Nigeria is blessed with a lot of beautiful states and each of these states has a lot of local governments under them. When we talk about the richest local government in Nigeria, we consider its population, employment rates, GDP, and source of revenue generation, among other factors.
However, in this article, we will not be looking at the richest local government under a particular state, we will be looking at Nigeria in general, the list of the richest local governments in Nigeria from whichever state the local government is under.
Top 10 Richest Local Governments In Nigeria
Below we have our comprehensive list written by our external writer.
1. Lagos Island LGA
The Lagos Island Local Government Area is number one on our list as the richest local government area in Nigeria, it is also called Isale-Eko.
It is located in the southwestern part of the country. and has a population of 476,028 people according to the latest estimates.
Three bridges connect Lagos Island to the mainland, cutting across the Lagoon to the Lagos suburb of Ebute Metta. Lagos Island is also connected to Ikoyi and VI, two nearby islands.
Because it was largely occupied by Brazilians during the slave trade, Lagos Island is known as the Brazilian Quarter of Lagos.
Read Also: Richest Local Governments In Lagos State
Lagos Island is now primarily inhabited by Nigerians, and it serves as a commercial-residential district with banks, business organizations, and corporate offices.
Some of the prominent organizations located on Lagos Island are the Tom Jones memorial hall and library which is along Marina Road.
Other prominent places you will see include the cathedral church of Christ, the National house occupied by Shell, the former Central Bank Headquarters and Investment house, the Bank of industry, and the Nigeria Port Authority headquarters.
2. Ikeja LG, Lagos
Lagos state seems to be one state in Nigeria with the richest local government area because Ikeja which is the capital of Lagos is the second richest local government in Nigeria on our list and this is because it is actually the second richest in Nigeria.
Ikeja is a very developed local government in Nigeria with a lot of businesses and organizations, industrial areas, and residents of prominent people.
The Ikeja City Mall, which has Nigeria’s largest ShopRite store, the busiest airport in West Africa, Muritala Muhammed International Airport, Ikeja, and the Lagos State Government House are just a few of the significant areas in Ikeja.
Ogba, Maryland, Government Residence Area, Ikeja, Oregun, Ojodu, Opebi, Akiode, Alausa, Agidingbi, and Magodo are some of the other neighborhoods in Ikeja.
As already said Ikeja local government of Nigeria has some prominent Nigerians and residents in it and they include:
- Femi Kuti’s Africa Shrine
- Lagbaja’s Motherland
- Computer Village.
Femi Kuti shrine which is the shrine of one of Nigeria’s greatest singers is now a tourist center where people go to visit and also have fun.
On the other hand, computer village is one of the Nigerian biggest computer shops, here you will find anything you want from computers to accessories and a lot more
Ikeja Is Notable For:
- The Murtala Mohammed International Airport
- The largest shopping mall on the mainland
- Home to Femi Kuti’s African Shrine,
- Late Chief Gani Fawehinmi’s house
- Lagbaja’s Motherland.
3. Abuja Municipal LG
Abuja which is Nigeria’s capital also has one of the richest local governments in Nigeria, and this is possible because Abuja is the residential area for kings, politicians, and other prominent people of Nigeria.
Apart from the president, it also houses some prominent politicians, such as senators, representatives, and members of the presidency.
Both the Organization of the Petroleum Exporting Countries and the Economic Community of West African States (ECOWAS) maintain regional headquarters in the Abuja municipal local government area (OPEC).
The Local Government Area is characterized by well-organized, wide streets, massive skyscraper buildings, and uniformly spaced residences.
The Abuja Sheraton, Nicon Hilton, and Agura Hotel are just a few of the five-star hotels that are present there. They are all situated in the Abuja Municipality. It also offers opulent leisure and tourism attractions.
4. Eti Osa LG, Lagos
Here is Lagos state again coming fourth on our list, no thought Lagos is a blessed state. Eti-Osa is yet another very rich local government in Nigeria that is still under Lagos state. The local government houses a lot of Councils which also include the Lagos state government Council.
The Eti-Osa local government district, which is home to the Nigerian president, served as the nation’s capital before it was relocated to Abuja.
Over 280,000 people call Eti-Osa home, which accounts for over 3% of all residents of Lagos State, according to the most recent census in Nigeria.
Aliko Dangote, the richest man in Africa, and Folorunsho Alakija, the richest lady in Nigeria, as well as other well-known figures like Mike Adenuga, have built homes in Eti-Osa since and Eti-Osa is where most of their businesses are concentrated that is why the local government falls among the richest local government in Nigeria.
5. Ibeju-Lekki LG, Lagos
Ibeju-Lekki Is Notable For:
- The Pan-Atlantic University
- Lekki Deep Seaport
- Eleganza industries
- Lekki International Gulf Course
- LUFASI nature parks
- The ongoing project of the Dangote Refinery is estimated to be the world’s biggest single-train facility, estimated to cost $9 billion to build.
6. Uyo LG, Akwa Ibom
The capital of Akwa-Ibom State is Uyo, which is also a local government area in Nigeria is also one of the richest local governments in Nigeria. Godswill Akpabio Stadium, IBB Way, Atiku Abubakar Avenue, Udo Udoma Avenue, and Edet Akpan Avenue are all located in the city.
7. Calabar Municpal LG
Another noteworthy and prosperous LGA in Nigeria is the Calabar Municipal. It is situated in the state of Cross Rivers and is well-known for its green reserves, with a significant portion of its land area set aside for them. Additionally, the city is bordered by excellent vacation destinations like the Calabar Tinapa, Obudu cattle ranch, and many more, and the roads are well-paved.
8. Bonny Island
One of the South’s finest locations is Bonny Island. It is noted for its advanced infrastructure and is situated at the southernmost point of Rivers State.
Bonny Island is one of the richest local governments in Nigeria and home to the Nigeria Liquefied Natural Gas Plant (NLNG), which likely explains why Bonny is the only Nigerian city with a constant supply of energy.
The primary mode of transportation to and from the island is by ferry. Ibani is the native tongue of Bonny Island and Bonny Town, however many locals also speak Igbo.
The Niger Delta region’s economic headquarter is Obio Akpor. Two of the nation’s refineries can be found there; they are both in the state of Rivers.
Additionally, this LG is home to offices for a number of oil and gas companies. Obio-Akpor, which refines the majority of the oil extracted in Nigeria, may be thought of as the country’s financial heart. Rumuodomaya, where Obio-offices Akpor’s are located, was formerly inhabited by the Ikwerre people.
10. Ibadan Northwest
The largest city in West Africa is Ibadan, where Ibadan North West is situated and is also one of the richest local government areas.
The first skyscraper and television station in all of tropical Africa were located in this location, which was one of the best-developed areas in the nation. Additionally, this LGA is home to the terminal of the first railway in Nigeria, the Lagos-Ibadan rail.
Which Local Government is the Richest in Nigeria?
Lagos Island LGA is the richest local government in Nigeria because of the many projects, infrastructure, companies, and prominent places in it.
Which Local Government is Big in Nigeria?
The city of Toro houses the Toro Government headquarters, which has three districts The towns of Toro, Jama’a, and Lame. The local government of Nigeria, and in Africa as a whole, is the largest. At the 2006 census, it had an area of 6,9322km and a population of 350,404.
In spite of the economic recession, the Lagos Island LGA area is still holding on to its status as the richest Local Government Area in Nigeria and has made tremendous progress.
However, all the six local governments we have mentioned are also rich in various factors. We hope this article has helped you discover the Richest Local Government In Nigeria