The study examined ‘Forest Resources Extraction, Indigenous Livelihood and Sustainability Dilemma in Tropical Africa: Case Study of Akwa Ibom State’ in a bid to restore the forestry sector that is threatened by an alarming rate of deforestation, urban expansion, over-population and high demand for forest based products. 400 copies of questionnaires were administered to respondents in the study area who were farmers, fish processors, canoe builders, fuel wood dealers, timber dealers and furniture designers. Questionnaires as well as semi-structured interviews were used in the study for data analysis. Following the interview done as well as the results of questionnaires retrieved from the study area, it was realized that though forest resource extraction was laced with sufficient economic benefits, yet little efforts were made towards re-afforestation and this challenge the sustainability of the forestry sector in the entire state. At field reconnaissance, illegal logging as well as conversion of forested landscape into peasant farmlands/plantation was spotted. Nevertheless, the study recommended that there should be improved legislation in the forestry sector, provision of alternative job to reduce dependence on forest based services, selective logging and primarily mass campaign on re-afforestation in order to stabilize the ecosystem and protect inter-generational utilization of forest-based products.