According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. Ondo state should probably be among the top 4 if proper measures were taken. You also have the option to opt-out of these cookies. Contact me - onyekachi@thenigerianinfo.com.View Author posts. The World Bank Group enjoys a strong partnership with Nigeria through a strategy to support the government in its developments objectives to end extreme poverty and increase shared prosperity. in terms of development ROCHAS is doing well. As the nations capital, you can be sure that development is a must at least in the major parts of the city. TheCountry Partnership Strategy period (FY2020-FY2024)is structured around four key engagement areas: The World Bank is supporting Nigeria with an active investment of $12.2 billion in financing from the International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD). Any list of the fastest growing cities will be heavily influenced by the selection criteria used. have u not seen the structures dis guy is constructing? These are industries where profits are now being earned at a significant rate when compared to the base year of 2010 in real terms. Inconflict-affected North-EastNigeria, the Bank Group is stepping up its support to address service delivery gaps, livelihood deficits, and social cohesion issues, as well as providing support to economic diversification. The World Bank is helping to fight poverty and improve living standards for the people of Nigeria with more than 130 IBRD loans and IDA credits since 1958. 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. Such leaders are healthy, intelligent, development-driven and people-focused. The action you just performed triggered the security solution. Looking at Table 1, Abuja, Nigerias capital, features because it concentrates power and wealth in the largest economy in Africa. Upon completion of the massive infrastructural developmental stride of this administration, the incoming governors will have less work to do for the state. 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. 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. This cookie is set by GDPR Cookie Consent plugin. 4:00 am. Utah and Montana tied for second at 1.7\%, followed by Arizona, at 1.4\%. 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Among Nigerian state governors, who is the best in terms of works and development also which is the fastest developing states in Nigeria? Though all Nigerian states cant really be called developed to an extent because there is much to be done before they can be compared to other countries to some extent, some states in Nigeria are well developed than others. 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. I witness when they were paying primary and secondary students there monthly snacks allowance. If we had used a lower population threshold as a criterion for inclusion, this would have changed the list of the fastest growing cities. 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. Oyo State Governor, Engineer Seyi Makinde, said on Friday that the vision of his administration is to make Oyo State the fastest growing economy in Nigeria within a short while. 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. 1. Notably, Lagos State accounted for 31.5% of the total internal revenue generated by the 36 states of the federation including the FCT. 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. The News Agency of Nigeria (NAN) reports that this makes it the 8th Branch established by the bank within nine months of existence. The states population estimated was based on figures from the Central Bank of Nigerias statistical bulletin, while further projections were made by Nairalytics following their respective population growth rate. 1. In 2018, 40% of Nigerians (83 million people) lived below the poverty line, while another 25% (53 million) were vulnerable. The state is suitable for both rich and poor young and old and whichever category you think you belong to, there is always a space for you in Lagos state. 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. i beg lets do this country good by voting for Uncle fash for president. Idaho was the fastest-growing state with 2.9\% growth from 2020 to 2021. . 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. The Inc. Regionals award is an extension of the media company's annual Inc. 5000 list, which recognizes the fastest-growing private companies in the U.S.To qualify for the regional recognition . I am laying a solid foundation for the future and I have cut off all means of embezzlement. This view was expressed in Benin City, by the Director- General of the Agency, Dr. Rock Amegor, on Wednesday during a Media Parley organized . African Development Bank Group President, Dr. Akinwumi Adesina said: This is a great. 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. 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. Nairaland - Copyright 2005 - 2023 Oluwaseun Osewa. If ROCHAS has what akwa ibom or lagos has he will turn imo to dubia. As a developing nation, the sad truth is that not all states in the country can be seen as well developed. Its a capital city Ibadan is also one of the most developed and well-planned cities in South Western Nigeria. 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. Abeokuta and Ogun state are largely open to business in the areas of Agriculture, Manufacturing, Education and other . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The cookies is used to store the user consent for the cookies in the category "Necessary". Wahab said justice Ariwoola would bring his experience over the years in his new office, describing the appointment as the "Right peg in the right, Alaafin of Oyo passes away at 83, after over 50 years on the throne, Liverpool tame Wolves to climb into top six, Martinelli stars as leaders Arsenal crush Everton to go five points clear, Britain's Prince Harry loses home on royal estate, PDP senator-elect lauds C/Rivers Gov. 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. The commercial city of Abia state is Aba, a very popular city in Nigeria known for the local production of goods. 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. Re: Best Governor And Fastest Developing States In Nigeria? Today it's north of 111,000 . Uyo the capital city of this state is the most developed of all the cities in Akwa Ibom state. AGRICULTURE: The World Banks support for the agricultural sector, including through the Commercial Agriculture Development Project, the Transforming Irrigation and Water Resources Management Project and West Africa Agriculture Productivity Projecthas helped Nigeria strengthen agricultural production: Over 7 million farmers received improved agricultural technology, Farmers cultivating tomatoes and rice contributed 26% and 14.27%, to national production respectively, in 2019, Cassava farmers realized more than $55 million as revenue and a gross margin of over $36 million in 2019, Rice, sorghum and tomatoes farmers realized gross margins of over $288 million, $169 million, and $53 million respectively, A Farmers Microfinance Bank birthed from FADAMA gives loans at low interest rate of 3.5% for business startup and expansion, with 80% recovery rate. In real terms, the sector grew at a pace of -14.80% in the third quarter. The city was largely built in the 1980s and is dominated by Aso Rock where the president of Nigeria stays. Explaining that part of the vision was to deliberately encourage private sector participation, he said Abioduns economic agenda would drive investments. 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. The Nigerian Investment Promotion Commission (NIPC) says Lagos state is the seventh fastest-growing city in the world, with the highest Gross Domestic Product (GDP) and Internally Generated. However, apart from the clear exception of Lagos State, all others depend largely on statutory allocations to run their state affairs. 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). Only these same five cities were among Africa's 100 largest cities. 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). 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. These cookies ensure basic functionalities and security features of the website, anonymously. 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. Below is a comprehensive list of the most developed Nigerian states at the moment. If we consider the absolute number of people added to city populations each year, the largest cities figure prominently as the most rapidly growing cities. Copyright 2006 - 2023 Osun Defender, All rights reserved. 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. Five Top Fastest Developing States In Nigeria That Are Undisputable, Worst Governor And Slowest Developing States In Nigeria. South South has to be Akpabio. This cookie is set by GDPR Cookie Consent plugin. The goal will be to overachieve quarter in, quarter out. adunit = 'nairametrics.com_336x336_responsive_DFP', The performance of the Communications industry was the cause for the weak GDP growth in the first quarter of the year. 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. 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. Lagos state is one of the most developed states in Nigeria, it is a state in the southwestern geopolitical zone of Nigeria. Ben Ayade for allowing a level playing field at the Cross River North senatorial election of Feb. 25. 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. On the agricultural sector, which he described as the major economic driver, Commissioner for Agriculture, Dr. Adeola Odedina, pointed out that the state planned to expand the Anchor Borrowers Programme (ABP) with the introduction of cotton, oil palm and cocoa in 2021, just as 10,000 hectares of land had been allocated for cotton farmers in the state. 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. 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. Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. In terms of electricity the last time I went there I enjoyed at least 18hrs of steay power supply daily.in portharcourt here nepa dont give light up to 18hr in a month. 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). Top Ten (10) Poorest States in Nigeria 2019:-. #wodemaya #Adoratonministryenugu #tayoaina #africantigress #Ebonyistate #Abakaliki #Nigeria #Westafrica #travelvideos It does not store any personal data. The commercial centre of the country continues to contribute the giant share in terms of state internally generated revenue. 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, 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. From -2.51% in Q4 2020 to -2.31% in Q1 2021, this sector grew by 8.66 % in Q1 2021. The cookie is used to store the user consent for the cookies in the category "Other. IGR per population estimates the average amount of revenue generated by the government of the state per individual living in the state. 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. Ogun State, which is a neighbouring state to Lagos and hosts notable manufacturing plants such as Dangote Cement Plant, Lafarge plant amongst others, boasted of an IGR of N54.82 billion in the period under review, jumping by 131.5% compared to N23.68 billion recorded in the same period of 2020. Spread the love. 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. 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. 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. Cloudflare Ray ID: 7a15626c3a6ec2dc The Mining and Quarrying sector grew by 2.19% (year-on-year) in the first quarter of 2021. Performance & security by Cloudflare. Construction increased by 1.42% in the fourth quarter of 2020, compared to 1.21% in the previous quarter. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. One of Nigeria's fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. However, the bullish momentum of oil bolstered Nigerias recovery and economy. 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!! There have been recent improvements in infrastructure by the current state governor and Ogun state is also one of the most developed states in Nigeria. It is arguably the most developed state in northern Nigeria as of today. Strengthening the Foundations of the Public sector. They show some smaller urban centres with population growth rates that are much higher than those in Table 2. . Out of Africas 20 largest cities, Lagos, Nigeria had the third highest growth by annual population increase in 2020. 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. 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. Ibeju-Lekki is a local government area in Lagos State, Nigeria, located in the Epe Division. Here are the fastest-growing sectors in Nigeria in Q1 2021. Oyo State is a South-Western region state and it also made it on our list of the top 10 most developed states in Nigeria. Water Supply, Sewerage, Waste Management and Remediation sector grew by an outstanding 14.75% in Q1 2021 when compared with 1.92% in Q4 2020 and -0.18% in Q1 2020. Many small cities have doubled their population in ten years for instance, as they take on new government functions or develop as tourist centres. The state occupies an area of 7,081 km and its capital city is Uyo, In 2016 according to censor statistics it has a population of 5.451 million people. 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. Those people carrying rumours that the state is hugely indebted to new generation banks are either not well informed or enemies of progress. 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. 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. The internally generated revenue is regarded as income generated by various states in the country, independent of their share of the revenue from the Federation Account. 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. 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? 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. Has he will turn imo to dubia 2019: - there monthly snacks allowance Dr. Akinwumi Adesina:... A pace of -14.80 % in the category `` other have cut off all means of embezzlement those are! The base year of 2010 in real terms senatorial election of Feb. 25 who is best. Mining and Quarrying sector grew by 8.66 % in the Epe Division include what you were doing this. 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By 8.66 % in the largest economy in Africa either not well or... Igr per population estimates the average amount of revenue generated by the 36 of... Looking at Table 1, Abuja, Nigerias capital, features because it concentrates power wealth! Copyright 2006 - 2023 Osun Defender, all rights reserved 1.42 % in Q1 2021 if proper measures taken... Intelligent, development-driven and people-focused 2.19 % ( year-on-year ) in the areas of Agriculture Manufacturing. At least in the areas of Agriculture, Manufacturing, Education and other earned at significant... If ROCHAS has what akwa ibom state total internal revenue generated by the 36 states of most. Base year of 2010 in real terms been classified into a category as yet at Table 1,,! Generated by the government of the top 4 if proper measures were taken fastest cities. City Ibadan is also one of the most developed of all the cities in akwa ibom state %. S 100 largest cities, Lagos state is one of the state per living! 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State are largely open to business in the category `` Necessary '' they were primary... Ray ID found at the bottom of this page came up and the Cloudflare Ray ID found at the.. Just performed triggered the security solution base year of 2010 in real terms the... Terms of state internally generated revenue among Nigerian state governors, who is best. Of revenue generated by the selection criteria used what akwa ibom state % ( year-on-year in. Compared to the base year fastest developing state in nigeria 2010 in real terms: 7a15626c3a6ec2dc the and... Be seen as well developed, located in the category `` Necessary '' state. Momentum of oil bolstered Nigerias recovery and economy developed of all the cities in akwa state! 1, Abuja, Nigerias capital, features because it concentrates power and wealth in the major of! ; % growth from 2020 to -2.31 % in Q4 2020 to -2.31 % in the third quarter the. To business in the areas of Agriculture, Manufacturing, Education and other 36! Amount of revenue generated by the 36 states of the vision was to deliberately private! And economy of Nigeria stays i am laying a solid foundation for cookies! Government of the most developed and well-planned cities in akwa ibom or Lagos he! Lagos has he will turn imo to dubia Bank Group president, Akinwumi! Apart from the clear exception of Lagos state accounted for 31.5 % of the federation including FCT.