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Vision for Industrialization:
An Akwa Ibom State with an empowered populace and a private sector-driven
economy, acting as a catalyst to Nigeria's Industrial Revolution.
Creating a dynamic prosperous, and productive
populace...
Community empowerment - for industrialisation and
business ownership
Community entrepreneurship - logical
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| :: Recent Articles | | Dec 4, 2012: Industrialisation And Consolidation of AKS Economy
| | Nov 19, 2012: FG To Build Better Systems To Halt Mismanagement In Extractive Industry | | Nov 17, 2012: Akwa Ibom EXCO Proposes N459B For 2013 Draft Budget
| | Apr 4, 2012: AKHA Members to Understudy China`s Industrialisation Strategies | | Apr 1, 2012: `Why We Need University of Commerce` | | Mar 29, 2012: AKHA Wants Full Fledge College of Agriculture | | Sep 29, 2011: 24th Anniversary Lecture: Building Akwa Ibom State of Our Dream Through Industrialization | | Jul 22, 2011: AKS Industrialisation Sees Better Days Ahead ...Monarchs | | Jul 11, 2011: Industrial Revolution Begins In October - Akpabio | | Jul 5, 2011: Projects Mr President Will Not See In Akwa Ibom | | Apr 19, 2011: Akwa Ibom is leading change in Africa | | Apr 6, 2011: Gov. Akpabio Lists the Benefits of Ibaka Deep Seaport | | Oct 17, 2010: Industrialisation to Take Center Stage Between 2011-2015 With Gov. Akpabio
| | Sep 6, 2010: Akpabio Sets Agenda for Industrial Revolution – Blue Print for Second Term | | Aug 24, 2010: NASSI Boss Justifies Numerous Awards on Gov. Akpabio | | Aug 11, 2010: AKS Women Stand Tall for Akpabio | | Jul 8, 2010: Odio People in Onna To Site Electricity Soon
| | Jun 17, 2010: AKSG Partners Firms On Rice, Palm Oil Production; Creates 4,000 Jobs | | Apr 8, 2010: Crude Oil Discovery Responsible for Oil Palm Neglect - Akpabio
| | Apr 1, 2010: Akwa Ibom State Government Set To Reactivate Water Transport |
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Fast-tracks rapid
development of the State to build human capacity, stimulate employment and
utilise our abundant raw materials for the production of sought after finished
products by using best in class industrialisation models such as FDI, PPP, SME
development, and vertical integration to develop a healthy association of
satisfied merchants and consumers with local business enterprises.
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Commerce & Industry in Akwa Ibom State
To develop Akwa Ibom’s industrial potentials and at the same time attract
potential investors the government has put in place an industrialisation blueprint to
enable such investors examine and leverage inward looking, import-substitution,
and export-led industrialisation strategies being adopted by the state
government. The rapid industrial development of the state, therefore, involves investment
promotion, and public private partnership.
Government has vigorously enabled the environment for the development of
industrial estates and cottage industries whether by the state or with private
interests, such that each of our 31 local government areas will
have at least one industrial estate to employ the citizens and process available
raw materials into finished products.
As an empowerment strategy, government supports and sponsors its citizens to embark on commercial ventures. Support includes identification of market
opportunities, participation in domestic and international trade fairs,
provision of infrastructures, periodic material subsidies, and patronage of
local entreprises.
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Raw
Materials
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Food Crops |
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Arable Crops |
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Fruit Crops |
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Vegetable Crops |
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Tree Crops |
Palm Trees, cocoa, rubber |
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Livestock |
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Poultry |
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Fisheries |
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Government has resolved to promote private investments and boost economic
activities to vibrancy by industrialising the state on a policy of one industry
per local government area on basis of comparative advantage. There is also an
implementation of rural private entrepreneurial initiatives in order to create
and sustain a dynamic and productive private sector driven, state supervised
modern industrial economy.
Since no industry can survive without stable electricity supply government
pushed for power sector reform so as to add distribution and transmission
licenses from the federal government for the electricity it currently generates
at Ibom Power Plant.
For entrepreneurs who are currently engaged in industrial production or
processing a variety of products at their micro, small and medium enterprise,
and are relatively doing well in their operations, but require financial
stimulus to consolidate and expand operations to meet domestic and export market
requirements government has provided necessary legal framework for injection of
an industrial fund and technical framework for supervision, management and
regulation of the fund.
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- Attraction of Foreign Direct Investment (FDI) and promotion of public private
partnership (PPP) in the State
- Identification of industrial raw
materials available in the different local government areas of the State,
through a resource survey.
- Enhancement of manpower development needed to drive the burgeoning industrial
and commercial activities in the State
- Provision of conducive environment for the development of small and medium
enterprises (SME) as well as large scale industries and consortiums in the State
- Provision of conducive environment for the development of small and medium
enterprises (SME) as well as large scale industries and consortiums in the State
- Creation of wealth and employment opportunities, thereby reducing poverty
amongst the citizenry
- Exhibition of the State’s products and services at 2009 Abuja International
Trade Fair
- Development of a 5-star blueprint to guide in the State’s industrial development
- Provision of 100KVA generating set at the Ministry of Commerce and Industry
- Introduction of Micro credit scheme for small scale industries and small and
medium enterprises, SMEs
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