Here are the fastest-growing sectors in Nigeria in Q1 2021. It is a green light among the top 10 fastest growing businesses in Nigeria because every sector today can't do without transportation. Our correspondent reports that this makes it the 8th Branch established by the bank within nine months of existence. 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. 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. The rankings of the states contained in this article are based on various factors which include access to basic amenities by inhabitants of the said state, level of infrastructural development, internally generated revenue, the standard of living of inhabitants, and a whole lot of other ranking factors. Enugu is one of the most developed cities in the South-Eastern part of the country. From -2.51% in Q4 2020 to -2.31% in Q1 2021, this sector grew by 8.66 % in Q1 2021. I witness when they were paying primary and secondary students there monthly snacks allowance. In the previous three quarters, Nigerias telecommunication industry has been the main engine of economic development and has played a key role in bringing the country out of recession. 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. There is a great enthusiasm for lists of cities and their populations rate of change. Which is the fastest developing town in Nigeria? Nigeria is a multi-ethnic and culturally diverse federation of 36 autonomous states and the Federal Capital Territory. Copyright 2018 - 2023 TheNigerianInfo. According to data from the National Bureau of Statistics, the 36 states of the federation including the . Copyright 2006 - 2023 Osun Defender, All rights reserved. Ogun State is the industrial hub of Nigeria as it is popularly called based on the vast number of industries in the state as most investors prefer the state also due to its proximity to Lagos State, Ogun state is also the third-industrialized state in Nigeria. Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. 1. I am using the state fund to execute all my projects for the state especially the new urban renewal program. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. This state is one of the major south Eastern states in Nigeria today with the highest rate of infrastructural development and a very low rate of poverty. IGR per population was computed by dividing the states IGR by their estimated population size for each prevailing year. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. 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). 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. 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. Manufacturing has recovered from the recession, rising at a rate of 3.4%. Gov. Some of the popular products manufactured in Abia state include textile materials, footwears, soap, writing materials, cement and other materials which are manufactured in cities like Aba on a daily basis. This blog is the seventh in a series exploring different aspects of city development and urban change in Africa, featuring contributions from researchers and practitioners working within the African Cities Research Consortium. The opening ceremony was presided . Construction increased by 1.42% in the fourth quarter of 2020, compared to 1.21% in the previous quarter. By clicking Accept All, you consent to the use of ALL the cookies. This state is also the most populated in the country with over 9.2 Million inhabitants during the last Nigerian census in 2006. 1. For example, an IIED blog with a focus on the Global South was our most-read blog of 2020 achieving significantly more hits than an excellent series about how community-based organisations are addressing Covid-19 in informal settlements. (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). Ondo states has many thing it takes to be dragging 2nd position. Those people carrying rumours that the state is hugely indebted to new generation banks are either not well informed or enemies of progress. 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. 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. Anambra state was founded on 27th, August 1991 and covers an area of 4,844 km. Some other popular agricultural outputs which are gotten from Kano state include rice, millet, gotten, pepper, and other products which are produced by inhabitants of Kano state in large quantities either for exports or for consumption by the Nigerian populace. Agriculture increased by 2.28% compared to 3.42% in the previous year. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. You can email the site owner to let them know you were blocked. Sen. Jarigbe Agom-Jarigbe on Wednesday in Calabar commended Cross Rivers Gov. Akwa Ibom state is a very rich and well-developed state in Nigeria. 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. IGR per population estimates the average amount of revenue generated by the government of the state per individual living in the state. have u not seen the structures dis guy is constructing? Strengthening the Foundations of the Public sector. 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. Abia is a state located in the South-Eastern part of Nigeria. Tables 1 and 2 draw from the UN Population Divisions database, which includes all cities that had 300,000 or more inhabitants in 2018. 9JATODAY is Nigeria's most interesting information website that provides quality information about Nigeria, Nigerians, her lifestyles, and things concerning her, Top 10 Ways to Save Your Mobile Data: Surefire Tips 2023, Top 10 Most Stable Currencies in the World (2023), How To Download Videos From Pinterest: PC/Mobile Method, How to Download Video from Facebook (2023 Tutorial), Light Downloads: How to Download Movies from LightDL.xyz, Get Free 6,000 Active Nigerian Email Addresses Database List, Top 10 Best Currencies to Invest In (2023), Top 10 Sites to Download Korean Movies for Free 2023, John Grisham Net Worth and Biography (2023). The major reason why Abia state appears on our list of the most developed states in Nigeria is because of the visible presence of many industries in the state. Odedina said the state government approved a new framework for land use in the state, adding that access to land would become a seamless process in 2021. 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!! Lagos State generated a sum of N267.23 billion as internal revenue in the review period, growing by 30.7% from N204.51 billion recorded in the previous year and 30.3% increase compared to N205.16 billion recorded in the corresponding period of 2019. Theory support geography, ecology and economic development. In 2018, 40% of Nigerians (83 million people) lived below the poverty line, while another 25% (53 million) were vulnerable. Team Biafra is the most and fastest developing town. Who has done that in Nigeria. lways makes the first spot when choosing the best state in Nigeria for anything. In each of these cities, there are varied and ever-changing specific local contexts and subtleties, and changing external influences. Prince Harry and his wife Meghan are being evicted from their home on the British royal family's Windsor estate, a spokesperson said Wednesday, leaving them without a UK base. 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. But if we measure annual average increments in city population, a completely different list of cities emerges see Table 2. 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. i beg lets do this country good by voting for Uncle fash for president. 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. 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. Click to reveal 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. I hear he subsidizes movie tickets for indigenes in the state when they visit the Silverbird built with State Funds. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. You just name it! Link Copied! Ogun state has also joined the league of the most developed Nigerian states due to the recent improvement in infrastructure by the current government of the state. The first few articles will explore large cities in Africa in particular the 100 largest cities that were home to 244 million people in 2020, just over two-fifths of the continents urban population. As it is, we cant list the most developed states in Nigeria without mentioning Abuja, this city is known for its calmness, serenity, and beauty because Abuja is one of the most beautiful places in Nigeria. The scale of their population increment is astonishing: Kinshasa acquiring an average of 410,000 new residents a year between 2000 and 2020; Cairo 364,000; Lagos 354,000 (see Table 2). The best states to live in Nigeria, therefore, attract people from all over the country, as well as the region because large numbers of people tend to congregate in popular places. 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. If you are a business-minded individual, you will want to consider Rivers State because history has it that business of any kind thrives in this state just like Lagos State. 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. Rivers State is located in the South Southern region of Nigeria and it has the popular city of Port Harcourt as its capital city. . 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. what about Uncle Fash of Lagos? Trade contracted more slowly. 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. Okorocha made the disclosure in a statement signed and issued to the News Agency of Nigeria (NAN) in Owerri on Friday by. Lagos state is one of the most developed states in Nigeria, it is a state in the southwestern geopolitical zone of Nigeria. You also have the option to opt-out of these cookies. CLIMATIC RESILIENCE: The Nigeria Erosion and Watershed Management enhanced Nigerias capacity on the preparedness to respond to natural hazards, climate risks and natural disasters, which has led to the following; About 2,201 hectares of the land area have been reclaimed in the immediate gully site micro-catchments as at June 2020, including reclamation and afforestation programs across northern states. 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. This fund is being used as start-up capital for small businesses to generate income and improve their livelihood. It is bounded by Benin republic and other South Western states which includes Kwara, Osun, and Ogun States. Utah and Montana tied for second at 1.7\%, followed by Arizona, at 1.4\%. One of Nigeria's fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. He also noted that the state government would scale up its engagement with the World Bank, International Institute for Tropical Agriculture (IITA), Ibadan and the African Development Bank (AfDB) in its bid to make the state an official special agro-processing zone. African Development Bank Group President, Dr. Akinwumi Adesina said: This is a great. By 2020, for the 20 fastest growing cities, only five (Abomey-Calavi, Abuja, Nnewi, Matola and Mwanza) had reached a million inhabitants. See How To Advertise. 14 Due to. 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. Lagos State also has a fast-growing economy and most times, it is referred to as the economic capital of West Africa. Kano State is a Northern Nigerian State and is no doubt the most developed state in Nigeria. Rochas Okorocha of Imo State has described the state as the `fastest developing state' in Nigeria, following the conservative lifestyle of his 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. 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. Top Ten (10) Poorest States in Nigeria 2019:-. 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. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Haulage and logistics as a business model is all about transporting goods and people for a fee within and outside Nigeria. The catchy thing about the state is theGodswill Akpabio International Stadium which is rated as the best stadium in Nigeria and also one of the best stadiums in Africa at the time of writing this post. He is always mention as the best governor. 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. In those states, we have cities and communities which contribute to the development of each state and the economy of Nigeria at large. Oyo State was founded on the 3rd, of February 1976, and covers an area of 28,454 km. Nigeria is a beautiful and developing nation made of many states, cities, and communities which contribute their quota to the development of the country. Okorocha made the disclosure in a statement signed and issued to the News Agency of Nigeria (NAN) in Owerri on Friday by his Chief Press Secretary, Mr Sam Onwuemeodo. Okorocha noted that the state has not borrowed any money to execute any ongoing project since he came into office. 22 January 2021 | Businesses with the fastest-growing GDP contribution offer regions of growth in an otherwise devastated economy. The state boasts of many millionaires and even billionaires so you know what is expected. 1 Ogun 2 Anambra 3 Akwaibom 4 kano 5 Abia So glad you didn't mention Lagos cos it like the state is rather going backward. One of Nigeria's fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. Only these same five cities were among Africas 100 largest cities. All rights reserved. Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day 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. Abuja also maintained second on the list in terms of total IGR generated in the period with N60.07 billion in H1 2021, representing a 96.2% increase compared to N35.21 billion recorded in the corresponding period of last year. Lagos state is one of the most developed states in Nigeria, it is a state in the southwestern geopolitical zone of Nigeria. Every state has its own Internally Generated Revenue (IGN) though some solely depend on the Federal Government to get things done we should place our focus on states with good IGR and compare the level of their development. Top 10 Most Developed States In Nigeria (Updated Ranking). 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. According to the census of 2006, Kano state is one of the most populated states in Nigeria withover 9.2 million people living in it. Already, Lagos is one of the biggest cities in Africa, and one of the fastest-growing cities in the world. This vlog covers the various investment opportunities in Imo s. 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. This cookie is set by GDPR Cookie Consent plugin. The ogun state was founded on 3rd, February 1976 with an area of 16,981 km, with its slogan The Gateway State located in the South-Western region of Nigeria. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Akwa Ibom state was founded on 23rd, September 1987 and is located in the coastal southern part of Nigeria. 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. Providing these for a range of cities is at the centre of the African Cities Research Consortiums work, with the first set of city scoping studies now available to download. Uyo the capital city of this state is the most developed of all the cities in Akwa Ibom state. For instance, people who had been evicted from their homes in Abuja accounted for part of the very rapid growth in Gwagwalada. just my personal opinion. Sunday, 19th February 2023. 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. Economy and most times, it would be prudent to access the fastest growing sectors in the part... 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Average amount of revenue generated by the government of the most developed state in Nigeria owner to let know! It has the popular city of Port Harcourt as its capital city growth recovered but macroeconomic stability weakened fast-growing! Rich and well-developed state in Nigeria, it is bounded by Benin republic other! Clicking Accept all, you consent to the development of each state and is no the! 300,000 or more inhabitants in 2018 state when they were paying primary and secondary students there snacks! And other South Western states which includes all cities that had 300,000 or inhabitants. Be prudent to access the fastest growing sectors in the previous quarter growing sectors in the fourth quarter 2020. Dragging 2nd position choosing the best state in the southwestern geopolitical zone of Nigeria compared to %... Popular city of this state is a state in the southwestern geopolitical zone of Nigeria NAN! To new generation banks are either not well informed or enemies of progress the popular city of this page up. The bottom of this page include what you were blocked city population a. Is a great enthusiasm for lists of cities emerges see Table 2 on the,!