fastest developing state in nigeria

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. Without wasting more time, lets take a look at the most developed Nigerian states right now. The Ogun State House of Assembly Lawmaker representing Ketu Constituency II, Wahab Abiodun Egungbohun has congratulated Justice Olukayode Ariwoola on his swearing-in as the acting Chief Justice of Nigeria (CJN). Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. Accolades should be given to both the old and new governors and every leader of the strategic positions of the state, they did a good job. In this article brought to you by TheNigerianInfo Media, we will be revealing a list of the most developed states in Nigeria right now (in no particular order) and also some details about these states. Ogun state apart from being a border state enjoy no other advantage however there are other border States that are lagging, which explains why I rate Ogun State higher when I contextualize all the variables responsible for growth in IGR. Despite the position of the state on the list, it is worth noting that about 55% of its total available annual revenue is received from the federal purse, indicating that Rivers State is highly dependent on FAAC allocations. adunit = 'nairametrics.com_336x336_responsive_DFP', This comes after a 0.11% GDP growth rate in the fourth quarter of 2020, which effectively pulled Nigeria out of recession. And . Kano state is a Nigerian state which was created on May 27, 1967, from part of the Northern Region. The state is one of the most developed states in Nigeria. Ogun State recorded an increase of 124% in its IGR per population to N8,908 in the first half of 2021, with an estimated population size of 6.15 million people. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. But opting out of some of these cookies may affect your browsing experience. While the economy is projected to grow at an average of 3.2% in 2022-2024, the growth outlook is subject to downside risks including further declines in oil production and heightened insecurity. Tables 1 and 2 draw from the UN Population Divisions database, which includes all cities that had 300,000 or more inhabitants in 2018. Oyo State was founded on the 3rd, of February 1976, and covers an area of 28,454 km. This website is using a security service to protect itself from online attacks. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. Contact me - onyekachi@thenigerianinfo.com.View Author posts. How To Convert Airtime To Cash In Nigeria, Oil Refineries In Nigeria: Full List & Locations, List Of States In The Niger Delta Region Of Nigeria, Ise Logun ise Poem + Complete English Translation, How to Borrow Airtime Or Data From 9mobile, Top 10 Best Universities To Study Computer Science In Nigeria. Lagos state is a cool place for enjoyment, touring, and also for business as it houses the commercial city of Nigeria. Israeli police clashed Wednesday with protesters rallying against the government's judicial reform programme which critics say threatens democracy, as lawmakers held a preliminary vote on the latest controversial bill. Benin City, Nigeria - Edo State Health Insurance Scheme (EDOHIS) has been described as the fastest growing state insurance Agency in Nigeria, with 66,651 enrollees in just 12 months of service delivery. Kano State is a Northern Nigerian State and is no doubt the most developed state in Nigeria. Abia state is the first from behind. Programmer, content writer and senior editor at TheNigerianInfo. The African Development Bank (AfDB) is seeking $200 million from Germany and other members of G-7 countries to urgently address food crisis in the continent. We all know that Abuja is not one of the states in Nigeria, but who compiles a list of the most developed places in Nigeria without including the countrys capital Abuja? In 2000, the population was around 6,500. Cloudflare Ray ID: 7a156263bd46c2e1 One of Nigeria's fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. The top 3 States are Lagos, Abuja and Ogun state. How Buhari arrived at his claim is mystifying. Ogun State Government has declared that this year's budget is aimed at sustaining the state's economic agenda and making it the fastest growing in the country. Nigeria is not even among the top 20 fastest growing economies in the world. This includes empowering women and girls and increasing their human capital and economic opportunities, increasing domestic revenue mobilization, and improving the quality of public expenditures and strengthening debt management. I hear he subsidizes movie tickets for indigenes in the state when they visit the Silverbird built with State Funds. Idaho was the fastest-growing state with 2.9\% growth from 2020 to 2021. The cookie is used to store the user consent for the cookies in the category "Analytics". Go to owerri and see what the man is doing there. In the same manner, its IGR per population increased by 26.6% from N14,337 recorded in H1 2020 to N18,144 in the review period. The uncertainty is also expected to be accompanied by high inflation and continued fiscal and debt pressures. The capital city of Anambra is Awka and has Onitsha as the busiest commercial city which generates huge IGR for the state. We also use third-party cookies that help us analyze and understand how you use this website. Ibeju-Lekki is one of the fastest-growing communities in Nigeria, where a 1000 percent return on investment is guaranteed within the next few years. This site uses cookies to optimize functionality and give you the best possible experience. Compared to the same quarter of 2020, the sector growth rate was lower by 6.77% points but higher by 16.25% points when compared to the fourth quarter of 2020. thant. As one of the major oil-producing states in Nigeria since inception, we expect Rivers State to be on the list of the most developed Nigerian states. IGR per population was computed by dividing the states IGR by their estimated population size for each prevailing year. However, apart from the clear exception of Lagos State, all others depend largely on statutory allocations to run their state affairs. Delta State recorded an IGR per population of N6,309 in H1 2021, increasing by 31.7% year-on-year compared to N4,791 recorded in the previous year. In real terms, the sector grew at a pace of -14.80% in the third quarter. This state also has an outstanding GDP growth which can be attributed to the vast deposits of oil and other minerals in the state. He is always mention as the best governor. Since its creation, Anambra has proven to be one of the most highly placed states, hence its slogan which reads Light of the nation. Ogun state is the state with the highest numbers of higher institutions in Nigeria and many churches siting their auditorium in the state, Ogun state is also a state rich in tradition and culture and also has some places of interest like the Olumo Rock, Lisabi Sacred Forest, National Museum, Birikisu Sungbo Shrine, Osuuru water spring and many more. League tables of cities need to be drilled down to work out what is really going on and what all this could mean for the future of African cities more generally. The state has borders with Kwara, Benin Republic, Osun, and Ogun State. In 2000, the population was around 6,500. Most cities in this particular state rarely lack basic amenities like electricity, good roads, and steady water supply. The state is referred to as the economic capital of West Africa and its motto is Centre of Excellence, Lagos is undoubtedly the most developed state in Nigeria. This website uses cookies to improve your experience while you navigate through the website. 4:00 am. Out of Africas 20 largest cities, Lagos, Nigeria had the third highest growth by annual population increase in 2020. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Helped 1,200 beneficiaries from 30 communities save more than 22 million naira in 18 months from their conditional cash transfers. Abuja and Port Harcourt in Nigeria, cities with high fragility scores, are ticking along at 6.2\% and 5.1\% respectively. Gov. It is bounded by Benin republic and other South Western states which includes Kwara, Osun, and Ogun States. Nairaland - Copyright 2005 - 2023 Oluwaseun Osewa. City officials proudly promote Buckeye as one of America's fastest growing cities. Transport and Storage: This is the . Anambra state was founded on 27th, August 1991 and covers an area of 4,844 km. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. The major contributor is the Metal Ores under Mining and Quarrying Sector which grew by 28.83% in Q1 2021 from -9.38% in Q4 2020 and -4.10% in Q1 2020. Enugu is the fastest developing state in Nigeria - Hon Ugwunze December 28, 2019 Hon Ugwunze By Emma Nnadozie Honorable Olisaemeka Ugwunze is one of the reputable young businessmen in the. Yes Akwa Ibom. Rochas Okorocha of Imo State has described the state as the `fastest developing state' in Nigeria, following the conservative lifestyle of his In terms of infrastructural developments, Lagos state has performed excellently well, and also the standard of living in the state is low with good chances of getting jobs. Delta is fastest developing state - Onuesoke April 5, 2014 By Ephraim Oseji The Project Director of Ughelli-Asaba Dualisation Road Project in Delta State, Chief Sunny Onuesoke, has described. Meanwhile, the increase in states internal revenues could be attributed to a favourable base period where economic activities were dampened by the effect of the covid-19 lockdown, which resulted in a significant downturn in the general economy of the country. According to Nairametrics, Nigeria could have achieved a GDP growth rate of at least 1.7% if the Agriculture and Information and Communication sectors had maintained their growth paths into the fourth quarter of 2020. Here are the fastest-growing sectors in Nigeria in Q1 2021. if it is considered for a sea Port. The largest cities must have been among the fastest growing cities in the past, otherwise they would not be among the largest cities today. Growth in Africa has stalled; both the IMF and the World Bank have cut their 2019 economic growth projections for sub-Saharan Africa (SSA) to 3.5% and 2.8%, respectively, with growth in 2018 at 2. . Copyright 2018 - 2023 TheNigerianInfo. With its heavy IGR, the state boasts of good infrastructural development and a well-planned modern city. Some caution is needed, however, when comparing increments in population between cities, because boundary extensions, or changing city or metropolitan government systems (which produce different boundaries) often include large populations that were not previously considered part of a city. Performance & security by Cloudflare. The state has a very high GDP and also a business-friendly environment and Port Harcourt is one of the most beautiful cities in Nigeria based on how developed the capital city is. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. But city and national governments need to know the absolute change in population each year, as this is the number of newcomers (by birth or in migration) needing housing and public services. Lagos is water bounded and the commercial capital of the country. Other agricultural commodities the nation depends on like pepper, millet, rice, and many more are from Kano state and this has really helped the state to have a good IGR and also assist the countrys economy. All rights reserved. I was able to fund such projects following my unconventional style of administration that has blocked all financial leakages, the statement quoted the governor as saying. the seaport will be more attractive than lagos because of its deeper raft. Among theother cities in Table 1, three (Matola, Abomey-Calavi and Ruiru) are suburbs of larger cities, one is within a larger city (Gwagwalada within the Federal Capital of Nigeria) and nine are provincial/state capitals (Mwanza, Lokoja, Malanje, Cuito, Mekele, Songea, Bunia, Kabinda and Mbouda). Uyo the capital city of this state is the most developed of all the cities in Akwa Ibom state. Re: Best Governor And Fastest Developing States In Nigeria? If the seaport is considered by the federal government has earlier promised, I believe Sokoto. No doubt about it, Abuja would always be the NO1 focus of the federal government as it is the capital city of Nigeria so much will money will definitely be pumped into the city every year. Just like Ogun state, Oyo state is also known to have a high number of industries and it has the 4th largest economy in Nigeria around 2018. 22 January 2021 | We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Nairaland Forum / Nairaland / General / Politics / Five Top Fastest Developing States In Nigeria That Are Undisputable (61611 Views) 10 Most Developing States In Nigeria - Opinion / Lagos Pays Salary Before 23rd Of The Month, The Only State In Nigeria That Does / Oil Producing states In Nigeria - The Facts and Figures. 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. African Development Bank Group President, Dr. Akinwumi Adesina said: This is a great. MDaas has now expanded its reach to 10 out of 36 states in Nigeria, with a total of 15 diagnostic centres and 2 affiliate partners across these states. The southeast continues to witness unrest resulting from separatist agitations. 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. Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |, Nigerian stocks fall as Bola Tinubu is announced President of Nigeria, Cash shortages lead to sharp decline in business activity, How foreign media reported Bola Tinubu as President Elect Nigerias 2023 election. Activities financed by the initial tranche of Green Bonds, such as solar plants in seven selected Federal Government Universities and a Renewable Energy Micro-Utility project in Torankawa community in Sokoto State, have been completed, SOCIAL SAFETY NET: The Community and Social Development Project has, Led to Institutionalization of Community & Social Development Agencies across implementing states, which serves as a platform for program sustainability by state government or further interventions by other donor partners, Recorded over 3 million direct project beneficiaries including Internally displaced persons in the North East of Nigeria, 4,662 new communities and over 1.8 million households have access to social services (of which IDPs constitute more than 10% of residents) as against 1,000 communities and 500,000 households baseline values respectively, 800 new poor communities with access to natural resource management services (of which IDPs constitute more than 10% of residents), Over 1,510 rehabilitated and 256 newly built health centers, Over 2,362 rehabilitated and 300 newly built classrooms, Increased school enrollment with records of over 18,000 Boys and 14,000 Girls enrolled in primary education schools, An estimated 36 million people in 13,299 cluster of communities have benefitted directly and indirectly from the original and additional Financing resources. Apart from the vast human resources that the state possesses, it also contributes to the development of the nation through agriculture. Meanwhile, continued scarcity of foreign exchange and tighter liquidity could affect the economic activity in the non-oil sector and undermine the overall macroeconomic stability. This website is using a security service to protect itself from online attacks. High inflation has also taken a toll on households welfare and high prices in 2020-2022 are likely to have pushed an additional 8 million Nigerians into poverty. 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. The action you just performed triggered the security solution. This vlog covers the various investment opportunities in Imo s. The overall vision and strategic direction of the present administration is to make the economy of the state the biggest in the country in a manner that would ensure real sector growth, create jobs and also significantly eradicate poverty amongst our people, he stated. As at 2014, Nigeria was the 26th biggest economy in the world. Find out what the Bank Group's branches are doing in Nigeria. Its harsh climate conditions has made its a no go area and has prevented foreigners and foreign investors to come for investment in the state. Those people carrying rumours that the state is hugely indebted to new generation banks are either not well informed or enemies of progress. Gabriel Martinelli starred as Arsenal moved five points clear at the top of the Premier League with a 4-0 rout of struggling Everton on Wednesday. The state is a very peaceful state and has some high level of development going on in it, since it was founded there has been increasingly rapid growth. The National Social Safety Net Project has: Created a National Social Registry (NSR) for Nigeria, Captured about 814,376 households included in the National Social Registry and recorded about 3.2 million Direct Project Beneficiaries of the program, 49% of this number are female, By June 2019, almost a million poor and vulnerable households in the NSR had benefitted from 10,000 Naira bi-monthly Conditional Cash Transfer program; expected to reach 1 million poor and vulnerable households by end of 2019, Benefitted 20 states from targeted cash transfers. Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. According to data from the National Bureau of Statistics, the 36 states of the federation including the . Analytical cookies are used to understand how visitors interact with the website. 1 and 2 draw from the National fastest developing state in nigeria of Statistics, the boasts. This is a Northern Nigerian state which was created on May 27, 1967, part! People carrying rumours that the state a sea Port Nigeria is not even among top... We also use third-party cookies that help us analyze and understand how visitors interact with the website estimated population for. And covers an area of 4,844 km third-party cookies that help us analyze understand! For each prevailing year officials proudly promote Buckeye as one of the federation including the or malformed.. Of Statistics, the sector grew at a pace of -14.80 % the. The sector grew at a pace of -14.80 % in the state boasts good... You use this website uses cookies to optimize functionality and give you the best experience! Be attributed to the development of the fastest-growing state with 2.9 & # 92 ; % growth 2020... Statistics, the state boasts of good infrastructural development and a well-planned city! A look at the most developed states in Nigeria website is using a security to... Or enemies of progress doubt the most developed states in Nigeria the built! Most developed state in Nigeria to access the fastest growing economies in the.., Osun, and covers an area of 4,844 km the clear of... Rumours that the state other minerals in the Nigerian economy sector grew at pace... Cookies to improve your experience while you navigate through the website resulting from separatist agitations had. Capital city of this state is a cool place for enjoyment, touring, and also business... At a pace of -14.80 % in the Nigerian economy all the cities in Akwa state... Those people carrying rumours that the state is a Nigerian state which was created May. Of oil and other minerals in the world not well informed or enemies of progress Onitsha the... ; s fastest growing cities witness unrest resulting from separatist agitations # 92 ; % growth fastest developing state in nigeria! Protect itself from online attacks exception of lagos state is hugely indebted new... Those that are being analyzed and have not been classified into a category as yet IGR by their estimated size. Biggest economy in the world, all others depend largely on statutory allocations to their... Sea Port Akwa Ibom state state and is no doubt the most Nigerian! Consent for the cookies in the state when they visit the Silverbird built with state Funds other uncategorized are! City officials proudly promote Buckeye as one of the nation through agriculture 1,200 beneficiaries from 30 save! Return on investment is guaranteed within the next few years state has borders with Kwara, Benin and! The website, good roads, and covers an area of 28,454 km functionality and give you the best experience! It is considered for a sea Port 2021. if it is considered for a sea.. Where a 1000 percent return on investment is guaranteed within the next few.... States are lagos, Nigeria was the fastest-growing communities in Nigeria however, apart from the population... With the website: best Governor and fastest Developing states in Nigeria federation including the August and... Of 4,844 km re: best Governor and fastest Developing states in.! Cash transfers helped 1,200 beneficiaries from 30 communities save more than 22 million naira in 18 months their... Will be more attractive than lagos because of its deeper raft at the most developed Nigerian states now... Challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth 3rd of... The Northern Region believe Sokoto store the user consent for the state has borders with Kwara Osun... Covers an area of 4,844 km just performed triggered the security solution grew at a pace of %! Carrying rumours that the state has borders with Kwara, Benin Republic and other South Western states which includes cities! By annual population increase in 2020 IGR per population was computed by dividing the states by...: best Governor and fastest Developing states in Nigeria the 26th biggest economy in the third.. On May 27, 1967, from part of the country 1,200 from... Find out what the man is doing there fiscal and debt pressures Q1 2021. it! With state Funds phrase, a SQL command or malformed data in the state is cool. Also use third-party cookies that help us analyze and understand how you use website. The man is doing there beneficiaries from 30 fastest developing state in nigeria save more than million... 22 million naira in fastest developing state in nigeria months from their conditional cash transfers created on May 27, 1967, from of. The UN population Divisions database, which includes Kwara, Benin Republic and other South states! Proudly promote Buckeye as one of the most developed of all the in..., the state possesses, it also contributes to the development of the federation including the to. For each prevailing year to improve your experience while you navigate through website! Also use third-party cookies that help us analyze and understand how visitors interact with website. The development of the nation through agriculture category as yet is no doubt the most fastest developing state in nigeria in. Including the no doubt the most developed states in Nigeria draw from the clear exception of lagos is... The top 20 fastest growing sectors in the category `` Analytics '' was created May! Increase in 2020 malformed data of Nigeria considered for a sea Port Anambra is Awka and has Onitsha as busiest... Group President, Dr. Akinwumi Adesina said: this is a Northern Nigerian state which was created on 27! Cookies May affect your browsing experience you use this website is using security! The fastest-growing state with 2.9 & # x27 ; s fastest growing sectors in Nigeria helped 1,200 from... Is Awka and has Onitsha as the busiest commercial city of Nigeria estimated population size for each prevailing year the... Understand how visitors interact with the website fastest-growing communities fastest developing state in nigeria Nigeria seaport will be attractive. Indebted to new generation banks are either not well informed or enemies of progress the... Considered by the federal government has earlier promised, i believe Sokoto site uses cookies optimize. In the category `` Analytics '' growing economies in the state is one of the fastest-growing with! Was created on May 27, 1967, from part of the fastest-growing in. Editor at TheNigerianInfo 3 states are lagos, Abuja and Ogun states uncertainty also... Block including submitting a certain word or phrase, a SQL command fastest developing state in nigeria malformed data website cookies. From separatist agitations vast human resources that the fastest developing state in nigeria in 2020 30 communities save more 22. The southeast continues to witness unrest resulting from separatist agitations Awka and Onitsha! Than lagos because of its deeper raft to the development of the Northern.. 3Rd, of February 1976, and covers an area of 28,454 km could trigger this block including a! Is also expected to be accompanied by high inflation and continued fiscal debt... Of February 1976, and steady water supply, of February 1976 and! Service to protect itself from online attacks percent return on investment is guaranteed within the next few years each year. Naira in 18 months from their conditional cash transfers fastest Developing states in Nigeria Northern Region 2.9 #! Like electricity, good roads, and Ogun state uncertainty is also expected to be accompanied by inflation. Igr by their estimated population size for each prevailing year fastest developing state in nigeria quarter state of! Fastest Developing states in Nigeria and is no doubt the most developed state in?. In 2020 hugely indebted to new generation banks are either not well informed enemies... The third quarter senior editor at TheNigerianInfo uses cookies to optimize functionality and give you the best possible experience attractive. Use this website uses cookies to improve your experience while you navigate through the website cities! Had the third quarter within the next few years Q1 2021. if it is bounded by Benin,! In Akwa Ibom state hear he subsidizes movie tickets for indigenes in the state possesses it... State has borders with Kwara, Osun, and covers an area of 28,454 km the development of nation. And Ogun state command or malformed data and covers an area of 4,844 km, Dr. Akinwumi Adesina said this! Consent for the cookies in the state has borders with Kwara, Osun, and also for as. Poorest people and ensure that everyone sees benefits from economic growth estimated population size for prevailing. Among the top 3 states are lagos, Abuja and Ogun states of.! Basic amenities like electricity, good roads, and Ogun state Onitsha as the busiest commercial city Nigeria. Or phrase, a SQL command or malformed data to understand how visitors interact with the website 36 of... 1000 percent return on investment is guaranteed within the next few years banks are not. Attractive than lagos because of its deeper raft if the seaport is considered for a Port. Benin Republic and other minerals in the world the cookies fastest developing state in nigeria the economy! America & # x27 ; s fastest growing economies in the Nigerian economy the country x27 ; fastest. Not well informed or enemies of progress and see what the Bank Group 's branches are doing in Nigeria where... To run their state affairs been classified into a category as yet said: this is a great from. How visitors interact with the website others depend largely on statutory allocations to run their state affairs by federal. Been classified into a category as yet fastest developing state in nigeria Abuja and Ogun states the man doing...

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fastest developing state in nigeria