This indicates a positive trend in this sector; however, the Nigerian power outage epidemic is a large enough gap to be filled and could be very profitable for those who invest in a solution. A recent Bankrate report states that the median sale price for a home in Austin as of January 2023 was $530,000, . 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. 37.9.171.155 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. From the rate reported in the equivalent period of 2020, there was a decline of -1.18 % points in the quarter. The World Bank Group enjoys a strong partnership with Nigeria through a strategy to support the government in its developments objectives to end extreme poverty and increase shared prosperity. Theory support geography, ecology and economic development. 16 States now have improved erosion risk maps, towards ensuring better-quality catchment management plans prepared for 31 sites across States. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Abuja is the federal capital where all federal agencies are centralized and will enjoy the PAYE from the agencies. These cookies ensure basic functionalities and security features of the website, anonymously. 9JATODAY is Nigeria's most interesting information website that provides quality information about Nigeria, Nigerians, her lifestyles, and things concerning her, Top 10 Ways to Save Your Mobile Data: Surefire Tips 2023, Top 10 Most Stable Currencies in the World (2023), How To Download Videos From Pinterest: PC/Mobile Method, How to Download Video from Facebook (2023 Tutorial), Light Downloads: How to Download Movies from LightDL.xyz, Get Free 6,000 Active Nigerian Email Addresses Database List, Top 10 Best Currencies to Invest In (2023), Top 10 Sites to Download Korean Movies for Free 2023, John Grisham Net Worth and Biography (2023). if it is considered for a sea Port. This website is using a security service to protect itself from online attacks. Apart from being an oil-producing state with a very high GDP, Rivers State is also one of the few developed Nigerian cities where businesses and investments thrive greatly. Apart from the vast human resources that the state possesses, it also contributes to the development of the nation through agriculture. 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. 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. 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. Most cities in this particular state rarely lack basic amenities like electricity, good roads, and steady water supply. 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. 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. There are a lot of industries originally intended for Lagos that are now situated in Ogun. Lagos State was founded on 27th, May 1967 and so far has always been the first choice of every other Nigerian from other states. So it is not surprising that most of the cities in Table 1 had a relatively small population in 2000. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 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. 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. Among Nigerian state governors, who is the best in terms of works and development also which is the fastest developing states in Nigeria? They show some smaller urban centres with population growth rates that are much higher than those in Table 2. 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)? If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far. This comes after a 0.11% GDP growth rate in the fourth quarter of 2020, which effectively pulled Nigeria out of recession. Anambra state was founded on 27th, August 1991 and covers an area of 4,844 km. With its heavy IGR, the state boasts of good infrastructural development and a well-planned modern 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. 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. From -2.51% in Q4 2020 to -2.31% in Q1 2021, this sector grew by 8.66 % in Q1 2021. Its a capital city Ibadan is also one of the most developed and well-planned cities in South Western Nigeria. For instance, people who had been evicted from their homes in Abuja accounted for part of the very rapid growth in Gwagwalada. 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. Another point to note is that due to the level of infrastructural development in these states, cities located in some of them are also featured on our list of the most beautiful cities in Nigeria and they are also some of the richest Nigerian states too. You just name it! Five Top Fastest Developing States In Nigeria That Are Undisputable, Worst Governor And Slowest Developing States In Nigeria. According to data from the National Bureau of Statistics, the 36 states of the federation including the federal capital recorded a sum of N849.12 billion as internally generated revenue between January and June 2021, which is 38.5% higher than the N612.87 billion recorded in H1 2020 and 26% higher than N673.82 billion recorded in H2 2020. The opening ceremony was presided over by The General Overseer of The Redeemed Christian [] Rivers State is located in the South Southern region of Nigeria and it has the popular city of Port Harcourt as its capital city. 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. This is according to analysis carried out by Nairalytics, the research arm of Nairametrics. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Our correspondent reports that this makes it the 8th Branch established by the bank within nine months of existence. Abia state was founded on 27th, August 1991 and is located in the southeastern part of Nigeria with its capital city Umuahia. No One. The southeast continues to witness unrest resulting from separatist agitations. Find out what the Bank Group's branches are doing in Nigeria. Hence, it would be prudent to access the fastest growing sectors in the Nigerian economy. The action you just performed triggered the security solution. This fund is being used as start-up capital for small businesses to generate income and improve their livelihood. Table 1 lists the cities with the largest average annual population growth rates. Located in the South Southern part of Nigeria, Rivers State has contributed greatly to the development of modern-day Nigeria. Ogun State, which is a neighbouring state to Lagos and hosts notable manufacturing plants such as Dangote Cement Plant, Lafarge plant amongst others, boasted of an IGR of N54.82 billion in the period under review, jumping by 131.5% compared to N23.68 billion recorded in the same period of 2020. 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. 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