This indicates a positive trend in this sector; however, the Nigerian power outage epidemic is a large enough gap to be filled and could be very profitable for those who invest in a solution. It also represents a 29.5% reduction compared to N9,393 recorded in 2019. 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 . You also have the option to opt-out of these cookies. 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. 22 January 2021 | Go to owerri and see what the man is doing there. 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. Smh, Akwa Ibom state governor, Godswill Akpabio. Investing in Human Capital and harnessing Nigerias demographic dividend. 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. Yes Akwa Ibom. But opting out of some of these cookies may affect your browsing experience. Table 1 lists the cities with the largest average annual population growth rates. The cookies is used to store the user consent for the cookies in the category "Necessary". Link Copied! By 2020, for the 20 fastest growing cities, only five (Abomey-Calavi, Abuja, Nnewi, Matola and Mwanza) had reached a million inhabitants. 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). Ogun state is the only state that borders Lagos. 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. The state occupies an area of 7,081 km and its capital city is Uyo, In 2016 according to censor statistics it has a population of 5.451 million people. 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. 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. I know how much I spend in Diesel. Who has done that in Nigeria. Providing these for a range of cities is at the centre of the African Cities Research Consortiums work, with the first set of city scoping studies now available to download. 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. Ibeju-Lekki area's development is rapid and ongoing; some even refer to it as "New Lagos." . 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 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). 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. Although Abuja is not technically a Nigerian state, its status as the Federal Capital Territory of the country justifies it inclusion on this list. 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. Abuja also maintained second on the list in terms of total IGR generated in the period with N60.07 billion in H1 2021, representing a 96.2% increase compared to N35.21 billion recorded in the corresponding period of last year. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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. While the economy is projected to grow at an average of 3.2% in 2022-2024, the growth outlook is subject to downside risks including further declines in oil production and heightened insecurity. 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. 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 have been recent improvements in infrastructure by the current state governor and Ogun state is also one of the most developed states in Nigeria. As the nations capital, you can be sure that development is a must at least in the major parts of the city. A citys population growth is usually measured by its annual average population growth rate. Abuja and Port Harcourt in Nigeria, cities with high fragility scores, are ticking along at 6.2\% and 5.1\% respectively. You can email the site owner to let them know you were blocked. The state is one of the most developed states in Nigeria. As at 2014, Nigeria was the 26th biggest economy in the world. Lagos state is one of the most developed states in Nigeria, it is a state in the southwestern geopolitical zone of Nigeria. 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!! The goal will be to overachieve quarter in, quarter out. The capital city of Anambra is Awka and has Onitsha as the busiest commercial city which generates huge IGR for the state. This issue could be attributed mostly to the mismanagement of public funds by state government officials, low internally generated revenue (IGR), misuse of public property by inhabitants of these states, and more. Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day Nigeria. 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. 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. 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. This list should ease your search if youre currently looking for a good well-developed state to live in or do business in Nigeria. 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. The uncertainty is also expected to be accompanied by high inflation and continued fiscal and debt pressures. The opening ceremony was presided . In this article brought to you by TheNigerianInfo Media, we will be revealing a list of the most developed states in Nigeria right now (in no particular order) and also some details about these states. Abia state was founded on 27th, August 1991 and is located in the southeastern part of Nigeria with its capital city Umuahia. 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. Cloudflare Ray ID: 7a156263bd46c2e1 It does not store any personal data. Uyo the capital city of this state is the most developed of all the cities in Akwa Ibom state. President Muhammadu Buhari will complete his second term in office on May 29th, 2023. In each of these cities, there are varied and ever-changing specific local contexts and subtleties, and changing external influences. But most do not sustain this very rapid growth; if they did, they would become large cities. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. 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 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. This is according to analysis carried out by Nairalytics, the research arm of Nairametrics. 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 World Bank Group works in every major area of development. Every state has its own Internally Generated Revenue (IGN) though some solely depend on the Federal Government to get things done we should place our focus on states with good IGR and compare the level of their development. 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 .. Akwa Ibom state is a very rich and well-developed state in Nigeria. 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. Your IP: adunit = 'nairametrics.com_336x336_responsive_DFP', Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. Abeokuta and Ogun state are largely open to business in the areas of Agriculture, Manufacturing, Education and other . 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. However, you may visit "Cookie Settings" to provide a controlled consent. 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). 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. 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. 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. 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