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These Are The States Where The Richest Nigerians Live by Aderewah: 3:11pm On Jun 16, 2021
The National Bureau of Statistics in 2013 released the Gross Domestic Product (GDP) estimates for each of the states in Nigeria and the Federal Capital Territory, Abuja for the year 2010. This is the one and only time that does figures have been calculated.
At Kingmakers.com we were curious to find out what each state’s GDP might further down the line and see how the different states are faring economically as a unit for our State of States Report.
Our approach was to try and forecast the GDP per Capita based on socioeconomic economic indicators that could influence it. To get our baseline figures, we took the GDP calculations for 2010 for each of the states as released by the National Bureau of Statistics used that to get an estimate of the GDP Per Capita for each state by dividing the GDP by the projected population in each state for the year 2010.
After going through several models in order to forecast the GDP for each of the state, we settle on a multiple regression model that forecast the change in the GDP Per Capita of each of the state.
We derived the model by looking at the change in the GDP per capita for the whole of Nigeria from 2010 to 2015 and then examined all the socioeconomic indicators we had available to us. We settled on the following 5 independent predictors when their relationships were looked at gave us the highest statistical relevance possible in determining the rate of change in GDP per capita.
The indicators included
Adult Life Expectancy
Infant Mortality Rate
Female Labour Participation Rate
Unemployment Rate
Adult Literacy Rate
The model used for calculating is shown below.
Y = b0 + b1X1 + b2X2 + b3X3 + b4X4 + b5X5
Y: Percentage in GDP per capita
b0: Intercept
b1: Adjusted percentage change in adult life expectancy
X1: Coefficient for percentage change in adult life expectancy
b2: Adjusted percentage change in infant mortality rate
X2: Coefficient for percentage change in infant mortality rate
b3: Adjusted percentage change in female labour participation rate
X3: Coefficient for percentage change in female labour participation rate
b4: Adjusted percentage change in unemployment rate
X4: Coefficient for percentage change in unemployment rate
b5: Adjusted percentage change in adult literacy rate
X5: Coefficient for percentage change in adult literacy rate
The value of each of variables were adjusted in order to deal with the wide variation in the changes to the value of the indicators on the national level as compared to those experienced on the state level. While the changes on the national level tended to be in small units, that on state level tended to be much larger, sometimes in the tens of units.
We adjusted the values being passed to the model to deal with the wide variations by multiplying the input value of the state with an indicator factor. The indicator factor was derived from finding the value of the percentage of in the indicator at a particular state level that gave a unit change in value at the national level.



Source: https://medium.com/kingmakers/how-we-projected-the-gdp-for-states-in-nigeria-5ccc5e2c85f7

1 Like

Re: These Are The States Where The Richest Nigerians Live by Nobody: 3:17pm On Jun 16, 2021
Aderewah:
[s]The National Bureau of Statistics in 2013 released the Gross Domestic Product (GDP) estimates for each of the states in Nigeria and the Federal Capital Territory, Abuja for the year 2010. This is the one and only time that does figures have been calculated.
At Kingmakers.com we were curious to find out what each state’s GDP might further down the line and see how the different states are faring economically as a unit for our State of States Report.
Our approach was to try and forecast the GDP per Capita based on socioeconomic economic indicators that could influence it. To get our baseline figures, we took the GDP calculations for 2010 for each of the states as released by the National Bureau of Statistics used that to get an estimate of the GDP Per Capita for each state by dividing the GDP by the projected population in each state for the year 2010.
After going through several models in order to forecast the GDP for each of the state, we settle on a multiple regression model that forecast the change in the GDP Per Capita of each of the state.
We derived the model by looking at the change in the GDP per capita for the whole of Nigeria from 2010 to 2015 and then examined all the socioeconomic indicators we had available to us. We settled on the following 5 independent predictors when their relationships were looked at gave us the highest statistical relevance possible in determining the rate of change in GDP per capita.
The indicators included
Adult Life Expectancy
Infant Mortality Rate
Female Labour Participation Rate
Unemployment Rate
Adult Literacy Rate
The model used for calculating is shown below.
Y = b0 + b1X1 + b2X2 + b3X3 + b4X4 + b5X5
Y: Percentage in GDP per capita
b0: Intercept
b1: Adjusted percentage change in adult life expectancy
X1: Coefficient for percentage change in adult life expectancy
b2: Adjusted percentage change in infant mortality rate
X2: Coefficient for percentage change in infant mortality rate
b3: Adjusted percentage change in female labour participation rate
X3: Coefficient for percentage change in female labour participation rate
b4: Adjusted percentage change in unemployment rate
X4: Coefficient for percentage change in unemployment rate
b5: Adjusted percentage change in adult literacy rate
X5: Coefficient for percentage change in adult literacy rate
The value of each of variables were adjusted in order to deal with the wide variation in the changes to the value of the indicators on the national level as compared to those experienced on the state level. While the changes on the national level tended to be in small units, that on state level tended to be much larger, sometimes in the tens of units.
We adjusted the values being passed to the model to deal with the wide variations by multiplying the input value of the state with an indicator factor. The indicator factor was derived from finding the value of the percentage of in the indicator at a particular state level that gave a unit change in value at the national level.



Source: https://medium.com/kingmakers/how-we-projected-the-gdp-for-states-in-nigeria-5ccc5e2c85f7[/s]



Come up with your own solution and stop copying people's theory.

This is just plagiarism.


There is nothing new in your research just old verbatim.


Africans are so docile that even a simple Indepth research they can't do.

Nigeria is the worst , even their processors just copy people's work with reckless abandon.

26 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 3:27pm On Jun 16, 2021
Why are you pained? grin
How is it plagiarism when there is a quoted source?

Juliusmalema:




Come up with your own solution and stop copying people's theory.

This is just plagiarism.


There is nothing new in your research just old verbatim.


But why so many tears, Mr Julius. How is it plagiarism when the source is mentioned?

Africans are so docile that even a simple Indepth research they can't do.

Nigeria is the worst , even their processors just copy people's work with reckless abandon.

16 Likes

Re: These Are The States Where The Richest Nigerians Live by mrvitalis(m): 3:27pm On Jun 16, 2021
I'm from imo but it's impossible for imo to have higher GDP than anambra n abia ...u people should stop writing rubbish

Trade volume in onitsha main market is over 10 billion naira per day ...we are talking close to a billion dollars per month , that's around 12 billion dollars per year

It's absolutely impossible for anambra GDP to be less than $20 billion minimum

Anambra n abia service the whole south east n 70% of south south with parts if north Central

Trade alone between Aba and port Harcourt alone is worth millions of dollars per day

Let's all be realistic ...

45 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by IgweOfNnewi: 3:29pm On Jun 16, 2021
Re: These Are The States Where The Richest Nigerians Live by IgweOfNnewi: 3:29pm On Jun 16, 2021
we are here
Re: These Are The States Where The Richest Nigerians Live by Nobody: 3:30pm On Jun 16, 2021
Aderewah:
But why so many tears, Mr Julius. How is it plagiarism when the source is mentioned?


Something entirely new.

I am tired of reading recycled research.
Re: These Are The States Where The Richest Nigerians Live by BKayy: 3:30pm On Jun 16, 2021
Afonjas challenging the international community with their fake statistics.
International community brings satellite view, measured experiments/analysis, pictorial proof and announced their results.
Afonja NBS under one Afonja woman brings up pen write that people squatting in brown roof are very rich just that they don't show it, concludes the result and make up rankings saying Believe us we are in Nigeria.
Shameless people

According to her, Oyo with all her brown roofs and beggars have richer people than Imo State where wasting of money every night in the name of clubbing is a culture. Imo that arguably is a little bit less or have more standard clubs and hotels than Lagos. Or Enugu that if they post her picture you will think is Prague

13 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 3:33pm On Jun 16, 2021
BKayy:
Afonjas challenging the international community with their fake statistics.
International community brings satellite view, measured experiments/analysis, pictorial proof and announced their results.
Afonja NBS under one Afonja woman brings up pen write that people squatting in brown roof are very rich just that they don't show it, concludes the result and make up rankings saying Believe us we are in Nigeria.
Shameless people

Why are you a fool like this? An igbo man made this research.

18 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by Factshunter: 3:33pm On Jun 16, 2021
BKayy:
Afonjas challenging the international community with their fake statistics.
International community brings satellite view, measured experiments/analysis, pictorial proof and announced their results.
Afonja NBS under one Afonja woman brings up pen write that people squatting in brown roof are very rich just that they don't show it, concludes the result and make up rankings saying Believe us we are in Nigeria.
Shameless people

According to her, Oyo with all her brown roofs and beggars have richer people than Imo State where wasting of money every night in the name of clubbing is a culture. Imo that arguably is a little bit less or have more standard clubs and hotels than Lagos. Or Enugu that if they post her picture you will think is Prague

You are frustrated, angry for nothing. What a load of tears in one mention. grin

18 Likes 2 Shares

Re: These Are The States Where The Richest Nigerians Live by Kinematics: 3:34pm On Jun 16, 2021
God bless Rivers State,
God bless the good people of Niger Delta.

2 Likes

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 3:34pm On Jun 16, 2021
BKayy:
Afonjas challenging the international community with their fake statistics.
International community brings satellite view, measured experiments/analysis, pictorial proof and announced their results.
Afonja NBS under one Afonja woman brings up pen write that people squatting in brown roof are very rich just that they don't show it, concludes the result and make up rankings saying Believe us we are in Nigeria.
Shameless people

According to her, Oyo with all her brown roofs and beggars have richer people than Imo State where wasting of money every night in the name of clubbing is a culture. Imo that arguably is a little bit less or have more standard clubs and hotels than Lagos. Or Enugu that if they post her picture you will think is Prague

You people always make anecdotal proof. If someone does research and present it, you immediately dismiss. Then you counter with something your uncle's girlfriend told you or "facts on ground" nonsense verbatim. Why does Oyo have bigger IGR than Imo?

15 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by Factshunter: 3:34pm On Jun 16, 2021
Aderewah:


Why are you a fool like this? An igbo man made this research.
Please, let him cry. It's allowed, it won't change a thing. He's under sorrowful blanket at the mement.

10 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 3:37pm On Jun 16, 2021
Juliusmalema:



Something entirely new.

I am tired of reading recycled research.

You can then make one. You can use things like data subscription, commodities purchase to form your won conclusions. Places where many Nigerians go tp establish business and sell are where the richest Nigerians are concentrated.

2 Likes

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 3:40pm On Jun 16, 2021
mrvitalis:
I'm from imo but it's impossible for imo to have higher GDP than anambra n abia ...u people should stop writing rubbish

Trade volume in onitsha main market is over 10 billion naira per day ...we are talking close to a billion dollars per month , that's around 12 billion dollars per year

It's absolutely impossible for anambra GDP to be less than $20 billion minimum

Anambra n abia service the whole south east n 70% of south south with parts if north Central

Trade alone between Aba and port Harcourt alone is worth millions of dollars per day

Let's all be realistic ...

How exactly did you arrive at these figures? And do they reflect in the IGR and subsequently projects in the state? Thank you.

3 Likes

Re: These Are The States Where The Richest Nigerians Live by pricklewane: 3:42pm On Jun 16, 2021
As usual everything that does not favour igbo is false. Awon oloshi oloriburuku people.

mrvitalis:
I'm from imo but it's impossible for imo to have higher GDP than anambra n abia ...u people should stop writing rubbish

Trade volume in onitsha main market is over 10 billion naira per day ...we are talking close to a billion dollars per month , that's around 12 billion dollars per year

It's absolutely impossible for anambra GDP to be less than $20 billion minimum

Anambra n abia service the whole south east n 70% of south south with parts if north Central

Trade alone between Aba and port Harcourt alone is worth millions of dollars per day

Let's all be realistic ...

7 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by Nobody: 3:44pm On Jun 16, 2021
Aderewah:


You can then make one. You can use things like data subscription, commodities purchase to form your won conclusions. Places where many Nigerians go tp establish business and sell are where the richest Nigerians are concentrated.


It is obvious you just concotted this in your room with no field experience.

That's why an average Nigeria can couple a tool by mouth but won't do it practically.

The whole thing you wrote here are just computer rubbish with no proper field experience.


It is gibberish. Go back , spend , spend and conduct something new and healthy research
.

1 Like

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 3:48pm On Jun 16, 2021
Juliusmalema:



It is obvious you just concotted this in your room with no field experience.

That's why an average Nigeria can couple a tool by mouth but won't do it practically.

The whole thing you wrote here are just computer rubbish with proper field experience.


It is gibberish. Go back , spend , spend and conduct something new and healthy research
.

Something must not be working well in you. Check the source. The research was compiled by a research company headed by an Igbo man. You people are known to deride anything that does not tally with your overblown ego.

11 Likes 4 Shares

Re: These Are The States Where The Richest Nigerians Live by FreeIgbos: 3:50pm On Jun 16, 2021
Another NBS bulshit grin grin
They keep churning out oluwole statistics to maintain a fake impression grin grin

You can't be rich and still be living in slums na, wealth and affluence are things you can't hide.

Ihe agba n'aka, ejighi enyo ele ya~~Igbo proverb. undecided

4 Likes

Re: These Are The States Where The Richest Nigerians Live by mrvitalis(m): 3:52pm On Jun 16, 2021
Aderewah:


How exactly did you arrive at these figures? And do they reflect in the IGR and subsequently projects in the state? Thank you.

Where do u live let's start from there

2 Likes

Re: These Are The States Where The Richest Nigerians Live by Nobody: 3:55pm On Jun 16, 2021
Aderewah:


Something must not be working well in you. Check the source. The research was compiled by a research company headed by an Igbo man. You people are known to deride anything that does not tally with your overblown ego.

I am not interested who concotted the cheap and inferior research. It can stand the test of time.

Go back and do something properly worth your knowledge.

It is highly disgraceful of what you are brandishing online no+b1x1+ .....what's this ribbish if not some sort of copied theory by western erudites.

Go and read to research well.

1 Like

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 3:58pm On Jun 16, 2021
mrvitalis:


Where do u live let's start from there

Ibadan, Oyo state.

5 Likes

Re: These Are The States Where The Richest Nigerians Live by FreeIgbos: 3:59pm On Jun 16, 2021
mrvitalis:
I'm from imo but it's impossible for imo to have higher GDP than anambra n abia ...u people should stop writing rubbish

Trade volume in onitsha main market is over 10 billion naira per day ...we are talking close to a billion dollars per month , that's around 12 billion dollars per year

It's absolutely impossible for anambra GDP to be less than $20 billion minimum

Anambra n abia service the whole south east n 70% of south south with parts if north Central

Trade alone between Aba and port Harcourt alone is worth millions of dollars per day

Let's all be realistic ...

You don't need to bring Imo State down to pass your message na. Oil and gas alongside property development plays a huge role in determining GDP of a state, that's why you see the Niger Delta states with little except oil activity having bogus figures. Out of the 36 states, you didn't see any state to use to extrapolate but you chose Imo?

Anyways, the statistics is crap.

1 Like

Re: These Are The States Where The Richest Nigerians Live by Factshunter: 4:00pm On Jun 16, 2021
Aderewah:


How exactly did you arrive at these figures? And do they reflect in the IGR and subsequently projects in the state? Thank you.

You are asking him a very destructive and dangerous question. The question is a suicide mission.

Imao!!!! grin grin

10 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by Factshunter: 4:01pm On Jun 16, 2021
FreeIgbos:
Another NBS bulshit grin grin
They keep churning out oluwole statistics to maintain a fake impression grin grin

You can't be rich and still be living in slums na, wealth and affluence are things you can't hide.

Ihe agba n'aka, ejighi enyo ele ya~~Igbo proverb. undecided


Another victim of tears, had I known. grin
Imao!!!!

12 Likes 2 Shares

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 4:02pm On Jun 16, 2021
Juliusmalema:


I am not interested who concotted the cheap and inferior research. It can stand the test of time.

Go back and do something properly worth your knowledge.

It is highly disgraceful of what you are brandishing online no+b1x1+ .....what's this ribbish if not some sort of copied theory by western erudites.

Go and read to research well.

Now I get you. We should leave the educated way of doing research and resort tp the crude ways you are used to, which is "try and travel" chestbeating. Okay. Why do more Igbos come to Southwest than yorubas to the southeast. Before you say your normal foolish rhetoric, Yorubas travel daily to US, Uk, Canada, Australia, Ghana and SouthAFrica. And we all know people travel from poorer areas to richer areas. So why are people not rushing to the east?

14 Likes 2 Shares

Re: These Are The States Where The Richest Nigerians Live by mrvitalis(m): 4:03pm On Jun 16, 2021
FreeIgbos:


You don't need to bring Imo State down to pass your message na. Oil and gas alongside property development plays a huge role in determining GDP of a state, that's why you see the Niger Delta states with little except oil activity having bogus figures. Out of the 36 states, you didn't see any state to use to extrapolate but you chose Imo?

Anyways, the statistics is crap.
I'm from imo sir relax there is no way imo can be higher than anambra in terms of GDP oil or no oil

1 Like

Re: These Are The States Where The Richest Nigerians Live by mrvitalis(m): 4:04pm On Jun 16, 2021
Aderewah:


Ibadan, Oyo state.
Ask someone in south south or south east where they get their goods from

2 Likes

Re: These Are The States Where The Richest Nigerians Live by Aderewah: 4:06pm On Jun 16, 2021
mrvitalis:

Ask someone in south south or south east where they get their goods from

Why can't you make an informed assertion without all these beer parlor anecdotes. SO I should leave my office and start looking for SS/SE people to ask where they get goods. Don't be a kid. State and point and Ill disprove all your fallacies.

11 Likes 1 Share

Re: These Are The States Where The Richest Nigerians Live by FreeIgbos: 4:07pm On Jun 16, 2021
mrvitalis:

I'm from imo sir relax there is no way imo can be higher than anambra in terms of GDP oil or no oil

I didn't ask you which state you're from, you can be from Imo and still be ignorant about this.

That you've chosen to narrow the argument down to a comparison between Imo and Anambra shows a crab mentality.

Meanwhile, this is not the first time figures are peddled showing Imo to have a bigger GDP than many states including Anambra.

1 Like

Re: These Are The States Where The Richest Nigerians Live by mrvitalis(m): 4:08pm On Jun 16, 2021
FreeIgbos:


I didn't ask you which state you're from, you can be from Imo and still be ignorant about this.

That you've chosen to narrow the argument down to a comparison between Imo and Anambra shows a crab mentality.

Meanwhile, this is not the first time figures are peddled showing Imo to have a bigger GDP than many states including Anambra.
I know which is why I'm saying it's impossible

1 Like

Re: These Are The States Where The Richest Nigerians Live by Factshunter: 4:09pm On Jun 16, 2021
Aderewah:


Now I get you. We should leave the educated way of doing research and resort tp the crude ways you are used to, which is,"try and travel" chestbeating. Okay. Why do more Igbos come to Southwest than yorubas to the southeast. Before you say your normal foolish rhetoric, Yorubas travel daily to US, Uk, Canada, Australia, Ghana and SouthAFrica. And we all know people travel from poorer areas to richer areas. So why are people not rushing to the east?


Imao!!!
@ "try and travel"



grin cheesy

7 Likes 1 Share

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