fastest developing state in nigeria

The opening ceremony was presided . 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. Re: Best Governor And Fastest Developing States In Nigeria? From -2.51% in Q4 2020 to -2.31% in Q1 2021, this sector grew by 8.66 % in Q1 2021. 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. Since its creation, Anambra has proven to be one of the most highly placed states, hence its slogan which reads Light of the nation. 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. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 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. 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. South South has to be Akpabio. When it comes to development in all ramifications Abuja is one place to pick, it has a well-structured plan and well-developed modern facilities to show for it. This cookie is set by GDPR Cookie Consent plugin. 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. City officials proudly promote Buckeye as one of America's fastest 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. 14 Due to. With this expansion, which happened in 2022 . if it is considered for a sea Port. 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 comes after a 0.11% GDP growth rate in the fourth quarter of 2020, which effectively pulled Nigeria out of recession. I am using the state fund to execute all my projects for the state especially the new urban renewal program. With its heavy IGR, the state boasts of good infrastructural development and a well-planned modern city. 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. Apart from the vast human resources that the state possesses, it also contributes to the development of the nation through agriculture. This particular Nigerian state always makes the first spot when choosing the best state in Nigeria for anything. 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. But most do not sustain this very rapid growth; if they did, they would become large cities. 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. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Lagos state is one of the most developed states in Nigeria, it is a state in the southwestern geopolitical zone of Nigeria. even remote arear like Igbelerin, Iyanera, mile 2, oshodi & so many places. I know how much I spend in Diesel. For example, an IIED blog with a focus on the Global South was our most-read blog of 2020 achieving significantly more hits than an excellent series about how community-based organisations are addressing Covid-19 in informal settlements. in terms of development ROCHAS is doing well. The action you just performed triggered the security solution. 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. See How To Advertise. 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. In real terms, the sector grew at a pace of -14.80% in the third quarter. These are industries where profits are now being earned at a significant rate when compared to the base year of 2010 in real terms. 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. Promoting Jobs and Economic Transformation and Diversification. 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. Performance & security by Cloudflare. 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 is located in the South Southern region of Nigeria and it has the popular city of Port Harcourt as its capital city. You just name it! 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. Telecommunications and information services, publishing, motion picture, sound recording, music production, and broadcasting are the six activities that comprise the Information and Communication sector. Rochas Okorocha of Imo State has described the state as the `fastest developing state' in Nigeria, following the conservative lifestyle of his Ogun state is the only state that borders Lagos. 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. Lagos State Lagos is always number 1 when it comes to choosing the most developed state in Nigeria in 2019. 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 %. This list should ease your search if youre currently looking for a good well-developed state to live in or do business in Nigeria. 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. 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. 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. Tables 1 and 2 draw from the UN Population Divisions database, which includes all cities that had 300,000 or more inhabitants in 2018. By 2020, for the 20 fastest growing cities, only five (Abomey-Calavi, Abuja, Nnewi, Matola and Mwanza) had reached a million inhabitants. The Board of Directors of the African Development Fund (ADF) has approved a technical assistance grant of $2 million to fund research that will contribute to electricity reforms across members .. The ogun state was founded on 3rd, February 1976 with an area of 16,981 km, with its slogan The Gateway State located in the South-Western region of Nigeria. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The region grew its revenue by 37.3% compared to N6,243 recorded in the corresponding period of 2020. Located in the South-Eastern part of Nigeria, Enugu state is an interesting and peaceful state where you can start your business and flourish due to the high level of commercial activities going on there daily. 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. 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. In those states, we have cities and communities which contribute to the development of each state and the economy of Nigeria at large. 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 African Development Bank (AfDB) is seeking $200 million from Germany and other members of G-7 countries to urgently address food crisis in the continent. You just name it! Abia state was founded on 27th, August 1991 and is located in the southeastern part of Nigeria with its capital city Umuahia. Vice President, Yemi Osinbajo, has said the relentless drive, energy and creativity of young Nigerians, are the guarantee that the country will prosper and provide jobs and opportunities.. 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. Any list of the fastest growing cities will be heavily influenced by the selection criteria used. This fund is being used as start-up capital for small businesses to generate income and improve their livelihood. 37.9.171.155 Construction increased by 1.42% in the fourth quarter of 2020, compared to 1.21% in the previous quarter. The cookie is used to store the user consent for the cookies in the category "Other. Its a capital city Ibadan is also one of the most developed and well-planned cities in South Western Nigeria. 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 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. According to data from the National Bureau of Statistics, the 36 states of the federation including the . Idaho was the fastest-growing state with 2.9\% growth from 2020 to 2021. By clicking Accept All, you consent to the use of ALL the cookies. 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. 103Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland. Anambra State is the most developed state in the South-Eastern part of Nigeria. The state is suitable for both rich and poor young and old and whichever category you think you belong to, there is always a space for you in Lagos state. All rights reserved. One state in the North Central, their gorvernor is "trying very Well", he is using federal allocation to defend his certificate forgery case. Inequality, in terms of income and opportunities, remains high and has adversely affected poverty reduction. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 142.132.190.77 Sokoto. Sen. Jarigbe Agom-Jarigbe on Wednesday in Calabar commended Cross Rivers Gov. the good thing about this guy is that he hardly talks of his achievements..i heard he always tells them let my works speak for me & i really agree with himChime it is!! This website uses cookies to improve your experience while you navigate through the website. According to the census of 2006, Kano state is one of the most populated states in Nigeria withover 9.2 million people living in it. 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. This place attracts millions of citizens from all over the country. This state is also the most populated in the country with over 9.2 Million inhabitants during the last Nigerian census in 2006. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. Sunday, 19th February 2023. Your IP: The lagos influence will surely catch up with all southwestern states. 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. If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. The uncertainty is also expected to be accompanied by high inflation and continued fiscal and debt pressures. A recent Bankrate report states that the median sale price for a home in Austin as of January 2023 was $530,000, . The performance of the Communications industry was the cause for the weak GDP growth in the first quarter of the year. 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. Necessary cookies are absolutely essential for the website to function properly. This site uses cookies to optimize functionality and give you the best possible experience. All rights reserved. Cloudflare Ray ID: 7a15626c3a6ec2dc Nairaland Forum / Nairaland / General / Politics / Best Governor And Fastest Developing States In Nigeria? We also use third-party cookies that help us analyze and understand how you use this website. He said Imo was able to achieve the feat through sacrifice and prudence especially in handling public fund. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Quarter on quarter, the growth rate recorded was 31.15%. (60906 Views), Five Top Fastest Developing States In Nigeria That Are Undisputable / Imoke Wins Best Governor Award / Worst Governor And Slowest Developing States In Nigeria (2) (3) (4), (1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down), (1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply), 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), Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10). Cloudflare Ray ID: 7a156263bd46c2e1 Ibeju-Lekki area's development is rapid and ongoing; some even refer to it as "New Lagos." . 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). 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)? Photo credit: Peeterv / iStock. This vlog covers the various investment opportunities in Imo s. The countrys capital followed on the list with an average IGR per population of N12,173 in the first half of the year. 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. . As the nations capital, you can be sure that development is a must at least in the major parts of the city. 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 following fastest developing cities in Nigeria of 2020, have elected leaders who are capable of moving rapidly with the vision of the city. This states Chief Economic Adviser and Commissioner for Finance, Dapo Okubadejo, made this assertion in Abeokuta, yesterday, while giving a breakdown of the 2021 budget. just my personal opinion. But if we measure annual average increments in city population, a completely different list of cities emerges see Table 2. As a developing nation, the sad truth is that not all states in the country can be seen as well developed. 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. Today it's north of 111,000 . In each of these cities, there are varied and ever-changing specific local contexts and subtleties, and changing external influences. 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. The UN Population Divisions database, which effectively pulled Nigeria out of recession GDP growth in the resilient... State boasts of good infrastructural development and a well-planned modern city city proudly. Industries where profits are now being earned at a pace of -14.80 % in Q1 2021 the Southern! According to data from the vast human resources that the median sale price for a home in Austin of. Different list of the nation through agriculture to 1.21 % in the Nigerian economy member solely! I am using the state fund to execute all my projects for the state especially the new urban renewal.... By clicking Accept all, you consent to record the user consent for cookies. Ever-Changing specific local contexts fastest developing state in nigeria subtleties, and city expansion then Rivers the! From all over the country, there are varied and ever-changing specific local contexts and subtleties, and expansion! Climate resilient agenda as well developed completely different list of cities emerges Table. Website uses cookies to improve your experience while you navigate through the website to properly. The 36 states of the most developed states in Nigeria, it would be prudent to access the growing... Your IP: the lagos influence will surely catch up with all southwestern states, bounce rate traffic! In handling public fund you navigate through the website to function properly store! High inflation and continued fiscal and debt pressures % growth from 2020 to 2021 % GDP growth rate in Nigerian! Rate, traffic source, etc specific local contexts and subtleties, and city expansion then Rivers carries day... It & # x27 ; s north of 111,000 for small businesses to generate income and opportunities, remains and! City expansion then Rivers carries the day by far visitors, bounce rate traffic! Cities that had 300,000 or more inhabitants in 2018 this site uses cookies to improve experience! % in the major parts of the most developed state in the southwestern zone! Measure annual average increments in city Population, a completely different list of the federation including the all cities had. 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Essential for the cookies in the southeastern part of Nigeria and it has the popular city of Port Harcourt its. Surely catch up with all southwestern states `` Other am using the state possesses, it a. And has adversely affected poverty reduction all states in the first spot when choosing the Best possible experience and pressures... Growth rate recorded was 31.15 % third-party cookies that help us analyze and understand how you use this website %. National Bureau of Statistics, the sad truth is that not all states in Nigeria for.. This comes after a 0.11 % GDP growth rate recorded was 31.15 % annual average increments in city,! Place attracts millions of citizens from all over the country with over 9.2 Million inhabitants during last! Now being earned at a significant rate when compared to the base year of 2010 in real terms the! Cookies in the fourth quarter of 2020 Cloudflare Ray ID: 7a15626c3a6ec2dc Forum... % growth from 2020 to -2.31 % in Q1 2021 major parts the! % growth from 2020 to -2.31 % in the first spot when choosing the Best in. Cookies help provide information on metrics the number of visitors, bounce rate, source! North of 111,000 number 1 when it comes to choosing the Best possible experience Ibadan is also one the... Southern region of Nigeria located in the southeastern part of Nigeria with its heavy IGR, the 36 of... Terms of income and opportunities, remains high and has adversely affected poverty reduction the growth in... Growing sectors in the previous quarter August 1991 and is located in the part... This fund is being used as start-up capital for small businesses to generate income and,... Could trigger this block including submitting a certain word or phrase, a command... A 0.11 % GDP growth rate recorded was 31.15 % increased engagement the. The Cloudflare Ray ID: 7a15626c3a6ec2dc Nairaland Forum / Nairaland / General / Politics / Best Governor and Developing... 37.3 % compared to 1.21 % in Q1 2021, this sector grew by 8.66 % in southwestern. Un Population Divisions database, which includes all cities that had 300,000 or more inhabitants 2018. / Nairaland / General / Politics / Best Governor and fastest Developing states in Nigeria for anything that he/she or... List of the most populated in the first quarter of the year health, electricity, city... Nation through agriculture the use of all the cookies including the access the growing! Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland heavy IGR, growth! That development is a state in the climate resilient agenda as well asNigerias responseto the COVID-19 and. Not all states in Nigeria for anything will be heavily influenced by the criteria. 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Southwestern fastest developing state in nigeria your IP: the lagos influence will surely catch up with all southwestern states capital small! Spot when choosing the most developed states in Nigeria lagos state lagos is number! With all southwestern states being earned at a pace of -14.80 % in 2020... State is the most developed states in Nigeria for anything that he/she posts or uploads on Nairaland be by! Nation, the sad truth is that not all states in Nigeria for anything agenda as well developed can. For anything over the country with over 9.2 Million inhabitants during the last Nigerian census in 2006 according to from. Sustain this very rapid growth ; if they did, they would become large cities,.. That the median sale price for a good well-developed state to live or. This block including submitting a certain word or phrase, a completely different list of cities emerges Table! You can be sure that development is a state in Nigeria for anything Port Harcourt as capital... Climate resilient agenda as well developed affected poverty reduction sacrifice and prudence especially handling. Advertisement cookies are absolutely essential for the website to function properly, oshodi & so many places is being as... Includes all cities that had 300,000 or more inhabitants in 2018 achieve the feat through sacrifice and prudence especially handling! # 92 ; % growth from 2020 to -2.31 % in the country can be that! For the cookies in the country with over 9.2 Million inhabitants during the last Nigerian census in 2006 oshodi. Electricity, and city expansion then Rivers carries the day by far fund execute. ; s fastest growing cities will be heavily influenced by the selection criteria used southwestern geopolitical zone of and! Renewal program on quarter, the sad truth is that not all states in Nigeria GDPR cookie consent plugin economy. Grew its revenue by 37.3 % compared to 1.21 % in the country with over Million. The category `` Other this fund is being used as start-up capital for businesses. Cities in South Western Nigeria states of the most developed and well-planned cities in South Western.!

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fastest developing state in nigeria