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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. childNetworkId = '21634543682', One of Nigeria's fastest growing commercial bank, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun State. Performance & security by Cloudflare. IGR per population estimates the average amount of revenue generated by the government of the state per individual living in the state. 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. The commercial centre of the country continues to contribute the giant share in terms of state internally generated revenue. Apart from the noticeable infrastructural development which is present in this state, Anambra is also blessed with a vast number of natural resources which include natural gas, crude oil, bauxite, and ceramic. 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. Abuja and Port Harcourt in Nigeria, cities with high fragility scores, are ticking along at 6.2\% and 5.1\% respectively. Enugu State popularly known as The coal city was founded on 27th, August 1991 is a southeastern state of Nigeria. Which is the fastest developing town in Nigeria? 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. 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. 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. 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. 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. 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). Nairaland Forum / Nairaland / General / Politics / Five Top Fastest Developing States In Nigeria That Are Undisputable (61611 Views) 10 Most Developing States In Nigeria - Opinion / Lagos Pays Salary Before 23rd Of The Month, The Only State In Nigeria That Does / Oil Producing states In Nigeria - The Facts and Figures. Oyo State is a South-Western region state and it also made it on our list of the top 10 most developed states in Nigeria. Among Nigerian state governors, who is the best in terms of works and development also which is the fastest developing states in 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. This fund is being used as start-up capital for small businesses to generate income and improve their livelihood. 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. 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. Although Abuja is not technically a Nigerian state, its status as the Federal Capital Territory of the country justifies it inclusion on this list. 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. 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. Nairaland Forum / Nairaland / General / Politics / Best Governor And Fastest Developing States In Nigeria? You just name it! While Nigeria has made some progress in socio-economic terms in recent years, its human capital development ranked 150 of 157 countries in theWorld Banks 2020 Human Capital Index. 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. Abuja is the capital city of Nigeria and it isnt a state, so do not make the mistake of calling Abuja a state. South South has to be Akpabio. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. 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. 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 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. We all know that Abuja is not one of the states in Nigeria, but who compiles a list of the most developed places in Nigeria without including the countrys capital Abuja? The action you just performed triggered the security solution. The state also boasts of a very outstanding GDP based on oil deposits and other minerals in Akwa Ibom state. 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. 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()? If you continue to navigate this website beyond this page, cookies will be placed on your browser. Kano state is also one of the most industrialized states in Nigeria as it has a business-friendly environment. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. 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. 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. Smh, Akwa Ibom state governor, Godswill Akpabio. Sunday, 19th February 2023. I know how much I spend in Diesel. The state is highly rich in infrastructure development with a serene and green environment. Copyright 2018 - 2023 TheNigerianInfo. Apart from the vast human resources that the state possesses, it also contributes to the development of the nation through agriculture. Tables 1 and 2 draw from the UN Population Divisions database, which includes all cities that had 300,000 or more inhabitants in 2018. The cookie is used to store the user consent for the cookies in the category "Analytics". Ogun state apart from being a border state enjoy no other advantage however there are other border States that are lagging, which explains why I rate Ogun State higher when I contextualize all the variables responsible for growth in IGR. Out of Africas 20 largest cities, Lagos, Nigeria had the third highest growth by annual population increase in 2020. 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. 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. Click to reveal The World Bank Groups support is structured around several priorities as highlighted in the CPF which aims to promote diversified growth and job creation, with a focus on youth, women, and the poor in marginalized areas, and social inclusion, through higher quality and efficiency in social service delivery at the state level. Delta State recorded an IGR per population of N6,309 in H1 2021, increasing by 31.7% year-on-year compared to N4,791 recorded in the previous year. The city was largely built in the 1980s and is dominated by Aso Rock where the president of Nigeria stays. Ogun State Government has declared that this years budget is aimed at sustaining the states economic agenda and making it the fastest growing in the country. The state has borders with Kwara, Benin Republic, Osun, and Ogun State. Enugu state is one of the most developed states in Nigeria as the state has various commercial activities taking place in it which have been the source of its IGR. 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. Reducing Fragility and building Resilience. 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. 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 goal will be to overachieve quarter in, quarter out. This place attracts millions of citizens from all over the country. . As a developing nation, the sad truth is that not all states in the country can be seen as well developed. Nevada was the only . This Is the fastest Developing City In Nigeria - Akwa Ibom State 10,565 views Premiered Aug 24, 2021 196 Dislike Share Save wowneche 82K subscribers Heeeey WOWNECHE SQUAD It's another. Notwithstanding, the fact that MSMEs play a critical role in job creation and are the live wire of the Nigerian economy, they need to be encouraged to do more. By clicking Accept All, you consent to the use of ALL the cookies. Nigeria is a multi-ethnic and culturally diverse federation of 36 autonomous states and the Federal Capital Territory. Travel to events and conferences worldwide, presenting on booths and driving face-to-face marketing and sales . 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. Partners in Nigeria include: African Development Bank (AFDB); Canadian International Development Agency (CIDA); European Union (EU); French Development Agency (AFD); German Agency for International Development (GIZ); German Development BankKfW; International Monetary Fund (IMF); Islamic Development Bank; Japan International Cooperation Agency (JICA); UK Department for International Development (DfID); United States Agency for International Development (USAID); Bill & Melinda Gates Foundation; and the Agencies of the United Nations, particularly the UNDP and UNICEF. You can email the site owner to let them know you were blocked. Contact me - onyekachi@thenigerianinfo.com.View Author posts. 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. 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. The southeast continues to witness unrest resulting from separatist agitations. 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. It is bounded by Benin republic and other South Western states which includes Kwara, Osun, and Ogun States. Rivers State is founded on 27th, May 1967, and has since been one of the major oil-producing states in Nigeria its inception, though with its riches from crude oil we expect the state to be the most developed state in Nigeria, even as it isnt we cant except the state from our list because it is also well-developed. Ben Ayade for allowing a level playing field at the Cross River North senatorial election of Feb. 25. Abuja is the federal capital territory of Nigeria which is located at the center of the Nigeria map. 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. You can read the previous ranking for the year 2020 here. 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. The largest cities must have been among the fastest growing cities in the past, otherwise they would not be among the largest cities today. Here is a comprehensive list of the top ten most developed states in Nigeria at present, so if you have been wanting to know the most developed states in Nigeria, here is an answer to your question. The uncertainty is also expected to be accompanied by high inflation and continued fiscal and debt pressures. The amount saved from the FADAMA enterprises was over $200,000 as at 2019, Export of over 10,000 metric tons of smoked fish and other Agric-products, 3,102 hectares received improved irrigation services through the ongoing rehabilitation of 3 dams located in Sokoto, Zamfara and Kano states under the Transforming Irrigation Management in Nigeria project. 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. Just like Ogun state, Oyo state is also known to have a high number of industries and it has the 4th largest economy in Nigeria around 2018. With this expansion, which happened in 2022 . The state is referred to as the economic capital of West Africa and its motto is Centre of Excellence, Lagos is undoubtedly the most developed state in Nigeria. Since 2021, Nigeria is also unable to benefit from the surging global oil prices, as oil production has fallen to historic lows and petrol subsidy continues to consume a larger share of the gross oil revenues. Idaho was the fastest-growing state with 2.9\% growth from 2020 to 2021. Inequality, in terms of income and opportunities, remains high and has adversely affected poverty reduction. 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. rounded out the top three fastest-growing cities in the U.S. for millionaires . These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. These cookies will be stored in your browser only with your consent. 22 January 2021 | But if we measure annual average increments in city population, a completely different list of cities emerges see Table 2. The cookie is used to store the user consent for the cookies in the category "Performance". Sen. Jarigbe Agom-Jarigbe on Wednesday in Calabar commended Cross Rivers Gov. I have not borrowed any money; neither is Imo owing any bank or institution. Nigeria is a beautiful and developing nation flourishing with various natural resources and manpower. South-South region followed with an average of N4,626.99 revenue per individual, having recorded an 8.8% increase from N4,253 recorded in the previous year, closely followed by North Central with N3,745.83. You can email the site owner to let them know you were blocked. 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). The African Development Banks (www.AfDB.org) Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new groundbreaking institution that will significantly enhance Africas access to the technologies that underpin the manufacture of medicines, vaccines, and other pharmaceutical products. Though all Nigerian states cant really be called developed to an extent because there is much to be done before they can be compared to other countries to some extent, some states in Nigeria are well developed than others. This can be seen in City Populations country reports, which include all urban centres. Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day Nigeria. This cookie is set by GDPR Cookie Consent plugin. If we had used a lower population threshold as a criterion for inclusion, this would have changed the list of the fastest growing cities. Is Africa really going to have dozens of 10-million-plus mega-cities, as some projections suggest? As a Sales Development Representative you will: Handle inbound customer inquiries across all channels (email, phone, chat) Execute various outbound sales & marketing campaigns. Its a capital city Ibadan is also one of the most developed and well-planned cities in South Western Nigeria. 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. 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. The two major cities in this state are Umuahia which is the capital city and Aba which is a major commercial city located at the heart of Abia state. 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. Your IP: 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)? You also have the option to opt-out of these cookies. According to the UN, in 2022, 126 countries were considered "developing." All developing countries were located in either Africa, Asia, or Latin America and the Caribbean. 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. 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. . If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. The countrys capital followed on the list with an average IGR per population of N12,173 in the first half of the year. I am using the state fund to execute all my projects for the state especially the new urban renewal program. 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. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. 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. Within 6months he has constructed roads that past governors did not do in 8years. Trade contracted more slowly. Team Biafra is the most and fastest developing town. With Nigerias population growth continuing to outpace poverty reduction, the number of Nigerians living in extreme poverty is set to rise by 7.7million between 2019 and 2024. 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. Uyo the capital city of this state is the most developed of all the cities in Akwa Ibom state. 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. He said Imo was able to achieve the feat through sacrifice and prudence especially in handling public fund. One of the most stunning infrastructural projects in this state is the Godswill Akpabio International Stadium which is arguably the best stadium in Nigeria and one of the best in Africa right now. Evidently then, many of the fastest-growing cities are still relatively small. Looking at Table 1, Abuja, Nigerias capital, features because it concentrates power and wealth in the largest economy in Africa. The lack of job opportunities is at the core of the high poverty levels, regional inequality, and social and political unrest. 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. See How To Advertise. Since its creation, Anambra has proven to be one of the most highly placed states, hence its slogan which reads Light of the nation. Lake Powell hit its lowest level in decades last year, but Washington County in Utah needs water to keep growing. thant. 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. 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. 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.
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