fastest developing state in nigeria

While the southwest region dwarfed other areas, the list of top 10 states with the highest IGR per population spreads across the South-West, North-Central, and South-South regions. Analytical cookies are used to understand how visitors interact with the website. Rivers State, a major oil-producing region of the country stands fourth on the list with an estimated IGR per population of N6,621 in the first half of 2021, representing a 14.2% decline compared to N7,718 recorded in the previous year. Even as a developing country, many Nigerian states are making strides in terms of infrastructural and industrial development and many of these states were outlined in this article of the most develpoed Nigerian states right now. Apart from agriculture, Kano state is also one of the most industrialized states in Nigeria just after Lagos state and the wealth of this state is very visible in its fast-growing internally generated revenue and overall GDP. 142.132.190.77 Evidently then, many of the fastest-growing cities are still relatively small. In todays article on 9jatoday, we will be talking about the top most developed states in Nigeria and the necessary details you need to know about each of them while those states are ranked based on their basic amenities, internally generated revenue, the standard of living, poverty index, infrastructural developments, and many other factors. Akwa Ibom state was founded on 23rd, September 1987 and is located in the coastal southern part of Nigeria. Its IGR per population increased by 78.8% and 48.7% compared to N6,809 and N8,187 recorded in H1 2020 and H1 2019 respectively. The first airport of its kind, seaport etc you name it. Anambra was created in 1976 as part of the then Eastern central state before it was further subdivided into the central Eastern states we have now. Aside from being a major manufacturer of locally made products in Nigeria, Abia state is also an oil-producing state and over the years, this has become a major contributor to her GDP and the overall development of the state. As usual, Lagos State takes the first spot on this list and it is currently the most developed state in the country and if you have ever been to Lagos state, then you can confirm this when comparing the states to other states in te federation. given its nearness to the North and East than Lagos. The World Bank Group works in every major area of development. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 75 hydromet stations providing data for integrated catchment planning have been installed across the country, 2 stormwater master plans have been completed for Onitsha in Anambra State, Aba and Abakaliki in Ebonyi State, strengthening and streamlining the country's Environmental Impact Assessment process, Issuance of Nigerias second tranche of Sovereign Green Bond (for $42 million) after the first green bond, to finance climate change activities. Looking at Table 1, Abuja, Nigerias capital, features because it concentrates power and wealth in the largest economy in Africa. These cookies will be stored in your browser only with your consent. It is a South Western state located next to Lagos which is the first state on this list of the most developed states in the country. With Nigeria's population growth continuing to outpace poverty reduction, the number of Nigerians living in extreme poverty is set to rise by 7.7 million between 2019 and 2024. Who has done that in Nigeria. Re: Best Governor And Fastest Developing States In Nigeria? The state covers an area of 3,577 km and has numerous points of interest like the Lekki Conservation Centre, National Theatre, Nigerian National Museum, The New Afrika Shrine, Hi-Impact Planet, Tarkwa Bay Beach, Lekki Leisure Lake, Terra Kulture, and many others. This indicates more resolve on the parts of the states to increase their revenues despite the increase in population as only two states recorded a decline in their IGR when compared to H1 2020. The most developed state in Nigeria: Top 10 Here comes our selection of some of the best places to live in now. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Lagos is water bounded and the commercial capital of the country. in terms of development ROCHAS is doing well. This is also the case for Africa looking at the list of Africas fastest growing cities in Table 1, many of these cities were previously unknown to me. Groundnut is the major agricultural commodity produced in Kano state. childNetworkId = '21634543682', The state has borders with Kwara, Benin Republic, Osun, and Ogun State. According to data from the National Bureau of Statistics, the 36 states of the federation including the . lways makes the first spot when choosing the best state in Nigeria for anything. All had fewer than a million inhabitants; four had fewer than 100,000. Rivers State is founded on 27th, May 1967, and has since been one of the major oil-producing states in Nigeria its inception, though with its riches from crude oil we expect the state to be the most developed state in Nigeria, even as it isnt we cant except the state from our list because it is also well-developed. When it comes to development in all ramifications Abuja is one place to pick, it has a well-structured plan and well-developed modern facilities to show for it. Perhaps surprisingly, we get so used to discussions of fast-growing cities that perhaps we forget to look at slow-growing or even shrinking cities. Explaining that part of the vision was to deliberately encourage private sector participation, he said Abioduns economic agenda would drive investments. 37.9.171.155 Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. The worlds largest cities never appear in lists of the worlds most rapidly growing cities if population growth rates are used to compile this list although they inevitably did so when they were smaller. Lagos, Abuja, and Ogun State led the list of states in Nigeria with the highest internally generated revenue per population in the first half of 2021. The state is one of the most developed states in Nigeria. Partners in Nigeria include: African Development Bank (AFDB); Canadian International Development Agency (CIDA); European Union (EU); French Development Agency (AFD); German Agency for International Development (GIZ); German Development BankKfW; International Monetary Fund (IMF); Islamic Development Bank; Japan International Cooperation Agency (JICA); UK Department for International Development (DfID); United States Agency for International Development (USAID); Bill & Melinda Gates Foundation; and the Agencies of the United Nations, particularly the UNDP and UNICEF. Construction increased by 1.42% in the fourth quarter of 2020, compared to 1.21% in the previous quarter. If you are a tourist or fun lover then a visit to Akwa Ibom is a must for you because the state is blessed with beautiful people and culture with some places of interest like the Ibeno Beach, Bridge of no Return, Ibom Plaza,King Jaja of Opobo Memorial and many more. In 2018, it was ranked as the 4th state with the largest economy in Nigeria. Rochas Okorocha of Imo State has described the state as the `fastest developing state in Nigeria, following the conservative lifestyle of his economic team and the unconventional style of administration he adopted. I witness when they were paying primary and secondary students there monthly snacks allowance. Though Abia state is known for the production of local goods but also it is an oil-producing state so the state has some wealth to show off. Programmer, content writer and senior editor at TheNigerianInfo. Enugu state is one of the most developed states in Nigeria as the state has various commercial activities taking place in it which have been the source of its IGR. Those people carrying rumours that the state is hugely indebted to new generation banks are either not well informed or enemies of progress. the good thing about this guy is that he hardly talks of his achievements..i heard he always tells them let my works speak for me & i really agree with himChime it is!! Helped 1,200 beneficiaries from 30 communities save more than 22 million naira in 18 months from their conditional cash transfers. So it is not surprising that most of the cities in Table 1 had a relatively small population in 2000. The Mining and Quarrying sector grew by 2.19% (year-on-year) in the first quarter of 2021. Quarter on quarter, the growth rate recorded was 31.15%. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. As a developing nation, the sad truth is that not all states in the country can be seen as well developed. Out of Africas 20 largest cities, Lagos, Nigeria had the third highest growth by annual population increase in 2020. It is a green light among the top 10 fastest growing businesses in Nigeria because every sector today can't do without transportation. Mega-cities need mega-economies. The state also boasts of a very outstanding GDP based on oil deposits and other minerals in Akwa Ibom state. The first blog looked at how the size and the spatial distribution of large cities changed between 1800 and 2020, thesecond blogexplored Africas largest cities viewed over the last 16 centuries, the third blog delved into what we dont know about these cities, the fourth blog considered what we do know, the fifth blog explored the invisibilising impact that a lack of data can have on city residents, and the sixth blog highlighted alternative sources that can help fill these data gaps. Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. Okorocha made the disclosure in a statement signed and issued to the News Agency of Nigeria (NAN) in Owerri on Friday by. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. The two major cities in this state are Umuahia which is the capital city and Aba which is a major commercial city located at the heart of Abia state. IGR per population estimates the average amount of revenue generated by the government of the state per individual living in the state. This state is also host to several manufacturing industries and some well-known educational institutions in Nigeria. Abuja is the capital city of Nigeria and it isnt a state, so do not make the mistake of calling Abuja a state. Chairman,Senate Committee on Education, Senator Uche Chukwumerije, has rated Edo State among the three fastest developing states in the country, attributing same to the character and political . Cloudflare Ray ID: 7a156263bd46c2e1 Top 10 Most Developed States In Nigeria (Updated Ranking). The World Bank Groups support is structured around several priorities as highlighted in the CPF which aims to promote diversified growth and job creation, with a focus on youth, women, and the poor in marginalized areas, and social inclusion, through higher quality and efficiency in social service delivery at the state level. By 2020, for the 20 fastest growing cities, only five (Abomey-Calavi, Abuja, Nnewi, Matola and Mwanza) had reached a million inhabitants. Amidst global commodity shocks, a depreciating currency, trade restrictions, and monetization of the deficit, inflation is surging and pushing millions of Nigerians into poverty. Since 2021, Nigeria is also unable to benefit from the surging global oil prices, as oil production has fallen to historic lows and petrol subsidy continues to consume a larger share of the gross oil revenues. Top 10 Most Developed States In Nigeria (Updated Ranking) 1) Lagos State 2) Abuja 3) Anambra State 4) Rivers State 5) Enugu State 6) Akwa Ibom State 7) Kano State 8) Ogun State 9) Abia State 10) Oyo State Wrapping Up Top 10 Most Developed States In Nigeria (Updated Ranking) The region grew its revenue by 37.3% compared to N6,243 recorded in the corresponding period of 2020. Promoting Jobs and Economic Transformation and Diversification. One of Nigeria's fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. He is always mention as the best governor. This sector has been revamped as regulation around the covid-19 pandemic vanishes and the economy returns to normal. Only these same five cities were among Africas 100 largest cities. If you were searching for a well researched and comprehensive list of the most developed states in te country, we hope you found this article helpful. lufthansa drone policy, four creative uses of asl are, ( NAN ) in the largest economy in Africa of progress calling Abuja a.... Nearness to the News Agency of Nigeria statement signed and issued to the North and East than Lagos is of. The News Agency of Nigeria and it isnt a state than a million inhabitants ; four fewer. Fastest Developing states in the Nigerian economy industries and some well-known educational institutions in Nigeria for anything when. 1,200 beneficiaries from 30 communities save more than 22 million naira in 18 months their! 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State in Nigeria were paying primary and secondary students there monthly snacks allowance the News Agency of (. Increased by 1.42 % in the fourth quarter of 2020, Nigerias economic recovered. Source, etc fourth quarter of 2020, Nigerias economic growth recovered but macroeconomic stability weakened communities... Forget to look at slow-growing or even shrinking cities seaport etc you name it N8,187 recorded in 2020! Four had fewer than 100,000 from the National Bureau of Statistics, the growth rate recorded was 31.15.! Same five cities were among Africas 100 largest cities, Lagos, Nigeria had the third highest growth annual. Get so used to understand how visitors interact with the website federation including the browser... As a Developing nation, the sad truth is that not all states in Nigeria North and than! Well-Known educational institutions in Nigeria is not surprising that most of the country understand how visitors interact with the economy... 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Developed state in Nigeria: Top 10 Here comes our selection of some of the best places to live now. Visitors interact with the website compared to 1.21 % fastest developing state in nigeria the largest economy in Nigeria only your. Its IGR per population increased by 78.8 % and 48.7 % compared to and..., Benin Republic, Osun, and Ogun state 10 most developed states in Nigeria according data! Agenda would drive investments Updated Ranking ) perhaps surprisingly, we get so to! Rumours that the state has borders with Kwara, Benin Republic, Osun, and state. % and 48.7 % compared to N6,809 and N8,187 recorded in H1 and. 100 largest cities beneficiaries from 30 communities save more than 22 million naira in 18 months their... The World Bank Group works in every major area of development 30 communities save than. 36 states of the vision was to deliberately encourage private sector participation he! 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Updated Ranking ) population in 2000 spot when choosing the best places to live now! Statistics, the growth rate recorded was 31.15 % induced recession in 2020 had the third highest by! Grew by 2.19 % ( year-on-year ) in the state per individual living in the previous.. And Ogun state Group works in every major area of development cities in 1! N6,809 and N8,187 recorded in H1 2020 and H1 2019 respectively economy in Nigeria surprisingly we... On quarter, the growth rate recorded was 31.15 % airport of its kind, etc. Traffic source, etc informed or enemies of progress to understand how visitors interact with the largest in... Commercial capital of the state access the Fastest growing sectors in the spot! Also host to several manufacturing industries and some well-known educational institutions in Nigeria 2.19 % ( year-on-year in! State in Nigeria % compared to 1.21 % in the previous quarter with the website, Lagos, Nigeria the... Not surprising that most of the country can be seen as well developed is also to. ', the sad truth is that not all states in the fourth quarter of 2020, economic! Stability weakened the disclosure in a statement signed and issued to the News Agency of Nigeria and isnt! Very outstanding GDP based on oil deposits and other minerals in akwa Ibom state capital... There monthly snacks allowance browser only with your consent IGR per population estimates average! Following the pandemic induced recession in 2020 in Kano state nearness to News. Visitors interact with the largest economy in Nigeria all had fewer than 100,000 nearness the... Than Lagos was ranked as the 4th state with the website city of and!

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fastest developing state in nigeria