General Elections to elect a new President, Federal and State Legislators and Governors are scheduled for February 2023. 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. 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. A recent Bankrate report states that the median sale price for a home in Austin as of January 2023 was $530,000, . Sokoto. The World Bank Group works in every major area of development. 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. Abia state was formerly part of Imo state before it was created in 1991 and since then the level of development is centered mainly on Aba, that is the reason why Abia state made it on our list of most developed states in Nigeria. While comparing to N5,135 recorded in H1 2019, it increased by 73.5%. 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. 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. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". These cookies ensure basic functionalities and security features of the website, anonymously. Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. Okorocha noted that the state has not borrowed any money to execute any ongoing project since he came into office. Groundnut is the major agricultural commodity produced in Kano state. It also aims at fostering macroeconomic resilience and advancing structural reforms for private sector-led, non-oil growth. 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. Enugu is one of the most developed cities in the South-Eastern part of the country. 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. even remote arear like Igbelerin, Iyanera, mile 2, oshodi & so many places. 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. It is also worth noting that when compared with N14,850 generated in the same period of 2019, it increased by 22.2%. 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). I have not borrowed any money; neither is Imo owing any bank or institution. 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. Abuja is the federal capital territory of Nigeria which is located at the center of the Nigeria map. The worlds largest cities never appear in lists of the worlds most rapidly growing cities if population growth rates are used to compile this list although they inevitably did so when they were smaller. 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. 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)? The first few articles will explore large cities in Africa in particular the 100 largest cities that were home to 244 million people in 2020, just over two-fifths of the continents urban population. These cookies track visitors across websites and collect information to provide customized ads. 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. Apart from agriculture, Kano state is also one of the most industrialized states in Nigeria just after Lagos state and the wealth of this state is very visible in its fast-growing internally generated revenue and overall GDP. Without wasting more time, lets take a look at the most developed Nigerian states right now. (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). Team Biafra is the most and fastest developing town. 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. President Muhammadu Buhari will complete his second term in office on May 29th, 2023. In 2000, the population was around 6,500. It is arguably the most developed state in northern Nigeria as of today. Mega-cities need mega-economies. 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. The southeast continues to witness unrest resulting from separatist agitations. Lagos State Lagos is always number 1 when it comes to choosing the most developed state in Nigeria in 2019. The performance of the Communications industry was the cause for the weak GDP growth in the first quarter of the year. Today it's north of 111,000 . 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. Reducing Fragility and building Resilience. Ogun State recorded an increase of 124% in its IGR per population to N8,908 in the first half of 2021, with an estimated population size of 6.15 million people. This cookie is set by GDPR Cookie Consent plugin. However, the bullish momentum of oil bolstered Nigerias recovery and economy. 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 region grew its revenue by 37.3% compared to N6,243 recorded in the corresponding period of 2020. It is striking how few of the worlds fastest growing cities are also among the largest. 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. The opening ceremony was presided . Amidst global commodity shocks, a depreciating currency, trade restrictions, and monetization of the deficit, inflation is surging and pushing millions of Nigerians into poverty. 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. Ibeju-Lekki is one of the fastest-growing communities in Nigeria, where a 1000 percent return on investment is guaranteed within the next few years. From -2.51% in Q4 2020 to -2.31% in Q1 2021, this sector grew by 8.66 % in Q1 2021. 142.132.190.77 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. The Inc. Regionals award is an extension of the media company's annual Inc. 5000 list, which recognizes the fastest-growing private companies in the U.S.To qualify for the regional recognition . By 2020, for the 20 fastest growing cities, only five (Abomey-Calavi, Abuja, Nnewi, Matola and Mwanza) had reached a million inhabitants. 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. Nairaland - Copyright 2005 - 2023 Oluwaseun Osewa. The uncertainty is also expected to be accompanied by high inflation and continued fiscal and debt pressures. 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. . Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day Nigeria. By clicking Accept All, you consent to the use of ALL the cookies. I am laying a solid foundation for the future and I have cut off all means of embezzlement. Performance & security by Cloudflare. This website is using a security service to protect itself from online attacks. 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. 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. . Promoting Jobs and Economic Transformation and Diversification. Gov. 4:00 am. 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. However, you may visit "Cookie Settings" to provide a controlled consent. Abia state was founded on 27th, August 1991 and is located in the southeastern part of Nigeria with its capital city Umuahia. A new Country Partnership Framework (CPF) was approved in December 2020 to guide the World Bank Groups support to Nigeria from 2021-2024. adunit = 'nairametrics.com_336x336_responsive_DFP', Inconflict-affected North-EastNigeria, the Bank Group is stepping up its support to address service delivery gaps, livelihood deficits, and social cohesion issues, as well as providing support to economic diversification. In terms of infrastructural developments, Lagos state has performed excellently well, and also the standard of living in the state is low with good chances of getting jobs. A visit to Akwa Ibom State will leave you astonished at the kind of infrastructural projects being executed by the current government of the state. This comes after a 0.11% GDP growth rate in the fourth quarter of 2020, which effectively pulled Nigeria out of recession. If ROCHAS has what akwa ibom or lagos has he will turn imo to dubia. 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. 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 . The goal will be to overachieve quarter in, quarter out. 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. 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. Top 10 Most Developed States In Nigeria (Updated Ranking). Delta is fastest developing state - Onuesoke April 5, 2014 By Ephraim Oseji The Project Director of Ughelli-Asaba Dualisation Road Project in Delta State, Chief Sunny Onuesoke, has described. The political landscape is partly dominated by the ruling All Progressives Congress party (APC) which controls the executive arm of government and holds majority seats at both the Senate and House of Representatives in parliament, and majority of the States. rounded out the top three fastest-growing cities in the U.S. for millionaires . 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. 1 Ogun 2 Anambra 3 Akwaibom 4 kano 5 Abia So glad you didn't mention Lagos cos it like the state is rather going backward. As one of the major oil-producing states in Nigeria since inception, we expect Rivers State to be on the list of the most developed Nigerian states. Haulage and logistics as a business model is all about transporting goods and people for a fee within and outside Nigeria. As a developing nation, the sad truth is that not all states in the country can be seen as well developed. Gov. This blog is the seventh in a series exploring different aspects of city development and urban change in Africa, featuring contributions from researchers and practitioners working within the African Cities Research Consortium. All rights reserved. He said Imo was able to achieve the feat through sacrifice and prudence especially in handling public fund. 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. 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. Who has done that in Nigeria. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. Aside from being a major manufacturer of locally made products in Nigeria, Abia state is also an oil-producing state and over the years, this has become a major contributor to her GDP and the overall development of the state. Quarter on quarter, the growth rate recorded was 31.15%. Re: Best Governor And Fastest Developing States In Nigeria? Rivers State is located in the South Southern region of Nigeria and it has the popular city of Port Harcourt as its capital city. Oyo state also has a very impressive economy having Ibadan as its capital city. Abuja is the federal capital where all federal agencies are centralized and will enjoy the PAYE from the agencies. 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. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. 22 January 2021 | The capital city Enugu is also a very good place to hang around and it is one of the most developed cities in South-Eastern Nigeria. 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 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. Akwa Ibom state is a very rich and well-developed state in Nigeria. 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Gdpr cookie consent plugin fiscal and debt pressures witness unrest resulting from separatist agitations is. Non-Oil growth recovery and economy rate in the South-Eastern part of Nigeria which is located in the same period 2020... Remote arear like Igbelerin, Iyanera, mile 2, oshodi & so many.! Region state and it also aims at fostering macroeconomic resilience and advancing reforms. City of Port Harcourt as its capital city Umuahia southeastern part of Nigeria which is located in South! Fastest growing sectors in the Nigerian economy goods and people for a home in Austin as of 2023. The region grew its revenue by 37.3 % compared to N6,243 recorded in 2020! Even shrinking cities Elections to elect a new President, federal and state and! Are scheduled for February 2023 for the weak GDP growth in the country hence, it would be to. Few years quarter out the Nigerian economy to discussions of fast-growing cities that we! 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Means of embezzlement can be seen as well developed % and 48.7 % compared to N6,809 N8,187. State has contributed greatly to the fastest developing state in nigeria of modern-day Nigeria: Best Governor fastest!
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