fastest developing state in nigeria
Strengthening the Foundations of the Public sector. 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. 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. Abuja is the capital city of Nigeria and it isnt a state, so do not make the mistake of calling Abuja a state. 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 comes after a 0.11% GDP growth rate in the fourth quarter of 2020, which effectively pulled Nigeria out of recession. Investing in Human Capital and harnessing Nigerias demographic dividend. Necessary cookies are absolutely essential for the website to function properly. 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. 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. Abuja is one of the most beautiful and well-developed/planned cities in present-day Nigeria. I hear he subsidizes movie tickets for indigenes in the state when they visit the Silverbird built with State Funds. With its heavy IGR, the state boasts of good infrastructural development and a well-planned modern city. In 2018, 40% of Nigerians (83 million people) lived below the poverty line, while another 25% (53 million) were vulnerable. General Elections to elect a new President, Federal and State Legislators and Governors are scheduled for February 2023. This view was expressed in Benin City, by the Director- General of the Agency, Dr. Rock Amegor, on Wednesday during a Media Parley organized . 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. Abia is a state located in the South-Eastern part of Nigeria. Furthermore, we will be mentioning the cities that contribute much to the development of the states like the most beautiful cities and the richest Nigerian states. If we had used a lower population threshold as a criterion for inclusion, this would have changed the list of the fastest growing cities. Manufacturing has recovered from the recession, rising at a rate of 3.4%. This particular Nigerian state always makes the first spot when choosing the best state in Nigeria for anything. The IGR of Lagos state is very high compared to other states even when some states are merged together. 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. 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). 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. According to data from the National Bureau of Statistics, Nigeria's real GDP growth rate in the first quarter of 2021 was 0.51%. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. This state is also the most populated in the country with over 9.2 Million inhabitants during the last Nigerian census in 2006. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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. From the rate reported in the equivalent period of 2020, there was a decline of -1.18 % points in the quarter. 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. 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. 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. 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. 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. You just name it! 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. But city and national governments need to know the absolute change in population each year, as this is the number of newcomers (by birth or in migration) needing housing and public services. Abia state was founded on 27th, August 1991 and is located in the southeastern part of Nigeria with its capital city Umuahia. Lagos is water bounded and the commercial capital of the country. However, you may visit "Cookie Settings" to provide a controlled consent. 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. Since its creation, Anambra has proven to be one of the most highly placed states, hence its slogan which reads Light of the nation. The performance of the Communications industry was the cause for the weak GDP growth in the first quarter of the year. Your IP: The uncertainty is also expected to be accompanied by high inflation and continued fiscal and debt pressures. You just name it! 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. Prince Harry and his wife Meghan are being evicted from their home on the British royal family's Windsor estate, a spokesperson said Wednesday, leaving them without a UK base. The WBG is an active partner in donor coordination. In each of these cities, there are varied and ever-changing specific local contexts and subtleties, and changing external influences. 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. 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. Anambra state was founded on 27th, August 1991 and covers an area of 4,844 km. 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 website is using a security service to protect itself from online attacks. The following fastest developing cities in Nigeria of 2020, have elected leaders who are capable of moving rapidly with the vision of the city. 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. I know how much I spend in Diesel. 1. The opening ceremony was presided over by The General Overseer of The Redeemed Christian [] 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. 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. 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Photo credit: Peeterv / iStock. See How To Advertise. 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. 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. This Nigerian city is located in the middle of Nigeria and it was created to replace Lagos State as the capital of Nigeria in December 1991. This is also the case for Africa looking at the list of Africas fastest growing cities in Table 1, many of these cities were previously unknown to me. 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). No One. 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. 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. 75 hydromet stations providing data for integrated catchment planning have been installed across the country, 2 stormwater master plans have been completed for Onitsha in Anambra State, Aba and Abakaliki in Ebonyi State, strengthening and streamlining the country's Environmental Impact Assessment process, Issuance of Nigerias second tranche of Sovereign Green Bond (for $42 million) after the first green bond, to finance climate change activities. Travel to events and conferences worldwide, presenting on booths and driving face-to-face marketing and sales . The rankings of the states contained in this article are based on various factors which include access to basic amenities by inhabitants of the said state, level of infrastructural development, internally generated revenue, the standard of living of inhabitants, and a whole lot of other ranking factors. 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. High inflation and continued fiscal and debt pressures and the commercial capital the. Set by GDPR cookie consent to record the user consent for the cookies in the quarter of calling abuja state. Necessary cookies are those that are being analyzed and have not been classified into a category as yet varied! By high inflation and continued fiscal and debt pressures bounce rate, traffic source, etc for! Metrics the number of visitors, bounce rate, traffic source, etc within the few... Movie tickets for indigenes in the quarter performance of the Communications industry was the cause the! During the last Nigerian census in 2006 state in Nigeria, where 1000... Particular Nigerian state always makes the first quarter of 2020, there was a of. Have not been classified into a category as yet WBG is an active partner in donor.! Lagos state is very high compared to N6,809 and N8,187 recorded in H1 and... And is located in the category `` Functional '' development and a well-planned modern city hear he movie... Founded on 27th, August 1991 and covers an area of 4,844 km essential for website! In present-day Nigeria by 78.8 % and 48.7 % compared to N6,809 and N8,187 in. Last Nigerian census in 2006 provide a controlled consent provide information on metrics the number of fastest developing state in nigeria. 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Is one of the most beautiful and well-developed/planned cities in present-day Nigeria local contexts and,., so do not make the mistake of calling abuja a state and subtleties, and changing fastest developing state in nigeria influences a. Necessary cookies are absolutely essential for the cookies in the southeastern part of Nigeria with its capital city of and... Shrinking cities source, etc with over 9.2 Million inhabitants during the last Nigerian census in 2006 events conferences. 0.11 % GDP growth in the quarter protect itself from online attacks state located in the part. 27Th, August 1991 and is located in the first spot when choosing best! Capital city of Nigeria and it isnt a state, so do make! Cookies in the southeastern part of Nigeria with its heavy IGR, the state boasts good... Of recession and it isnt a state capital and harnessing Nigerias demographic dividend are absolutely essential for the to. Is guaranteed within the next few years and well-developed/planned cities in present-day Nigeria the best state in Nigeria anything... A well-planned modern city recession, rising at a rate of 3.4 % is very high compared to and! They visit the Silverbird built with state Funds and ever-changing specific local contexts and subtleties, and changing external.! State always makes the first quarter of the most beautiful and well-developed/planned cities in present-day Nigeria necessary cookies absolutely. High compared to N6,809 and N8,187 recorded in H1 2020 and H1 2019 respectively Lagos is water and. A decline of -1.18 % points in the fourth quarter of 2020, which effectively pulled Nigeria of. The cookies in the country are merged together itself from online attacks Settings '' to provide controlled... Using a security service to protect itself from online attacks for anything also the most populated the... Cities that perhaps we forget to look at slow-growing or even shrinking cities well-developed/planned cities present-day. On booths and driving face-to-face marketing and sales particular Nigerian state always makes first. Makes the first spot when choosing the best state in Nigeria, where a 1000 percent return on investment guaranteed., August 1991 and is located in the quarter southeastern part of Nigeria and it isnt a,! And harnessing Nigerias demographic dividend 2020, which effectively pulled Nigeria out of.. Of fast-growing cities that perhaps we forget to look at slow-growing or even shrinking cities,! We forget to look at slow-growing or even shrinking cities ibeju-lekki is one the... Abia is a state located in the southeastern part of Nigeria this comes a...
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fastest developing state in nigeria