Akwa Ibom is the 5th highest producer of oil and gas in Africa & also the 3rd biggest GDP in Nigeria after Lagos and Abuja. So imagine if AKS was to be a country of its own..
Just like Lagos is the 5th biggest GDP in Africa..
Is no longer secret that Nigeria and most African countries economy heavily depends on Crude oil sells..

According to Wikipedia..
Top 10 Highest producers of oil and gas in Africa..
1. Nigeria.... 1.9m BPD
2. Angola.... 1.7m BPD
3. Algeria..... 1.3m BPD
4. Lybia...... 1m BPD
5. Akwa Abasi Ibom kingdom.... 504k BPD
6. Egypt.... 490k BPD
7. Republic of Congo.. 308k BPD
8. Sudan...... 255k BPD
9. Equatorial guinea.... 227k BPD
10. Gabon.... 210k BPD..

With this ranking Akwa Ibom state, if allow to function like a country will even be richer than countries like Ghana, Gabon etc..
Note : Akwa Abasi Ibom kingdom and Lagos will arguably be among the Top ten biggest economy / richest countries in Africa, if they were to be an independent countries of it own...
https://en.m.wikipedia.org/wiki/List_of_countries_by_oil_production

https://www.climatescorecard.org/2019/05/nigeria-relies-on-oil-despite-having-large-coal-reserves/

Lalasticlala, mynd44, seun we are waiting for you...

Wow, the paid sycophant has created another stvpid thread to glorify Bush Akwa Ibom.

Has it translated into a better standard of living for Akwaibomites? Thats what matters.

true ...but the part of akwa ibom that produce this oil ...oron , eket ,eastern obolo , ikot abasi are seriously marginalized by ibibio and annang but mostly ibibio

I don't even know why oron left cross river honestly

kingzizzy:
Has it translated into a better standard of living for Akwaibomites? Thats what matters.

the question have akwa ibom been allowed to manage their oil resources ....when we all share 80% of their oil revenue ...what do u expect

According to Wikipedia..
Top 10 Highest producers of oil and gas in Africa..
1. Nigeria.... 1.9m BPD

2. Angola.... 1.7m BPD

3. Algeria..... 1.3m BPD

4. Lybia...... 1m BPD

5. Akwa Abasi Ibom kingdom.... 504k BPD

6. Egypt.... 490k BPD

7. Republic of Congo.. 308k BPD

8. Sudan...... 255k BPD

9. Equatorial guinea.... 227k BPD

10. Gabon.... 210k BPD..

Now In This Case. The Country Nigeria Is Strugling With Akwa Ibom Nation,

I find these type of comparisons annoying! If you lot had enough sense and the boldness to demand ownership of what God blessed you with, Akwa-Ibom, by rights, ought to have the resources and freedom to chart their own course to development....instead of what obtains now, where you wait for some ‘born-to-rule’ oligarchs in some far off region to give you 13% based on the useless constitution they wrote for you!

I feel the same sense of frustration and annoyance when i see some people, who seem to base the measure of their success in life on how they compare with Ndigbo, always wanting to measure dick with us on threads that can drag on for days! And my kinsfolk tend to encourage these insecure twerps instead of focusing on how we can free ourselves from the shackles ‘one Nigeria’ has placed on us!

Wasn’t even aware Akwa-Ibom was a kingdom!

Upon all the "Oyel" in Akwa Ibom, the state is even poorer than some states without Oil......

This Akwa Abasi Ibom guy sef,

Ilaumoh:
[s]Akwa Ibom is the 5th highest producer of oil and gas in Africa & also the 3rd biggest GDP in Nigeria after Lagos and Abuja. So imagine if AKS was to be a country of its own..
Just like Lagos is the 5th biggest GDP in Africa..
Is no longer a secret that Nigeria and most African countries economy heavily depends on Crude oil sells..

According to Wikipedia..
Top 10 Highest producers of oil and gas in Africa..
1. Nigeria.... 1.9m BPD
2. Angola.... 1.7m BPD
3. Algeria..... 1.3m BPD
4. Lybia...... 1m BPD
5. Akwa Abasi Ibom kingdom.... 504k BPD
6. Egypt.... 490k BPD
7. Republic of Congo.. 308k BPD
8. Sudan...... 255k BPD
9. Equatorial guinea.... 227k BPD
10. Gabon.... 210k BPD..

With this ranking Akwa Ibom state, if allow the function like a country will even be richer than countries like Ghana, Gabon etc..
Note : Akwa Abasi Ibom kingdom and Lagos will arguably be among the Top ten biggest economy / richest countries in Africa, if they were to be a country of it own...
https://en.m.wikipedia.org/wiki/List_of_countries_by_oil_production

https://www.climatescorecard.org/2019/05/nigeria-relies-on-oil-despite-having-large-coal-reserves/

Lalasticlala, mynd44, seun we are waiting for you... [/s]

akwa ibom is a backward shiithole with few good roads and white elephant projects . with the kind of money akwa ibom makes it's a still a rural state with some of the most local people. most akwa ibom girls are prostitutes everywhere including married woman. they are too easy to Bleep.

Una don come again. Which one is Akwa Ibom Kingdom. Abeg take it easy.

Ilaumoh:
Akwa Ibom is the 5th highest producer of oil and gas in Africa & also the 3rd biggest GDP in Nigeria after Lagos and Abuja. So imagine if AKS was to be a country of its own..
Just like Lagos is the 5th biggest GDP in Africa..
Is no longer a secret that Nigeria and most African countries economy heavily depends on Crude oil sells..

According to Wikipedia..
Top 10 Highest producers of oil and gas in Africa..
1. Nigeria.... 1.9m BPD
2. Angola.... 1.7m BPD
3. Algeria..... 1.3m BPD
4. Lybia...... 1m BPD
5. Akwa Abasi Ibom kingdom.... 504k BPD
6. Egypt.... 490k BPD
7. Republic of Congo.. 308k BPD
8. Sudan...... 255k BPD
9. Equatorial guinea.... 227k BPD
10. Gabon.... 210k BPD..

With this ranking Akwa Ibom state, if allow the function like a country will even be richer than countries like Ghana, Gabon etc..
Note : Akwa Abasi Ibom kingdom and Lagos will arguably be among the Top ten biggest economy / richest countries in Africa, if they were to be a country of it own...
https://en.m.wikipedia.org/wiki/List_of_countries_by_oil_production

https://www.climatescorecard.org/2019/05/nigeria-relies-on-oil-despite-having-large-coal-reserves/

Lalasticlala, mynd44, seun we are waiting for you...

The bolded indicated some elements of delusion on the part of the poster. There was nothing such as Akwa Ibom before the state was created talk less a kingdom.

kingzizzy:
Has it translated into a better standard of living for Akwaibomites? Thats what matters.

You sure need to read the piece again. Assuming it was a country...

Igbochief001:
true ...but the part of akwa ibom that produce this oil ...oron , eket ,eastern obolo , ikot abasi are seriously marginalized by ibibio and annang but mostly ibibio

I don't even know why oron left cross river honestly

Eket doesn't produce oil, ibeno should replace her, Esit Eket should replace ikot Abasi and Mbo to replace Oron..
This is the best changes

Igbochief001:

the question have akwa ibom been allowed to manage their oil resources ....when we all share 80% of their oil revenue ...what do u expect

You seem to be the only one that read to comprehension..

realstars:

According to Wikipedia..
Top 10 Highest producers of oil and gas in Africa..
1. Nigeria.... 1.9m BPD

2. Angola.... 1.7m BPD

3. Algeria..... 1.3m BPD

4. Lybia...... 1m BPD

5. Akwa Abasi Ibom kingdom.... 504k BPD

6. Egypt.... 490k BPD

7. Republic of Congo.. 308k BPD

8. Sudan...... 255k BPD

9. Equatorial guinea.... 227k BPD

10. Gabon.... 210k BPD..

Now In This Case. The Country Nigeria Is Strugling With Akwa Ibom Nation,

You can elaborate more ok

PROUDIGBO:
I find these type of comparisons annoying! If you lot had enough sense and the boldness to demand ownership of what God blessed you with, Akwa-Ibom, by rights, ought to have the resources and freedom to chart their own course to development....instead of what obtains now, where you wait for some ‘born-to-rule’ oligarchs in some far off region to give you 13% based on the useless constitution they wrote for you!

I feel the same sense of frustration and annoyance when i see some people, who seem to base the measure of their success in life on how they compare with Ndigbo, always wanting to measure dick with us on threads that can drag on for days! And my kinsfolk tend to encourage these insecure twerps instead of focusing on how we can free ourselves from the shackles ‘one Nigeria’ has placed on us!

Wasn’t even aware Akwa-Ibom was a kingdom!

So reading the article carefully again whats your summary?
Or should we go to war with one Nigeria, because the last time I check everybody down south need independence earnestly from this born to rule wombs...

But they can't breathe

Abouwaza:
But they can't breathe

24SEVEN:
Wow, the paid sycophant has created another stvpid thread to glorify Bush Akwa Ibom.

Is he lying ?

Mathis101:
akwa ibom is a backward shiithole with few good roads and white elephant projects . with the kind of money akwa ibom makes it's a still a rural state with some of the most local people. most akwa ibom girls are prostitutes everywhere including married woman. they are too easy to Bleep.

Attack dog ! Which state are you from ? Let's compare..

I no fit laugh at the clown Hunchogee aka Ilaumoh.
Third highest GDP only in your dreams.

For your notice Delta is the number when it comes to oil in Nigeria.



Poor illiterate with inferiority complex. Rivers will always remain your daddy.

List of the richest states in Nigeria
1. Lagos State ($33.68 Billion)
2. Rivers State ($21.17 Billion)
3. Delta state ($ 16.75 billion)
4. Oyo state ($16.12 billion)
5. Imo State ($14.21 billion)
6. Kano state ($12.39 billion)
7. Edo state ($11.89 billion)
8. Akwa Ibom region ($11 billion)
9. Ogun state ($11 billion)
10. Kaduna state ($10.33 billion)
11. Cross River state ($9.29 billion)
12 Abia state ($8.68 billion)
13. Ondo region ($8.41 billion)
14. Osun state ($7.28 billion)
15. Benue region ($6.86 Billion)
16. Anambra State ($6.76 Billion)
17. Katsina State ($5.99 billion)
18. Niger State ($6 Billion)
19. Borno State ($5.18 Billion)
20. Plateau State ($5.15 Billion)
Bonus: Sokoto State ($4.82 Billion)

Marine54:
Is he lying ?

Isn't he dreaming??

The Economic Confidential on Sunday released its Annual States Viability Index (ASVI) report.

It showed that 17 States are insolvent as their Internally Generated Revenues (IGR) in 2018 were far below 10% of their receipts from the Federation Account Allocations (FAA) in the same year.

The index declared that without the monthly disbursement from the Federation Account Allocation Committee (FAAC), many states remain unviable, and cannot survive without the federally collected revenue, mostly from the oil sector.


The IGR are generated by states through Pay-As-You-Earn Tax (PAYE), Direct Assessment, Road Taxes and revenues from Ministries, Departments and Agencies (MDAs).

The IGR of the 36 states of the federation totalled N1.1 trillion in 2018 as compared to N931 billion in 2018, an increase of N172 billion.

The report further indicates that the IGR of Lagos State of N382bn is higher than that of 30 States put together whose Internally Generated Revenues are extremely low, and poor compared to their allocations from the Federation Account.

Meanwhile, the Federal Capital Territory (FCT) Abuja, which is not a state but the nation’s capital generated N65bn IGR against N29bn it got from the Federation Account in 2018.

Lagos State remained steadfast in its number one position in IGR with a total revenue generation of N382bn compared to FAA of N260bn which translate to 146% in the twelve months of 2018.

It is followed by Ogun State which generated IGR of N84.55bn compared to FAA of N93bn representing 90%; Rivers with N112bn compared to FAA of N237bn representing 47% and Kwara State with a low receipt from the Federation Account has maintained its impressive IGR by generating N23bn compared to FAA of N81bn representing 28%.

Others with impressive IGR include Edo with IGR of N28bn compared to FAA of N112bn representing 25%; Kano generated N44bn compared to FAA of N183bn representing 24%; Enugu with IGR of N22bn compared to FAA of N92bn representing 23%; Ondo with IGR of N24bn compared to FAA of N108bn representing 22.77%; Kaduna with IGR of N29bn compared to FAA of N131bn representing 22.44% while Delta State earned N58bn IGR against FAA of N285bn representing 20%.

The report noted that ten states with impressive IGR generated N808bn in total, while the remaining states merely generated a total of N295bn in 2018.

While the report provides shocking discoveries, the states with less than 10% IGR have remained 17 as in the previous year 2017.

It added: “The poor states may not stay afloat outside the Federation Account Allocation due to socio-political crises including insurgency, kidnapping, armed-banditry and herdsmen-farmer clashes.

“Other states lack foresight in revenue generation drive coupled with arm-chair governance.

“The states that may not survive without the Federation Account due to poor internal revenue generation are Ebonyi which realized a meagre N6.14bn compared to a total of N76bn it received from the Federation Account Allocation (FAA) in 2018 representing about 7.98%; Bayelsa with IGR of N13.6bn compared to FAA of N192bn representing 7.10%; Taraba N5.96bnbn compared to FAA of N88bn representing 6.77%; Adamawa with IGR of N6.2bn compared to N97bn of FAA representing 6.77% and Borno with IGR of N6.52bn compared to N122bn of FAA representing 5.3% within the period under review.


“The major poor internal revenue earners are Katsina which generated N6.9bn compared to FAA of N138bn representing 5.03%; Yobe N4.48bn compared to FAA of N89bn representing 4.86% and lastly Kebbi N4.88bn IGR compared to FAA of N101bn representing 4.88%.”

The Economic Confidential ASVI further showed that only three states in the entire Northern region have IGR above 20% in comparison to their respective allocations from the Federation Account. They are Kwara, Kano and Kaduna States. Meanwhile seven states in the South recorded over 20% IGR in 2018. They are Lagos, Ogun, Rivers, Edo, Enugu, Ondo and Delta States.

The four Southern states with the poorest Internally Generated Revenue of less than 10% compared to their FAA in 2018 are Akwa Ibom, Ekiti, Ebonyi and Bayelsa. Similarly, 13 Northern States have poorest IGR, namely Benue, Nasarawa, Gombe, Zamfara, Niger, Bauchi, Jigawa, Taraba, Adamawa, Borno, Katsina, Yobe and Kebbi States.

https://dailypost.ng/2019/05/12/10-nigerian-states-economically-viable-17-bankrupt-see-details/

Ilaumoh:

Eket doesn't produce oil, ibeno should replace her, Esit Eket should replace ikot Abasi and Mbo to replace Oron..
This is the best changes

most of your oil comes from the sea ...thanks to oron ...all the wells u took from cross river was thanks for oron

Igbochief001:

the question have akwa ibom been allowed to manage their oil resources ....when we all share 80% of their oil revenue ...what do u expect

Nobody is allowed to control their resources in Nigeria. I have no sympathy for Akwa Ibom or the South South in that regard. They know that they are being exploited in Nigeria but they dont want to do anything about it. When they see other people from the South East actively agitating and protesting for restructuring or to break away from the same oppressive Nigeria, they dont join in their large numbers. Nigeria is draining their Oil wealth while they are relaxing and talking nonsense

Now someone is posting what they generate even though Akwai Ibom will never see much of that wealth. They deserve it, may be some day they will finally get sense.

Ilaumoh:
[s]Akwa Ibom is the 5th highest producer of oil and gas in Africa & also the 3rd biggest GDP in Nigeria after Lagos and Abuja. So imagine if AKS was to be a country of its own..
Just like Lagos is the 5th biggest GDP in Africa..
Is no longer secret that Nigeria and most African countries economy heavily depends on Crude oil sells..

According to Wikipedia..
Top 10 Highest producers of oil and gas in Africa..
1. Nigeria.... 1.9m BPD
2. Angola.... 1.7m BPD
3. Algeria..... 1.3m BPD
4. Lybia...... 1m BPD
5. Akwa Abasi Ibom kingdom.... 504k BPD
6. Egypt.... 490k BPD
7. Republic of Congo.. 308k BPD
8. Sudan...... 255k BPD
9. Equatorial guinea.... 227k BPD
10. Gabon.... 210k BPD..

With this ranking Akwa Ibom state, if allow to function like a country will even be richer than countries like Ghana, Gabon etc..
Note : Akwa Abasi Ibom kingdom and Lagos will arguably be among the Top ten biggest economy / richest countries in Africa, if they were to be an independent countries of it own...
https://en.m.wikipedia.org/wiki/List_of_countries_by_oil_production

https://www.climatescorecard.org/2019/05/nigeria-relies-on-oil-despite-having-large-coal-reserves/

Lalasticlala, mynd44, seun we are waiting for you... [/s]

Source Wikipedia


You see why I said this guy is a poor illiterate.

I know the clown Hunchogee aka Ilaumoh does not read books/official documents, but goes around spreading half baked info manufactured by himself and spread it around blogs.
Just look at his source wikipedia. Something I can go edit now and he will embrace it as fact!


I know you are paid by AKSG to spread propaganda. Let me give you some inside documents to expose your foolishness.

Poverty is rampant in Akwa Ibom State and its incidence has been on the increase. This scourge has been found to have more biting effect in the rural areas where the bulk of Akwa Ibom people live. World Bank (2019) reported that distribution of poverty in Nigeria revealed that poverty is highest in rural areas of Akwa Ibom state.





Even world bank can attest.

Kudos to una.. but I am the number kids Educational Tablets seller. In the world .. Get your kids Educational tablets today let your kids learn as they play during this lockdown.

Akwa Ibom State Reports Highest Unemployment Rate of 37.7% in Q3 2018 - NBS

Summary
This report presents the state breakdown of the results of the Labour Force Survey earlier publsihed by the National Bureau of Statistics.

Unemployment and Underemployment rates vary across states according to the nature of economic activity predominant in each State. States with higher focus on seasonal agriculture tend to have higher rates of underemployment compared to unemployment. This may swing from high full-time employment during periods of planting and harvest, when they are fully engaged on their farms, to periods of high underemployment and even unemployment at other periods in between.


States with a higher propensity for women to be housewives or stay home husbands or that havenegative attitudes to working tend to have lower unemployment rates, as they are not considered part of the labor force in the first place, and as such have no bearing on the rate of unemployment. (You have to be within the labor force to be employed, underemployed and unemployed and you are ot part of the labor force if you are not looking for work even if you dont work). Such States tend to have a higher proportion of their economically active populations (those aged 15 – 64) outside the labor force, thereby reducing the number available and looking for work, and the number that can be unemployed or underemployed.


State unemployment is a “moment-in-time” index only and can change quite quickly. It is therefore, advisable to be cautious in comparing trends, particularly amongst States, because of the ease of movement across State borders, as job seekers search for employment or economic opportunities in other states. Favourable conditions in one state may lead to an influx of jobseekers in that state and in the process increasing unemployment in the perfoming state, while reducing the unemployment rate in the originating state. This may give a false impression that the state with the lower unemployment rate is perfoming better.


In Q3 2018, Akwa Ibom state reported the highest unemployment rate (37.7%).

When states are talking forest dwellers of Akwa Ibom too want to make noise




Between Q3 2017 and Q3 2018, only 8 States recorded a reduction in their unemployment rates despite an increase in the national unemployment rate. They include: Enugu, Imo, Kaduna, Kogi, Lagos, Nasarawa, Ondo and Rivers. The same states recorded reduction in their combined unemployment and underemployment rates.


The 6 States that recorded the highest gains in net full time employment between Q3 2017 and Q2 2018 include Lagos adding 740,146 net full time jobs, Rivers (235,438), Imo(197,147), Ondo (142,514), Enugu (122,333), Kaduna (118,929)