Lagos ranks at the top of Nigeria’s wealthiest states. It boasts a huge GDP of around $33.68 billion, and $4,335 per-individual revenue. More than any other Nigerian state. It would have been Africa’s fifth-largest economy had it been a country.
Rivers State $21 Billion
Standing in Nigeria’s second richest place, the River State is spread over an area of nearly 1100 square kilometres. The Atlantic Ocean connects the southern region of the rivers, north to Imo, Abia, and Anambra, east to Akwa Ibom Province, and west to Delta and Bayelsa. It has a population of roughly 5.2 million , making it Nigeria’s sixth most populous place. As it is the hub of Nigeria’s oil industry, its capital and largest city, Port Harcourt, has economic significance. We all know how wealthy a state can be in the oil field.
Delta State $16.75 Billion
The state of Delta is mostly known for its offering of agricultural products and supplies of crude. It is present in the southern portion of Nigeria and has an estimated population of 4.1 million people. The place recognized as the hub of economic activities, Warri, consists of the maximum number of individuals. Delta has an comprehensive list, due to the presence of resources created by nature. Another relevant thing to note is that the location has a large crude oil reserve. Delta also comes under the group of petroleum production areas that are the top producers.
Oyo State $16.12 Billion
Oyo is commonly referred to as the region of Oyo, it is referred to as an island state that is present in the country of Nigeria in the south and west, and it is the fourth most prosperous state in the Nigerian region. The principal occupation of the people residing here is agriculture. Millets, rice (which is the most common), dry fruit such as cashew, etc. are some of the main crops cultivated. Its economy is focused primarily on its agriculture and crafts.
Imo State $14 Billion
The state of Imo is the fifth most stable and wealthy state in Nigeria. The state of Abia borders it on its east side, the Niger River and the delta region to the west, the state of Anambra to the north, and the state of the river to the south. The place has ample supplies of natural resources , such as natural gas reserves, fine textured sand, crude or unfiltered oil, limestone, etc. In the state, more than 163 oil wells are present.