The Cross River State government has signed a Memorandum of Understanding with Mesotho Group to develop an ultramodern market in Calabar. This agreement aims to enhance local infrastructure and commerce in the state capital.
In a move to boost economic development, the Cross River State government entered into a Memorandum of Understanding (MoU) with the Mesotho Group for the construction of an ultramodern market in Calabar. The signing ceremony, reported on December 12, 2025, marks a significant step toward modernizing the state's commercial facilities.
The ultramodern market project is expected to provide improved trading spaces, better amenities, and support for local businesses in Calabar, the capital of Cross River State. While specific details on the project's timeline, cost, or scope were not outlined in available reports, the agreement underscores the state's commitment to infrastructure upgrades.
This partnership between the government and the private sector highlights ongoing efforts to attract investment and foster growth in Nigeria's southeastern region. No further contradictions or additional facts were noted from the sources.
