Top 10 richest states in Nigeria according to National Bureau of Statistics
Date 2022/12/10 13:10:00 | Topic: Nigeria
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The heartland of Africa, Nigeria, controls the continent’s highest revenue.
Business Insider presents the 10 richest states in Nigeria and their MPIs.
Ondo takes the number 1 spot over the vibrant economic hub, Lagos.
The list is courtesy of a report from the National Bureau of Statistics
This is largely because Nigeria has a massive oil reserve and has exploited this resource for decades.
However, the oil from Nigeria typically comes from just a sub-section of the country and does not account for the country’s entire wealth.
While small in comparison, other sectors have done well to generate some revenue for the country. The amount that other sectors generate is fairly substantial thanks to the economic contributions of other non-oil-producing states.
Lagos immediately comes to mind when you think about states in Nigeria that contributes soo much to the GDP of the entire country, without an oil quota.
However, the GDP of a region defers from the GDP per capita of said region. Also, development levels and a general standard of living typically dictate an area's overall success.
This is the reason why Lagos was not listed as the richest city in the National Bureau of Statistics' recent report, aptly dubbed MULTIDIMENSIONAL POVERTY INDEX (2022).
The bureau categorized each state in this report based on its Multidimensional Poverty Index(MPI). The MPI is in itself determined by four key indicators, including health, education, living standards, and work and shocks.
The data for this report was gathered via a survey which saw to the collation of over 50000 responses from a deliberately-formulated questionnaire, nationwide.
Via this metric system, each of the 36 Nigerian states was ranked from richest to poorest, and while some states thrived, others were not so fortunate. Read the story here.
Below are ten of the states In Nigeria that are considered the richest in Nigeria according to the bureau’s MPI.
Ondo: 0.095
Lagos: 0.101
Abia: 0.101
Anambra: 0.109
Ekiti: 0.125
Edo: 0126
Imo: 0.142
Osun: 0.150
Delta: 01.73
Kwara: 0.185
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