Mineral Resources in Akwa Ibom State

Last updated on December 19th, 2023 at 12:41 pm

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In 2021, Akwa Ibom State received NGN91.16 billion as derivation revenue from the Federal Government. Although the state is blessed with 11 major mineral resources, crude oil is the major resource that generates the most revenue for the state.

However, the list of mineral resources that can be found in Akwa Ibom state are:

  1. Clay,
  2. Lead/Zinc,
  3. Crude oil
  4. Salt
  5. Lignite,
  6. Uranium
  7. Giver nitrate
  8. Glass sand
  9. Limestone,
  10. Natural gas
  11. Coal

Crude oil contributes more to the economy of the state makes Akwa Ibom state the third largest producer of crude oil in Nigeria. Apart from the natural resources that are found in the Land of Promise, the state is a host to both the metallic and non-metallic minerals which can be found across the local government areas in the state.

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Author

  • InfomediaNG

    The Infomediang Team comprises a group of researchers, data analysts, and financial experts who closely follow government policies and spending. Our passion lies in empowering people to make informed decisions about their investments by simplifying data for easy understanding. Find us @infomedia_ng on X.

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