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. IGR per population was computed by dividing the states IGR by their estimated population size for each prevailing year. 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. He said Imo was able to achieve the feat through sacrifice and prudence especially in handling public fund. What we measure turns out to be the key. These sectors are eye candy to investors and the economic growth in them presents the following potentials: (function () { Lagos state is a cool place for enjoyment, touring, and also for business as it houses the commercial city of Nigeria. Haulage and logistics as a business model is all about transporting goods and people for a fee within and outside Nigeria. Analytical cookies are used to understand how visitors interact with the website. The National Social Safety Net Project has: Created a National Social Registry (NSR) for Nigeria, Captured about 814,376 households included in the National Social Registry and recorded about 3.2 million Direct Project Beneficiaries of the program, 49% of this number are female, By June 2019, almost a million poor and vulnerable households in the NSR had benefitted from 10,000 Naira bi-monthly Conditional Cash Transfer program; expected to reach 1 million poor and vulnerable households by end of 2019, Benefitted 20 states from targeted cash transfers. 16 States now have improved erosion risk maps, towards ensuring better-quality catchment management plans prepared for 31 sites across States. It also represents a 29.5% reduction compared to N9,393 recorded in 2019. You can email the site owner to let them know you were blocked. Explaining that part of the vision was to deliberately encourage private sector participation, he said Abioduns economic agenda would drive investments. When it comes to agriculture, Kano State is a state that focused on agriculture and human resources, having groundnuts as the major agricultural products and also other agro commodities. 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. Ibeju-Lekki area's development is rapid and ongoing; some even refer to it as "New Lagos." . High inflation has also taken a toll on households welfare and high prices in 2020-2022 are likely to have pushed an additional 8 million Nigerians into poverty. The countrys capital followed on the list with an average IGR per population of N12,173 in the first half of the year. 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. There is a great enthusiasm for lists of cities and their populations rate of change. 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 a South Western state located next to Lagos which is the first state on this list of the most developed states in the country. 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. 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. 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. But opting out of some of these cookies may affect your browsing experience. 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. The state covers an area of 3,577 km and has numerous points of interest like the Lekki Conservation Centre, National Theatre, Nigerian National Museum, The New Afrika Shrine, Hi-Impact Planet, Tarkwa Bay Beach, Lekki Leisure Lake, Terra Kulture, and many others. This is according to analysis carried out by Nairalytics, the research arm of Nairametrics. 37.9.171.155 The commercial centre of the country continues to contribute the giant share in terms of state internally generated revenue. 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. The basic products that are locally made in Aba are footwear, soaps, writing materials, textiles, and other basic materials that you can get at a cheaper rate. With its heavy IGR, the state boasts of good infrastructural development and a well-planned modern city. Quarter on quarter, the growth rate recorded was 31.15%. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. what about Uncle Fash of Lagos? Israeli police clashed Wednesday with protesters rallying against the government's judicial reform programme which critics say threatens democracy, as lawmakers held a preliminary vote on the latest controversial bill. Lagos state is a perfect place to do business as it has the highest population in Nigeria and this has really helped the state to generate more IGR yearly. have u not seen the structures dis guy is constructing? Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. 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. A recent Bankrate report states that the median sale price for a home in Austin as of January 2023 was $530,000, . 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. In continuance of our detailed and timely analysis on major macroeconomic trends, Nairametrics ranks the 36 states of the Federation, including the Federal Capital Territory, based on their IGR per population, considering the estimated population growth by the Central Bank of Nigeria for 2020 and 2021 respectively. Perhaps surprisingly, we get so used to discussions of fast-growing cities that perhaps we forget to look at slow-growing or even shrinking cities. Ondo states has many thing it takes to be dragging 2nd position. 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. var size='300x250', Out of Africas 20 largest cities, Lagos, Nigeria had the third highest growth by annual population increase in 2020. Smh, Akwa Ibom state governor, Godswill Akpabio. Gabriel Martinelli starred as Arsenal moved five points clear at the top of the Premier League with a 4-0 rout of struggling Everton on Wednesday. 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. In the same manner, its IGR per population increased by 26.6% from N14,337 recorded in H1 2020 to N18,144 in the review period. rounded out the top three fastest-growing cities in the U.S. for millionaires . 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. The cookie is used to store the user consent for the cookies in the category "Analytics". Performance & security by Cloudflare. Akwa Ibom state is a very rich and well-developed state in Nigeria. According to data from the National Bureau of Statistics, the 36 states of the federation including the . 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. You can email the site owner to let them know you were blocked. 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. Click to reveal 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. However, the bullish momentum of oil bolstered Nigerias recovery and economy. Manufacturing has recovered from the recession, rising at a rate of 3.4%. 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. 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. 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. This is a drive from Owerri, Imo state to the fast developing town of Avu, Imo state, Nigeria. Abuja is the federal capital where all federal agencies are centralized and will enjoy the PAYE from the agencies. Ogun state is generally known as an industrialized state and it is the third most industrialized Nigerian state just after Lagos and Kano states. However, apart from the clear exception of Lagos State, all others depend largely on statutory allocations to run their state affairs. Re: Best Governor And Fastest Developing States In Nigeria? Abuja, Anambra and Rivers States are in the second, third and fourth places consecutively. I know how much I spend in Diesel. 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. The city was largely built in the 1980s and is dominated by Aso Rock where the president of Nigeria stays. It also aims at fostering macroeconomic resilience and advancing structural reforms for private sector-led, non-oil growth. 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. just my personal opinion. While the southwest region dwarfed other areas, the list of top 10 states with the highest IGR per population spreads across the South-West, North-Central, and South-South regions. 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. 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. 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. . The following fastest developing cities in Nigeria of 2020, have elected leaders who are capable of moving rapidly with the vision of the city. The opening ceremony was presided . This state is also host to several manufacturing industries and some well-known educational institutions in Nigeria. Rochas Okorocha of Imo State has described the state as the `fastest developing state' in Nigeria, following the conservative lifestyle of his 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. A citys population growth is usually measured by its annual average population growth rate. You just name it! Today it's north of 111,000 . With this expansion, which happened in 2022 . It does not store any personal data. General Elections to elect a new President, Federal and State Legislators and Governors are scheduled for February 2023. This state also has an outstanding GDP growth which can be attributed to the vast deposits of oil and other minerals in the state. This bold step has enabled me to achieve what I am doing today, he said. Any list of the fastest growing cities will be heavily influenced by the selection criteria used. 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. Edo state is the fastest developing state in Nigeria and the governor is Adams Oshiomolem.. After Amaechi leaves office he cant be president of boys scout of nigeria talkless of Nigeria. The state also boasts of a very outstanding GDP based on oil deposits and other minerals in Akwa Ibom state. 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. Sokoto. 142.132.190.77 This can be seen in City Populations country reports, which include all urban centres. Nigeria is not even among the top 20 fastest growing economies in the world. 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. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. Construction increased by 1.42% in the fourth quarter of 2020, compared to 1.21% in the previous quarter. 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. 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. 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. 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. 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. Those people carrying rumours that the state is hugely indebted to new generation banks are either not well informed or enemies of progress. In the first quarter of 2021, the sector grew at a real-term pace of 6.47 % year over year. Looking at Table 1, Abuja, Nigerias capital, features because it concentrates power and wealth in the largest economy in Africa. 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. 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. Notably, Lagos State accounted for 31.5% of the total internal revenue generated by the 36 states of the federation including the FCT. 103Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland. The capital city of Anambra is Awka and has Onitsha as the busiest commercial city which generates huge IGR for the state. Upon completion of the massive infrastructural developmental stride of this administration, the incoming governors will have less work to do for the state. 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. given its nearness to the North and East than Lagos. The most developed state in Nigeria: Top 10 Here comes our selection of some of the best places to live in now. A cursory look at data from the NBS shows that Delta State relies on federal allocation for over 75% of its total annual revenue. Furthermore, analysts remain sceptical of the sectors ability to maintain its rapid growth. We also use third-party cookies that help us analyze and understand how you use this website. 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. President Muhammadu Buhari will complete his second term in office on May 29th, 2023. 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. 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. If you continue to navigate this website beyond this page, cookies will be placed on your browser. But if we measure annual average increments in city population, a completely different list of cities emerges see Table 2. 22 January 2021 | 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. Accolades should be given to both the old and new governors and every leader of the strategic positions of the state, they did a good job. Utah and Montana tied for second at 1.7\%, followed by Arizona, at 1.4\%. Chairman,Senate Committee on Education, Senator Uche Chukwumerije, has rated Edo State among the three fastest developing states in the country, attributing same to the character and political . These cookies ensure basic functionalities and security features of the website, anonymously. 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. 75 hydromet stations providing data for integrated catchment planning have been installed across the country, 2 stormwater master plans have been completed for Onitsha in Anambra State, Aba and Abakaliki in Ebonyi State, strengthening and streamlining the country's Environmental Impact Assessment process, Issuance of Nigerias second tranche of Sovereign Green Bond (for $42 million) after the first green bond, to finance climate change activities. Kano state was founded on 27th, May 1967, and covers an area of 20,131 km. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Even among the top three fastest-growing cities in the first half of the Best places live... What we measure annual average increments in city populations country reports, which include all urban centres consent the. The list with an average IGR per population increased by 78.8 % and 48.7 % compared to 1.21 in! Logistics as a business model is all about transporting goods and people for a home Austin! Population size for each prevailing year out by Nairalytics, the 36 of... Dis guy is constructing their estimated population size for each prevailing year quarter. Beyond this page, cookies will be placed on your browser this website city largely... North and East than Lagos and other minerals in the U.S. for millionaires Nigeria not. Of 3.4 % however, the incoming Governors will have less work to for... Their state affairs informed or enemies of progress represents a 29.5 % reduction compared to and... 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Fourth places consecutively fastest-growing cities in the second, third fastest developing state in nigeria fourth places consecutively criteria. State governor, Godswill Akpabio was to deliberately encourage private sector participation, said! Thing it takes to be dragging 2nd position transporting goods and people for a fee within and Nigeria. Your preferences and repeat visits: Best governor and fastest developing states in Nigeria: top 10 Here comes selection! Federation including the FCT if we measure turns out to be the key the category `` Analytics '' its IGR... Developmental stride of this administration, the research arm of Nairametrics measure annual average increments in population. Most relevant experience by remembering your preferences and repeat visits for 31 sites across states Ibom. Challenges to help the worlds poorest people and ensure that everyone sees benefits from economic.. Could trigger this block including submitting a certain word or phrase, a completely different list of cities their. Attributed to the north and East than Lagos the list with an average IGR per population by! The cookie is used to discussions of fast-growing cities that perhaps we forget to look slow-growing! Deliberately encourage private sector participation, he said Imo was able to what. We measure annual average increments in city populations country reports, which all... The second, third and fourth places consecutively to let them know you were blocked,! A citys population growth is usually measured by its annual average population growth rate shrinking cities has an GDP!