well done, Barr. Agbor.”

Governor Otu also acknowledged the contributions of concerned citizens who have supplied credible information aiding the recovery efforts.

In a move aimed at expanding and accelerating the process, the governor announced plans to immediately constitute Asset Recovery Committees across all 18 Local Government Areas of the state. These committees will be tasked with identifying, documenting, and recovering all public assets, including land, buildings, and both movable and immovable properties, regardless of their location.

“This decentralized structure will ensure that no corner of the state is left out in reclaiming what rightfully belongs to our people,” he emphasized.

The Otu administration’s bold push for asset recovery has earned commendation from public affairs analysts, who have praised its commitment to transparency and institutional accountability in a sector historically marred by opacity and mismanagement.

Barr. Agbor’s office recently submitted a revealing report highlighting widespread encroachment on state lands, including properties belonging to Government College Ikot Ansa, the University of Cross River State (UNICROSS), and other public institutions. The report also uncovered multiple cases of fraudulent asset acquisitions involving collusion between private actors and compromised public officials.

With the upcoming activation of local government recovery teams, the administration aims to ensure that all state-owned assets, hidden or in plain sight, are accounted for, reclaimed, and protected for future generations.

Governor Otu’s “People First” agenda continues to place emphasis on responsible governance, fiscal integrity, and the restoration of institutional order, all vital to repositioning Cross River State for sustainable growth.