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Contract breaches: Gov Otu revokes concession agreement for Obudu Cattle Ranch

From Aniekan Aniekan, Calabar The Cross River State governor, Senator Bassey Otu has revoked the concession agreement for the Obudu Cattle Ranch. The concession which was granted to CIBA Construction Company Limited for the management of the Obudu Cattle Ranch was revoked due to the firm’s failure to fulfill its contractual obligations. Under terms of […] The post Contract breaches: Gov Otu revokes concession agreement for Obudu Cattle Ranch appeared first on The Sun Nigeria.



Cross River State Governor Bassey Otu revoked CIBA Construction Company Limited's concession agreement for the Obudu Cattle Ranch due to the firm's failure to meet contractual obligations, directing stakeholders to revamp the facility. The decision, based on CIBA's material breaches, has been praised as a step towards revitalizing the ranch and ensuring accountability.

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