Mr Ben Ayade, the Governor of Cross River State, has explained that the Carnival Calabar is not a profitable venture.

He stated this on Wednesday in Calabar during an interaction with journalists, adding that the state loses more than it gains from organising the yearly carnival.

According to him, as a maritime state with a lot of natural resources and a good climate, Cross River had no business being poor.

“I took over a state that was basically a civil service state, happy with dancing on the streets during the Christmas periods in the name of carnivals which does not really yield much to the state.

“Experience has shown that the money we spend on hosting the carnival is far more than whatever comes into the state after it.

“Unfortunately, it is difficult for many people to see the big dreams of the governor and prefer the filling of potholes, planting grasses, hosting carnivals and paying salaries.

The COVID-19 pandemic is one of the reasons the carnival was cancelled last year and this year.

https://www.reporterswall.com/calabar-carnival-not-profitable-says-governor-ayade/

It's not profitable because it's based on the concept of oringo. Nothing culturally significant