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10 Richest Local Government Areas in Nigeria (2022)
Nigeria is a nation with three levels of government: The Federal Government, State Government, and Local Government. This article will look at Nigeria’s most prosperous local government areas of Nigeria according to their natural resources. Before we get into the list, let’s answer some questions to clarify.
What is a Local Government? Local government is a kind of public administration that, in most cases, serves as the most basic administrative level within a particular state. A local government area is an administrative subdivision of a country that is accountable for and managed by a local government Council comprised of a chairman, the chief executive of the LGA, and other members elected by the LGA, who are known as Councillors.
How many local governments are we able to count in Nigeria? There are 774 local government zones in Nigeria as per the constitution of 1999.
What is the role of local authorities in Nigeria? While a list of the functions of local government zones is stipulated in the constitution of 1999 but it is not limited to these:
- tax collection,
- transport,
- the establishment and management of markets, parks, and all public amenities,
- birth marriage, death official registration,
- suggestions for the State economy
- control over advertising
- the license of different vehicles
- road construction and other facilities
- evaluation of private homes, assessment of private houses, etc.
Contents
TOP 10 RICHEST LOCAL GOVERNMENT AREAS (LGA) IN NIGERIA (2022)
LAGOS ISLAND LGA
Lagos Island, also known as Isle Eko, is among Nigeria’s most prosperous LGA’s, with 100,000 inhabitants. The local government area is located on the western portion of Lagos Island, while the other east-facing side is home to residents of Eti-Osa, the LGA that is Eti-Osa.
There are three major bridges connecting Lagos Island via the Lagos Lagoon to the Ebute Metta district. In addition, the West of the island the West is the Lagos Harbour District of Apapa. Lagos harbor district in Apapa is connected with Ikoyi along with Victoria Island. The island’s history suggests the possibility that Isle Eko was the home of most of the Brazilian slave traders. They returned to the country when they arrived on the island and lived at Broad Street, Marina.
There are numerous top companies in this area, particularly the head offices of the leading Nigerian banks, such as UBA, WEMA, Central Bank of Nigeria, and many more. In addition, to the east of Lagos Island is the popular Balogun and Idumota market that generates internal revenues to support the LGA.
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Lagos Island is one of the most prosperous LGA in the federation. It is an old region that was once the home of enslaved Brazilians who lived along the broad streets in Marina. With a total population of 190,000 people in this region and a population of 190,000, this LGA includes two major markets with a significant economic significance.
The area is overcrowded with congestion and poor infrastructure for housing. Some significant landmarks are located on Lagos Island. Some of these comprise Tom Jones Memorial Hall and Library, Bookshop House, the Cathedral Church of Christ, Bank of Industry, Nigerian Ports Authority headquarters, and other landmarks.
IKEJA LOCAL GOVERNMENT AREA
Ikeja is another of the richest LGA in the nation, and it is also the capital city in Lagos state. The development in this local government is excellent as it’s an area that is well-planned with industrial and commercial operations and a well-designed transport system to travel around the city’s environs.
It is situated in Lagos, and Lagos is the State’s capital city. This list shows that Ikeja ranks second as Nigeria’s largest local government area. It is home to the world’s largest airports, and the resources of water, wood, coal, natural gas, and coal are available within the State. The biggest shopping mall within Lagos state is located in Ikeja.
The renowned Computer village, the most prominent computer accessories market, also called Otigba, boasts more than 3000 stores. The area is of great importance for the economy of the Ikeja local government and is a region that generates revenue for the LGA.
Ikeja is also huge and is home to an International airport called Muritala Muhammed Airport. It also has the renowned Ikeja City Mall called Shoprite, and Lagos State Government House, Alausa. Locations like Oregun, Opebi, Ogba, Akiode, Alausa, Magodo, Maryland, Agidingbi, and Computer Village are famous districts in Ikeja LGA.
ABUJA MUNICIPAL LOCAL GOVERNMENT AREA
Abuja Municipal is, by far, the most influential local government region in Nigeria since it is the official residence home to the presidency of Nigeria and even the National Assembly. This region is an international office for international organizations like ECOWAS and OPEC.
One of the top in the country, this local authority is the Abuja municipal. It is the only one to funded by the president. It is the most secure LG within the federal government. It is evident that the developments in this region are distinct as tall structures and skyscrapers, houses with ample space, and popular five-star hotels like Abuja Sheraton and NICON Hilton are all located within the Abuja municipal.
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This is the safest LGA located in Nigeria and the top local government area since it houses an office for the first person to be a citizen of Nigeria. It is also home to the National Assembly.
ETI OSA LOCAL GOVERNMENT
Eti-Osa is a renowned local government region in Lagos State, Nigeria, comprising various council areas, including Ikoyi Obalande LCDA, Eti-Osa East LCDA, and Iru Victoria Island LCDA. It is also said that the most wealthy individuals in Nigeria, Aliko Dangote, Mike Adenuga, and Folorunso Alakija, are all residents of this region.
The total number of people who is the total Eti-Osa population is around 283,791 individuals, which is 3.11 percent of the total population. From a business perspective, this region is home to companies with a local and international reach due to its near to the developed neighborhoods of the State of Ikoyi, Lekki, and Victoria Island.
IBEJU LEKKI LOCAL GOVERNMENT
While Ibeju Lekki is another rich LGA located in Lagos state, The LGAs are known for their industrial housing estates, vast lands, and stunning gardens.
The existence of the Lekki commercial-free trade zone, which is currently under construction, is what makes this LG an exciting business zone. Combined with the 12MW power independent plant, which is in a building by the China-Africa Lekki investment company Dangote refinery will be sure to turn this local authority into the biggest one.
UYO LOCAL GOVERNMENT AREA
Uyo is the capital city of Akwa Ibom, one of the most prosperous states in Nigeria. Through the years, Uyo has been blessed with abundant natural resources. It also enjoys infrastructure development that ranges from excellent roads, bridges, schools, bridges, and tourist centers that help boost economic growth.
The most prestigious football stadium in the nation, “Godswill Akpabio Stadium,” is located in the same area. It is located in the Uyo local government area and is believed to attract tourists, foreigners, and investment.
CALABAR MUNICIPAL LOCAL GOVERNMENT
Calabar Municipal is one of the most prosperous LGAs in Nigeria. Calabar Municipal is among the richest LGA in Nigeria, located within the Cross rivers state. It covers 142 square km and has more than 179,392 inhabitants according to the census in 2006 as a measure.
The roads are well laid, as is the surrounding area of tourist places like Calabar Tinapa resort, Calabar Tinapa resort, Obudu cattle ranch, and many more. Its postal code is.
BONNY ISLAND
Another one of our lists of the top local government areas across this country is Bonny Island, a beautiful location within Rivers state. The site is famous for its infrastructure development, including asphalt roads and a reliable water supply to all inhabitants in the area.
Bonny Island also has a Nigeria LNG plant (NLNG), which provides Nigerians with Nigerian city with a continuous electricity supply. Transport towards the Island is via ferry or by boat, and the local language is Ibani or Igbo.
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OBIO-AKPOR LGA
Obio Akpor is the most wealthy Local Governance Area by natural resource. It is located within River State, which is also one of the most prosperous states of Nigeria. Obio Akpor is one of the most important cities in the Niger Delta region and the important economic center across the entire country, including mineral resources such as gas and oil. The local government is divided into seven different Wards, in addition to the oil discovered within Obio Akpor.
Obio Akpor is the richest LGA in Nigeria and is the primary economic power center for the Niger Delta region. It houses significant refineries that include the most prestigious oil and gas companies. You can also find natural gas at Obio-Akpor since most oil resources in Nigeria are exploited.
IBADAN NORTHWEST LOCAL GOVERNMENT
The biggest city in West Africa is Ibadan, and Ibadan also had the first television station to be broadcast in Africa. The story of Nigeria isn’t complete if you don’t include this LGA.
KURMI LGA
It’s situated inside Taraba state. Kurmi is also one of Nigeria’s top local government regions, but it’s not in those in the top 10. The unique thing about this local authority is renowned for its fertile land that lets agriculture flourish within the State. Kurmi Local Government Area is considered the primary agriculture-based base in the country because they produce the bulk of the food consumed by the entire country and for their consumption.
ESAN CENTRAL LGA
It is located in Edo state, home to numerous cities and towns. Esan Central LGA is the fourth most affluent local government region in Nigeria, just like Kurmi LGA, and its primary industry is agriculture. There are hotels, factories, hospitals, e.t.c. Within the area.
ETINAN LGA
Etinan Local Government Area is situated within Akwa Ibom State and is considered among Nigeria’s most prosperous local government areas. It is among the top stunning cities in Nigeria. According to research, it is the most oil-rich area in Nigeria and the most tranquil region in Nigeria.
CONCLUSION
While these local governments are thought to be among the best in Nigeria in terms of natural resources but they’ve been hit in one way or another by the current economic downturn that is affecting Nigeria.
The most extensive municipal government of Nigeria concerning population count has been Alimosho Local Government Area in Lagos State, Nigeria, with 1,288,714 residents, according to the official census data from 2006. The State with the most landmass in the Nigerian continent is Niger state.
Source : https://nigerianinfopedia.com.ng/
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