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. 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. 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. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. Abuja is the federal capital where all federal agencies are centralized and will enjoy the PAYE from the agencies. 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. 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. There are a lot of industries originally intended for Lagos that are now situated in Ogun. To learn more about cookies, click here. 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. 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. 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 region grew its revenue by 37.3% compared to N6,243 recorded in the corresponding period of 2020. Utah and Montana tied for second at 1.7\%, followed by Arizona, at 1.4\%. As the number one manufacturing hub in Nigeria, Ogun state remains one of the go-to states in Nigeria for job seekers and fresh graduates. xmlhttp = new XMLHttpRequest();xmlhttp.onreadystatechange = function(){if(xmlhttp.readyState==4 && xmlhttp.status==200){var es = document.querySelectorAll("[data-id='"+adunit+"']");var e = Array.from(es).filter(function(e) {return !e.hasAttribute("data-rendered")});if(e.length > 0){e.forEach(function(el){var iframe = el.contentWindow.document;iframe.open();iframe.write(xmlhttp.responseText);iframe.close();el.setAttribute('data-rendered', true)})}}};var child=childNetworkId.trim()? Your IP: 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 presence of industries and other multinational companies in this state has contributed greatly to her IGR which in turn contributes immensely to the overall development of the state wen utlied well. This is according to analysis carried out by Nairalytics, the research arm of Nairametrics. The largest cities must have been among the fastest growing cities in the past, otherwise they would not be among the largest cities today. Anambra was created in 1976 as part of the then Eastern central state before it was further subdivided into the central Eastern states we have now. Oyo state also has a very impressive economy having Ibadan as its capital city. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. This state is also host to several manufacturing industries and some well-known educational institutions in Nigeria. Click to reveal You just name it! Yes Akwa Ibom. With its heavy IGR, the state boasts of good infrastructural development and a well-planned modern city. The lack of job opportunities is at the core of the high poverty levels, regional inequality, and social and political unrest. Though Abia state is known for the production of local goods but also it is an oil-producing state so the state has some wealth to show off. Notably, Lagos State accounted for 31.5% of the total internal revenue generated by the 36 states of the federation including the FCT. Re: Best Governor And Fastest Developing States In Nigeria? Sen. Jarigbe Agom-Jarigbe on Wednesday in Calabar commended Cross Rivers Gov. This cookie is set by GDPR Cookie Consent plugin. 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 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. Such leaders are healthy, intelligent, development-driven and people-focused. I hear he subsidizes movie tickets for indigenes in the state when they visit the Silverbird built with State Funds. 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. Its harsh climate conditions has made its a no go area and has prevented foreigners and foreign investors to come for investment in the state. This website uses cookies to improve your experience while you navigate through the website. Anambra state was founded on 27th, August 1991 and covers an area of 4,844 km. The Ogun State House of Assembly Lawmaker representing Ketu Constituency II, Wahab Abiodun Egungbohun has congratulated Justice Olukayode Ariwoola on his swearing-in as the acting Chief Justice of Nigeria (CJN). 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. 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)? IGR per population estimates the average amount of revenue generated by the government of the state per individual living in the state. It is arguably the most developed state in northern Nigeria as of today. 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. Programmer, content writer and senior editor at TheNigerianInfo. Rochas Okorocha of Imo State has described the state as the `fastest developing state' in Nigeria, following the conservative lifestyle of his The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Unusually, it is likely to remain one of the fastest growing cities in Africa in terms of both criteria annual population growth and annual average increments in population. 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 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. Idaho was the fastest-growing state with 2.9\% growth from 2020 to 2021. Ibeju-Lekki is a local government area in Lagos State, Nigeria, located in the Epe Division. 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. 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. Nigeria is a beautiful and developing nation made of many states, cities, and communities which contribute their quota to the development of the country. lways makes the first spot when choosing the best state in Nigeria for anything. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Necessary cookies are absolutely essential for the website to function properly. Evidently then, many of the fastest-growing cities are still relatively small. Explaining that part of the vision was to deliberately encourage private sector participation, he said Abioduns economic agenda would drive investments. No One. 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). The Mining and Quarrying sector grew by 2.19% (year-on-year) in the first quarter of 2021. Since 2011, the security landscape has been shaped by the war against Boko Haram and other terrorist groups in the northeast in addition to incessant cases of banditry and kidnappings in the north-west and parts of the southwest. As the nations capital, you can be sure that development is a must at least in the major parts of the city. 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. Strengthening the Foundations of the Public sector. Haulage and logistics as a business model is all about transporting goods and people for a fee within and outside Nigeria. Copyright 2006 - 2023 Osun Defender, All rights reserved. These sectors are eye candy to investors and the economic growth in them presents the following potentials: (function () { Ondo states has many thing it takes to be dragging 2nd position. However, apart from the clear exception of Lagos State, all others depend largely on statutory allocations to run their state affairs. Many small cities have doubled their population in ten years for instance, as they take on new government functions or develop as tourist centres. 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. Evidently then, many of the fastest-growing cities are still relatively small. var size='300x250', A recent Bankrate report states that the median sale price for a home in Austin as of January 2023 was $530,000, . As a developing nation, the sad truth is that not all states in the country can be seen as well developed. Theory support geography, ecology and economic development. If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. 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. 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. The World Bank Group works in every major area of development. The city was largely built in the 1980s and is dominated by Aso Rock where the president of Nigeria stays. Top 10 Most Developed States In Nigeria (Updated Ranking). This place attracts millions of citizens from all over the country. 37.9.171.155 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. One state in the North Central, their gorvernor is "trying very Well", he is using federal allocation to defend his certificate forgery case. Ogun State Government has declared that this year's budget is aimed at sustaining the state's economic agenda and making it the fastest growing in the country. 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). Since its creation, Anambra has proven to be one of the most highly placed states, hence its slogan which reads Light of the nation. Meanwhile, continued scarcity of foreign exchange and tighter liquidity could affect the economic activity in the non-oil sector and undermine the overall macroeconomic stability. 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. 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. All rights reserved. Rivers State is located in the South Southern region of Nigeria and it has the popular city of Port Harcourt as its capital city. Link Copied! Lagos State also has a fast-growing economy and most times, it is referred to as the economic capital of West Africa. 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 . 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. Abia is a state located in the South-Eastern part of Nigeria. This state also has an outstanding GDP growth which can be attributed to the vast deposits of oil and other minerals in the state. Compared to the same quarter of 2020, the sector growth rate was lower by 6.77% points but higher by 16.25% points when compared to the fourth quarter of 2020. The most developed state in Nigeria: Top 10 Here comes our selection of some of the best places to live in now. Cloudflare Ray ID: 7a15626c3a6ec2dc I know how much I spend in Diesel. It does not store any personal data. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. have u not seen the structures dis guy is constructing? The action you just performed triggered the security solution. 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. 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. 2.19 % ( year-on-year ) in the category `` Analytics '' 1991 and covers an area of.. Our selection of some of the city was largely built in the quarter! Day by far as the nations capital, you can be attributed to vast. Paye from the clear exception of Lagos state, all others depend largely on allocations... Editor at TheNigerianInfo enjoy the PAYE from the clear exception of Lagos state, all rights.. Of 4,844 km of good infrastructural development and a well-planned modern city slow-growing or even shrinking.... 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