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Rivers State: ₦7.96 19.72 51.52 2,277 5,949 3 Akwa Ibom State: ₦7.77 19.25 50.30 2,962 7,739 4 Imo State: ₦7.68 19.02 49.69 2,996 7,828 5 Delta State: ₦6.19 15.33 40.05 2,306 6,025 6 Anambra State: ₦5.14 12.73 33.26 2,002 5,231 7 Ondo State: ₦5.10 12.63 33.00 2,326 6,077 8 Ogun State: ₦5.03 12.46 32.55 2,024 5,288 9 Bayelsa State ...
- Richest States in Nigeria
- Lagos State
- Rivers State
- Delta State
- Oyo State
- IMO State
- Kano State
- Edo State
- Akwa Ibom State
- Ogun State
Lagos state (gdp: $33,679 billion)Rivers state (gdp: $21,073 billion)Delta state (gdp: $16,749 billion)Oyo state (gdp: $16,121 billion)Lagos is unarguably the richest state in the country with a GDP of $33,679. The GDP is the highest in the country. In fact, the GDP of Lagos is higher than that of 42 African nations put together. The state is the 5th largest economy in Africa with internally generated revenue of 302 billion which is greater than that of 30 states combined. Current...
Rivers is one of the richest states in Nigeria with a GDP of $21,073 billion. The history of Rivers State dates back to 1967 when it was created out of the old Eastern region. The slogan of Rivers state is the Treasure Base of the Nation and this name is quite apt as the state is known for its crude oil deposits and this has led to the It would be ...
Delta is one of oil-producing states in the country and this status has enabled it become one of the richest states in the country. The state is known as the big heart and it has two major cities, Warri and Asaba. Warri is the industrial and commercial hub of the state. You will find many multinational oil companies and offshore oil platforms in th...
Located in South West Nigeria, Oyo is one of the largest states in the country. In fact, Ibadan which is the capital of the state is said to be the largest city in West Africa. The agricultural activities in Oyo are responsible for much of its wealth. The state is an agricultural hub with a vast area of land available for mechanized farming. The cl...
Imo is located in the South East and it is also one of the oil-producing states in the country. Currently, there are over 160 oil wells in the state and some of the oil companies located in the state include the likes of Addax Petroleum, Agip and Chevron. Also, the state is engaged in the production of palm oil as there are several palm plantations...
Kano is one of the major commercial centres in the North. The state is an economic powerhouse and also has a large population which is only superseded by Lagos State. The annual internally generated revenue by the state is put at 30 billion and the GDP of Kano is estimated at $12,393 billion. The state is involved in textile, leathered and cotton p...
With a GDP of $11,888 billion, Edo is placed seventh on our list of richest states in the country. Edo is a historical city with the Benin empire being an influential settlement in Africa. Currently, Benin remains an economic and commercial hub and the city is quite congested with an ever-growing population. The state generates an annual IGR of N23...
Akwa Ibom is located along the coast of the Niger Delta and this state is also an oil-producing state. In fact, one of the prominent oil companies in the world, Exxon Mobil is located in this state. The capital of Akwa Ibom is Uyo, a bustling town that has evolved from being low-class town to a city of national relevant with several unique landmark...
Known for its high concentration of manufacturing companies, Ogun state makes our list as one of the richest states in the country. Also, the state has a high number of universities. The current GDP of the state is $10,470 billion and the state has the likes of Lafarge, Procter and Gamble, Dangote, Nestle Nig. Plc. Also, the state has an estimated ...
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- Lagos State – N651.2 Billion. Nestled in the southwestern expanse of Nigeria, Lagos State emerges as the richest state in Nigeria, having an IGR of N651.2 billion.
- Rivers State – N172.8 Billion. Securing second place among the richest States in Nigeria is Rivers State, located within Nigeria’s southern Niger Delta region.
- FCT – N124.4 Billion. With an IGR of N124.4 Billion, FCT is no doubt one of the richest States in Nigeria. The State serves as a beacon of economic growth fueled by its dynamic industries and progressive approach.
- Ogun State – N120.6 Billion. With an IGR of N120.6 Billion, Ogun State joins the list of the richest states in Nigeria. The State is a prime example of how strategic location and well-executed economic policies can lead to substantial growth and prosperity.
Dec 31, 2023 · Lagos State is Nigeria’s richest state with a GDP of $33.68 billion. The state’s economy is driven by sectors such as finance, trade, manufacturing, and services. Lagos City, the state’s urban area, is Nigeria’s largest and serves as the economic nerve center.
May 17, 2024 · Retrieved 2023-03-07. The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 according to a 2022 report by BudgIT.
5 days ago · According to a 2022 report by BudgIT, here are the top 10 richest states in Nigeria ranked by GDP 1. Lagos State — GDP: ₦41.17 trillion. Lagos State, the commercial nerve centre of Nigeria, takes the crown as the wealthiest state by GDP. Lagos is a finance, commerce, and industry hub, home to Nigeria’s busiest seaports and airports.
Apr 11, 2024 · Based on Internally Generated Revenue, these are the ten richest states in Nigeria currently this 2024: LAGOS STATE ($150 BILLION) Lagos stands first as the current richest state in the country based on internally generated revenue (IGR) of about N268 billion.
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