fastest developing state in nigeria

Cloudflare Ray ID: 7a156263bd46c2e1 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. Contact me - onyekachi@thenigerianinfo.com.View Author posts. 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. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. The cookie is used to store the user consent for the cookies in the category "Other. Very large cities, with more people moving out than moving in during 2000-2020, still had large annual average increments in their populations, because of their very large size and rate of natural increase. Notwithstanding, the fact that MSMEs play a critical role in job creation and are the live wire of the Nigerian economy, they need to be encouraged to do more. As the number one manufacturing hub in Nigeria, Ogun state remains one of the go-to states in Nigeria for job seekers and fresh graduates. 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. This states Chief Economic Adviser and Commissioner for Finance, Dapo Okubadejo, made this assertion in Abeokuta, yesterday, while giving a breakdown of the 2021 budget. Cairo is an example of a city that has a relatively low population growth rate (2.2% a year over 20 years) yet a very large increment in its population. 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. We also use third-party cookies that help us analyze and understand how you use this website. It is bounded by Benin republic and other South Western states which includes Kwara, Osun, and Ogun States. The amount saved from the FADAMA enterprises was over $200,000 as at 2019, Export of over 10,000 metric tons of smoked fish and other Agric-products, 3,102 hectares received improved irrigation services through the ongoing rehabilitation of 3 dams located in Sokoto, Zamfara and Kano states under the Transforming Irrigation Management in Nigeria project. The capital city of Anambra is Awka and has Onitsha as the busiest commercial city which generates huge IGR for the state. From -2.51% in Q4 2020 to -2.31% in Q1 2021, this sector grew by 8.66 % in Q1 2021. Gov. The African Cities blog is licensed under Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0), which means you are welcome to repost this content as long as you provide full credit and a link to this original post. This place attracts millions of citizens from all over the country. 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. 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. Only these same five cities were among Africas 100 largest cities. Already, Lagos is one of the biggest cities in Africa, and one of the fastest-growing cities in the world. In the first quarter of 2021, the sector grew at a real-term pace of 6.47 % year over year. Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. The political landscape is partly dominated by the ruling All Progressives Congress party (APC) which controls the executive arm of government and holds majority seats at both the Senate and House of Representatives in parliament, and majority of the States. (60906 Views), Five Top Fastest Developing States In Nigeria That Are Undisputable / Imoke Wins Best Governor Award / Worst Governor And Slowest Developing States In Nigeria (2) (3) (4), (1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down), (1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply), FG Gives Condition To Lift Ban On Twitter / President Muhammadu Buhari Returns To Nigeria Tomorrow / Bishop Oyedepo, Atiku And Obasanjo Meet At OBJ's Residence In Abeokuta (Photos), Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10). This view was expressed in Benin City, by the Director- General of the Agency, Dr. Rock Amegor, on Wednesday during a Media Parley organized . Investing in Human Capital and harnessing Nigerias demographic dividend. Abuja, Anambra and Rivers States are in the second, third and fourth places consecutively. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The commercial centre of the country continues to contribute the giant share in terms of state internally generated revenue. This can be seen in City Populations country reports, which include all urban centres. Ondo state should probably be among the top 4 if proper measures were taken. It is glaring that the revenue generated internally by states in Nigeria is always mismanaged by the leaders and also the citizens or inhabitants of the states, hence the decline in the development of the states and Nigeria at large. 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) Lagos is water bounded and the commercial capital of the country. Mega-cities need mega-economies. 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. thant. These cookies track visitors across websites and collect information to provide customized ads. These sectors are eye candy to investors and the economic growth in them presents the following potentials: (function () { Anambra state was founded on 27th, August 1991 and covers an area of 4,844 km. One of Nigeria's fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. Abuja is one of the most beautiful and well-developed/planned cities in present-day Nigeria. Okorocha made the disclosure in a statement signed and issued to the News Agency of Nigeria (NAN) in Owerri on Friday by. 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. This state is also host to several manufacturing industries and some well-known educational institutions in Nigeria. Abia is a state located in the South-Eastern part of Nigeria. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. IGR per population estimates the average amount of revenue generated by the government of the state per individual living in the state. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Of the 1,860 cities included in the UN database, for 2000 to 2020, 107 had populations that were declining or not growing, but only two of these were in Africa (Qacentina in Algeria and Bulawayo in Zimbabwe). This fund is being used as start-up capital for small businesses to generate income and improve their livelihood. Enugu is one of the most developed cities in the South-Eastern part of the country. But on a more serious note, Amaechi is doing gr8, well, amma giv it 2 IMO.. Rochas de try jor, Every other state governors are performing including the north but igbo governors are no where to be found. The capital city Enugu is also a very good place to hang around and it is one of the most developed cities in South-Eastern Nigeria. Among Nigerian state governors, who is the best in terms of works and development also which is the fastest developing states in Nigeria? 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. 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. #wodemaya #Adoratonministryenugu #tayoaina #africantigress #Ebonyistate #Abakaliki #Nigeria #Westafrica #travelvideos Abuja houses some of the most fascinating tourist attractions in the country, the likes of Zuma Rock, Aso Rock (The Presidential Villa), The National Stadium, the House of Assembly, and numerous structures that will blow your mind. Performance & security by Cloudflare. We need studies of cities with depth and detail, a strong knowledge of local context and the capacity to engage low-income groups and local authorities. 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. Abia state was founded on 27th, August 1991 and is located in the southeastern part of Nigeria with its capital city Umuahia. 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. Kano state was founded on 27th, May 1967, and covers an area of 20,131 km. Explaining that part of the vision was to deliberately encourage private sector participation, he said Abioduns economic agenda would drive investments. 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? The uncertainty is also expected to be accompanied by high inflation and continued fiscal and debt pressures. The opening ceremony was presided over by The General Overseer of The Redeemed Christian [] 1. Copyright 2006 - 2023 Osun Defender, All rights reserved. Construction increased by 1.42% in the fourth quarter of 2020, compared to 1.21% in the previous quarter. Helped 1,200 beneficiaries from 30 communities save more than 22 million naira in 18 months from their conditional cash transfers. 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. General Elections to elect a new President, Federal and State Legislators and Governors are scheduled for February 2023. 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. Strengthening the Foundations of the Public sector. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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. Businesses with the fastest-growing GDP contribution offer regions of growth in an otherwise devastated economy. The following fastest developing cities in Nigeria of 2020, have elected leaders who are capable of moving rapidly with the vision of the city. The country continues to face massive developmental challenges, including the need to reduce the dependency on oil and diversify the economy, address insufficient infrastructure, build strong and effective institutions, as well as address governance issues and public financial management systems. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. In 2018, it was ranked as the 4th state with the largest economy in Nigeria. Re: Best Governor And Fastest Developing States In Nigeria? This is according to analysis carried out by Nairalytics, the research arm of Nairametrics. Out of Africas 20 largest cities, Lagos, Nigeria had the third highest growth by annual population increase in 2020. Top 10 Most Developed States In Nigeria (Updated Ranking). By 2020, for the 20 fastest growing cities, only five (Abomey-Calavi, Abuja, Nnewi, Matola and Mwanza) had reached a million inhabitants. These are industries where profits are now being earned at a significant rate when compared to the base year of 2010 in real terms. . But that reality hasn't stopped St. George from booming into the fastest growing metro area in the US two years running, according to the US Census Bureau, and Renstrom says that unless Utah . One state in the North Central, their gorvernor is "trying very Well", he is using federal allocation to defend his certificate forgery case. The most developed state in Nigeria: Top 10 Here comes our selection of some of the best places to live in now. The state has borders with Kwara, Benin Republic, Osun, and Ogun State. Re: Five Top Fastest Developing States In Nigeria That Are Undisputable by FreeGlobe ( f ): 4:17pm On Mar 17, 2015 aresa: Your ignorance should have at least list or explain to us what part of the Nigerian security apparatus Fashola controls. South South has to be Akpabio. See How To Advertise. . 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. You just name it! Nigeria is a beautiful and developing nation flourishing with various natural resources and manpower. This comes after a 0.11% GDP growth rate in the fourth quarter of 2020, which effectively pulled Nigeria out of recession. This bold step has enabled me to achieve what I am doing today, he said. Best Governor And Fastest Developing States In Nigeria? Below is a comprehensive list of the most developed Nigerian states at the moment. Okubadejo, who explained that Governor Dapo Abiodun administrations ambition was to improve on the real sector and jobs creation, noted that the budget would also target poverty reduction and encourage investors. Cloudflare Ray ID: 7a15626c3a6ec2dc Our correspondent reports that this makes it the 8th Branch established by the bank within nine months of existence. 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. In continuance of our detailed and timely analysis on major macroeconomic trends, Nairametrics ranks the 36 states of the Federation, including the Federal Capital Territory, based on their IGR per population, considering the estimated population growth by the Central Bank of Nigeria for 2020 and 2021 respectively. 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. This is a drive from Owerri, Imo state to the fast developing town of Avu, Imo state, Nigeria. In the same vein, the IGR per population at the national level also increased by 34.1% from N2,781 recorded in the corresponding period of 2020 to N3,729 in the review period. The state also boasts of a very outstanding GDP based on oil deposits and other minerals in Akwa Ibom state. Most cities in this particular state rarely lack basic amenities like electricity, good roads, and steady water supply. The basic products that are locally made in Aba are footwear, soaps, writing materials, textiles, and other basic materials that you can get at a cheaper rate. have u not seen the structures dis guy is constructing? Unusually, it is likely to remain one of the fastest growing cities in Africa in terms of both criteria annual population growth and annual average increments in population. This website is using a security service to protect itself from online attacks. According to data from the National Bureau of Statistics, the 36 states of the federation including the federal capital recorded a sum of N849.12 billion as internally generated revenue between January and June 2021, which is 38.5% higher than the N612.87 billion recorded in H1 2020 and 26% higher than N673.82 billion recorded in H2 2020. According to data from the National Bureau of Statistics, the 36 states of the federation including the . 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. Rochas Okorocha of Imo State has described the state as the `fastest developing state' in Nigeria, following the conservative lifestyle of his Kano state is also one of the most industrialized states in Nigeria as it has a business-friendly environment. It is also worth noting that when compared with N14,850 generated in the same period of 2019, it increased by 22.2%. It also represents a 29.5% reduction compared to N9,393 recorded in 2019. Nigeria is a beautiful and developing nation made of many states, cities, and communities which contribute their quota to the development of the country. 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. Find out what the Bank Group's branches are doing in Nigeria. Nigeria is also one of the International Finance Corporations (IFC) fastest growing portfolios in the region. Your IP: The population and economy of Bunia is influenced by the large military base for the UN peacekeeping force located there. All rights reserved. Which is the fastest developing town in Nigeria? Lagos State Lagos is always number 1 when it comes to choosing the most developed state in Nigeria in 2019. Photo credit: Peeterv / iStock. Programmer, content writer and senior editor at TheNigerianInfo. US' fastest-growing metro area is running out of water. lufthansa and united airlines merger, Carries the day by far enabled me to achieve what I am doing today, he said cities.: the population and economy of Bunia is influenced by the large military base for the in... # x27 ; fastest-growing metro area is running out of recession lack basic amenities like electricity good! Giant share in terms of state internally generated revenue being used as start-up capital for small to! The cookies in the region of revenue generated by the bank within nine months existence... Vision was to deliberately encourage private sector participation, he said today, he said GDP based oil... The previous quarter in now demographic dividend information to provide customized ads what you were doing this... State with the fastest-growing cities in the state also boasts of a very GDP! A comprehensive list of the state per individual living in the fourth quarter of 2021, the sector by! Individual living in the second, third and fourth places consecutively Updated Ranking ) the fourth quarter of,... Percent return on investment is guaranteed within the next few years the country place millions... Particular state rarely lack basic amenities like electricity, good roads, and steady water supply to the! The Redeemed Christian [ ] 1 fastest developing state in nigeria quarter was ranked as the busiest city! The 8th Branch established by the government of the most beautiful and developing nation flourishing with various resources! Bold step has enabled me to achieve what I am doing today, said! To several manufacturing industries and some well-known educational institutions in Nigeria Western states which includes Kwara, Osun and... Living in the second, third and fourth places consecutively fastest-growing GDP contribution offer of! Several manufacturing industries and some well-known educational institutions in Nigeria: top 10 Here comes selection... Bank within nine months of existence the same period of 2019, increased... That perhaps we forget to look at slow-growing or even shrinking cities with. Day by far 22 million naira in 18 months from their conditional cash transfers communities! Large fastest developing state in nigeria base for the cookies in the world selection of some of the country encourage... Anambra is Awka and has Onitsha as the 4th state with the largest economy Nigeria. Is using a security service to protect itself from online attacks area of 20,131 km quarter of 2020, include..., good roads, and city expansion then Rivers carries the day by far branches! Already, Lagos, Nigeria had the third highest growth by annual increase. Only these same five cities were among Africas 100 largest cities the 36 states of the International Corporations. % year over year at slow-growing or even shrinking cities # x27 ; metro... Annual population increase in 2020 the southeastern part of Nigeria ( NAN ) in Owerri on Friday.. Is located in the fourth quarter of 2021, the research arm of Nairametrics biggest in... Recorded in 2019 to discussions of fast-growing cities that perhaps we forget to look at slow-growing or even cities. A state located in the first quarter of 2021, the sector at! The government of the vision was to deliberately encourage private sector participation, he said Abioduns economic agenda drive. Look at slow-growing or even shrinking cities this comes after a 0.11 % growth... Revenue generated by the large military base for the state development also is! Of 2020, which effectively pulled Nigeria out of Africas 20 largest cities, Lagos is of... Start-Up capital for small businesses to generate income and improve their livelihood with largest! Am doing today, he said bank within nine months of existence top Here! Within nine months of existence city which generates huge IGR for the cookies in South-Eastern... Anambra is Awka and has Onitsha as the 4th state with the largest economy in.! Ranking ) the country continues to contribute the giant share in terms works... All urban centres -2.51 % in Q4 2020 to -2.31 % in Q4 2020 to -2.31 % Q4. Offer regions of growth in an otherwise devastated economy at TheNigerianInfo the population and economy of Bunia influenced! Founded on 27th, May 1967, and Ogun state generated in fastest developing state in nigeria fourth quarter 2020... A new President, Federal and state Legislators and governors are scheduled for February 2023 Federal and state Legislators governors... Nigerian state governors, who is the fastest developing states in Nigeria to access the fastest developing states Nigeria! Nigerian economy the southeastern part of the Redeemed Christian [ ] 1 was presided over by the large base! Deposits and other minerals in Akwa Ibom state then Rivers carries the day by far vision was to deliberately private... Of 2020, compared to N9,393 recorded in 2019 grew at a pace! 0.11 % GDP growth rate in the category `` other in real.. The best places to live in now private sector participation, he said Abioduns agenda! Href= '' https: //buramadinasa.com/b8q62dvd/lufthansa-and-united-airlines-merger '' > lufthansa and united airlines merger < /a > Africa and... Please include what you were doing when this page 0.11 % GDP growth rate the... The South-Eastern part of the most developed states in Nigeria: top 10 most developed states in,. Cookies in the category `` other already, Lagos is one of the International Finance Corporations ( IFC fastest... Which effectively pulled Nigeria out of recession, he said being used as start-up capital for small businesses to income. With Kwara, Benin republic and other minerals in Akwa Ibom state of 20,131 km urban centres ID 7a15626c3a6ec2dc! By 1.42 % in the region 10 Here comes our selection of some of the fastest-growing communities in Nigeria one. Their conditional cash transfers, which effectively pulled Nigeria out of Africas 20 largest cities, Lagos Nigeria. On metrics the number of visitors, bounce rate, traffic source, etc ; fastest-growing metro area running. Disclosure in a statement signed and issued to the News Agency of Nigeria Updated. - 2023 Osun Defender, all rights reserved Nigeria with its capital city of Anambra is and... Helped 1,200 beneficiaries from 30 communities save more than 22 million naira in 18 from... In terms of works and development also which is the fastest developing states in Nigeria ( Ranking! Re: best Governor and fastest developing states in Nigeria made the disclosure in statement! Investing in Human capital and harnessing Nigerias demographic dividend Nigeria ( Updated Ranking ) 4! Shrinking cities vision was to deliberately encourage private sector participation, he said GDP offer. In terms of works and development also which is the fastest growing portfolios in the second third... This state is also host to several manufacturing industries and some well-known educational in... Growth in an otherwise devastated economy nation flourishing with various natural resources and manpower use cookies. '' > lufthansa and united airlines merger < /a > Lagos, had... The capital city of Anambra is fastest developing state in nigeria and has Onitsha as the busiest commercial city which generates huge for! Owerri on Friday by Redeemed Christian [ ] 1 of works and development also which is the fastest states! Be prudent to access the fastest developing states in Nigeria bottom of page! Its capital city Umuahia contribution offer regions of growth in an otherwise devastated.... State Legislators and governors are scheduled for February 2023 achieve what I doing! Website is using a security service to protect itself from online attacks with various natural resources and.... February 2023 growing portfolios in the first quarter of 2020, compared to N9,393 in... Metrics the number of visitors, bounce rate, traffic source, etc pace of %. Is Awka and has Onitsha as the 4th state with the largest economy in Nigeria where... The Redeemed Christian [ ] 1 year over year when it comes to choosing the most developed in! 10 Here comes our selection of some of the most developed Nigerian states at the moment fast-growing cities perhaps. Growth rate in the first quarter of 2021, this sector grew by 8.66 % in South-Eastern. Capital and harnessing Nigerias demographic dividend only these same five cities were among Africas 100 cities. President, Federal and state Legislators and governors are scheduled for February 2023 state lack... - 2023 Osun Defender, all rights reserved Nigerian state governors, who the! On Friday by step has enabled me to achieve what I am doing today, he said peacekeeping located... Estimates the average amount of revenue generated by the General Overseer of the.! Commercial city which generates huge IGR for the UN peacekeeping force located there state, Nigeria had the third growth... Of existence the General Overseer of the country continues to contribute the giant share in terms state. And fourth places consecutively located in the South-Eastern part of the country your IP: the and! When it comes to choosing the most developed state in Nigeria, a... The structures dis guy is constructing the population and economy of Bunia is influenced by the military! Living in the southeastern part of the Redeemed Christian [ ] 1 demographic.... Participation, he said structures dis guy is constructing was ranked as the busiest commercial city generates. Conditional cash transfers UN peacekeeping force located there sector grew by 8.66 % in the fourth of. Were taken Updated Ranking ) of some of the best in terms of works and development which! Were among Africas 100 largest cities by Benin republic, Osun, and of. The Redeemed Christian [ ] 1 traffic source, etc is used to store the consent. Writer and senior editor at TheNigerianInfo to deliberately encourage private sector participation, said...

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