States Where The Wealthiest 20% Of Nigerians Can Be Found - Business (3)

States Where The Wealthiest 20% Of Nigerians Can Be Found - Business (3) - Nairaland

Nairaland Forum › Nairaland General › Business › States Where The Wealthiest 20% Of Nigerians Can Be Found (36646 Views)

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Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Osanoghodua1: 7:15pm On Oct 27, 2025

Edo is usually inflows from diaspora

2 Likes

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Konquest: 7:15pm On Oct 27, 2025

monex:
Kano is too populated and has a massive income disparity to feature on that list. The title of the stat is misleading. This is really a measure of Nigeria's middle class because an income of 200k per month is definitely in the top 20% (maybe 10% even) of Nigerians. Note that an income of 1 million naira per month is in the top 1% of Nigerians according to a BusinessDay April 2025 report.

Now, you can read that stat as follows:

86.4% of Lagos residents are among the top 20% (earn say 200k and above per month) wealthiest in Nigeria

58.1% of Edo residents are among the top 20% (earn say 200k and above per month) wealthiest in Nigeria

there is a reason the rich in Nigeria are called the "1% of the 1%". they are in the top 0.01%

That 20% figure would include the "HNI" as well who are within the top 1% of Individuals in Nigeria.

On the other hand, I'm aware that despite the income disparity, some of the Kano (and Kaduna) folks can be very rich in billions of Naira NOT billions of USD like the Forbes-listed Aliko Dangote and Abdulsamad Isiaku-Rabiu, BUT they don't like to make too much noise about it based off of their Islamic principles and perhaps for security reasons. Many rich farmers operating in the relatively safer areas of the North West for instance are very reserved but when you get to know their turn-over per hectare with their all-year round large-scale farming, you'll marvel.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Bluntemperor: 7:20pm On Oct 27, 2025

SmartPolician:
These people should stop fooling themselves. Nigeria has no reliable data because if you need credible data you must invest in it. It's a big joke that Kano or Kaduna isn't on that list. Organising an ordinary census is even a big issue in Nigeria.

While I agree with you on the Accurate Provision of Data, Conducting Census ' Is Not Ordinary '
Or Simple as you want us to believed,
Or don't you know the Meaning of Data assemblages in this 21st Century,so why called it ' an Ordinary Census '?

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by daniwise(m): 7:22pm On Oct 27, 2025

The same Edo Wen d road network dey pathetic?make Una dey play

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by IkePeters(m): 7:24pm On Oct 27, 2025

So Kano didn't make the cut. But they have plenty billinare businessmen 🤔

[quote author=DiamondsAreFore post=137263940]https://x.com/StatiSense/status/1982817172087857547?t=q2y5R1PktmLkQDx0O3qB4Q&s=19[/quote]

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by RSAV: 7:26pm On Oct 27, 2025

SmartPolician:
These people should stop fooling themselves. Nigeria has no reliable data because if you need credible data you must invest in it. It's a big joke that Kano or Kaduna isn't on that list. Organising an ordinary census is even a big issue in Nigeria.

It's possible, the Kano and Kaduna elites are based in FCT.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Jeromejnr(m): 7:27pm On Oct 27, 2025

I knew this statistic was rubbish when I didn't see Kano or Kaduna.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by jamafa: 7:27pm On Oct 27, 2025

DiamondsAreFore:
https://x.com/StatiSense/status/1982817172087857547?t=q2y5R1PktmLkQDx0O3qB4Q&s=19[/quote]Even IMO and Abia dey behind Ondo and Osun 😂

Set awon ndi-developer 😂

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by duro4chang(m): 7:28pm On Oct 27, 2025

Armaggedon:
Where they live not where they come from. For example coscharis is from Anambra but live in Lagos. Arthur Eze is from Anambra but also live in Abuja.

Story story. Where is the money they have comes from? They can as well go back and establish their business in their villages.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Appletek: 7:28pm On Oct 27, 2025

Armaggedon:
Where they live not where they come from. For example coscharis is from Anambra but live in Lagos. Arthur Eze is from Anambra but also live in Abuja.

What is chasing them from Anambra?

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by VeeVeeMyLuv(f): 7:30pm On Oct 27, 2025

RSAV:
It's possible, the Kano and Kaduna elites are based in FCT.

Don't mind him

They have used insecurities to finish those places

Most people that lived there have relocated to Abuja

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Shikena(m): 7:38pm On Oct 27, 2025

yorosstores:
All SW states aside Ekiti, follow join,

Ekiti own na to carry matter wey no concern them for head o.... Alaafin na small boy, Ooni na almighty god, Olubadan no get level. That's where you go find Ekiti.

In fairness, Ekiti is a tiny civil servant state and what they prioritize is education and modest living.

1 Like

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by micflo28(m): 7:41pm On Oct 27, 2025

Where is Kano and where is Katsina that has produced two presidents consecutively

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by JuanDeDios: 7:41pm On Oct 27, 2025

SmartPolician:
These people should stop fooling themselves. Nigeria has no reliable data because if you need credible data you must invest in it. It's a big joke that Kano or Kaduna isn't on that list. Organising an ordinary census is even a big issue in Nigeria.

Well, there are several criteria you can use. I would use bank account data. I'm fairly certain that's what they used.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Cj4charles(m): 7:41pm On Oct 27, 2025

Armaggedon:
Where they live not where they come from. For example coscharis is from Anambra but live in Lagos. Arthur Eze is from Anambra but also live in Abuja.

Why not mention Tinubu who is from Iragbiji & Lagos but live in Abuja

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by amaridigital(m): 7:42pm On Oct 27, 2025

Armaggedon:
Where they live not where they come from. For example coscharis is from Anambra but live in Lagos. Arthur Eze is from Anambra but also live in Abuja.

You go explain very very tired. 5 out of the 6 SW States are on that list so na non indegenes get the money for those so called "Brown Roof" states? May Allah the god of the moslems produce more Kanu and Epa to consolidate the sit at home and the unending IPOB activities for the next decades and may he continue to bless you guys with politicians like that AguluPandora boy who will give them tactical support then you go know how far.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by JuanDeDios: 7:42pm On Oct 27, 2025

muyico:
I don't blived this, no northern state, Fulani gat money pass most Igbo billionaire

How many? What % of Fulani? You people should at least read and understand what you're criticizing.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by JuanDeDios: 7:44pm On Oct 27, 2025

GUNITGuy:
Kind of funny how they ruled out the entire north completely....So are you telling me no wealthy people live in the Ne and Nw

Another one who doesn't understand the parameters.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by jamesversion: 7:46pm On Oct 27, 2025

Parameters please??

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by JuanDeDios: 7:46pm On Oct 27, 2025

hotplate:
Where the rich people dey stay for the Edo? GRA ? because i nor see watin dey the GRA

Rich ke. Do you people understand our economics at all? A top 20% income earner in Nigeria isn't rich. Not even close. 10%, 5%, not rich.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by micflo28(m): 7:48pm On Oct 27, 2025

If Dangote was from South East he would have made 20 more billionaires through apprenticeship. But he prefers monopoly and his people prefer begging for crumbs to survive.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Uncletony(m): 7:52pm On Oct 27, 2025

An average yoruba person will think life starts and end in lagos. Sorry ooo sorry oòoo....

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Konquest: 7:55pm On Oct 27, 2025

Reference:
Not surprising.

Wealth is usually domiciled along the coast line of most seaboard countries.

Using the US as a grand example, New York, California and Texas have a lot more commerce and hence host a lot more wealthy individuals than hinterlands or land locked states.

Even within continents most land locked states are generally poorer the further away from the coast they are located. Countries like Mali and Burkina in west Africa and Zambia, Zimbabwe, Lesotho in the south.

This is due to International trade that evolved out of the sea.

True that.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by loffyloffy: 7:55pm On Oct 27, 2025

DiamondsAreFore:
https://x.com/StatiSense/status/1982817172087857547?t=q2y5R1PktmLkQDx0O3qB4Q&s=19[/quote]Statinonsense don come again oh

If 86% of the people who live in Lagos are within the wealtiest 20% of Nigerian, where then does the poor live?

Everytime I see any statistics from statinonsense I can't but believe that it is a bunch of teenagers in Alaba that is behind that handle

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by SonOfDSoil01: 8:00pm On Oct 27, 2025

DiamondsAreFore:
">https://x.com/StatiSense/status/1982817172087857547?t=q2y5R1PktmLkQDx0O3qB4Q&s=19[/quote] Yoruba lagba…..even with all their noise, their almighty Anambala is dragging position with Ogun state they so much love to hate while Yorubas also have 5 state on the list…….Ariwo ko ni music, only empty barrels makes the loudest noise

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by patrickcollins: 8:00pm On Oct 27, 2025

FreeStuffsNG:
Akwa Ibom and Bayelsa States left the group

Those states mentioned have abundance of Nigerians living in abject poverty, it doesn't stop the proposed tax law coming onboard January to take away our resources and shared amongst politicians

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Ruke1991: 8:09pm On Oct 27, 2025

SpaceX:
Muslims in Kano and Kaduna have eaten up the Christians and this is the result you get.
I'm saying this as a Muslim.

especially when energy is directed wrongly. Rather than go to school and do business, the fulanis focus is to kill non fulanis, burn down their investments. In the long run no serious company wants to come to such environment. It's as if the entire Fulani tribe is cursed. Though they hide under north and islam but it's obvious fulani is a terrorist tribe

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by amaridigital(m): 8:15pm On Oct 27, 2025

IkePeters:
So Kano didn't make the cut. But they have plenty billinare businessmen 🤔

They are talking 20% middle income earners not billionaires. How many people earn above #200,000 monthly in the North? They are talking about the percentage of middle income business owners and security is a vital part of this. The best decision the SW politicians made was to shut down OPC in the early 2000's and igboho few years back. Such organization would have turned the region to something else by now. Remember what they did with Amotekun especially the late Aketi.

1 Like

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by rummmy: 8:17pm On Oct 27, 2025

Over ,80% of this wealthiest in sw are all strangers...
Only 20% will be Yorubas...
Seems this is Haram for the arewas....
Their wealth are in the hands of few..the rest are beggers and terrorists..

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by favour32(m): 8:28pm On Oct 27, 2025

Na this one come make Nigeria be developed country abi?

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by Rick9(m): 8:32pm On Oct 27, 2025

Edo?
How exactly coz it's my State.

Re: States Where The Wealthiest 20% Of Nigerians Can Be Found by favour32(m): 8:34pm On Oct 27, 2025

Stone age people are really backward.

Haram this Haram that
Religious intolerant.
Ethnic profiling.
Terrorism.
Relegated constitution with sharia law.

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