Nigeria is the largest country in West Africa, with a population of almost 200 million people, propelling it into the top ten of the world rankings. Nigeria is currently the ninth most populous country in the world, with a population of over 200 million people.
Nigeria is a tremendously diversified country with several geopolitical zones, each with its own distinct qualities; it has 36 states and the federal capital.
Kano is the most populated state in Nigeria, and Lagos is the most densely inhabited state, as well as the second most populated state after Kano.
They are a set of internal revenues generated by each state based on urbanisation and geographical location of industries.
Today I will share with you the Top 10 Richest States in Nigeria 2023.
10. Kaduna – $10.33 billion
According to the 2006 population census, Kaduna State has a population of around 6.1 million people.
It is the most varied state in the country, with over 60 different ethnic groups living there. Kaduna has a GDP of approximately 10.33 billion dollars. Agriculture is the most dominant economic activity in the state.
9. Ogun – $11 billion
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Ogun State is one of the richest states in Nigeria; you cannot list the top ten richest states in Nigeria without adding Ogun State.
It is a state in Nigeria’s south-western region with a population of approximately four million people.
8. Akwa Ibom – $11 billion
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The state is one of the few with the biggest concentration of companies and factories, such as Dangote Cement in Ibese, Procter and Gamble in Agbara, Lafarage Cement in Ewekoro, and Coleman Cables in Arepo, and it has a GDP of about $11 billion.
Akwa Ibom is also one of the richest states in Nigeria, having a population of about 5.5 million people. The bulk of the residents are businessmen/women, and the state’s primary ethnic groupings are the Ibibio, Oron, Annang, Obolo, and Eket. It has a GDP of $11 billion.
7. Edo – $11.89 billion
Edo State is a notable Nigerian state. It is likewise a mid-aged state, with Benin as its capital. Despite having a smaller population, the state has approximately 3.5 million residents.
Edo has a GDP of approximately 11.89 billion dollars; the key economic activities encouraging the state’s gross economy are its magnificent tourist destinations such as River Niger Beach and Ise Lake in Agenebode, or the Emotan Statue in Benin City.
6. Kano – $12.39 billion
Kano’s tagline, “the centre of business,” clearly proves and demonstrates that the majority of the largest trading operations take place in this region. It is the most notable of the 19 northern states, as well as the state with the most people in Nigeria.
It has a population of roughly 11 million people. The following are the main economic activities: Kano is also a large producer of hides and skins, Arabic gum, chilli pepper, garlic, cotton, and soybeans. It has $12.39 billion GDP.
5. Imo – $14.21 billion
Imo State has one of the highest GDPs in the country. It is situated in the southeastern section of Nigeria.
It is abundant in mineral resources such as crude oil, natural gas, limestone, zinc, lead, sand, and clay.
The state also boasts around 163 oil wells. Agip, Royal Dutch Shell, Addax Petroleum, and Chevron Corporation are just a few of the nearby petrol firms.
It has a GDP of approximately 14.21 billion dollars.
4. Oyo – $16.12 billion
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Without a question, Oyo is one of the richest states in Nigeria. due to the presence excess commercial and industrial activities in the state. It is a southwestern Nigerian state located close to Lagos, which is one of the main reasons why the state is so developed.
Oyo state has a population of over six million people and a GDP of roughly $16.12 billion; agriculture is the most important economic contributor in that region. The state produces a variety of stocks, including palm oil, cocoa, plantains, cassava, rice, millet, yam, maize, and cashews.
3. Delta ($16.75 billion)
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Delta state is one of Nigeria’s resource-rich states. The state is in the country’s south. It has a population of about 4.1 million people and a GDP of 16.75 billion dollars. The state is abundant in mineral resources such as kaolin, limestone, silica, ornamental rocks, industrial clay, coal tar, sand, and lignite. Highest notably, it possesses the most crude oil and natural gas deposits in the country.
2. Rivers ($21.17 billion)
When discussing the most successful state in Nigeria, it is critical to start with River State. It is Nigeria’s second richest state after Lagos.
It has a population of over 5.2 million people spread across over 11,077 square kilometres of land. The United States produces 60% of the country’s oil and has a GDP of $21.17 billion.
1. Lagos (33.68 billion dollars)
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Lagos state is Nigeria’s economic capital. Without being informed, everyone knows that it is Nigeria’s most developed and prominent state, with a GDP of approximately $33.68 billion. The state’s economic activity is astounding and prosperous.