Richest states in Nigeria: Top 20 in 2021

Richest states in Nigeria: Top 20 in 2021

Nigeria is one of the largest countries in Africa, and its population is over 200 million people. According to the administrative division, there are 36 states in Nigeria and one Federal Capital Territory. Can you name the richest state in Nigeria? What about the best state in Nigeria? Find the answers here!

Richest states in Nigeria
Photo: canva.com (modified by author)
Source: UGC

To find the answer to the question - "Which is the richest state in Nigeria?" - It's necessary to look at GDP. Gross Domestic Product is the final market price of all produced goods and services.

Top 20 richest states in Nigeria

Here is the list.

20. Plateau - $5.15 billion

Plateau is located in in the centre of the country, and it covers around 3,178 square kilometres. Plateau is a paradise for tourists. There are plenty sights to visit in Plateau, like the Wildlife Safari Park, the National Museum in Jos, The Museum of Traditional Nigerian Architecture, Jos Zoo, Assop Falls, Kurra Falls, Wase Rock, the Kerang highlands. The total GDP of the region is $5.15 billion..

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19. Borno - $5.18 million

Borno is located in the North East part of the country. The total GDP of the region is $5.18 billion. The total population is around 6,000,000 people. The dominant ethnic group in Borno is the Kanuri.

18. Niger - $6 billion

Niger is located in East Central Nigeria and considered to be the largest state in the country. It covers a territory of 76,363 square kilometres. It`s one of the richest states in Nigeria with the total GDP of the region being $6 billion. Still, it's not the most populated state in the country. The total population is around 4,000,000 people. It has two major hydroelectric power stations, the Shiroro Dam and the Kainji Dam.

17. Katsina - $6 billion

Katsina is located in the North-West zone of the country. It's one of the smallest states in Nigeria - it covers a territory of around 24,192 square kilometres. The total population of Katsina is 6,500,000 people, where the largest ethnic group is the Hausa.

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The dominant religion of Katsina is Islam. The total GDP of Katsina is $6 billion.

Katsina is the capital of education in the country.

16. Anambra - $6.76 billion

Anambra is located in the South Central region of the country. It covers a territory of around 4,844 square kilometres, which makes it the second smallest state in the country after Lagos.

The indigenous and dominant ethnic group in Anambra is the Igbo. Its GDP is $6.76 billion. Anambra is rich in oil and gas resources.

Benue State
Image: facebook.com, @benuestategovernment
Source: Facebook

15. Benue - $6.86 billion

Benue is situated in the South East of the conutry. It covers a territory of around 34,059 square kilometres. The total GDP of Benue is $6.86 billion. The total population is around 4,500,000 people.

Benue is rich in agricultural resources. It claims to be the food basket of the country. It produces cocoyam, sesame, millet, sorghum, soybean, maize, potato, cassava, beans, rice and yam. The economy of the region is dependent on the agricultural sector. Around 80% of Benue's population is engaged in agriculture.

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14. Osun - $7.28 billion

Osun (popularly referred to as Land of Virtue) is situated in the South West of the country. It covers a territory over 9,251 square kilometres. The total population is around 4,200,000 people. The total GDP of Osun is $7.28 billion.

Osun is dominated by the Yoruba people; the major sub-ethnic groups are Igbomina, Ibolo, Oyo, Ijesha, Ife and Osun. The dominative religions are Islam and Christianity.

13. Ondo - $8.41 billion

Ondo is located in the South East part of the country and covers a territory of 15,500 square kilometres. The overall population of Ondo is 3,500,000 people, and its GDP is $8.41 billion. There are many ethnic groups in Ondo, like the Owo, Ondo, Ilaje, Oktipupa, Akure and Akoko. The dominant religion in Ondo is Islam.

12. Abia - $8.68 billion

Abia is located in the Southern part of the nation. It covers a territory of around 6,320 square kilometres. The overall population of the region is 3,000,000 people.

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Abia is rich in oil and gas production, which contributes over 40% of its GDP. There are over 100 oil wells in Abia that produce 36,000 barrels of crude oil per day. The total GDP of Abia is $8.68 billion.

11. Cross River - $9.29 billion

Cross River is situated in the South East part of tha country. It borders Cameroon on the East. The overall population is around four million people. Cross River is composed of three major ethnic groups: the Bekwarra, the Ejagham and the Efik. Its GDP is $9.29 billion.

Top 10 richest states in Nigeria

Here are the top 10 richest states in the country:

Kaduna State
Image: facebook.com, @Newkaduna
Source: Facebook

10. Kaduna - $10.33 billion

Kaduna is located in the Northern Central part of the country. Its total population is 6.1 million people. Kaduna is one of the most multicultural states in the nation with more than sixty various ethnic groups living here. Its GDP is $10.33 billion. The major part of the economically active population works in the agricultural sector.

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9. Ogun - $11 billion

Ogun is located in the South West region of the nation. The overall population is around four million residents. The region is notable for a high concentration of factories, like Procter and Gamble in Agbara, Coleman Cables in Arepo, Lafarage Cement in Ewekoro, Dangote Cement in Ibese. Its GDP is $11 billion.

8. Akwa Ibom - $11 billion

Akwa Ibom is located in the South of the country. Its total population is 5.5 million people. The region is home to the word class information centre – the Ibom E-library. The main ethnic groups in Akwa Ibom are the Ibibio, Annang, Oron, Eket and Obolo. Its GDP is $11 billion.

7. Edo - $11.89 billion

Edo's capital is Benin City. The total population of Edo is 3.5 million people with a GDP of $11.89 billion. Edo is famous for its tourist attractions, like the Emotan Statue in Benin City or River Niger Beach and Ise Lake in Agenebode.

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6. Kano - $12.39 billion

Kano's estimated population is around 11 million people with a GDP of $12.39 billion. Kano is a major producer of skins and hides. It also produces chili pepper, gum Arabic, garlic, cotton, soybean and sesame.

Imo State
Image: facebook.com, @misstourismimo
Source: Facebook

5. Imo - $14.21 billion

Imo is located in the South East of Nigeria. Its GDP is $14.21 billion. Imo is rich in natural resources, like zinc, natural gas, crude oil, lead, limestone, fine sand and white clay. There are over 163 oil wells in Imo. The main petroleum companies in the region are Agip, Royal Dutch Shell, Chevron Corporation and Addax Petroleum.

4. Oyo - $16.12 billion

Oyo is located in the South West region of Nigeria. It is one of the top 20 richest states of Nigeria. The overall population of Oyo is around six million people. Its GDP is $16.12 billion. The major part of the economically active population works in the agricultural sector. Oyo produces cashews, palm oil, cocoa, plantains, rice, millet, cassava, yam and maize.

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3. Delta - $16.75 billion

Delta is located in the South region of Nigeria. The overall population of the region is 4.1 million people. Its GDP is $16.75 billion. It is rich in natural resources, like limestone, decorative rocks, tar sand, kaolin, lignite, silica and industrial clay. Delta also has one of the largest deposits of crude oil and natural gas in Nigeria.

2. Rivers - $21.17 billion

This is one of the richest states in Nigeria. It covers an area of 11,077 square kilometres. The population of Rivers is 5.2 million people, and its GDP is $21.17 billion. The region is rich in vast reserves of natural gas and crude oil. More than 60% of Nigerian crude oil output. Moreover, Rivers also houses Port Harcourt.

Lagos State
Image: facebook.com, @LAGOSNIGERIA01
Source: Facebook

1. Lagos - $33.68 billion

Lagos tops the list of the top 10 richest states in Nigeria. It is also the most developed state in Nigeria.

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It is located in the South West region. It covers 3,577 square kilometre and its GDP is $33.68 billion.

Lagos State is arguably the most economically important state of the country, containing Lagos, the nation's largest urban area. It is a major financial centre and would be the fifth largest economy in Africa, if it were a country.

This breakdown of the richest states in Nigeria proves just how blessed our country is. For more interesting information, keep reading Legit.ng.

Source: Legit Nigeria

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