The study evaluates economic analysis of cassava production in Eket local government area of
Akwa Ibom state of Nigeria. Data were collected by the use of multistage random sampling with
the help of well structured questionnaire and interview schedule. Descriptive statistics were
employed to analyze the socio-economic data, and result reveals that 60% of the farmers were
female with little or no formal education the result also shows that 85% of the farmland is
inherited and their investment capital is from personal savings. Gross Margin analysis was used
to analyzed the cost and return data, the result reveals that for a hectare of sole cassava the
gross margin was #141,950.00 giving a cost benefit ratio of #1.90; #1.00, this shows that for
every #1.00 spent there is a corresponding profit of 90kobo. Nevertheless there was inefficient
utilization of resources, from the findings there is need for the farmers in the study area to
improve on resource allocation and these can be achieved through adequate training and
educating the farmers on proper resource allocation so as to achieve the needed optimality.