The World Bank is helping to fight poverty and improve living standards for the people of Nigeria with more than 130 IBRD loans and IDA credits since 1958. 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. To learn more about cookies, click here. 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. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. 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. 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. Many small cities have doubled their population in ten years for instance, as they take on new government functions or develop as tourist centres. Kano state is also one of the most industrialized states in Nigeria as it has a business-friendly environment. By 2020, for the 20 fastest growing cities, only five (Abomey-Calavi, Abuja, Nnewi, Matola and Mwanza) had reached a million inhabitants. The coal city as it is fondly called is another state on our list of the most developed Nigerian states. 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 sector has seen an upward trend with a slight dip in 2020 Q4 of 1.94 from its 2.1 in the previous quarter. This vlog covers the various investment opportunities in Imo s. You can read the previous ranking for the year 2020 here. The capital city of Anambra is Awka and has Onitsha as the busiest commercial city which generates huge IGR for the state. 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 . Other agricultural commodities the nation depends on like pepper, millet, rice, and many more are from Kano state and this has really helped the state to have a good IGR and also assist the countrys economy. 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 states population estimated was based on figures from the Central Bank of Nigerias statistical bulletin, while further projections were made by Nairalytics following their respective population growth rate. If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. But if we measure annual average increments in city population, a completely different list of cities emerges see Table 2. 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. Best Governor And Fastest Developing States In Nigeria? As the number one manufacturing hub in Nigeria, Ogun state remains one of the go-to states in Nigeria for job seekers and fresh graduates. Click to reveal The major reason why Abia state appears on our list of the most developed states in Nigeria is because of the visible presence of many industries in the state. 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. Abia state is the first from behind. Here are the fastest-growing sectors in Nigeria in Q1 2021. 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. Nigeria is a beautiful and developing nation made of many states, cities, and communities which contribute their quota to the development of the country. Re: Best Governor And Fastest Developing States In Nigeria? The uncertainty is also expected to be accompanied by high inflation and continued fiscal and debt pressures. If you were searching for a well researched and comprehensive list of the most developed states in te country, we hope you found this article helpful. The top 3 States are Lagos, Abuja and Ogun state. CLIMATIC RESILIENCE: The Nigeria Erosion and Watershed Management enhanced Nigerias capacity on the preparedness to respond to natural hazards, climate risks and natural disasters, which has led to the following; About 2,201 hectares of the land area have been reclaimed in the immediate gully site micro-catchments as at June 2020, including reclamation and afforestation programs across northern states. 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. There are a lot of industries originally intended for Lagos that are now situated in Ogun. 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. From the rate reported in the equivalent period of 2020, there was a decline of -1.18 % points in the quarter. Anambra also has some places of interest like the Ogbunike Cave, Agulu Lake, Onitsha Bridge, Basilica of the Most Holy Trinity Cathedral, Igboukwu Museum, and many more. Top Ten (10) Poorest States in Nigeria 2019:-. Oyo State was founded on the 3rd, of February 1976, and covers an area of 28,454 km. The Lead. 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. Anambra state has a clean and serene environment and good weather conditions to spice it up and the state is blessed with expensive and valuable natural resources like crude oil, natural gas, bauxite, ceramic, and many more. It is striking how few of the worlds fastest growing cities are also among the largest. It does not store any personal data. Nevada was the only . 1. MDaas has now expanded its reach to 10 out of 36 states in Nigeria, with a total of 15 diagnostic centres and 2 affiliate partners across these states. Among theother cities in Table 1, three (Matola, Abomey-Calavi and Ruiru) are suburbs of larger cities, one is within a larger city (Gwagwalada within the Federal Capital of Nigeria) and nine are provincial/state capitals (Mwanza, Lokoja, Malanje, Cuito, Mekele, Songea, Bunia, Kabinda and Mbouda). This bold step has enabled me to achieve what I am doing today, he said. Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. Unusually, it is likely to remain one of the fastest growing cities in Africa in terms of both criteria annual population growth and annual average increments in population. According to data from the National Bureau of Statistics, the 36 states of the federation including the . Looking at Table 1, Abuja, Nigerias capital, features because it concentrates power and wealth in the largest economy in Africa. The state is highly rich in infrastructure development with a serene and green environment. 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. 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. I know how much I spend in Diesel. 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. This website is using a security service to protect itself from online attacks. However, apart from the clear exception of Lagos State, all others depend largely on statutory allocations to run their state affairs. 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. Your IP: The action you just performed triggered the security solution. Very large cities, with more people moving out than moving in during 2000-2020, still had large annual average increments in their populations, because of their very large size and rate of natural increase. 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. 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. 16 States now have improved erosion risk maps, towards ensuring better-quality catchment management plans prepared for 31 sites across States. Construction increased by 1.42% in the fourth quarter of 2020, compared to 1.21% in the previous quarter. 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. what about Uncle Fash of Lagos? While comparing to N5,135 recorded in H1 2019, it increased by 73.5%. 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. Team Biafra is the most and fastest developing town. 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. But most do not sustain this very rapid growth; if they did, they would become large cities. It is bounded by Benin republic and other South Western states which includes Kwara, Osun, and Ogun States. 22 January 2021 | thant. By clicking Accept All, you consent to the use of ALL the cookies. Manufacturing has recovered from the recession, rising at a rate of 3.4%. All had fewer than a million inhabitants; four had fewer than 100,000. 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. Enugu is one of the most developed cities in the South-Eastern part of the country. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. The scale of their population increment is astonishing: Kinshasa acquiring an average of 410,000 new residents a year between 2000 and 2020; Cairo 364,000; Lagos 354,000 (see Table 2). Top 10 Most Developed States In Nigeria (Updated Ranking). 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. Only these same five cities were among Africa's 100 largest cities. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. The Governor, who stated this while addressing a two-day retreat for members of his executive council and senior aides, said that to achieve this end, his . 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)? Ogun state is the only state that borders Lagos. As the nations capital, you can be sure that development is a must at least in the major parts of the city. Lagos state is one of the most developed states in Nigeria, it is a state in the southwestern geopolitical zone of Nigeria. The most developed state in Nigeria: Top 10 Here comes our selection of some of the best places to live in now. 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. Sokoto. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. 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 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. Table 1 lists the cities with the largest average annual population growth rates. 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. 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. 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. Abuja, Anambra and Rivers States are in the second, third and fourth places consecutively. Fastest Developing town the recession, rising at a rate of 3.4 % of some of worlds..., Osun, and covers an area of 28,454 km in city,. Part of the most developed Nigerian States the fastest-growing sectors in Nigeria the only state that borders Lagos be that... Top 3 States are Lagos, Abuja, Anambra and Rivers States are Lagos Abuja! 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