Top 5 Richest States in Nigeria 2017/2018

Top 5 Richest States in Nigeria 2017/2018

Do you know the  Richest States in Nigeria or you want to know the top richest States in Nigeria 2017 ? are you interested in knowing if your state is among the Top 5 Richest States in Nigeria, don’t worry just relax yourself as we present to you the richest states in Nigeria official Top Five (5).

Nigeria is one of the most blessed countries in Africa , it has a great deal of water and mineral resources and a great economy. The country is abundantly blessed with mineral resources such as oil, iron, gold e.t.c and agricultural resources. Nigeria has experienced tremendous growth  in its economy over the years but the problem the country have are the leaders who are busy using tax payers many for their personal / selfish reasons as they don’t put the interest of the masses in mind.

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The total potentials of Nigeria is beyond the comprehensive of many and it has not been fully tapped and utilized. Different Nigerian states have contributed their quota via Gross Domestic Product (GDP) in various sectors to the growth of the Nation’s economy. Nigeria is one country that is known for attracting foreign investors in Africa which has led to the tremendous growth of the country. All Nigerian states have really helped in the development of the country , they helped place the country in it present economic position which is very better than where it use to be. Due to the recent development in many states in Nigeria , the country has become one of the top and famous countries in the world today.

Top 5 Richest States in Nigeria 2017/2018

1. Lagos State

Lagos will always come out first in many good things in Nigeria , don’t forget that when we looked at the most populated states in Nigeria, Lagos state took the first position . On this article , Lagos state is coming out first as well, this should tell you a lot . Well, Lagos state is the richest in Nigeria and it is known for many businesses and companies . It is right to call Lagos the  “America of our nation” because it is the central city of Nigeria in terms of businesses and industrialization . Lagos is a rapidly growing city with a lot of population and it is an ideal for businesses . Lagos state has a GDP of $33.67 billion.

2. Rivers state

Rivers State is known for its productivity and  its fast growing economy which has placed it among the richest states in Nigeria. It was recently revealed by Business Day newspaper, that Rivers state has the fastest growing economy. This is the home for many Oil based industries and other foreign owned businesses. Rivers state GDP stands at $21.07 billion.

3. Delta State

Delta state has greatly contributed to the growth of Nigeria due to its rich oil production, the state has attracted million of investors into the country. It is the third richest State in the country with a GDP of $16.75 billion, Delta state has a great growth potentials in the future.

4. Oyo State

The fourth richest state in Nigeria is Oyo State which has it capital as Ibadan.  Oyo state is the second highest emerging middle class with a gross state product greater than $1.91 trillion. It had a 14% growth rate in GDP between 2008 and 2012 and one of the wealthiest state in the South West region. Its has a GDP of $16.12 billion .

5. Imo State

Imo State is an ideal state for those purposes who are searching for the best state to establish a business. This state is said to be the business hub to companies and industries especially in the oil and Gas sector. Imo state is very welcoming, accommodating and hospitable for businesses. There are several foreign investors in Imo and it has contributed immensely to the rapid growth of Nigeria. Above all, Imo state is blessed with a lot of natural resources .

Others rich states in Nigeria that are worthy of mention include ;

  • Edo State
  • Akwa Ibom State
  • Enugu State
  • Ebonyi State
  • Ondo State

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