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The Top 10 Local Governments By GDP In Nigeria - Politics - Nairaland

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The Top 10 Local Governments By GDP In Nigeria by NigerianAngelo(m): 12:09pm On Oct 09, 2023

Source: The Naira Economist: https://nairaeconomist.com/2023/10/09/estimated-gdp-figures-of-the-top-local-governments-in-nigeria-world-bank-nbs/

The following table shows the top 10 richest local government areas (LGAs) in Nigeria in terms of gross domestic product (GDP) for 2023:

Rank LGA State GDP (USD billion)
1 Lagos Island, Lagos 10.5
2 Port Harcourt, Rivers 9.8
3 Ikoyi-Obalende, Lagos 7.5
4 Abuja Municipal, FCT 7.3
5 Eket, Akwa Ibom 6.9
6 Amuwo-Odofin, Lagos 5.8
7 Apapa, Lagos 5.6
8 Lekki, Lagos 5.3
9 Surulere, Lagos 5.2
10 Ikeja, Lagos 5.1

It is important to note that there is no official data on the GDP of LGAs in Nigeria. The above estimates are based on a variety of sources, including the National Bureau of Statistics, the World Bank, and private sector research firms.

The top 10 richest LGAs in Nigeria are all located in major urban areas, with Lagos State accounting for seven of the ten. This is due to the fact that these urban areas are home to a large concentration of businesses and industries.

The GDP of the richest LGA, Lagos Island, is estimated to be over USD 10 billion. This is equivalent to the GDP of a small country, such as the Bahamas or Belize.

The wealth of these LGAs has a number of implications for Nigeria. On the one hand, it provides a significant source of revenue for the government. On the other hand, it highlights the inequality that exists between different parts of the country.
Re: The Top 10 Local Governments By GDP In Nigeria by BloomingDale(f): 12:12pm On Oct 09, 2023
I know say that useless Delta state can never be among. Thunder fire all them rogue politicians and the people that vote them in.

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Re: The Top 10 Local Governments By GDP In Nigeria by oz4real83(m): 12:14pm On Oct 09, 2023
Lagos has 7 of the local govts in your list instead of the 6 you talked about in the body of the post. Some states local govts would have been on the list if they had paid more attention to agriculture, unfortunately, they are waiting for federal allocations embarassed
Re: The Top 10 Local Governments By GDP In Nigeria by kettykin: 12:16pm On Oct 09, 2023
What of etiosa, and Abuja municipal. I was thinking the 2 should come first. There is absolutely nothing in ikeja, those who know know
Re: The Top 10 Local Governments By GDP In Nigeria by wittywriter: 12:16pm On Oct 09, 2023
oz4real83:
Lagos has 7 of the local govts in your list instead of the 6 you talked about in the body of the post.



Wittyness
Re: The Top 10 Local Governments By GDP In Nigeria by SoNature(m): 12:18pm On Oct 09, 2023
A lot of money flow in Lagos State.

Lagos is the economic powerhouse of West Africa.

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Re: The Top 10 Local Governments By GDP In Nigeria by FreeStuffsNG: 12:18pm On Oct 09, 2023
That Apapa is more wink

There's nothing like Lekki LGA in Lagos. Epe will soon join the list soon.

Invest in Lagos and the neighbouring Yoruba SW states today! God bless Nigeria for ever!

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Re: The Top 10 Local Governments By GDP In Nigeria by Afamed: 12:19pm On Oct 09, 2023
BloomingDale:
I know say that useless Delta state can never be among. Thunder fire all them rogue politicians and the people that vote them in.

One idiot don tell me before say Delta state is far better than Lagos. That nothing in Lagos. I just kept my peace to myself that Day

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Re: The Top 10 Local Governments By GDP In Nigeria by SoNature(m): 12:22pm On Oct 09, 2023
kettykin:
What of etiosa, and Abuja municipal. I was thinking the 2 should come first. There is absolutely nothing in ikeja, those who know know

Eti-Osa covers Lekki, VI, Ikoyi, Ajah, etc. I noticed that they just removed Lekki from the long list. However, I don't see how Lekki should be richer than Ikoyi or VI... unless their definition of Lekki covers Lekki 1 to VGC axes up to Ajah and Ibjeju-Lekki. By the way, there are lots of things in Ikeja, unless you don't know.

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Re: The Top 10 Local Governments By GDP In Nigeria by YourRealFather: 12:39pm On Oct 09, 2023
And obior apkor didn't make the list undecided
Not even uvwie or eleme ,bonny

Na only Mumu go believe this una list
Re: The Top 10 Local Governments By GDP In Nigeria by CodeTemplar: 12:40pm On Oct 09, 2023
What is Abuja producing? I never knew corruption and prostitution were part of GDP.

1 Like

Re: The Top 10 Local Governments By GDP In Nigeria by Ttipsy(f): 12:45pm On Oct 09, 2023
Abuja ? GDP??

Op are you normal
Re: The Top 10 Local Governments By GDP In Nigeria by Shinjawest: 12:46pm On Oct 09, 2023
Nice one...

God bless the good people of Southsouth and Southwest
Re: The Top 10 Local Governments By GDP In Nigeria by Eriggs: 3:11pm On Oct 09, 2023
FreeStuffsNG:
That Apapa is more wink

There's nothing like Lekki LGA in Lagos. Epe will soon join the list soon.

Invest in Lagos and the neighbouring Yoruba SW states today! God bless Nigeria for ever!
Good submissions.

On another note,
Why are they deleting your comments?
Some one angry about the truth or what?
Re: The Top 10 Local Governments By GDP In Nigeria by Paraman: 3:14pm On Oct 09, 2023
People on nairaland who do claim Lagos is a slum don't have a single LG in the top 10.

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Re: The Top 10 Local Governments By GDP In Nigeria by OVB123: 2:06am On Oct 10, 2023
YourRealFather:
And obior apkor didn't make the list undecided Not even uvwie or eleme ,bonny
Na only Mumu go believe this una list
Wetin dey uvwie? Mtcheeew!
Re: The Top 10 Local Governments By GDP In Nigeria by EXOUSIAng: 2:34am On Oct 10, 2023
Lekki isn't a local government, it should actually be Eti-Osa.
And I think Ikoyi-Obalende is an LCDA, not a full Local governmemt

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