Country Overview
- Nigeria is the most populous country in Africa
- Population is currently estimated at 145m inhabitants (2.8% growth rate)
- The population is heavily skewed towards the highly active 24 year old demographic group (64% of total population)
- Real GDP: US$127b; 6% growth rate
- GDP per Capita is at US$930
- Sovereign rating: BB- (Fitch); B+/B (S&P)
- The Country is one of the fastest growing economies in Africa
- Nigeria is the 8th largest crude oil producer in the world
- Akwa Ibom state has a land area of 6,900 sqkm
- The capital of the state is Uyo and there exist 31 local government areas
- It has the longest coastline for any state in Nigeria measuring about 129km
- Population is currently estimated at 3.9m inhabitants (2.83% growth rate)
- Has a young & vibrant demographic outlay
- The state has vast agricultural & forest resources including Oil palm, Rubber, Rice, Cocoyam, Kolanut, Cocoa, Plantain
- It also has vast deposits of industrial minerals such as Crude oil, Gas, Silica, Gold & Silver nitrate, Limestone, Gravel, Clay