Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos - Politics - Nairaland
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| Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:39am On Dec 15, 2023 |
Imo state has surpassed Rivers, Delta, Awka Ibom and Anambra state to become the 2nd/ Second largest state economy in Nigeria with a GDP of #8,452,776,534,748 trillion Modified: I misread Rivers state numbers Source (page 156): https://budgit.org/wp-content/uploads/2023/10/2023-State-of-States-updated-.pdf 3 Likes
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| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:40am On Dec 15, 2023 |
Top 10 Ranking Lagos Imo Rivers Akwa Ibom Delta Anambra Ogun Ondo Niger Kaduna 9 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:40am On Dec 15, 2023 |
The original tread closed by the mod had a minor issue which has been fixed. 9 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by Ofunaofu: 5:41am On Dec 15, 2023 |
horsepower102: OP why was the previous thread locked |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:43am On Dec 15, 2023 |
Ofunaofu: The moderator said it was fake news because of one mistake I made with the numbers. It should be trillions in Naira not billions in dollars. I don’t think that’s enough to close a thread which is otherwise factual 21 Likes 3 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by RepoMan007: 5:44am On Dec 15, 2023 |
Political propaganda. Kano, Kaduna, Ogun, Delta. Even Oyo too. 2 Likes 1 Share |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 5:44am On Dec 15, 2023 |
horsepower102:Based on oil and gas economy 6 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by thesicilian: 5:46am On Dec 15, 2023 |
Nigerian governors need to do better. Most of them just sit and wait for monthly FG allowances without any drive at all on how to grow their economies and IGR |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:47am On Dec 15, 2023 |
BeautifulMind2: Yes oil and gas gave Imo state a big boost in GDP 12 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by SoNature(m): 5:47am On Dec 15, 2023 |
I didn't download and go through the PDF file. So, could you give us an idea of the methodology used to arrive at this conclusion? I have repeatedly maintained that the only stats I trust in Nigeria are air traffic, crime rates and IGR. Everything else is based on questionable estimates. 8 Likes 2 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:48am On Dec 15, 2023 |
SoNature: It’s from budgit which got it from world bank. 14 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 5:48am On Dec 15, 2023 |
Minus oil and gas Anambra is 3rd largest economy in Nigeria After Lagos and FCT, where are those Ibadan that were celebrating landmass  28 Likes 3 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by fnep2smooth(m): 5:50am On Dec 15, 2023 |
My Beloved State Na Hospitality dey move the state plus high inflow of students studying in the state. FUTO IMSU Umuagbo Alvan Nekede Plus all those nursing schools with catering, Thats why in every school teacher in Nigeria, there iss more than 3 Imo state teacher there. Hotels and cool spot everywhere. i no dey surprise 11 Likes 3 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 5:51am On Dec 15, 2023 |
horsepower102:Once Seplat gas project start operational it will boast Imo GDP more 21 Likes 3 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 5:52am On Dec 15, 2023 |
Where are my Oyo and Ogun friends 22 Likes 3 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by Offkey: 5:53am On Dec 15, 2023 |
Imo state should be first.they helped developed Lagos and rivers state 14 Likes 3 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:01am On Dec 15, 2023 |
Rivers, Delta, Imo, Akwa Ibom, Ogun, Oyo Enugu, Ondo and so many other states all belong to formal sector of the economy, while Anambra, Abia are control by informal economy, in my opinion informal economy benefit the citizens more than formal economy, informal economy enrich the citizens while formal economy enrich the state government more. 17 Likes 4 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:01am On Dec 15, 2023 |
BeautifulMind2: Anambra just started mining oil so it will take some time before the numbers start reflecting in their GDP. Unlike Imo, Anambra gas hasn’t been touched. Abia is working on a gas processing facility investment from what I heard from an insider. 17 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:03am On Dec 15, 2023 |
BeautifulMind2: I Disagree, it’s time to formalize everything in both Abia and Anambra. It affects investment decisions by investors. It’s time to leave 19th century thinking and enter 21st century. 10 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:11am On Dec 15, 2023 |
horsepower102:Exactly, Anambra started benefiting last quarter of 2021, the production is still very low, although other sectors are doing great 9 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by Abagworo(m): 6:12am On Dec 15, 2023 |
BeautifulMind2: You're right 8 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by Supremos: 6:14am On Dec 15, 2023 |
horsepower102: Imo is N8,452,776,534,748 how's that 3 position, while from the table there Rivers state is N8,246,083,792,279. abi I'm not seeing well?. 😂 Imo is second not 3rd 9 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:15am On Dec 15, 2023 |
Supremos: I fixed it already before you sent this I misread rivers state. My eyesight is betraying me. 7 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by Supremos: 6:17am On Dec 15, 2023 |
horsepower102:okay. 8 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by Philistine(m): 6:19am On Dec 15, 2023 |
Nigeria's GDP is over $400bn dollars, while the table shows much less, the info is incorrect. 1 Like |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by silvoclaira: 6:19am On Dec 15, 2023 |
Critical question Where are the other states? 1 Like |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:19am On Dec 15, 2023 |
horsepower102:In real sense it benefit the citizens, Akwa Ibom with large GDP, you only see that in state government spending not the citizens, an average Anambra or Abia citizens control their GDP, that's why the government of Anambra and Abia are finding it difficult to generate more IGR, the citizens are far richer than the state government. Except both state formal sector grow to that of Lagos then they will have enough IGR to match up 10 Likes 3 Shares |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by pquaver(m): 6:21am On Dec 15, 2023 |
horsepower102: And some Ob . ..idiots Said there IS No Hope in IMO state.. Uzodinma in IMO state.. God bless Hope Uzodinma and my great father God Bless owerri,mbaitolu, mbano and ikeduru God Bless IMO state God Bless Igboland and rid US of hate,bile envy and senselessness especially Obi ...diots God direct the steps of igbo Leaders God Bless Nigeria my fatherland God Bless Deutschland....blüte Deutschland( Vaterland) 3 Likes 1 Share |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:21am On Dec 15, 2023 |
Philistine: The table is in Naira denomination not dollars. That was my original mistake in the previous thread that I opened. 8 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:26am On Dec 15, 2023 |
BeautifulMind2: GDP needs to be accurately captured. There are real consequences for informal economy. It affects investment drive. Maintaining informal economy will make you look less attractive to investors who don’t know much more than what they see on paper. 6 Likes |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:26am On Dec 15, 2023 |
pquaver:Otondo the Oil and Gas firms has been there before Hope became governor 16 Likes 1 Share |
| Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by Philistine(m): 6:29am On Dec 15, 2023 |
horsepower102: Which authority converted to naira? GDP is usually computed in US $, moreover, IMF put Lagos GDP at over $120bn as at last year, but the shows much less in naira. The total GDP for Nigeria according to International bodies is over $400bn, but the table shows much less, you guys should stop misleading the public with your false stats. 4 Likes 2 Shares |
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