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. 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. 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. The World Bank Group works in every major area of development. 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. This cookie is set by GDPR Cookie Consent plugin. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Idaho was the fastest-growing state with 2.9\% growth from 2020 to 2021. 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. For instance, people who had been evicted from their homes in Abuja accounted for part of the very rapid growth in Gwagwalada. Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. This comes after a 0.11% GDP growth rate in the fourth quarter of 2020, which effectively pulled Nigeria out of recession. Edo state is the fastest developing state in Nigeria and the governor is Adams Oshiomolem.. After Amaechi leaves office he cant be president of boys scout of nigeria talkless of Nigeria. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Ondo state should probably be among the top 4 if proper measures were taken. In the first quarter of 2021, the sector grew at a real-term pace of 6.47 % year over year. These are industries where profits are now being earned at a significant rate when compared to the base year of 2010 in real terms. in terms of development ROCHAS is doing well. Re: Best Governor And Fastest Developing States In Nigeria? Abuja is the federal capital territory of Nigeria which is located at the center of the Nigeria map. The state, which was in the second position in the previous year, moved two steps downward as its IGR for H1 2021 dropped by 11.2% from N64.59 billion recorded in H1 2020 to N57.32 billion in the period under review. If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. i beg lets do this country good by voting for Uncle fash for president. Sunday, 19th February 2023. The coal city as it is fondly called is another state on our 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. No doubt about it, Abuja would always be the NO1 focus of the federal government as it is the capital city of Nigeria so much will money will definitely be pumped into the city every year. The state is the NO1 manufacturing hub in Nigeria as most of the basic things we use are made in Ogun State and this has really helped with its IGR and is also the most sought-after place for job seekers and graduates. Ogun states capital city is Abeokuta which is well-developed and has many rich and modern infrastructures to show for it. 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. 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. 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. The WBG is an active partner in donor coordination. 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. 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. In the same manner, its IGR per population increased by 26.6% from N14,337 recorded in H1 2020 to N18,144 in the review period. . When it comes to agriculture, Kano State is a state that focused on agriculture and human resources, having groundnuts as the major agricultural products and also other agro commodities. rounded out the top three fastest-growing cities in the U.S. for millionaires . So it is not surprising that most of the cities in Table 1 had a relatively small population in 2000. 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. Copyright 2018 - 2023 TheNigerianInfo. In the previous three quarters, Nigerias telecommunication industry has been the main engine of economic development and has played a key role in bringing the country out of recession. 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. 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 %. 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. Strengthening the Foundations of the Public sector. 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. In 2018, 40% of Nigerians (83 million people) lived below the poverty line, while another 25% (53 million) were vulnerable. I witness when they were paying primary and secondary students there monthly snacks allowance. Travel to events and conferences worldwide, presenting on booths and driving face-to-face marketing and sales . 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. Smh, Akwa Ibom state governor, Godswill Akpabio. 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 News Agency of Nigeria (NAN) reports that this makes it the 8th Branch established by the bank within nine months of existence. These cookies track visitors across websites and collect information to provide customized ads. From the rate reported in the equivalent period of 2020, there was a decline of -1.18 % points in the quarter. Kano state was founded on 27th, May 1967, and covers an area of 20,131 km. 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. 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 cookies is used to store the user consent for the cookies in the category "Necessary". Ibeju-Lekki area's development is rapid and ongoing; some even refer to it as "New Lagos." . Manufacturing has recovered from the recession, rising at a rate of 3.4%. 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. 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. I was able to fund such projects following my unconventional style of administration that has blocked all financial leakages, the statement quoted the governor as saying. The contribution of Mining and Quarrying to real GDP in the quarter under review stood at 9.28%, lower than the rate of 9.54% recorded in the corresponding quarter of 2020 but higher than the 6.09% recorded in the fourth quarter of 2020. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. However, the bullish momentum of oil bolstered Nigerias recovery and economy. No one can take it away from Sullivan Chime of Enugu State..our very own silent achiever..When u visit Uyo, it looks like Iran of old with Akpabio billboards proclaiming dividends as if he's doing them a favour..every where u see the man praising himself or psycophants praising him with pictures of abandoned, commissioned & yet to be commissioned projectsAmaechi's problem is that he hardly completes any of his projects..too many at a time & his concept of ''Rivers people, Rivers money''has not really helped cos u find indigenous contractors hardly able to execute a decent job..I Have worked in all these places for quite a while & i can tell u what i know bout these state govsChime has transformed Enugu & note, with very little available resources compared to Akwa Ibom and Rivers.i'm not an indigene of Enugu State neither am i a member of the PDP but i tell u, its good to encourage performance when u see one. 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. 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. AGRICULTURE: The World Banks support for the agricultural sector, including through the Commercial Agriculture Development Project, the Transforming Irrigation and Water Resources Management Project and West Africa Agriculture Productivity Projecthas helped Nigeria strengthen agricultural production: Over 7 million farmers received improved agricultural technology, Farmers cultivating tomatoes and rice contributed 26% and 14.27%, to national production respectively, in 2019, Cassava farmers realized more than $55 million as revenue and a gross margin of over $36 million in 2019, Rice, sorghum and tomatoes farmers realized gross margins of over $288 million, $169 million, and $53 million respectively, A Farmers Microfinance Bank birthed from FADAMA gives loans at low interest rate of 3.5% for business startup and expansion, with 80% recovery rate. Lake Powell hit its lowest level in decades last year, but Washington County in Utah needs water to keep growing. But most do not sustain this very rapid growth; if they did, they would become large cities. 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. 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. Notably, Lagos State accounted for 31.5% of the total internal revenue generated by the 36 states of the federation including the FCT. Nigeria is also one of the International Finance Corporations (IFC) fastest growing portfolios in the region. Nigeria is a beautiful and developing nation flourishing with various natural resources and manpower. The state is one of the most developed states in Nigeria. The opening ceremony was presided . The sector has seen an upward trend with a slight dip in 2020 Q4 of 1.94 from its 2.1 in the previous quarter. You can read the previous ranking for the year 2020 here. Amidst global commodity shocks, a depreciating currency, trade restrictions, and monetization of the deficit, inflation is surging and pushing millions of Nigerians into poverty. Inequality, in terms of income and opportunities, remains high and has adversely affected poverty reduction. Promoting Jobs and Economic Transformation and Diversification. Performance & security by Cloudflare. Photo credit: Peeterv / iStock. This cookie is set by GDPR Cookie Consent plugin. It also represents a 29.5% reduction compared to N9,393 recorded in 2019. The performance of the Communications industry was the cause for the weak GDP growth in the first quarter of the year. See How To Advertise. Within and outside Nigeria people for a fee within and outside Nigeria the fastest-growing state with 2.9 & # ;! 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