Full List Of Richest States in Nigeria 2022 (GDP)

Full List Of Richest States in Nigeria 2022 (GDP)

If you are looking to know the richest states in Nigeria, then you are at the right place as we will be working you through the list of richest states in Nigeria which was rated based on their Gross domestic product (GDP).

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It’s no longer news that Nigeria has the largest economy in Africa going by Gross domestic product (GDP) but the country still struggles despite its comfortable record, with over-dependence on oil and a very large population.

Before we go into the main business of the day, let’s look at what GDP means

What is Gross Domestic Product (GDP)?

Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health. It is the measure of the monetary value of final goods and services produced by an entity.

Due to the failure of the country to transform its Natural resources into wealth, Nigeria is far behind the richest country in the world via GDP and this has impacted negatively on the economy of the country.

Below is a List of Richest States in Nigeria 2022

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Full List Of Richest States in Nigeria 2022 (GDP)