The richest state in nigeria 2025 wikipedia Photo: canva. Jun 25, 2023 · The richest states in Nigeria based on their GDP are: Lagos state** with an estimated GDP of $102. [8] May 23, 2024 · The richest states in Nigeria are the main drivers of this wealth, significantly contributing to sectors such as tourism, cultural heritage, education, and intellectualism. Abia state was created out of Imo State, and the two sister states share boundaries. Nigerian women and girls are taken to Europe, especially to Italy and Russia, and to Ideally, based on Internally Generated Revenue (IGR) without doubt, as at April 2025 Lagos is richest state in Nigeria, but when based on availability of mineral resources like Crude oil, bitumen and the likes, Delta state, Rivers and Bayelsa states will be considered the Richest states in Nigeria since they are listed among the top 10 oil Feb 17, 2025 · Located on a sprawling 6,200-acre campus in Nigeria’s Lekki Free Zone about an hour outside Lagos, the refinery processed around 350,000 barrels of crude per day (b/d) in the second half of 2024 This is a list of U. O. According to the 2025 Forbes ranking of the world's billionaires, Nigerian business magnate Aliko Dangote had a net worth of US$28. Nigeria's debt-to-GDP ratio was 36. Kano State has the largest Local Government Areas in Nigeria. What is the richest city in Nigeria? Port Harcourt is the richest city in Nigeria. Gabriel Osawaru Igbinedion is the current richest man in Benin, Edo state with an estimated net worth of $250 million. 63% in 2021 according to the IMF. Kano State is one of the most populated in Nigeria, with around 13 million people living there. He is one of the richest and wealthiest men in Anambra State, Nigeria. He is the founder and chairman of Zinox Group. states and territories by gross domestic product (GDP). The State is located in the south-eastern part of Nigeria. Abdulsamad Rabiu source of wealth and business includes, Cement, flour and sugar. ” These individuals are often popularly referred to as “Big Boys. HRH Frederick Obateru Akinruntan is the founder and chairman of OBAT Oil which is a major player in Nigeria oil and gas upstream sector. [5] According to the national census done in 2006, Kano State is the most populous state in Nigeria. Here’s a look at the top 10 richest states in Nigeria, based on their Gross Domestic Product (GDP). [39] In 2012 The Guardian wrote that he is the richest man in Africa and the richest black man in the world. 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. Africa Media Review. 2 (3) – via Michigan State University Libraries, African e-Journals Project. Nigeria and several other West African countries have been identified as the origins of numerous wealthy individuals involved in online fraud, commonly known as “Yahoo boys. [6] 2025 Suleja fuel tanker explosion: At least 98 people are killed after a crashed fuel truck explodes near Suleja, Niger State. GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). Delta State Revenue: 83. a city with rotten infrastructure and zero government pretense. [1] May 31, 2021 · Blessed with a vast deposit of crude oil and natural gas, Rivers state is the second-richest state in Nigeria and the number 1 in the South-south region of the country. Nov 1, 2018 · In this post, we have highlighted the top 10 richest states based on their GDP and internally generated revenues. Kano state – IGR: ₦62. Abia State is also referred to as God Nigerian Americans; Total population; 760,079 (2023) [1] (ancestry or ethnic origin) 476,008 (2023) [2] (born in Nigeria) Regions with significant populations; Texas (especially Houston, Dallas–Fort Worth and San Antonio) • Northeastern US (especially NYC, Boston, New Jersey and Philadelphia) • California (Los Angeles, Bay Area) • Florida (Miami, Tampa, Orlando) • Georgia • Chicago Mar 11, 2025 · With a population of over 25 million people, Lagos state is not only the most populous state but also the highest revenue generating state in Nigeria. ” Lagos State, with a Gross domestic product (GDP) in 2025 estimated to be over US$250 billion, [70] is the major economic centre of Nigeria. Kogi State is a state in the North Central region of Nigeria, bordered to the west by the states of Ekiti and Kwara, to the north by the Federal Capital Territory, to the northeast by Nasarawa State, to the northwest by Niger State, to the southwest by the states of Edo and Ondo, to the southeast by the states of Anambra and Enugu, and to the west by Benue State. Nigeria is admitted to BRICS as a "partner country". This billionaire is ranked by Forbes as the richest man in Africa and Nigeria with a net worth 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. Daniel Kolawole Olukoya: Dr Daniel Kolawole Olukoya: 1989: Yaba [13] The Apostolic Church Nigeria: Emmanuel Segun Awojide: 1918: Lagos State [14 Mar 11, 2025 · Kano state is the most populated state in Nigeria according to the census conducted in 2019 with a population of over 14. Bayelsa 6. Jan 15, 2025 · LIST OF TOP 10 RICHEST MEN IN EDO STATE & NET WORTH (2025) Below are the richest people from Edo state and their various net worth this 2025: CHIEF GABRIEL OSAWARU IGBINEDION NET WORTH – $250 MILLION. Ogun 10. He is also the chairman of Konga. Kano is not just among the richest Northern States in Nigeria but is one of the richest in the entire country. Rank Country GDP (PPP) per capita (2023 int'l dollars) [1]; 1 Seychelles 41,180 2 Mauritius 29,882 3 Libya 24,196 4 Botswana 19,260 5 Gabon 18,862 6 Equatorial Guinea 18,395 7 Wealthiest and Richest Men in Nigeria according to Forbes in 2025 8. Abia State is known as one of the constituent states of the Niger Delta region. J. Based on these factors, the top 10 richest states in Nigeria are as follows: Lagos State (IGR N400 billion) Rivers State (IGR N123. Gabriel Olutola (born 1933 in Ilesa, Osun State) is a Nigerian pastor and president of The Apostolic Church Nigeria. With an upper population estimated above 21 million dwellers, it is the largest city in Nigeria, and the most populous urban area on the African continent. He surpassed King Olubuse II, the Ooni of Ife, with $225 million and the Swaziland King Mswati III by over $200 million to become Africa's second richest king in 2014 behind Mohammed VI of Morocco. The data source for the list is the Bureau of Economic Analysis (BEA) in 2024. 5 days ago · Here are the top 20 richest men in Nigeria and their net worth as ranked by Forbes’ list this 2025. Nigeria produces about 2. The following is a list of music artists with the highest recorded net worth (also known as wealthiest musicians or richest musicians), based on calculations by reputable publications such as Forbes and The Sunday Times Rich List. Although the petroleum sector is important, as Nigeria's government revenues still heavily rely on this sector Sep 14, 2023 · The state is Nigeria’s most populous state and has a GDP of $12. Almost 80% of assets and investments in this state generate an annual income of over Billionaires in Turkey in 2017 according to Forbes [4]; World Rank Name Net worth ()Source of wealth 660: Hüsnü Özyeğin: 3. His impact on the burgeoning community of content creators often goes unnoticed. Ogbara, had 8 wives and 52 children, [6] and Folorunso's mother was his first. 2billion. Lagos 2. Situated in the Niger Delta region, Rivers State boasts a vibrant economy fueled by its oil and gas industries. Feb 27, 2025 · As of 2025, certain states stand out due to their significant economic activities and contributions. states, territories, and Washington, D. Kano 8. In a list format, out of all the 36 states and capitals in Nigeria, these are the top richest Nigerian states this year. The wealth of the states is determined mainly by their internal revenue and capital income. [8] Jul 22, 2023 · In addition to being one of the richest states in Nigeria, the comparative advantage of Ogun State resides primarily in its strategic location, which borders the State of Lagos and provides access to the ocean and the Republic of Benin. He was born in Agbor, Delta State. Feb 7, 2024 · Rivers State emerges as the second-richest state in Nigeria, with a GDP of $21. 7% of the world's oil supply. Mar 20, 2025 · He is as well the richest man in Nigeria and Africa. In the 1970s, the Nigerian government signed agreements with four foreign manufacturers to invest in assembly plants within the country. S. Mar 15, 2025 · The Nigerian states that generates the highest income are also the richest in the country this 2025. Renowned Nigerian content creator and comedian, Sydney Egere, known as Sydney Talker, stands as one of the most underestimated skit makers in Nigeria. Alhaji Aliko Dangote Net Worth $8. With over-dependence on oil and a very large population, the country still struggles despite its comfortable lead. This is so because the source of their Internally Generated Revenue (IGR) caters for their needs. 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 Aug 7, 2023 · The top 10 richest states in Nigeria in 2023, according to their gross domestic product (GDP) are wealthy due to similar reasons. 2 million people. As of 2024, the state was ranked as the 20th most populous state (5,250,000) in Nigeria. [1] See the map to the right for GDP in 2010[2] Rank State PPP GDP (2010;in millions of USD) Jan 8, 2024 · Top 10 Richest States In Nigeria 2024 With Revenue Sources. Delta Overall GDP: 16. One of the most essential features of the state is the “River Niger” that flows through the borders of the state. Lagos state lead the list of Nigeria richest states with an internally generated revenues of N398,732,246,493. 3 billion and was Hurun Global Rich List Cities (2025) [2] [3] Rank cities of residents Number of billionaires Country/Territory 1 New York: 129 United States: 2 London: 97 United Kingdom: 3 Shanghai: 92 China: 4 Beijing: 91 China: 5 Mumbai: 90 India: 6 Shenzhen: 85 China: 7 Hong Kong: 74 Hong Kong: 8 Moscow: 69 Russia: 9 New Delhi: 63 India: 10 San Francisco Jun 27, 2015 · The following table presents a listing of Nigeria's 36 states ranked in order of their total GDP (PPP) in 2007. The state has its capital at Umuahia while the commercial city of the state is Aba. Sep 23, 2024 · Lagos State is the economic powerhouse of Nigeria. Delta State, another oil-producing region in the Niger Delta, the state has vast oil and gas reserves. With an IGR of N172. Forbes Top 10 Nigerian Billionaires & Net Worth this 2025 1. [3] The name of her mother was Saadat Bakini [4] Bola Shagaya is known to have had her secondary school education at Queens School, Ilorin, and her tertiary education at Ahmadu Bello University, Zaria and Armstrong College in California, where she studied economics and accountancy. 3 days ago · Below are people who were included in the big list of Nigerian billionaires this 2025. Jimoh Ibrahim is one of the richest Nigerian men currently holding the 8th spot, h e is a native of Ondo state and he spent most of his life in the Southwestern region of the country, Jimoh secured his first degree and Masters in Law from the prestigious Obafemi Awolowo University in Osun state. Jimoh Ibrahim Net Worth. com (modified by author) Mar 24, 2025 · The Monarch from Ondo state is estimated to worth a whopping $300 million according to Forbes magazine and Wikipedia. Edo, officially known as Edo State, is a state in the South-South geopolitical zone of the Federal Republic of Nigeria. 17 trillion (approx. jzbqid tuwguypi sclg inqaw atci eqfb yoondc nzfd iwhwsb cuviniq vxqfg ydjewcw hgodhnk qivfi zmh