Why Lagos State is More Developed than the Rest of Nigeria
Lagos is widely recognized as the most developed state in Nigeria, a city unmatched by any other in the country. This article explores the reasons behind Lagos's rapid development, its unique features, and its role in Nigeria's economic landscape.
Lagos: A Gateway for Business and Development
Lagos stands out in its business environment, offering a platform for businesses of various sizes and types to thrive, unlike other parts of Nigeria where lower revenue factories might struggle. This inclusive business environment is crucial for driving economic growth and development.
Historical and Demographic Factors
Lagos's development has a long history. As the former capital of Nigeria, its infrastructure and human capital have been benefiting from decades of investment and strategic development. Lagos's population is also a significant factor in its development. High trade and commercial activities attract a large number of settlers, making it a preferred location for industries and companies. These factors contribute to the state's prominence in attracting Foreign Direct Investment (FDI).
Contrasting Development in Other Nigerian States
Despite the financial advantages from the Federation Account, other states like Akwa Ibom, Rivers, Bayelsa, Delta, Edo, Abia, and Ondo do not match Lagos's development levels. These states have received a substantial portion of oil revenue but have failed to translate financial gains into tangible infrastructure and amenities.
The Secret of Lagos's Greatness: Inclusivity and Tolerance
Lagos’s growth is also attributed to its open doors policy, welcoming individuals from across the country and even from neighboring nations. This has led to a melting pot of diverse cultures and ethnicities within the city. Even a young boy with limited education from a remote area can rise through the ranks and succeed in business and education, thanks to the city's inclusive environment.
Economic and Financial Impact
Lagos's economic and financial contributions to Nigeria are significant. It accounts for approximately 26.5% of Nigeria’s GDP and more than half of its non-oil GDP. The state’s industrial capacity is also substantial, contributing over 50% to Nigeria’s non-oil industrial capacity. Lagos is also the country's financial capital, a status that underscores its economic importance.
Recent Development Initiatives
The state government has made notable strides in modernizing Lagos. The Eko Atlantic City, a sophisticated urban development project, is a testament to this progress. It not only mitigates the threat of coastal erosion but also creates a thriving new city. Other areas like Oshodi and Mushin have undergone significant urban renewal, transforming them into centers of pride within the city. These initiatives highlight the commitment to making Lagos a better and more livable city for its residents.
It is clear that Lagos's development is due to a combination of historical, demographic, and inclusive factors. Its openness to people of all backgrounds, diverse economy, and strategic development initiatives make it a standout in Nigeria's landscape. As the state continues to evolve and develop, it remains the forefront of Nigeria's progress and prosperity.
While Nigeria faces many challenges, the success of Lagos offers a model for other states to emulate, potentially contributing to the nation's overall development and stability.