AGRICULTURE

Oredo LGA is endowed with fertile land, making agriculture a significant economic activity. Crops such as cassava, yam, maize, oil palm, and rubber are cultivated. The local farmers contribute to the production of food for both local consumption and commercial purposes.

COMMERCE AND TRADE

The capital city, Benin City, serves as a major commercial hub, attracting traders from neighboring states and countries. The vibrant markets, including Oba Market, Ring Road Market, and New Benin Market, play a crucial role in the economy of the LGA. Trade in textiles, foodstuffs, crafts, and other goods thrives in these markets. There are several banks, government establishments, Hotels, Restaurants, Relaxation spots. However, industries are privately owned.

OIL AND GAS

The presence of oil and gas deposits in Edo State has led to exploration activities in some parts of Oredo LGA. These activities contribute to the local economy and employment opportunities for the residents.

ART AND CRAFT

Oredo is renowned for its rich cultural heritage and skilled artisans. Traditional crafts like bronze casting, wood carving, and textile weaving are an integral part of the local economy. These crafts also attract tourists and art enthusiasts, contributing to the tourism sector.