One of Nigeria's fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Kano State is a Northern Nigerian State and is no doubt the most developed state in Nigeria. 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. 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 sector has been revamped as regulation around the covid-19 pandemic vanishes and the economy returns to normal. 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. City officials proudly promote Buckeye as one of America's fastest growing cities. Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. 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. akwa Ibom is trying with the huge resources he has. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Notably, Lagos State accounted for 31.5% of the total internal revenue generated by the 36 states of the federation including the FCT. I know how much I spend in Diesel. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. According to data from the National Bureau of Statistics, Nigerias real GDP growth rate in the first quarter of 2021 was 0.51%. Promoting Jobs and Economic Transformation and Diversification. 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. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Telecommunications and information services, publishing, motion picture, sound recording, music production, and broadcasting are the six activities that comprise the Information and Communication sector. by AnotherOkija: 9:01am On May 25, 2012 Best Governor: Rivers State Name of Governor: Rotimi Chibuike Amaechi Areas of Achievements: Roads (complete with underground drainages, open gutters and street ligets), City expansion, Electricity, Education, Transportation. Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. if it is considered for a sea Port. The opening ceremony was presided . Every year, millions of Nigerians from other states migrate to Lagos State because of higher chances of getting jobs + it also boasts of advanced infrastructural development when compared to other Nigerian states. A very large city of 15 million is not going to grow to 30 million in a decade although some very large cities have doubled, or close to doubled, their population in the last two decades, including Kinshasa, Lagos, Luanda and Dar es Salaam (see Table 2). 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. 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. According to data from the National Bureau of Statistics, the 36 states of the federation including the federal capital recorded a sum of N849.12 billion as internally generated revenue between January and June 2021, which is 38.5% higher than the N612.87 billion recorded in H1 2020 and 26% higher than N673.82 billion recorded in H2 2020. Without wasting more time, lets take a look at the most developed Nigerian states right now. Such leaders are healthy, intelligent, development-driven and people-focused. The state boasts of many millionaires and even billionaires so you know what is expected. 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. This can be seen in City Populations country reports, which include all urban centres. 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. 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. 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. 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 . Table 1 lists the cities with the largest average annual population growth rates. given its nearness to the North and East than Lagos. Abuja is the federal capital territory of Nigeria which is located at the center of the Nigeria map. 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. All rights reserved. Utah and Montana tied for second at 1.7\%, followed by Arizona, at 1.4\%. This state also has an outstanding GDP growth which can be attributed to the vast deposits of oil and other minerals in the state. The cookies is used to store the user consent for the cookies in the category "Necessary". Explaining that part of the vision was to deliberately encourage private sector participation, he said Abioduns economic agenda would drive investments. 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. Performance & security by Cloudflare. It does not store any personal data. It is glaring that the revenue generated internally by states in Nigeria is always mismanaged by the leaders and also the citizens or inhabitants of the states, hence the decline in the development of the states and Nigeria at large. The contribution of Mining and Quarrying to real GDP in the quarter under review stood at 9.28%, lower than the rate of 9.54% recorded in the corresponding quarter of 2020 but higher than the 6.09% recorded in the fourth quarter of 2020. Sokoto. Furthermore, analysts remain sceptical of the sectors ability to maintain its rapid growth. Looking at Table 1, Abuja, Nigerias capital, features because it concentrates power and wealth in the largest economy in Africa. Transport and Storage: This is the . Best Governor And Fastest Developing States In Nigeria? In real terms, the sector grew at a pace of -14.80% in the third quarter. Enugu is one of the most developed cities in the South-Eastern part of the country. Ogun State recorded an increase of 124% in its IGR per population to N8,908 in the first half of 2021, with an estimated population size of 6.15 million people. All rights reserved. All thanks to her past and present governors who have worked tirelessly for the betterment of the state in terms of infrastructure and other basic human needs of masses residing and doing business there. Lagos state is a cool place for enjoyment, touring, and also for business as it houses the commercial city of Nigeria. 4:00 am. These cookies ensure basic functionalities and security features of the website, anonymously. 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 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. Ibeju-Lekki is a local government area in Lagos State, Nigeria, located in the Epe Division. 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. Its a capital city Ibadan is also one of the most developed and well-planned cities in South Western Nigeria. Travel to events and conferences worldwide, presenting on booths and driving face-to-face marketing and sales . You can email the site owner to let them know you were blocked. But that reality hasn't stopped St. George from booming into the fastest growing metro area in the US two years running, according to the US Census Bureau, and Renstrom says that unless Utah . 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. 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). 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. Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day Nigeria. 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. There is a great enthusiasm for lists of cities and their populations rate of change. Kano state was founded on 27th, May 1967, and covers an area of 20,131 km. With this expansion, which happened in 2022 . Theory support geography, ecology and economic development. The cookie is used to store the user consent for the cookies in the category "Analytics". Tables 1 and 2 draw from the UN Population Divisions database, which includes all cities that had 300,000 or more inhabitants in 2018. These are industries where profits are now being earned at a significant rate when compared to the base year of 2010 in real terms. Sen. Jarigbe Agom-Jarigbe on Wednesday in Calabar commended Cross Rivers Gov. Spread the love. Abuja is the federal capital where all federal agencies are centralized and will enjoy the PAYE from the agencies. 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. Nairaland - Copyright 2005 - 2023 Oluwaseun Osewa. IGR per population was computed by dividing the states IGR by their estimated population size for each prevailing year. 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. From the National Bureau of Statistics, Nigerias capital, features because it concentrates and... 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