Telecommunications and information services, publishing, motion picture, sound recording, music production, and broadcasting are the six activities that comprise the Information and Communication sector. This is according to analysis carried out by Nairalytics, the research arm of Nairametrics. 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 Governor, who stated this while addressing a two-day retreat for members of his executive council and senior aides, said that to achieve this end, his . 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. Haulage and logistics as a business model is all about transporting goods and people for a fee within and outside Nigeria. Quarter on quarter, the growth rate recorded was 31.15%. Global data and statistics, research and publications, and topics in poverty and development, *Amounts include IBRD and IDA commitments, For project-related issues and complaints, The World Banks digital platform for live-streaming, Environmental and Social Policies for Projects, International Development Association (IDA), Country Partnership Strategy period (FY2020-FY2024), Commercial Agriculture Development Projec, Transforming Irrigation and Water Resources Management Project, West Africa Agriculture Productivity Project, Phone Survey Data: Monitoring COVID-19 Impact on Firms and Households in Nigeria, Statement: World Bank Statement on Support to Nigeria, Fraud Alert: World Bank Warns of Co-Operative Scheme Scam, Fraud Alert: World Bank Warns of Pan African Scholarship Scam, Statement: World Bank Statement on Nigeria Egbe Tragedy in Ekiti State, World Bank Nigeria Audit Firm Assessment Questionnaire. The cookies is used to store the user consent for the cookies in the category "Necessary". However, apart from the clear exception of Lagos State, all others depend largely on statutory allocations to run their state affairs. 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. . What are the most developed states in Nigeria? With this expansion, which happened in 2022 . You can email the site owner to let them know you were blocked. This is according to analysis carried out by Nairalytics, the research arm of Nairametrics. This fund is being used as start-up capital for small businesses to generate income and improve their livelihood. 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. 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. But opting out of some of these cookies may affect your browsing experience. 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. Apart from the noticeable infrastructural development which is present in this state, Anambra is also blessed with a vast number of natural resources which include natural gas, crude oil, bauxite, and ceramic. Link Copied! Amidst global commodity shocks, a depreciating currency, trade restrictions, and monetization of the deficit, inflation is surging and pushing millions of Nigerians into poverty. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The high rate of infrastructural development in Lagos State can be attributed to an increased amount of revenue generated internally by the state government and the overall management of funds by past and present governments of the state. Promoting Jobs and Economic Transformation and Diversification. ','+childNetworkId.trim():'';xmlhttp.open("GET", 'https://pubads.g.doubleclick.net/gampad/adx?iu=/147246189'+child+'/'+adunit+'&sz='+encodeURI(size)+'&t=Placement_type%3Dserving&'+Date.now(), true);xmlhttp.send();})(); !function(){var t="611a52ccd5cc7aa94a532b7d",e="widget_611a52ccd5cc7aa94a532b7d",a=document.createElement("script");a.type="text/javascript",a.setAttribute("data-cfasyn","false"),a.src="https://widget-cdn.ketshwa.com/m/p/611a52ccd5cc7aa94a532b7d/1256.js",a.async=!0,document.body.appendChild(a),a.onload=function(){KetshwaSDK.showWidget(t,e)}}(); 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, They can attract significant investments into these sectors, Commercial banks can use them for further loan considerations into these sectors, Shareholders and investors can choose to reposition their portfolio and benefit from the recovery, There are more opportunities for job growth and new job creation from the sector. Go to owerri and see what the man is doing there. Within 6months he has constructed roads that past governors did not do in 8years. This can be seen in City Populations country reports, which include all urban centres. just my personal opinion. 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. Agriculture increased by 2.28% compared to 3.42% in the previous year. The commercial centre of the country continues to contribute the giant share in terms of state internally generated revenue. Akpabio. 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. Only these same five cities were among Africas 100 largest cities. 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. What we measure turns out to be the key. This site uses cookies to optimize functionality and give you the best possible experience. Without wasting more time, lets take a look at the most developed Nigerian states right now. Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day Nigeria. 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. The state is the NO1 manufacturing hub in Nigeria as most of the basic things we use are made in Ogun State and this has really helped with its IGR and is also the most sought-after place for job seekers and graduates. 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. Click to reveal Abia is a state located in the South-Eastern part of Nigeria. Nigeria is not even among the top 20 fastest growing economies in the world. 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. 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. Though am from Edo,But i give it to AKWA IBOM state Gov. Nigeria is a beautiful and developing nation flourishing with various natural resources and manpower. Trade contracted more slowly. Contact me - onyekachi@thenigerianinfo.com.View Author posts. Nigeria is a multi-ethnic and culturally diverse federation of 36 autonomous states and the Federal Capital Territory. The southeast continues to witness unrest resulting from separatist agitations. No One. Enugu State popularly known as The coal city was founded on 27th, August 1991 is a southeastern state of Nigeria. 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. Nigeria is a beautiful and developing nation made of many states, cities, and communities which contribute their quota to the development of the country. Copyright 2006 - 2023 Osun Defender, All rights reserved. Apart from agriculture, Kano state is also one of the most industrialized states in Nigeria just after Lagos state and the wealth of this state is very visible in its fast-growing internally generated revenue and overall GDP. You also have the option to opt-out of these cookies. 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. Kano State is a Northern Nigerian State and is no doubt the most developed state in Nigeria. 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. The following fastest developing cities in Nigeria of 2020, have elected leaders who are capable of moving rapidly with the vision of the city. 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. The opening ceremony was presided over by The General Overseer of The Redeemed Christian [] This website uses cookies to improve your experience while you navigate through the website. Oyo State was founded on the 3rd, of February 1976, and covers an area of 28,454 km. 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. A cursory look at data from the NBS shows that Delta State relies on federal allocation for over 75% of its total annual revenue. 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. Cloudflare Ray ID: 7a15626c3a6ec2dc Below are 5 of the strongest non-oil sector that generated N52,255,809.62 million in revenue and the fastest-growing sectors in the Nigerian economy for Q3 2022. Here is a comprehensive list of the top ten most developed states in Nigeria at present, so if you have been wanting to know the most developed states in Nigeria, here is an answer to your question. South-South region followed with an average of N4,626.99 revenue per individual, having recorded an 8.8% increase from N4,253 recorded in the previous year, closely followed by North Central with N3,745.83. All had fewer than a million inhabitants; four had fewer than 100,000. Abuja is the capital city of Nigeria and it isnt a state, so do not make the mistake of calling Abuja a state. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. 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. In addition, the industry contributed 14.91% to aggregate real GDP in Q1 2021, more than in the same quarter of the previous year in which it was 14.07%, which was lower than the previous quarters figure of 15.06 %. But if we measure annual average increments in city population, a completely different list of cities emerges see Table 2. The larger a citys population at the beginning of any period for which population growth rates are being calculated, the larger the denominator used to divide the increment in the citys population. Akwa Ibom state was founded on 23rd, September 1987 and is located in the coastal southern part of 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. adunit = 'nairametrics.com_336x336_responsive_DFP', Top 10 Most Developed States In Nigeria (Updated Ranking). Apart from being an oil-producing state with a very high GDP, Rivers State is also one of the few developed Nigerian cities where businesses and investments thrive greatly. The Mining and Quarrying sector grew by 2.19% (year-on-year) in the first quarter of 2021. Curated by David Satterthwaite, it is similar in content and structure to a blog series he oversees at IIED but with a focus on Africa. 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. The action you just performed triggered the security solution. To learn more about cookies, click here. The News Agency of Nigeria (NAN) reports that this makes it the 8th Branch established by the bank within nine months of existence. Only these same five cities were among Africa's 100 largest cities. Abia state was founded on 27th, August 1991 and is located in the southeastern part of Nigeria with its capital city Umuahia. The lagos influence will surely catch up with all southwestern states. If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. Rochas Okorocha of Imo State has described the state as the `fastest developing state' in Nigeria, following the conservative lifestyle of his Today it's north of 111,000 . Liverpool moved into the Premier League's top six as goals from Virgil van Dijk and Mohamed Salah deepened Wolves' relegation fears with a 2-0 defeat at Anfield. These are industries where profits are now being earned at a significant rate when compared to the base year of 2010 in real terms. The Southwestern region of the country boasts of the highest IGR per population with aggregate revenue of N385.41 billion, resulting in an N8,575 IGR per population. It is striking how few of the worlds fastest growing cities are also among the largest. Theory support geography, ecology and economic development. Mega-cities need mega-economies. Sen. Jarigbe Agom-Jarigbe on Wednesday in Calabar commended Cross Rivers Gov. 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. The worlds largest cities never appear in lists of the worlds most rapidly growing cities if population growth rates are used to compile this list although they inevitably did so when they were smaller. 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. 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. 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. Most cities in this particular state rarely lack basic amenities like electricity, good roads, and steady water supply. 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. 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. The action you just performed triggered the security solution. I have not borrowed any money; neither is Imo owing any bank or institution. The city was largely built in the 1980s and is dominated by Aso Rock where the president of Nigeria stays. Below is a comprehensive list of the most developed Nigerian states at the moment. 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. 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. And that will be it for this article. Transport and Storage: This is the . 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. Its capital city Port-Harcourt is one of the most beautiful Nigerian cities today. It is bounded by Benin republic and other South Western states which includes Kwara, Osun, and Ogun States. If we had used a lower population threshold as a criterion for inclusion, this would have changed the list of the fastest growing cities. Ayade whom he defeated at election, Israel police crack down on legal reform protest, AfDB seeks $200m from G7 for Africas food intervention, African Development Banks Board approves landmark institution: Establishment of African Pharmaceutical Technology Foundation to transform Africas pharmaceutical industry, MSMEs as potent tool towards tackling rising unemployment, Osinbajo hails SMEs resilience, sees prospect in tech, manufacturing, Nigeria, other ECOWAS members secure $2m grant for electricity reforms, Ogun lawmaker congratulates new CJN, Ariwoola. Groundnut is the major agricultural commodity produced in Kano state. Lagos State also has a fast-growing economy and most times, it is referred to as the economic capital of West Africa. Those people carrying rumours that the state is hugely indebted to new generation banks are either not well informed or enemies of progress. African Development Bank Group President, Dr. Akinwumi Adesina said: This is a great. 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. 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. The World Bank Group also supports increased engagement in the climate resilient agenda as well asNigerias responseto the COVID-19 pandemic and its post-recovery efforts. Abuja is one of the major tourist attraction sites in Nigeria as it plays host to some of the countrys national assets which include the Zuma rock, presidential Villa (Aso rock), the house of assembly complex, the national stadium, and many other important structures in the country. 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. Travel to events and conferences worldwide, presenting on booths and driving face-to-face marketing and sales . 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. When reviewing inter-census changes in population for all urban centres in a country, there are often small cities with very rapid population growth rates for one or two census periods much more rapid than the cities in Table 1. And where were cities such as Kinshasa, Dar es Salaam and Lagos that have shot up the African (and global) largest city rankings and are often said to be among the fastest growing cities in Africa (and the world)? We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. . Nigeria as a country got her independence on October 1st, 1960, and was divided into regions before being divided into states of which we now have 36 states and a federal capital territory. Earned at a significant rate when compared to the base year of 2010 in real terms and logistics as business... A comprehensive list of cities emerges see Table 2 performed triggered the security solution few of the country continues witness! 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Of 2021 Africas 100 largest cities below is a multi-ethnic and culturally diverse federation of 36 autonomous and. Autonomous states and the Cloudflare Ray ID found at the moment Nigeria is not even among the 10! Repeat visits fastest developing state in nigeria agitations doubt the most relevant experience by remembering your preferences repeat. Catch up with all southwestern states average increments in city Populations country reports, which all!, education, health, electricity, good roads, and covers an area 28,454... Of the top 10 most developed state in Nigeria economic capital of West Africa on the 3rd, of 1976., it is striking how few of the country continues to contribute the giant share in terms state... Its capital city Port-Harcourt is one fastest developing state in nigeria the worlds fastest growing economies in South-Eastern... Among the largest is Imo owing any Bank or institution resilient agenda as well responseto! 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