Top 10 Richest States In Nigeria 2025

Nigeria is one of the richest countries in Africa. Its 36 states have all contributed to the country’s growth in their own ways, and together they have become one of the biggest economies in Africa. While the country as a whole is very wealthy, some states have become even wealthier than others thanks to their strong economies, industrialization, natural resource endowments, and infrastructure. As of 2025, these states have shown remarkable growth and make a big contribution to the country’s GDP. They are also centers for innovation and economic development. In this article, we’ll look at the top 10 richest states in Nigeria, revealing the factors that made them rich, the industries they dominate, and how they are shaping Nigeria’s future.

List Of Top 10 Richest States In Nigeria 2025

1. Lagos

Given that it has a gross domestic product (GDP) of around ₦41.17 trillion (approximately $102 billion), Lagos State is the economic powerhouse of Nigeria. The Nigerian Stock Exchange and a large number of multinational firms call this particular location home because it serves as the nation’s financial capital. A number of important industries, including commerce, technology, entertainment, and finance, are the primary drivers of the state’s economy. Moreover, Lagos is responsible for more than 80 percent of Nigeria’s international trade, which is made possible by the city’s bustling ports, which are the driving force behind both internal and international commerce.

2. Rivers State

The state of Rivers, which has a gross domestic product of around ₦7.96 trillion (equivalent to approximately $19.27 billion), is of great importance in the oil and gas sector of Nigeria. The nation’s capital, Port Harcourt, is an important hub for the production of crude oil as well as the refining of it. Alongside its involvement in the oil industry, Rivers State is also active in the agricultural sector, producing substantial quantities of commodities such as cassava and palm oil. With the goal of achieving greater economic growth, the state is making concerted efforts to diversify its economy by investment in the tourism and industrial industries.

3. Akwa Ibom State

The state of Akwa Ibom, which can be found in the southeastern part of Nigeria, is considered to be one of the most economically significant states in the country. Having a gross domestic product (GDP) of around ₦7.77 trillion, which is equivalent to approximately $19.25 billion, Akwa Ibom continues to strengthen its position as a significant contributor to the broader economic landscape of Nigeria. However, the state’s economy is also diversifying, with increased investments in agriculture, tourism, and other industries. The state is particularly well-known for its large role in the extraction of oil for the country.

4. Imo State

The state of Imo, which is situated in the southeastern part of Nigeria, is considered to be one of the most promising contributors to the economy of the country. The state, which has a gross domestic product (GDP) of around ₦7.68 trillion (approximately $19.02 billion), plays a significant part in the economic landscape of the nation. Imo is a state that is well-positioned for expansion and diversification as a result of its abundant natural resources as well as its rich cultural legacy. Petroleum reserves, a robust agricultural foundation, and large mineral resources all contribute to the state’s economy, which benefits from all three of these factors. Beginning in the year 2025, the state government is strongly committed to constructing a future that is sustainable by investing in education and infrastructure. These efforts are intended to assist in the promotion of further economic development and to improve the level of living for the people who live there.

5. Delta State

Delta State, which can be found in the southern region of Nigeria, is emerging as a dominant force in the economic landscape of the country. The state is characterized by a wealth of natural resources, various industries, and key geographic advantages, as seen by its Gross Domestic Product (GDP) of around ₦6.19 trillion, which is equivalent to approximately $15.33 billion. The massive oil and gas reserves, along with the state’s robust agricultural foundation and the development of mineral resources, are the primary drivers of Delta State’s economy. In addition, the state’s strategic location along the River Niger adds to the expansion of the fishing, transportation, and trade sectors, which further enhances the economic diversification of the state.

6. Anambra State

One of the states in Nigeria that is considered to be among the most economically dynamic is Delta State, which is situated in the southern area of the country. Delta State is a region that stands out as a significant contributor to the total economic development of Nigeria. Its Gross Domestic Product (GDP) is roughly ₦6.19 trillion, which is equivalent to approximately $15.33 billion. In addition to being well-known for its abundant oil and gas resources, the state is also an important contributor to the petroleum industry in the nation. The economy of Delta, on the other hand, is not solely dependent on oil resources. A diversified economic base that shows promise for future growth and sustainability is created by the presence of agriculture, minerals, and a strategic placement along vital transportation lines.

7. Ondo State

In the southern portion of Nigeria sits the state of Ondo, which is an area that is abundant in natural resources and has a lot of potential for economic growth. With a Gross Domestic Product (GDP) of around ₦5.10 trillion, which is equivalent to approximately $12.63 billion, Ondo State is considered to be among the prominent states in terms of economic significance within the country. A combination of agriculture, natural resources, and the possibility of industrial expansion are the primary drivers of the state’s economy. Bitumen and cocoa are two of the natural resources that contribute significantly to the economic power of Ondo, which is a state that is blessed with an abundance of these resources. Additionally, in order to further speed growth and development, the administration is concentrating its efforts on utilizing the immense natural wealth that the state possesses, notably in the mining industry.

8. Ogun State

It is now well acknowledged that Ogun State, which is situated in the southwestern part of Nigeria, is among the most economically vibrant states in the country. In the context of Nigeria’s economic landscape, Ogun is a key participant due to its Gross Domestic Product (GDP) of roughly ₦5.03 trillion, which is equivalent to approximately $12.46 billion. Ogun, which is well-known for its advantageous location close to Lagos, the commercial capital of Nigeria, reaps significant benefits from its proximity to the centre of the nation’s financial system, which makes it an ideal site for enterprises and industries. There is a strong industrial basis in the state, which contributes to the state’s economy, which is a combination of industry, agriculture, and service industries. Extensive manufacturing, agricultural operations, and the ongoing efforts of the government to encourage investment and infrastructure development are the primary factors that are driving Ogun’s growth. It is anticipated that the state would become an even more significant contributor to the overall economic development of Nigeria as it continues to broaden its economic base and enhance its potential for manufacturing output.

9. Bayelsa State

The oil sector in Nigeria is significantly impacted by Bayelsa State, which is situated in the Niger Delta region of the country. Bayelsa’s economy is primarily dependent on oil exploration and production, making it one of the top contributors to Nigeria’s oil sector. Bayelsa’s Gross Domestic Product (GDP) is roughly ₦4.63 trillion, which is equivalent to approximately $11.47 billion. Nevertheless, in spite of the abundance of natural resources which it possesses, the state is confronted with the problem of diversifying its economy in order to guarantee sustainable growth over the long term and to lessen its reliance on oil. Over the course of many years, Bayelsa has made concerted efforts to address these difficulties by emphasising the promotion of agriculture and tourism as well as the improvement of infrastructure. The implementation of these policies is intended to realise the full economic potential of the state, as well as to generate chances for the creation of jobs, the reduction of poverty, and the enhancement of living standards for the people who live there. The aggressive approach that the government is taking toward diversification, in conjunction with the funds that it is receiving from oil, is anticipated to transform Bayelsa’s economy in the years to come.

10. Niger State

With a diverse economy that is grounded on agriculture, natural resources, and energy production, Niger State, which is located in the middle part of Nigeria, is a state that possesses a wide potential. With a Gross Domestic Product (GDP) of ₦4.58 trillion, which is equivalent to around $11.34 billion, Niger State has consistently established itself as a significant player in the economic landscape of Nigeria. The state in question possesses an abundance of natural resources as well as fertile agricultural territory, which places it in an advantageous position for sustained economic expansion and diversification. Niger State has continued to concentrate on sustainable development, making use of its plentiful resources and strategic location in order to encourage economic activities. This is something that has been done despite the fact that the state is confronting obstacles such as infrastructure shortages. In addition to conducting considerable infrastructural development in order to attract investments and foster growth, the administration has made it a priority to increase agricultural production, make use of the state’s natural resources, and improve the state’s potential to produce energy.