What are the top 10 Richest States in Nigeria?
Undoubtedly, Nigeria is one of the richest nations in Africa.
We are one of the few nations that have been blessed with so many natural resources, so it is only natural that we amass a lot of wealth from these resources.
As we all know, Nigeria (aka the Giant of Africa) is the most populated country in all of Africa.
To discover the richest states in Nigeria, one has to look into the GDP of these states.
As we all know, towns, states and nations do not have net worth.
Rather, they have what we call GDPs (Gross Domestic Products).
This is actually the final market price of all produced goods and services of a place.
Now, in this article, we are going to look at the states in Nigeria with the highest GDPs.
As we all know, there are 36 states in Nigeria.
However, we are going to look at only ten of these states here.
So, without wasting any more of your time, here are the top ten richest states in Nigeria.
Top 10 Richest States In Nigeria
Here are the top 10 Richest States in Nigeria.
10. Kaduna State – GDP: $10.33 Billion
On the tenth spot in this list of richest states in Nigeria, we have Kaduna state.
Aside from being the tenth richest state, Kaduna is also the second richest northern state in Nigeria.
With a total population of over 6 million people, Kaduna is also one of the most populated states in the country.
This state is one of the most culturally mixed states in Nigeria.
Over 60 different ethnic groups live in this state.
The major wealth of Kaduna state comes from their agricultural sector.
Today, Kaduna has a GDP of $10.63 Billion, making them one of the richest states in Nigeria.
9. Akwa Ibom State – GDP: $11 Billion dollars
Akwa Ibom is a Nigerian state that is located in the southern region.
This state has a total population of over 5 million people.
The main ethnic groups in this state are the Annang, Ibibio, Obolo, Oron, and Eket.
This state houses the world-class information technology called ‘Ibom E-Library’.
This stadium is also one of the best stadiums in Africa as a whole.
With a total GDP of $11 Billion, Akwa Ibom sits firmly as the 9th richest state in Nigeria as a whole.
8. Ogun State – DP: $11.05 Billion
Ogun State is one of the states in the South west region of Nigeria.
This state is the home of over 4 million people.
It is filled with several world class factories.
Even the Dangote Cement Factory is located in Ibese, Ogun State, Nigeria.
Without doubt, Ogun is one of the richest Yoruba states in Nigeria.
With a GDP of $11 Billion, this state sits firmly as the number 8 richest state in the nation.
7. Edo State – GDP: $11.89 Billion
Edo state is the seventh richest state in Nigeria.
This is undoubtedly one of the most famous states in Nigeria.
With a GDP of $11.89 Billion, Edo state is surely a place of wealth.
Like I have said, this state is famous for its capital ‘Benin City’.
Edo attracts a lot of tourists due to their Emotan Statue, The River Niger Beach, and also the Ise Lake.
They have a total population of over 3 million people.
6. Kano State – GDP: $12.39 Billion
Kano state is one of the richest Northern states in Nigeria today.
Today, this state is ranked as the 6th richest state in all of Nigeria.
Kano is a major producer of products from the likes of animal skins and more.
They also distribute products like garlic, cotton, soybeans, and more to other parts of the country.
Aside from being one of the richest states in Nigeria, Kano is also one of the most populous states in the country today.
With a GDP of $12.39 Billion, they sit firmly as the number 6 richest state in Nigeria.
5. Imo State – GDP: $14.21 Billion
On the 5th place in this list of richest states in Nigeria, we have Imo state.
This is a state that is located in the south east region of Nigeria.
Imo state is blessed with natural resources like crude oil, zinc, white clay, limestone, lead, natural gas, and more.
As we speak, there are over 160 oil wells in Imo state.
There are several major oil companies in this state.
Some of them are;
Royal Dutch Shell, Agip, Chevron Mobile, and Addax.
With a total GDP of $14.21 Billion, Delta state is currently the 5th richest state in Nigeria.
4. Oyo State – GDP: $16.12 Billion
Located in the South-West of Nigeria, Oyo state is also one of the richest states in Nigeria today.
This state actually has a total population of over 6 million people and a GDP of about $16.12 Billion.
Oyo state is one of the major producers of Cashew, cocoa, palm oil, cassava, rice, and a few other products.
A major part of the population of Oyo state is into the agricultural sector.
This is the major source of income in Oyo state.
Today, this state is ranked as one of the richest states in Nigeria.
3. Delta State – GDP: $16.75 Billion
Delta State is also one of the richest states in Nigeria.
With a total population of over 4 million people and a total GDP of $16.75 Billion, they sit firmly as the third richest state in Nigeria.
They have several natural resources like limestone, tar sand, and oil & gas.
Just like Rivers state, Delta is one of the states with the highest deposit of natural gas and crude oil.
2. Rivers State – GDP: $21.17 Billion
On the second spot in the list of richest states in Nigeria, we have Rivers state.
Rivers state covers a whopping 11,077 spare kilometers of land in the south-south region in Nigeria.
This state actually has a total population of about 5.2 million people.
With a GDP of over $21 Billion, Rivers state is currently ranked as the second richest state in Nigeria.
This state is blessed with natural reserves of crude oil and gas.
A large percentage of the Nigerian crude oil export comes from this state.
In addition, this state houses Port Harcourt city.
This is one of the major cities in Nigeria.
1. Lagos State – GDP: $33.68 Billion
On the number one spot in the top 10 richest states in Nigeria, we have no other state than Lagos.
Aside from being the richest state in Nigeria, Lagos is also the most developed state in the country today.
Lagos is situated in the South West region of Nigeria.
This state actually covers over 3,000 square kilometers of land.
Today, Lagos is said to be the centre of Nigeria’s economy.
It is also Nigeria’s largest and most populated urban area.
Lagos was once the capital of Nigeria before it was later moved to the Federal Capital Territory Abuja.
Today, Lagos is the financial center of Nigeria, and also the largest economy in Africa.
More on the Richest States in Nigeria
These are the top ten richest states in Nigeria.
There are many more rich states in Nigeria that are naturally blessed with numerous natural resources, but they didn’t make it to this list.
Most of the states in this list are very famous, and most of them have been visited by millions of people across the country.
From this list, we can see that Lagos leads the race of the richest states in Nigeria.
With a GDP of over $33 Billion, they sit firmly as the richest state in the nation.
Lagos managed to keep a major gap of over $10 billion from Rivers state which is in second place.
Most of these states earn from their natural resources, while many others earn from the agricultural sector and production.
Final Thoughts on The Richest States in Nigeria
From the comprehensive list above, you can now see some of the richest states in Nigeria.
With the help of these states and many others not mentioned here, Nigeria is ranked as one of the richest nations in Africa.
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In all, we do hope you have a blissful day.