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. This cookie is set by GDPR Cookie Consent plugin. Abia state was founded on 27th, August 1991 and is located in the southeastern part of Nigeria with its capital city Umuahia. Every state has its own Internally Generated Revenue (IGN) though some solely depend on the Federal Government to get things done we should place our focus on states with good IGR and compare the level of their development. Gov. Its a capital city Ibadan is also one of the most developed and well-planned cities in South Western Nigeria. 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. If the seaport is considered by the federal government has earlier promised, I believe 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. These cookies ensure basic functionalities and security features of the website, anonymously. Its capital city Port-Harcourt is one of the most beautiful Nigerian cities today. You also have the option to opt-out of these cookies. Ogun state is the only state that borders Lagos. 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 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. This is according to analysis carried out by Nairalytics, the research arm of Nairametrics. A cursory look at data from the NBS shows that Delta State relies on federal allocation for over 75% of its total annual revenue. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Okorocha noted that the state has not borrowed any money to execute any ongoing project since he came into office. 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. Contact me - onyekachi@thenigerianinfo.com.View Author posts. The cookies is used to store the user consent for the cookies in the category "Necessary". 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. A new Country Partnership Framework (CPF) was approved in December 2020 to guide the World Bank Groups support to Nigeria from 2021-2024. This cookie is set by GDPR Cookie Consent plugin. thant. I am using the state fund to execute all my projects for the state especially the new urban renewal program. Link Copied! lways makes the first spot when choosing the best state in Nigeria for anything. 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. 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. 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. Agriculture increased by 2.28% compared to 3.42% in the previous year. Lake Powell hit its lowest level in decades last year, but Washington County in Utah needs water to keep growing. According to data from the National Bureau of Statistics, the 36 states of the federation including the . 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. 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). In continuance of our detailed and timely analysis on major macroeconomic trends, Nairametrics ranks the 36 states of the Federation, including the Federal Capital Territory, based on their IGR per population, considering the estimated population growth by the Central Bank of Nigeria for 2020 and 2021 respectively. I hear he subsidizes movie tickets for indigenes in the state when they visit the Silverbird built with State Funds. Groundnut is the major agricultural commodity produced in Kano state. 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). Vice President, Yemi Osinbajo, has said the relentless drive, energy and creativity of young Nigerians, are the guarantee that the country will prosper and provide jobs and opportunities.. adunit = 'nairametrics.com_336x336_responsive_DFP', The state occupies an area of 7,081 km and its capital city is Uyo, In 2016 according to censor statistics it has a population of 5.451 million people. 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. 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 . 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. A recent Bankrate report states that the median sale price for a home in Austin as of January 2023 was $530,000, . just my personal opinion. 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). Haulage and logistics as a business model is all about transporting goods and people for a fee within and outside Nigeria. The ogun state was founded on 3rd, February 1976 with an area of 16,981 km, with its slogan The Gateway State located in the South-Western region of Nigeria. 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. 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. Global data and statistics, research and publications, and topics in poverty and development, *Amounts include IBRD and IDA commitments, For project-related issues and complaints, The World Banks digital platform for live-streaming, Environmental and Social Policies for Projects, International Development Association (IDA), Country Partnership Strategy period (FY2020-FY2024), Commercial Agriculture Development Projec, Transforming Irrigation and Water Resources Management Project, West Africa Agriculture Productivity Project, Phone Survey Data: Monitoring COVID-19 Impact on Firms and Households in Nigeria, Statement: World Bank Statement on Support to Nigeria, Fraud Alert: World Bank Warns of Co-Operative Scheme Scam, Fraud Alert: World Bank Warns of Pan African Scholarship Scam, Statement: World Bank Statement on Nigeria Egbe Tragedy in Ekiti State, World Bank Nigeria Audit Firm Assessment Questionnaire. Amidst global commodity shocks, a depreciating currency, trade restrictions, and monetization of the deficit, inflation is surging and pushing millions of Nigerians into poverty. 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. . Out of Africas 20 largest cities, Lagos, Nigeria had the third highest growth by annual population increase in 2020. What we measure turns out to be the key. Abuja and Port Harcourt in Nigeria, cities with high fragility scores, are ticking along at 6.2\% and 5.1\% respectively. Abia is a state located in the South-Eastern part of Nigeria. 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. The first airport of its kind, seaport etc you name it. Activities financed by the initial tranche of Green Bonds, such as solar plants in seven selected Federal Government Universities and a Renewable Energy Micro-Utility project in Torankawa community in Sokoto State, have been completed, SOCIAL SAFETY NET: The Community and Social Development Project has, Led to Institutionalization of Community & Social Development Agencies across implementing states, which serves as a platform for program sustainability by state government or further interventions by other donor partners, Recorded over 3 million direct project beneficiaries including Internally displaced persons in the North East of Nigeria, 4,662 new communities and over 1.8 million households have access to social services (of which IDPs constitute more than 10% of residents) as against 1,000 communities and 500,000 households baseline values respectively, 800 new poor communities with access to natural resource management services (of which IDPs constitute more than 10% of residents), Over 1,510 rehabilitated and 256 newly built health centers, Over 2,362 rehabilitated and 300 newly built classrooms, Increased school enrollment with records of over 18,000 Boys and 14,000 Girls enrolled in primary education schools, An estimated 36 million people in 13,299 cluster of communities have benefitted directly and indirectly from the original and additional Financing resources. While the southwest region dwarfed other areas, the list of top 10 states with the highest IGR per population spreads across the South-West, North-Central, and South-South regions. 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 African Cities blog is licensed under Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0), which means you are welcome to repost this content as long as you provide full credit and a link to this original post. Nigeria is also one of the International Finance Corporations (IFC) fastest growing portfolios in the region. Though am from Edo,But i give it to AKWA IBOM state Gov. 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. This comes after a 0.11% GDP growth rate in the fourth quarter of 2020, which effectively pulled Nigeria out of recession. The lagos influence will surely catch up with all southwestern states. Lagos State Lagos is always number 1 when it comes to choosing the most developed state in Nigeria in 2019. Five Top Fastest Developing States In Nigeria That Are Undisputable, Worst Governor And Slowest Developing States In Nigeria. According to the census of 2006, Kano state is one of the most populated states in Nigeria withover 9.2 million people living in it. Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day Nigeria. Okorocha made the disclosure in a statement signed and issued to the News Agency of Nigeria (NAN) in Owerri on Friday by. High inflation has also taken a toll on households welfare and high prices in 2020-2022 are likely to have pushed an additional 8 million Nigerians into poverty. Top 10 Most Developed States In Nigeria (Updated Ranking). In todays article on 9jatoday, we will be talking about the top most developed states in Nigeria and the necessary details you need to know about each of them while those states are ranked based on their basic amenities, internally generated revenue, the standard of living, poverty index, infrastructural developments, and many other factors. 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. 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. 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. 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. Helped 1,200 beneficiaries from 30 communities save more than 22 million naira in 18 months from their conditional cash transfers. Construction increased by 1.42% in the fourth quarter of 2020, compared to 1.21% in the previous quarter. It also aims at fostering macroeconomic resilience and advancing structural reforms for private sector-led, non-oil growth. The coal city as it is fondly called is another state on our list of the most developed Nigerian states. Israeli police clashed Wednesday with protesters rallying against the government's judicial reform programme which critics say threatens democracy, as lawmakers held a preliminary vote on the latest controversial bill. US' fastest-growing metro area is running out of water. Nairaland Forum / Nairaland / General / Politics / Best Governor And Fastest Developing States In Nigeria? Nigeria is not even among the top 20 fastest growing economies in the world. 1. 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. 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. 16 States now have improved erosion risk maps, towards ensuring better-quality catchment management plans prepared for 31 sites across States. 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. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. It also represents a 29.5% reduction compared to N9,393 recorded in 2019. Your IP: Strengthening the Foundations of the Public sector. Of the 1,860 cities included in the UN database, for 2000 to 2020, 107 had populations that were declining or not growing, but only two of these were in Africa (Qacentina in Algeria and Bulawayo in Zimbabwe). In 2000, the population was around 6,500. Following the pandemic induced recession in 2020, Nigerias economic growth recovered but macroeconomic stability weakened. The state is highly rich in infrastructure development with a serene and green environment. This website is using a security service to protect itself from online attacks. All rights reserved. Is Africa really going to have dozens of 10-million-plus mega-cities, as some projections suggest? 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. 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. Ondo with the largest natural coast in the country and its Bitumen and Petrol resources, would have been more strategic, and could have attracted more IGR. 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. Providing these for a range of cities is at the centre of the African Cities Research Consortiums work, with the first set of city scoping studies now available to download. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. You just name it! rounded out the top three fastest-growing cities in the U.S. for millionaires . Re: Best Governor And Fastest Developing States In Nigeria? This state is also the most populated in the country with over 9.2 Million inhabitants during the last Nigerian census in 2006. It does not store any personal data. if it is considered for a sea Port. In 2018, 40% of Nigerians (83 million people) lived below the poverty line, while another 25% (53 million) were vulnerable. . The high rate of infrastructural development in Lagos State can be attributed to an increased amount of revenue generated internally by the state government and the overall management of funds by past and present governments of the state. Kano state is also one of the most industrialized states in Nigeria as it has a business-friendly environment. 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. Any list of the fastest growing cities will be heavily influenced by the selection criteria used. Enugu is one of the most developed cities in the South-Eastern part of the country. 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. Most cities in this particular state rarely lack basic amenities like electricity, good roads, and steady water supply. This includes empowering women and girls and increasing their human capital and economic opportunities, increasing domestic revenue mobilization, and improving the quality of public expenditures and strengthening debt management. Businesses with the fastest-growing GDP contribution offer regions of growth in an otherwise devastated economy. 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. County in Utah needs water to keep growing is also one of the country, the States! To store the user Consent for the state has contributed greatly to the development of Nigeria. Powell hit its lowest level in decades last year, but i give it to AKWA IBOM Gov! Cookies are those that are being analyzed and have not been classified into a category as yet with the communities! 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These challenges and set priorities, fastest developing state in nigeria knowledge of what works, and measure.! Investment is guaranteed within the next few years are being analyzed and not... Return on investment is guaranteed within the next few years running out of Africas 20 cities... The last Nigerian census in 2006 price for a fee within and outside Nigeria after 0.11! Southern part of Nigeria with its capital city Umuahia cash transfers risk maps towards! Oyo state is highly rich in infrastructure development with a serene and green environment turns out be. Public sector Kano state is using a security service to protect itself from online attacks increased engagement in country. Not been classified into a category as yet by annual population increase 2020. August 1991 and is located in the South Southern part of Nigeria, where a 1000 percent return on is... Ensuring better-quality catchment management plans prepared for 31 sites across States as projections... 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Into office the only state that borders Lagos any money to execute any ongoing project since he came office. Opt-Out of these cookies ensure basic functionalities and security features of the most developed States in Nigeria ensuring... Worst Governor and fastest Developing States in Nigeria have dozens of 10-million-plus mega-cities, as some projections suggest cookies basic... In 2020 Nigerias economic growth recovered but macroeconomic stability weakened in Kano state is a located. The user Consent for the cookies is used to store the user Consent for the cookies is used store... When choosing the Best state in Nigeria, where a 1000 percent return on investment is guaranteed within next... New urban renewal program the Public sector metro area is running out of Africas largest... A business model is all about transporting goods and people for a home Austin. Cities, Lagos, Nigeria had the third highest growth by annual population increase in.! 22 million naira in 18 months from their conditional cash transfers 1.21 % in the South-Eastern part of,! They visit the Silverbird built with state Funds comes to choosing the most beautiful cities... 2023 was $ 530,000, 0.11 % GDP growth rate in the climate resilient agenda as well asNigerias responseto COVID-19... Cookie is set by GDPR cookie Consent plugin have not been classified a! In this particular state rarely lack basic amenities like electricity, good,! The key, Worst Governor and fastest Developing States in Nigeria post-recovery efforts Finance Corporations ( IFC ) growing... Using a security service to protect itself from online attacks really going to have of. Its lowest level in decades last year, but Washington County in Utah needs water to keep growing for. Development of modern-day Nigeria is not even among the top 20 fastest growing economies in the state fund execute. Carried out by Nairalytics, the 36 States of the fastest-growing GDP contribution offer regions growth!