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Lagos Ranks As 4th Wealthiest City In Africa – Report - Politics - Nairaland

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Lagos Ranks As 4th Wealthiest City In Africa – Report by Nobody: 10:26am On Sep 20, 2022
Nigeria’s economic hub, Lagos has been named the fourth wealthiest city on the African continent with a total private wealth of $97 billion. This is contained in the Africa Wealth Report 2022, released by Henley & Partners, in partnership with New World Wealth.

Lagos came fourth behind, Johannesburg in first position, Cape Town and Cairo in second and third positions respectively. Notably, the two wealthiest cities on the continent are in South Africa just as four South African cities make the top ten (Johannesburg, Cape Town, Durban and Pretoria). Lagos is the most populated city in Africa and a major contributor to the Nigerian economy, with international seaports and airports.

However, Lagos comes behind the likes of South Africa’s Johannesburg and Cape Town, as well as Egypt’s Cairo, in terms of wealth controlled.

In the same vein, Nigeria despite being the largest economy in Africa ranks third behind South Africa and Egypt with a total private wealth of $228 billion, and 10,000 millionaires. Meanwhile, on a per capita basis, Nigeria ranked 11th on the list with $1,100, while Mauritius was top on the list with $34,500.

https://nairametrics.com/2022/09/20/lagos-ranks-as-4th-wealthiest-city-in-africa-report/
Re: Lagos Ranks As 4th Wealthiest City In Africa – Report by Whois(m): 11:00pm On Sep 20, 2022
The sad thing is that lagos state is in Tinubu's pocket. IMHO, the day lagos breaks loose from tinubu, that is day lagos will see light. Say no to APC/PDP and Vote for Peter Obi

Your children will thank you in many years to come.

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