The richest state in nigeria. He was born in 1949 and hails from Ondo State.
The richest state in nigeria Abdulsamad Rabiu – $7 Billion. Edo Overall GDP: $11. Its governor is always highly influencial especially in Northern Nigeria. 4. Ogun State. 25 4 Imo 19. Richest States in South East Nigeria 1. This state is not only the most populous state, with around 24 million people, but also the financial hub of Nigeria. 6. Feb 27, 2025 · Nigeria is a country rich in natural resources and diverse cultures. The state is the economic hub of the southeastern states and has the lowest poverty rate in Nigeria. Some of its key resources include: Bitumen: The state has one of the largest bitumen deposits in the world. Ondo, a major agricultural state in southwest Nigeria, balances its oil production with rich agricultural outputs, including cocoa and palm oil. With all of these facts, it isn’t astounding that Delta state richest men are many and are among the most affluent men in Nigeria. The state is one of the most prosperous states in Nigeria. Warri is the heart of Delta State and is also home to one of the petroleum refineries in Nigeria. 06% Imo state takes the 8th position of highest oil producing states in Nigeria. Abdulsamad Rabiu is currently second richest billionaire and man in Nigeria with net worth of $7 billion. May 25, 2024 · According to a 2022 report by BudgIT, here are the top 10 richest states in Nigeria ranked by GDP. [1] (bil. Katsina State: is the Sep 14, 2023 · The Ondo State-born billionaire once contested for the governorship of his state under the platform of the All Nigeria People’s Party in 2003 but lost. 679 billion GDP] Image by travel geniuz. The most affluent people in the country have multiple income streams. This state is home to four major ethnic groups: the Bini, Esan, Etsako and Owan. Aug 11, 2024 · Nigeria has produced some of the richest people across various sectors, including oil, gas, real estate, technology, and agriculture. Capital: Asaba. 6 days ago · That state produces 33000 BPD which accounts for 2. These states have large populations which provide a large pool of potential consumers, they have diversified economies, are located in strategic locations, and have received government support in recent years. Dec 25, 2023 · 1. Abdulsamad Rabiu source of wealth and business includes, Cement, flour and sugar. Ogun 9. It is not only the wealthiest state in Nigeria but also the most developed. Here’s a look at the top 10 richest states in Nigeria, based on their Gross Domestic Product (GDP). Jan 19, 2023 · It is the major industrial and financial and center for northern states in Nigeria. $102 billion) Lagos State, the commercial nerve centre of Nigeria, takes the crown as the wealthiest state by GDP. 8B as of 3/1/2016. 76 billion in 2023. 77 trillion. See full list on nigerianfinder. Ebonyi was formed as a state on October 1st, 1996, from Enugu/Abia. It accounts for about 1. It is the commercial hub of the country, with businesses, industries, and the busiest ports. Among the companies under his Group includes NICON Insurance, Nigeria Reinsurance Corporation, NICON Luxury Hotel, Newswatch Magazine, Air Nigeria (the airline that was formerly known as Oct 7, 2024 · Many wealthy Nigerians live in Nigeria, a country recognized for its immense riches and economic diversity. Kano State is one of the most populated in Nigeria, with around 13 million people living there. Photo: canva. RIVERS STATE. Edo State. However, the state’s fortune started changing ever since the assumption of office by Governor Abiodun. Governor Ganduje has been in politics since return of democracy in 1999 serving as Deputy governor and current governor. Read also: Meet 24 Nigerian billionaires in oil and gas industry. 14 billion to the current figure. List of Richest States in Nigeria in 2023 by IGR Feb 27, 2025 · It is also the commercial hub of Nigeria as some of the biggest markets in the country can be found in Lagos state. 75 BILLION) In terms of internally generated revenue, Ondo state boast of generating N16. Niger. 68 billion Per capita: $3649 4. This report is evidence-based and sourced from the most recent information (Half Year 2021) published by the National Bureau of Statistics. (2022-10-13). 01 billion(₦41. Delta State, located in the Niger Delta region, is the fifth richest state in Nigeria. The state generated an IGR of 29. Rivers Overal GDP $21. PRINCE ARTHUR EZE — $5. Apart from being an oil-producing state, Edo state also houses large reserves of other mineral resources like quarry and Aug 28, 2023 · Also Read: Richest Tribes In Nigeria 9. ETINAN LGA. He is a Nigerian and American author whose works are doing great. 7% of the total oil produced in the country and therefore it occupies the 5 th position among the largest oil producing States in Nigeria. Feb 24, 2025 · Lagos State is Nigeria’s richest state with a GDP of $33. The state generates a lot of revenue to the country through crude oil production. The state's wealth is primarily derived from its vast crude oil reserves and extensive petroleum industry. Population: 5,636,100. With 17000 BPD which represents 1. 03 percent higher than N1. org. Mar 4, 2024 · Rivers State, with $21. 17 trillion. "State of States 2022 Edition" (PDF). The landmass of the State stretches across 16, 980 square kilometers while a total of 4 million inhabitants make up its population. Mar 9, 2025 · Kano state is one of the richest states in Nigeria. This has made Adamawa the third poorest state in Nigeria with a 74. Abia State; Imo State; Anambra State – Richest State in Igbo Land. With over 11 million people, Anambra is the eighth most populated state in Nigeria and the second most densely populated, after Lagos. It is popular for its rich history, diverse culture, and strong economic standing. This figure includes the richest men in Nigeria, the richest women in Nigeria, and other prominent people. It’s interesting to note that the state is home to many of the country’s millionaire men. The state is rich in natural resources, such as deposits, limestone, chalk, clay, etc. Rivers State. Aug 8, 2023 · The richest local governments in Nigeria. With the lowest poverty rate, Anambra serves as the economic hub for Southeastern Nigeria, home to major businesses and wealthy individuals, including Aside from that, these states shall also be judged in a little way according to the provision of social amenities to their citizens in the different states. It is arguably the richest and the economic base of Nigeria, as it is is a major financial epic centre and among the largest economy in Africa. Ondo State is heavily dominated by the Yoruba from subgroups of the Akure Oct 29, 2024 · The 36 states of the federation and the Federal Capital Territory (FCT) generated N2. Rivers state is one of the states in Nigeria where its richest men are not mostly politician as obtained in some states in Nigeria. As of 2025, certain Feb 9, 2024 · The billionaire businessman and philanthropist, Oladele Fajemirokun is one of the richest Yoruba men in Nigeria and one of the richest people in Nigeria. Located in the southern part of Nigeria, Akwa-Ibom is home to about 5. It is also the most developed state in Nigeria. 8. Lagos state lead the list of Nigeria richest states with an internally generated revenues of N398,732,246,493. Jan 15, 2025 · The state is also one of the top oil producing states in Nigeria. 93 trillion was generated across the 36 states in Nigeria, including the Federal Capital Territory in 2022 Internally Generated The state's strategic location, coupled with its proactive governance, continues to attract investments, making it the richest state in Nigeria. 1 billion GDP, stands as Nigeria's second richest state. Kano state – IGR: ₦40 billion. It is one of Nigeria’s richest oil-producing states. Lagos state contributes around 20% to Nigeria’s total GDP. Here is a comprehensive list of Nigeria's ten wealthiest local governments, including the state they are located in, population, Gross Domestic Product (GDP) estimates, main economic activities, and land area in square kilometres. Atedo Peterside is in the alliance of most richest people in the oil rich Rivers state with a net worth estimated at $120 million. The former governor has been fingered in a corruption allegation amounting to N100 billion naira. Apr 7, 2023 · Lagos State ($136 billion) Lagos State is the economic hub of Nigeria and the number #1 richest state in Nigeria. Mineral Resources Found in Gombe state. 43 generated only in 2015. Lagos state topped its runners-up by a whopping N604. Apr 5, 2025 · Lagos State is among the richest oil producing States in Nigeria, as a matter of fact, it is the richest State in Nigeria and it produces about 40,000 barrels per day. Lagos is the richest state in Nigeria. Feb 14, 2025 · The capital of Imo is Owerri. 43 trillion internally in 2023, according to the latest data released by the National Bureau of Statistics (NBS). It has a GDP of ₦6. 86 billion comprising of N704. Feb 18, 2025 · 16. Sep 27, 2024 · Anambra State, located in southeastern Nigeria, is one of the richest states in Igbo land. Economy-wise, Rivers State has more than 60% of Nigeria's oil reserves, making it a strategic area for the entire country's economy. 06% of the total oil produced in Nigeria. With an impressive internally generated revenue (IGR) of ₦19,117,468,369. Apr 4, 2022 · Ogun state was already backing out of the list of richest states in Nigeria after losing a whopping sum of about 30m in revenue. This state add it out minute yet important quota of oil to the nation. 17 trillion). 02 5 Delta […] Feb 5, 2024 · Born in Kafanchan Kaduna State, Emeka Offor hails from Irefi Oraifite in Ekwusigo local government area of Anambra State and is arguably considered the richest Igbo man in Nigeria. 75 billion and a per capita of $2,666. Kano is not just among the richest Northern States in Nigeria but is one of the richest in the entire country. The State is located in the South-Western part of Nigeria and is one of the oldest States in Nigeria. Ondo State accounts for just 3. 89 billion Per capita: $3623 5. Aug 31, 2021 · In Nigeria today, Lagos State is currently the richest Nigerian State, the state has been leading as the wealthiest state in Nigeria for years now. Major international oil companies, like Royal Dutch Shell and Chevron, have a substantial presence in Rivers. 19 trillion. Also it is the most populated state in the country with over 25 million citizens living within its territory. Dec 25, 2024 · Anambra State began its ascent to the richest states in Nigeria ranking in 2006 when it debuted Orient Petroleum Refinery (OPR), Nigeria’s first private refinery. Sen. Lagos State. Anambra State holds the title of the richest state in Igbo Land, boasting an annual revenue of approximately N30. Imo state has been touted as the richest Igbo state in Nigeria in terms of Internal Generated Revenue (IGR) The population of Imo is around 4 millions while it number of LGA is 27. List of Richest States in Nigeria 1. 5. Which states are the richest state in Nigeria? This video explores Nigeria's top 10 richest states based on GDP. Imo State. Delta 6. 17 trillion (approx. The firm now operates more than 50 gas stations in Nigeria and is the owner of one of the biggest tank farms in Africa, holding more than 65 million litres of petroleum. The scholar from Ebonyi state is rated among the richest men in the state. It covers 3,577 square kilometers and its GDP is $ 102. Feb 7, 2024 · Rivers State emerges as the second-richest state in Nigeria, with a GDP of $21. Lagos is a finance, commerce, and industry hub, home to Nigeria’s busiest seaports and airports. 1. May 30, 2020 · The richest states in Nigeria based on their mineral resources include: Akwa Ibom, Lagos state, Bayelsa state, Rivers state, Imo state. Nov 1, 2023 · In conclusion, Imo State is home to wealthy men who are billionaires and millionaires. 17 trillion (over $102 billion), making it the richest state in the country. 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