The Top 10 Richest Men In Akwa Ibom State 2025 And Their Net Worth shows the most successful rich men from Nigeria’s highest oil-producing state. Godswill Akpabio tops this list with $1.3 billion. This makes him the richest man in Akwa Ibom State and one of Nigeria’s wealthiest politicians.
Akwa Ibom State is located in the South-South region of Nigeria. The state is known for being the highest oil and gas producer in the country. With its rich natural resources and strategic location, many people from Akwa Ibom have built massive wealth. These rich people have made their money through oil and gas, politics, real estate, banking, and law practice.
Quick Summary: Top 10 Richest Men in Akwa Ibom State 2025
- Godswill Akpabio – $1.3 billion (Politics, Oil & Gas, Real Estate)
- Akanimo Udofia – $1 billion (Oil & Gas Engineering, Construction)
- Udom Inoyo – $850 million (Oil & Gas, ExxonMobil Executive)
- Udo Udoma – $600 million (Law, Banking, Politics)
- Udom Emmanuel – $250 million (Banking, Politics, Real Estate)
- Victor Attah – $230 million (Architecture, Politics, Real Estate)
- Ita Enang – $300 million (Law, Politics, Real Estate)
- Bassey Albert Akpan – $200 million (Banking, Finance, Politics)
- Nsima Ekere – $180 million (Oil & Gas, Real Estate, Construction)
- Unyime Idem – $150 million (Banking, Telecommunications, Agriculture)
How We Ranked Akwa Ibom State’s Richest Men
Our ranking looks at many factors. These include business deals, oil and gas holdings, political positions, banking careers, and proven assets. We used criteria like businesses, investments, assets and personal property to judge the net worth of these rich people from Akwa Ibom state.
1. Godswill Akpabio – $1.3 Billion
Chief Godswill Obot Akpabio is the richest man in Akwa Ibom State with a net worth of $1.3 billion. He is currently the President of the Nigerian Senate, the highest legislative position in the country. Born on December 9, 1962, in Ukana, Essien Udim Local Government Area, Akpabio has held many top political positions.
Key Wins:
- Current President of the Nigerian Senate (2023-present)
- Two-term Governor of Akwa Ibom State (2007-2015)
- Former Minister of Niger Delta Affairs (2019-2022)
- Professional lawyer
Major Business Deals:
- Oil and gas sector investments
- Real estate development across Nigeria
- Telecommunications investments
- Infrastructure contracting
- Political consulting and influence
Properties & Assets:
- Extensive real estate in Abuja, Lagos, and Uyo
- Oil and gas investment stakes
- Telecommunications holdings
- Luxury properties and vehicles
- Government benefits and pensions
2025 Highlights: As Senate President, Akpabio is second in line to the Nigerian presidency. During his time as governor, he initiated the “Uncommon Transformation” agenda that changed Akwa Ibom State. He built the Godswill Akpabio International Stadium, Ibom Tropicana Entertainment Centre, and many roads.
2. Akanimo Udofia – $1 Billion
Akanimo Asuquo Udofia, fondly called “AK47,” is the second richest man in Akwa Ibom State. Born on June 18, 1969, in Afaha Offiong, Nsit Ibom LGA, he is the CEO and Managing Director of Desicon Engineering Limited. Forbes Magazine named him a billionaire in 2014.
Key Wins:
- Founder and CEO of Desicon Engineering Limited
- Forbes-recognized billionaire since 2014
- Harvard Business School graduate
- Board member of Saipem Nigeria
Major Business Deals:
- Desicon Engineering Limited (oil & gas, construction, electrical utilities)
- Operations in Nigeria, Chad, and Ghana
- Oil and gas exploration contracts worth $900 million
- Engineering, procurement, and construction services
- Technology and cost control solutions
Properties & Assets:
- Desicon corporate facilities and equipment
- Oil and gas infrastructure
- Real estate in Nigeria and Canada (Toronto-based)
- Construction machinery and assets
- International property holdings
2025 Highlights: Akanimo holds a bachelor’s degree in Business Administration from the University of Uyo and an MBA from Harvard Business School. He is not just a businessman but also a philanthropist. His company Desicon has completed contracts worth $900 million in the oil and gas sector.
3. Udom Inoyo – $850 Million
Dr. Udom Inoyo made his fortune through his career in the oil and gas industry. He served as the Executive Vice President of ExxonMobil Nigeria, one of the largest oil companies in the world. His leadership at ExxonMobil helped solidify the company’s position in Nigeria’s oil sector.
Key Wins:
- Former Executive Vice President of ExxonMobil Nigeria
- Decades of experience in oil and gas
- Active philanthropist in education
- Foundation providing scholarships and teacher training
Major Business Deals:
- ExxonMobil executive positions
- Oil and gas sector investments
- Educational philanthropy through his foundation
- Real estate investments
- Consulting services
Properties & Assets:
- Oil and gas investment stakes
- Real estate across Akwa Ibom and Nigeria
- Foundation assets and facilities
- Luxury properties
- Investment portfolios
2025 Highlights: Inoyo is deeply committed to social causes, especially in education and mentorship. His foundation focuses on improving education standards in Akwa Ibom by providing scholarships and training for teachers. His wealth is estimated at $850 million.
4. Udo Udoma – $600 Million
Senator Udo Udoma is a two-time member of the Nigerian Senate and former Minister of Budget and National Planning. Before entering politics, he was the founding partner of Udo Udoma & Belo-Osagie, one of Nigeria’s largest commercial law firms.
Key Wins:
- Co-founder of Udo Udoma & Belo-Osagie law firm
- Former Minister of Budget and National Planning (2015-2019)
- Two-term Nigerian Senator
- Former Chairman of Union Bank and United Africa Company
Major Business Deals:
- Udo Udoma & Belo-Osagie (top law firm)
- Banking sector board memberships
- Real estate investments
- Oil and gas legal consulting
- Corporate law practice
Properties & Assets:
- Law firm facilities and assets
- Banking sector shareholdings
- Real estate across Nigeria
- Corporate board positions
- Government pensions and benefits
2025 Highlights: Udo Udoma’s law firm is one of the most prestigious in Nigeria. He has served as chairman of major institutions including Union Bank of Nigeria and United Africa Company of Nigeria. His wealth comes from law practice, banking, and politics, estimated at $600 million.
5. Udom Emmanuel – $250 Million
Mr. Udom Gabriel Emmanuel served as Governor of Akwa Ibom State from 2015 to 2023. Before politics, he was a corporate guru who worked with some of the biggest firms and banks in Nigeria like Zenith Bank and defunct Diamond Bank.
Key Wins:
- Two-term Governor of Akwa Ibom State (2015-2023)
- Former CFO of Zenith Bank Plc
- Worked at Price Waterhouse Coopers (PwC)
- Chartered Institute of Taxation member
Major Business Deals:
- Banking sector executive positions
- Real estate development projects
- Oracle Business investments
- Agricultural ventures
- Political consulting
Properties & Assets:
- Real estate in Uyo, Abuja, and Lagos
- Banking sector investments
- Agricultural estates
- Luxury vehicles and properties
- Government pensions
2025 Highlights: Udom Emmanuel graduated from the University of Lagos with a degree in accounting. He started his career as a bank manager and rose to become CFO of Zenith Bank. His industrialization drive attracted many investors to Akwa Ibom. His net worth is estimated at $250 million.
6. Victor Attah – $230 Million
Obong Victor Bassey Attah is a Yale-trained architect and former Governor of Akwa Ibom State from 1999 to 2007. He is known as the “Father of Modern Akwa Ibom” because he helped design much of Uyo’s current layout.
Key Wins:
- Former Governor of Akwa Ibom State (1999-2007)
- Yale-trained architect
- Presidential candidate in 2007
- APC chieftain
Major Business Deals:
- Real estate development projects
- Architectural consulting services
- High-end housing projects like Ibom Freedom Park
- Property investments
- City planning consultancy
Properties & Assets:
- Extensive real estate portfolio
- Architectural firm assets
- Properties in major Nigerian cities
- Government pensions
- Investment holdings
2025 Highlights: As an architect, Victor Attah contributed massively to designing and planning the architectural structure of Uyo, the state capital. He ventured into real estate development after leaving office. His net worth is estimated at $230 million.
7. Ita Enang – $300 Million
Senator Ita Enang is an accomplished Nigerian politician who has represented Akwa Ibom State in both the House of Representatives and the Senate. Born on August 23, 1962, he has played major roles in Nigerian politics for over two decades.
Key Wins:
- Former Senior Special Assistant to President Buhari
- House of Representatives member (1999-2011)
- Senator for Akwa Ibom North East (2011-2015)
- Senior Advocate of Nigeria (SAN)
Major Business Deals:
- Legal practice and consulting
- Real estate investments
- Agricultural ventures
- Manufacturing investments
- Political advisory services
Properties & Assets:
- Real estate across Nigeria
- Agricultural estates
- Manufacturing facilities
- Legal practice assets
- Government pensions and benefits
2025 Highlights: Enang served as Senior Special Assistant to President Muhammadu Buhari on National Assembly Matters from 2015 to 2019. He has been a voice for Akwa Ibom at the federal level for over two decades. His estimated net worth is $300 million.
8. Bassey Albert Akpan – $200 Million
Senator Bassey Albert Akpan, also known as “OBA,” started his career in the banking sector, working with FCMB and United Bank for Africa. He served as Commissioner of Finance in Akwa Ibom State from 2007 to 2014 before entering national politics.
Key Wins:
- Current Senator representing Akwa Ibom North-East
- Former Commissioner of Finance (2007-2014)
- Banking executive background
- Young Progressives Party (YPP) leader
Major Business Deals:
- Banking sector executive positions
- Finance and investment management
- Real estate development
- Agricultural investments
- Political consulting
Properties & Assets:
- Banking sector investments
- Real estate in Akwa Ibom and Abuja
- Agricultural estates
- Investment portfolios
- Government benefits
2025 Highlights: Bassey was elected to the Senate in June 2015 and successfully secured re-election in 2019 and 2023. He is widely recognized as a prominent figure in Akwa Ibom State politics. His net worth is estimated at $200 million.
9. Nsima Ekere – $180 Million
Chief Nsima Ekere is a former Managing Director of the Niger Delta Development Commission (NDDC) and a wealthy businessman from Akwa Ibom. His wealth comes from investments in oil, real estate, and construction.
Key Wins:
- Former MD of Niger Delta Development Commission
- Gubernatorial candidate in Akwa Ibom
- Oil and gas investor
- Construction and real estate mogul
Major Business Deals:
- Oil and gas exploration and production
- Real estate development projects
- Construction businesses
- Engineering and logistics companies
- Political investments
Properties & Assets:
- Oil and gas investment stakes
- Real estate across Nigeria
- Construction equipment and facilities
- Engineering company assets
- Luxury properties
2025 Highlights: Ekere is also a notable political figure, having run for governor of Akwa Ibom. His influence in both politics and business has made him a formidable force in the state. His net worth is estimated at $180 million.
10. Unyime Idem – $150 Million
Unyime Idem is the founder of Idem’s Ultimate Ltd and Stanford Microfinance Bank. He is a House of Representatives member and an influential businessman with stakes in telecoms, oil, agriculture, and education.
Key Wins:
- Founder of Idem’s Ultimate Ltd
- Owner of Stanford Microfinance Bank
- House of Representatives member
- Chairman House Committee on Public Procurement
Major Business Deals:
- Idem’s Ultimate Ltd operations
- Stanford Microfinance Bank
- Telecommunications investments
- Oil sector holdings
- Agricultural and education ventures
Properties & Assets:
- Microfinance bank facilities
- Telecommunications infrastructure
- Oil investment stakes
- Agricultural estates
- Educational institutions
2025 Highlights: Idem has used his wealth and influence to support youth empowerment in Akwa Ibom. He is known as a philanthropic leader who combines business success with public service. His net worth is estimated at $150 million.
Wealth Distribution Trends in Akwa Ibom State
The Top 10 Richest Men In Akwa Ibom State 2025 And Their Net Worth reveals interesting patterns about wealth creation in the region. Akwa Ibom State is the highest oil-producing state in Nigeria, which has created many opportunities for wealth.
Key Observations:
- Oil and gas dominate wealth creation
- Politics has been a major pathway to riches
- Banking careers provide strong foundations
- Real estate remains a popular investment
- Law practice creates significant wealth
The combined wealth of these ten people exceeds $5 billion. This shows the massive economic potential within Akwa Ibom State, driven largely by its oil and gas resources.
Frequently Asked Questions
Godswill Akpabio is the richest man in Akwa Ibom State with a net worth of $1.3 billion. The current Senate President of Nigeria served as Governor of Akwa Ibom State from 2007 to 2015 and has investments in oil, gas, real estate, and telecommunications.
Akanimo Udofia made his fortune through Desicon Engineering Limited, a company he founded that operates in the oil and gas, construction, and electrical utilities sectors. Forbes Magazine named him a billionaire in 2014. His company has completed contracts worth $900 million.
The main wealth-making sectors include oil and gas, politics, banking, law practice, real estate, and construction. Akwa Ibom is Nigeria’s highest oil-producing state, so many wealthy people have made their money in the oil sector.
Yes, Godswill Akpabio is a billionaire with a net worth of $1.3 billion. He built his wealth through his political career, oil and gas investments, real estate holdings, and telecommunications businesses.
Akwa Ibom State is the highest oil and gas-producing state in Nigeria. This has created many opportunities for wealth in the oil sector, related businesses, and political positions that manage the state’s oil revenues.
Udom Emmanuel’s net worth is estimated at $250 million. The former governor of Akwa Ibom State made his wealth through his banking career, particularly as CFO of Zenith Bank, before entering politics.
Oil and gas-related businesses produce the most wealth in Akwa Ibom State, followed by politics, banking, and law practice. Many of the richest people combine multiple sectors for their wealth.
Conclusion: Akwa Ibom State’s Economic Leadership
The Top 10 Richest Men In Akwa Ibom State 2025 And Their Net Worth shows the remarkable success stories from Nigeria’s highest oil-producing state. From Godswill Akpabio’s $1.3 billion political and business empire to Unyime Idem’s diversified holdings, these leaders have created massive value while contributing to Nigeria’s economic development.
Akwa Ibom State’s richest people are a mix of politicians, oil tycoons, bankers, lawyers, and entrepreneurs. Each contributes to the state’s economic and social development. Their success stories show how leveraging the state’s oil wealth, combined with political influence and business skills, can create lasting fortunes.
What do you think about this ranking? Who deserves to be higher on the list? Share your thoughts about the Top 10 Richest Men In Akwa Ibom State 2025 And Their Net Worth in the comments below!
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