The Economy

[continued]
The State Government is pursuing its industrialization and privatization program through the Akwa Ibom Investment and Industrial Promotion Council, AKIIPOC. Through AKIIPOC, a number of interests have been secured as strategic partners and core investors in reviving these industries. The Plasto Crown Industries has been revived and is back on stream, producing crown corks for domestic and industrial uses.

A core investor has been secured for the Champion Breweries, Uyo. An interim board has been put in place to direct efforts at early resumption of operations. AKIIPOC is discussing with other investors from across the world in participating the revival of other companies.

Other industries in the state include Ebughu Fishing Terminal, Mbo, Akwa Rubber Estate Limited, Itu, and Akwa Feeds Limited, Uyo. There are two Federal Government industries, the Aluminum Smelter Company, ALSCON, at Ikot Abasi and the Nigerian Newsprint Manufacturing Company, NNMC, Oku Iboku.

There are a number of oil companies operating in the state. Ibeno is the operational headquarters of Exxon-Mobil. Shell, Elf and Chevron are here along with the leading oil services company like Daewoo and Costain.

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Together we Shall Prosper

His Excellency, Barr. Godswill Obot Akpabio

The Executive Governor of Akwa Ibom State

 

It is with utmost gratitude to God and immeasurable joy that I stand before you today as your Executive Governor. On behalf of my wife, your first lady; my entire family, my deputy and his dear wife, I thank you, my people, for voting en masse for PDP in the general elections of April 14 and 21/26/2007. I salute your maturity, courage and peaceful disposition during and after the elections. I salute you for reposing your confidence in me right from the primaries of December 14, 2006 and bringing it to a climax on April 14, 2007. I assure you that your decision shall never be in vain. Today, we celebrate our self-worth as a people and our ability to strengthen democratic ideals by voting according to our conscience. We have taken the right step in our march towards a glorious future.

 

Fellow citizens, this is a new era signifying a renewal and symbolizing an end as well as a beginning. Above all, we are witnessing, not just the beginning of another chapter of history but beholding the actualization of God’s will in Akwa Ibom State. 

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