Some of Nigeria’s cities, which are recognized to be among the richest, are home to a sizable portion of the country’s elite. You will discover business titans, entrepreneurs, industries, expatriates, and clients of designer goods in such municipalities. The majority of the largest cities in West Africa are located in Nigeria. And we are here to present to you the top ten cities in Nigeria in terms of wealth, as determined by the income per person in each city.
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Enugu has commercial opportunities if they are properly channeled. The city is noted for its low-cost transportation, fun and entertainment, vast markets, safety, and delicious food. This historic Eastern sector delivers convenience for enterprises, retail stores, and e-commerce sites. Enugu welcomes open-minded people. People from all over the area came to Enugu for the opportunity to mine coal, which formed the nucleus of the first urban community that is now known simply as Enugu.
One of the few West African cities totally shaped by European contact in Enugu. Following Nigeria’s independence in 1960, Enugu was made the capital of the Eastern Region. Subsequent territorial changes in 1967, 1976, and 1991 made Enugu the capital of what is now Enugu State. The urban market and the bottling industry are among the city’s industries.
9. Benin City
Benin City’s population is heavily concentrated among high-income people. Nevertheless, Benin is among the few Nigerian cities with commendable social qualities. There is something for everyone from the National Museum to the Oba of Benin Castle, Gele Sea Port to the Igue Festival. The traditional city boasts several tourist attractions for both visitors and locals. The average cost of essential commodities is inexpensive compared to other Nigerian cities. There are numerous opportunities for amusement and social debates within the city. Unfortunately, there are few job prospects in this area.
Owerri has been added to Nigeria’s list of leisurely states. The city can brag about good food, cheap lodging, and a thriving free society. Owerri has high expectations in terms of entertainment, academics, and business. The city now features an enhanced road network, great hotels, leisure centers, and production studios due to the present renovation. Palm oil production has a big market in the city.
Kaduna is a city in Northern Nigeria. It is multiethnic and has a strong historical influence. The city promotes women’s empowerment via education and entrepreneurship. Kaduna, Kano’s adjacent city, encourages enterprises with few restrictions. Although Kaduna is not a city with a plethora of social and leisure activities, it has several prestigious academic institutions.
British colonists established Kaduna around 1900. Sir Frederick Lugard, the first British administrator of Northern Nigeria, picked the current site for construction because of its proximity to the Lagos-Kano Railway. It was designated as the capital of Nigeria’s erstwhile Northern Region in 1917 and remained so until 1967. The city continues to wield power as the headquarters of several political, military, and cultural groups, particularly in northern Nigeria.
56% of Jos wage workers earn less than NGN 750,000 per year. Jos may be a lovely and notorious city, but the warmth entices you until you realize there’s more to it than the all-year frigid climate. Plateau, the city’s state capital, is one of the best places to raise a family. Jos offers cheap food, a reliable power source, and comfortable living conditions. Jos residents are accommodating and welcoming. There are numerous rock hills suitable for physical activities such as trekking. Anyone would want to live there for tranquility, beauty, hospitality, and serenity. Despite some terrifying times in the city, living there is a pleasurable experience.
Abuja has a more significant proportion of high-net-worth individuals earning more than NGN 750, 000 per year, making it one of Nigeria’s wealthiest cities. Living in areas such as Wuse, Gwarimpa, and Maitama might be more expensive than in other parts of Abuja. Because of strengthened road infrastructure and strict driving laws, it is easy to commute in this city without discomfort. The city’s wealth is so evident that you don’t have to look too hard. In the middle of the atmosphere, gorgeous terrain, and riches, an estimated 40% of the population does not earn a decent salary.
Lagos is one of Nigeria’s wealthiest cities, with the most significant consumption of branded products. However, in terms of abundance per individual, it isn’t quite as enticing as Port Harcourt. It is often assumed that if Lagos were a country, it would be one of the most prosperous African economies. Nonetheless, it is one of Africa’s wealthiest cities, home to many of Nigeria’s aristocracy. On the plus side, Lagos is well-known for its real estate, ease of business, import/export, and fast-moving consumer products. On the negative side, the city’s population is growing; its power supply is unstable, and crime and water resources are overused.
Uyo has approximately 60% of high total-total assets consumers. Some of her residents work in private or public companies, while others are involved in transportation, crafting, and catering. Uyo boasts various spectacular structures, making it the envy of surrounding cities. Transportation inside the city is fairly simple, thanks to the well-developed road system. Mini-markets can be found in practically every municipality, allowing small and medium-sized companies to thrive. Many farmlands are underutilized for agricultural purposes. If you want a low-cost environment with cutting-edge infrastructure, Uyo is the place to be.
An estimated 3% of Ibadan residents earn less than NGN 250,000 annually. Compared to other states in Nigeria, finding work in Ibadan is difficult. Given the costs of living here, it is an appealing choice. If you want to live a stress-free life, raise your children near various academic institutions, and save more money, Ibadan will work exceptionally well for you. The city’s airport’s runway is being expanded so that inhabitants do not have to travel to Lagos to take flights out of Nigeria.
1. Port Harcourt
When comparing ‘income per individual’ among Nigerian cities, Port Harcourt has the best (80%) fraction of high total assets (over NGN 750,000 yearly pay). Port Harcourt, Nigeria’s most prosperous metropolis, is extremely liveable compared to other cities. The basic essentials of existence, such as food, clothing, and shelter, are not prohibitively expensive. There are numerous chances for skill development and employment. The setting is also suitable for raising children, and only a small proportion of the population is deemed lower class.