List Of The Top 10 Richest Local Governments In Nigeria

Investor Monday, May 2, 2022 Basis

List Of The Top 10 Richest Local Governments In Nigeria


In Nigeria, we have 36 states and the Federal Capital Territory, FC, where the president resides. Under the 36 States, we have over 750 local government areas but this article will be taking a look at the 10 richest local government areas in these 36 States. This article will provide information on the list of the top 10 richest local government areas in Nigeria and lots more.

List of the Top 10 Richest Local Governments In Nigeria

Ibeju-Lekki Local government area in Lagos State

Ibeju-Lekki is another prominent local government area in Lagos State and it is located just after the Eti-Osa local government area. Ibeju-Lekki is popular for housing several estates, Gardens with other recreational centres in the state. Ibeju-Lekki is also known as a commercial trade zone that has a 12 MW independent power plant which is still under construction by the China-Africa lake investment Limited.

Ibadan Northwest in Oyo State

Ibadan is the largest city in West Africa and the first-class developing region in the country having the first skyscraper and first television station in the whole of tropical Africa. Also, the first railway line in Nigeria the Lagos-Ibadan rail has its terminal in this LGA.

Abuja municipal Local government area in Abuja

The Abuja Municipal is one of the most powerful local governments we have in the country because it is the residential area of King president of the Federal Republic of Nigeria. Not only does it house the president, but it also houses other prominent politicians like the members of the presidency, the senators, and prominent members of the House of Representatives. The Abuja municipal local government area is also the headquarters of the Economic Community of West African States (ECOWAS) and the regional headquarters of the Organization of the Petroleum Exporting Countries (OPEC). The Local Government Area is characterized by neat, and wide roads, tall skyscrapers buildings, and well-spaced houses.

Eti Osa Local government area in Lagos State

Eti-Osa is another rich local government area in Lagos State. Eti-Osa Local government area consists of different Council areas including the Lagos State government. Before the Nigerian capital was moved to Abuja, the Eti-Osa local government area alongside Lagos Island served as the capital of Nigeria where the president resides. Eti-Osa houses many businesses in Lagos State, and also the beautiful neighborhood which includes the port at Lekki and Victoria Island. To know how prominent this local government area is, the richest man in Africa Aliko Dangote, and the richest woman in Nigeria, Folorunsho Alakija and also other names like Mike Adenuga, all have their house is built at Eti-Osa, since their companies are mostly located around this area.

Lagos Island Local government area

Lagos island which is popularly known as Isale-Eko is the richest local government area in Nigeria and it is located in the southwestern part of the country. This local government has a total population of over 200,000 residents and covers the entire Western half of the Lagos state while the entire Eastern half is under the jurisdiction of Eti-Osa.

Uyo Local government area in Akwa Ibom State

Uyo is a Local government area in Akwa-Ibom state and also the capital of the state. The city houses Godswill Akpabio Stadium,IBB way, Atiku Abubakar Avenue, Udo Udoma Avenue, and Edet Akpan Avenue.

Calabar Municipal Local government area In Cross River State

The Calabar Municipal is another rich local government area we have in Nigeria. It is located in Cross rivers state and is surrounded by beautiful places like the Calabar Tinapa, Obudu cattle ranch, and many more.

Bonny Island in Rivers State

Bonny Island is one of the beautiful places in Rivers state and it is known for its infrastructural development. The roads are 100% tarred and Ferries are the main form of transport to and from the island.

Obio-Akpor in Rivers State

Obio Akpor is another local government area in Rivers state and it houses many oil and gas firms with offices.

Ikeja Local government area in Lagos State

Ikeja LG is the second richest Local Government area we have in Nigeria. Ikeja which is the capital of Lagos state is a well-developed area in the state with a lot of businesses and organizations. Some of the major areas in Ikeja include the Ikeja City Mall which houses the biggest ShopRite store in Nigeria, the busiest airport in West Africa, Muritala Muhammed International Airport Airport, Ikeja, and also the Lagos State Government House. The Ikeja Computer Village is the busiest and biggest computer market in Nigeria and it began operations in the year 1997 as a small market consisting of only 10 shops. The computer village has now grown to a large market with 3000 shops.

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