Top 5 Richest States in Nigeria 2017 and Current GDP

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These are officially the top 5 Richest States in Nigeria 2017:
Nigeria is a densely populated nation with an estimated 180 million people that According to the administrative census, there are 36 states that makes up Nigeria and the Federal Capital territory inclusive. In this publication we will show you richest state in Nigeria and the rating in GDP.
Lagos state is the business hub of the country and it is also rapidly growing with many businesses and companies situated in the area
Many reader have asked about which is the richest states in Nigeria and in this post we will finally answer that question and help our readers finally answer that question of Nigeria’s richest state 2017.

Before we list out the     , its is important to note to the GDP of the state. GDP which is short for Gross Domestic Product is a final market price of all produced goods and services in a state. According to our findings,the total Gross Domestic Product, GDP of Nigeria as at today 2017 was around $1.166 trillion. Therefore, we will apply the GDP to give us the closest answer about the richest state in Nigeria 2017

1. Lagos State

Top of the list of richest states in Nigeria 2017  is Lagos state. Lagos boast of been the fastest growing city in Nigeria with  many businesses and companies. It is a city with a beehive of activities and a vibrant economy.The GDP of lagos state is placed at $33.67 billion and this makes lagos the richest state in Nigeria

2. Rivers State

Another state with a grate appeal to businessmen and companies is the oil rich Rivers state.According to the Business Day newspaper, Rivers still the fastest growing economy in Nigeria second only to Lagos state. Rivers state is home to Oil based industries such as the NNPC Nigeria and other foreign owned businesses. The GDP of Rivers was reported to be $21.07 billion and is the second richest state in Nigeria

3. Delta State

Its not a surprise that Delta state is among the list of top 5 richest states in nigeria 2017. Delta state is a leading state in renewable energy as well as oil production Delta state has a GDP of $16.75 billion, making it the third richest state in Nigeria. The state attracts a lot of foreign investors and has a strong potential for more growth

Surprisingly there’s no place for any Norther state on the list of top 5 richest states in Nigeria as Oyo and IMO state occupy the top spots for Nigeria richest states

4. Oyo State

Being the fourth richest state in Nigeria,OYO state has a Gross Domestic Product,GDP of $16.12 billion. Oyo state has experienced an upward growth of 14% in GDP between 2008 and 2012. In the South West region, Oyo state is the second highest emerging middle class with a gross state product greater than $1.91 trillion.

5. Imo State

This states is a business hub to companies and industries especially in the oil and Gas sector. It has a GDP of $14.21 billion and is the fifth richest state in Nigeria. The natural resources found in this state has contributed immensely to the growth of imo state.
There you have it, that the top five richest states in Nigeria 2017.

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