Top 9 Fastest Developing States In Nigeria 2023

Top 9 Fastest Developing States In Nigeria 2023

With a population of over 200 million, Nigeria is a large and diversified nation. It follows that it is not surprising that the rate of development differs across the nation. However, there are a few states that continuously outperform the others in terms of social advancement, infrastructure investment, and economic expansion.

Nigeria is a sizable, ethnically diverse nation with a booming economy. The number of companies and industries functioning in the nation has significantly increased in recent years, raising many Nigerians' standards of living. Several states in Nigeria are presently enjoying strong economic growth, while some have developed more quickly than others.

Most Developing States In Nigeria 2023

  • Lagos State
  • Ogun State
  • Ekiti State
  • Oyo State
  • Anambra State
  • Delta State
  • Rivers State
  • Akwa Ibom State
  • Abuja

1. Lagos State

Nigeria's financial and economic capital is Lagos State. With almost 20 million residents, it is also the most populous state in the nation. Lagos serves as a significant center for trade, business, and finance. Along with a handful of foreign enterprises, it is home to some of Nigeria's biggest corporations.

A significant hub for culture and education is Lagos. In addition to numerous colleges and universities, it also has a large number of theaters, museums, and art galleries.

Lagos State has seen a lot of progress in recent years. The state government has made significant investments in infrastructure, such as power, bridges, and highways. The state has also made considerable investments in its social sectors, including healthcare and education.

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These investments have made Lagos State one of Nigeria's most developed states today. Additionally, it is one of the most alluring states for investors and businesses.

2. State of Ogun

Southwest of Nigeria is where Ogun State is situated. Ondo State borders it on the east, Benin Republic borders it on the south, and Lagos State borders it on the west. Ogun State is a significant industrial hub and the location of several international corporations.

The state government has also made significant investments in infrastructure, such as power, bridges, and highways. The state has also put a lot of money into its social programs, such healthcare and education.

Ogun State is now among the states in Nigeria that is developing the fastest as a result of these investments. Additionally, it is one of the most alluring states for investors and businesses.

3. State of Ekiti

Southwest of Nigeria is where Ekiti State is situated. Ondo State, Kwara State, and Osun State are its neighbors to the west, north, and east, respectively. Ekiti State is a significant agricultural hub and the location of several educational institutions.

Ekiti State is currently one of Nigeria's states with the quickest growth rates as a result of these investments. Additionally, corporations and investors find it to be one of the most appealing states.

4. State of Oyo

Southwest of Nigeria is where Oyo State is situated. Kwara State, Osun State, Ekiti State, and Ondo State are its neighbors to the north, west, east, and south, respectively. Oyo State is a significant agricultural hub and the location of several educational institutions.

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Oyo State is currently one of Nigeria's states with the quickest growth rates as a result of these investments. Additionally, corporations and investors find it to be one of the most appealing states.

5. State of Anambra

Nigeria's southeast includes the state of Anambra. Enugu State, Abia State, Imo State, and Kogi State are its neighbors to the north, south, west, and east, respectively. Anambra State is a significant commercial hub and the residence of several prosperous businesspeople.

Anambra State is currently one of Nigeria's states with the quickest growth rates as a result of these investments. Additionally, corporations and investors find it to be one of the most appealing states.

6. State of the Delta

Nigeria's Delta State is situated in the country's southern region. Its northern boundary is with Edo State, its northeastern border with Anambra State, its eastern border with Imo State, its southeasterly border with Bayelsa State, and its southern border with the Atlantic Ocean.

Delta State, an oil-producing state in southern Nigeria, has seen rapid economic expansion in recent years. The Warri Refinery and the Escravos Gas Terminal are two of the state's many significant industrial undertakings. Additionally, Delta State is a significant agricultural producer and is well-known for its cassava, oil palm, and rubber plantations.

7. State of Rivers

In recent years, Rivers State, another significant oil-producing state in Nigeria, has also seen significant economic expansion. The Port Harcourt Refinery and the Eleme Petrochemicals Complex are only two of the state's many significant industrial undertakings. With attractions like Bonny Island and the Opobo Kingdom, Rivers State is also a popular travel destination.

Nigeria's Rivers State, one of the top oil-producing states in the nation, is situated in the country's South-South area. Agriculture, industry, and tourism are just a few of the additional industries that exist in the state. Increasing worldwide oil prices and the state government's emphasis on economic development have both contributed to Rivers State's recent strong economic growth.

8. Awka Ibom State

Another oil-producing state in Nigeria, Akwa Ibom State, has recently seen significant economic expansion. Ibom Deepsea Port and Akwa Ibom International Airport are just a couple of the state's notable industrial facilities. With sights like the Ikot Abasi Beach and the Oron Museum, the state of Akwa Ibom is also a popular travel destination.

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The South-South area of Nigeria is home to another significant oil-producing state, Akwa Ibom State. Agriculture, manufacturing, and tourism are just a few of the major sectors that call the state home. Due to the surge in global oil prices and the state government's focus on economic development, Akwa Ibom State has experienced remarkable economic growth in recent years.

9. Abuja

Nigeria's capital, Abuja, is one of the cities with the fastest urban growth rates in the world. Many government organizations, companies, and an increasing number of foreign firms are located in the city. The National Mosque, the National Christian Center, and the Aso Rock Presidential Villa are just a few of the many tourist attractions in Abuja. Nigeria's capital, Abuja, is one of the cities with the fastest urban growth rates in the world.

Many government organizations, companies, and an increasing number of foreign firms are located in the city. Abuja is a well-liked travel destination as well, because to its numerous attractions, including as the National Mosque, the National Christian Center, and the Aso Rock Presidential Villa.

These states are all making large investments in their infrastructure and economies, and their social sectors are also expanding rapidly. They thus offer better chances for their residents and are growing more appealing to businesses and investors.

These are just a few of the states in Nigeria that will grow the quickest in 2023. Other states, including Osun State, Abia State, and Cross River State, are also expanding their economies quickly. A number of variables, such as the increase in the price of oil on the world market, the expansion of the technology industry, and the government's emphasis on infrastructure and development, are driving the economic development of these states.