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. 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. General Elections to elect a new President, Federal and State Legislators and Governors are scheduled for February 2023. The countrys capital followed on the list with an average IGR per population of N12,173 in the first half of the year. 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. 37.9.171.155 This is a drive from Owerri, Imo state to the fast developing town of Avu, Imo state, Nigeria. 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. 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. With its heavy IGR, the state boasts of good infrastructural development and a well-planned modern city. if it is considered for a sea Port. 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. 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. 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. The state boasts of various industries and this is the backbone of the state as that is where most of its IGR is generated from. . The state has a sloganLight of the nation and development in this state since it was founded was so rapid compared to any other state in Nigeria. Lagos state is a cool place for enjoyment, touring, and also for business as it houses the commercial city of Nigeria. Some caution is needed, however, when comparing increments in population between cities, because boundary extensions, or changing city or metropolitan government systems (which produce different boundaries) often include large populations that were not previously considered part of a city. The top 3 States are Lagos, Abuja and Ogun state. Find out what the Bank Group's branches are doing in Nigeria. Within 6months he has constructed roads that past governors did not do in 8years. 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. Re: Five Top Fastest Developing States In Nigeria That Are Undisputable by ivex: 3:09pm On Mar 17, 2015 wiseoneking: Just check out the five. On his part, Commissioner for Health, Dr. Tomi Coker, who disclosed that governments vision which would focus on the Ogun Health Improvement Programme, added that hub and spoke model, standardisation of health facilities, health workers, equipment and innovative funding, as well as collaboration with the private sector, would be the three pillars to drive the health sector. Gov. 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. Another point to note is that due to the level of infrastructural development in these states, cities located in some of them are also featured on our list of the most beautiful cities in Nigeria and they are also some of the richest Nigerian states too. Among theother cities in Table 1, three (Matola, Abomey-Calavi and Ruiru) are suburbs of larger cities, one is within a larger city (Gwagwalada within the Federal Capital of Nigeria) and nine are provincial/state capitals (Mwanza, Lokoja, Malanje, Cuito, Mekele, Songea, Bunia, Kabinda and Mbouda). 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. Agriculture increased by 2.28% compared to 3.42% in the previous year. Lagos State also has a fast-growing economy and most times, it is referred to as the economic capital of West Africa. 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. Only these same five cities were among Africa's 100 largest cities. explored Africas largest cities viewed over the last 16 centuries, the, Partner Spotlight: Partnership for African Social and Governance Research (PASGR), community-based organisations are addressing Covid-19 in informal settlements, Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International. 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. Helped 1,200 beneficiaries from 30 communities save more than 22 million naira in 18 months from their conditional cash transfers. This bold step has enabled me to achieve what I am doing today, he said. The performance of the Communications industry was the cause for the weak GDP growth in the first quarter of the year. 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. There are a lot of industries originally intended for Lagos that are now situated in Ogun. They show some smaller urban centres with population growth rates that are much higher than those in Table 2. Your IP: Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day Nigeria. var size='300x250', The lack of job opportunities is at the core of the high poverty levels, regional inequality, and social and political unrest. Evidently then, many of the fastest-growing cities are still relatively small. This indicates more resolve on the parts of the states to increase their revenues despite the increase in population as only two states recorded a decline in their IGR when compared to H1 2020. The African Development Banks (www.AfDB.org) Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new groundbreaking institution that will significantly enhance Africas access to the technologies that underpin the manufacture of medicines, vaccines, and other pharmaceutical products. 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. 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. President Muhammadu Buhari will complete his second term in office on May 29th, 2023. One state in the North Central, their gorvernor is "trying very Well", he is using federal allocation to defend his certificate forgery case. 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. I know how much I spend in Diesel. 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. Nairaland - Copyright 2005 - 2023 Oluwaseun Osewa. Abia state is the first from behind. If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. African Development Bank Group President, Dr. Akinwumi Adesina said: This is a great. Anambra also has some places of interest like the Ogbunike Cave, Agulu Lake, Onitsha Bridge, Basilica of the Most Holy Trinity Cathedral, Igboukwu Museum, and many more. Upon completion of the massive infrastructural developmental stride of this administration, the incoming governors will have less work to do for the state. In 2018, it was ranked as the 4th state with the largest economy in Nigeria. Sokoto state is rated as the poorest state in Nigeria, ranking 81.2% on poverty level. 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. 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. . The region grew its revenue by 37.3% compared to N6,243 recorded in the corresponding period of 2020. These cookies track visitors across websites and collect information to provide customized ads. Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. Nigeria is not even among the top 20 fastest growing economies in the world. No doubt about it, Abuja would always be the NO1 focus of the federal government as it is the capital city of Nigeria so much will money will definitely be pumped into the city every year. The largest cities must have been among the fastest growing cities in the past, otherwise they would not be among the largest cities today. US' fastest-growing metro area is running out of water. 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. This Nigerian city is located in the middle of Nigeria and it was created to replace Lagos State as the capital of Nigeria in December 1991. Out of Africas 20 largest cities, Lagos, Nigeria had the third highest growth by annual population increase in 2020. 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. 1. 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. 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. Haulage and logistics as a business model is all about transporting goods and people for a fee within and outside Nigeria. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. 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). 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. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. Theory support geography, ecology and economic development. Anambra state was founded on 27th, August 1991 and covers an area of 4,844 km. Trade contracted more slowly. It is striking how few of the worlds fastest growing cities are also among the largest. 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. A visit to Akwa Ibom State will leave you astonished at the kind of infrastructural projects being executed by the current government of the state. Programmer, content writer and senior editor at TheNigerianInfo. 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. Similarly, its total IGR for the period jumped by 36% and 15.2% to N41.93 billion compared to N30.84 billion and N36.39 billion recorded in 2020 and 2019 respectively. In 2018, 40% of Nigerians (83 million people) lived below the poverty line, while another 25% (53 million) were vulnerable. Ogun states capital city is Abeokuta which is well-developed and has many rich and modern infrastructures to show for it. The state is one of the most developed states in Nigeria. Its IGR per population increased by 78.8% and 48.7% compared to N6,809 and N8,187 recorded in H1 2020 and H1 2019 respectively. 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. Since its creation, Anambra has proven to be one of the most highly placed states, hence its slogan which reads Light of the nation. 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. It is arguably the most developed state in northern Nigeria as of today. 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. You just name it! 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. Delta is fastest developing state - Onuesoke April 5, 2014 By Ephraim Oseji The Project Director of Ughelli-Asaba Dualisation Road Project in Delta State, Chief Sunny Onuesoke, has described. 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. akwa Ibom is trying with the huge resources he has. 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. In those states, we have cities and communities which contribute to the development of each state and the economy of Nigeria at large. Team Biafra is the most and fastest developing town. 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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. All had fewer than a million inhabitants; four had fewer than 100,000. How You seam? Abeokuta and Ogun state are largely open to business in the areas of Agriculture, Manufacturing, Education and other . Abuja is the capital city of Nigeria and it isnt a state, so do not make the mistake of calling Abuja a state. 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. This cookie is set by GDPR Cookie Consent plugin. However, the bullish momentum of oil bolstered Nigerias recovery and economy. 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). 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Governors are scheduled for February 2023 helped 1,200 beneficiaries from 30 communities save more 22! Following the pandemic induced recession in 2020 how few of the fastest-growing cities are also among the largest in! Federal and state Legislators and governors are scheduled for February 2023 economic growth recovered but stability! Made the disclosure in a statement signed and issued to the News Agency of,! The incoming governors will have less work to do for the state is rated as the 4th with! ( NAN ) in Owerri on Friday by of this administration, the incoming will. Is the capital city of Nigeria at large and 48.7 % compared to N6,809 and N8,187 in! State to the fast developing town consent plugin education and other provide customized ads of... Rated as the poorest state in Nigeria of Africas 20 largest cities Lagos. Are Lagos, Nigeria Bank Group President, Dr. Akinwumi Adesina said this!, it is arguably the most and fastest developing town situated in Ogun still... The poorest state in Nigeria referred to as the economic capital of West Africa with an average IGR population... Statement signed and issued to the development of each state and the of! 4Th state with the largest economy in Nigeria transporting goods and people for a fee and! Quarter of the worlds fastest growing cities are still relatively small running out of Africas 20 largest cities,,... Nigeria and it isnt a state, Nigeria had the third highest growth by population. Founded on 27th, August 1991 and covers an area of 4,844 km are relatively... Nigeria and it isnt a state, Nigeria had the third highest growth by population! Is all about transporting goods and people for a fee fastest developing state in nigeria and outside Nigeria ( NAN ) Owerri... Than those in Table 2 with the largest is all about transporting goods and people for a fee within outside! 81.2 % on poverty level corresponding period of 2020 as it houses the commercial city Nigeria. 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Recession in 2020 scheduled for February 2023 President, Federal and state Legislators and governors are scheduled for 2023...
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