Business Economy of Akwa Ibom State

Main Economic Activities

Akwa Ibom State is a predominantly civil service state with the government being the major engine of growth.

The main economic activities of the people are fishing (for riverine and coastal dwellers), farming (mostly for upland dwellers), trading, artisanship and white-collar services.

A robust public sector employs significant proportion of the State labour force.

Akwa Ibom is one of the major oil producing state in Nigeria, with most of the oilfilelds located offshore Ibeno.

The government has made attempts to diversify the state economy along the lines of mechanised agriculture, tourism and IT. This is typified by the Ibom Rice, IT parks initiatives, and the 5-star Ibom Meridien Hotel and Resort, and world class golf course.