Before we define the richest state in Nigeria in 2017 we should consider the way how the assessments are made. What are the indexes, what are the components which should be included while making the analysis and so on and so forth? We are not going to write only about the money. Keep reading to learn interesting information.
The most developed state can be considered the area where the best use of both natural and accumulated by the preceding generations material and spiritual resources are presented. The most important part of the economic potential of the country is national wealth.
National wealth is a collection of physical resources, the accumulated product of past labor, which is taken into account and involved in the economic circulation of natural resources of the a company at a particular point in time.
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Statistics of national wealth solves problems which are associated with the development of a system of indicators and rationale methodology for their calculation as to the wealth and for its individual elements. This is in addition to the task of practical organization of statistical observation and processing of obtained information at different levels in accordance with the adopted system of indicators and methodology of their calculation.
State in Nigeria
The system of indicators of statistics of national (state) wealth uses in the analysis the following key features:
- the availability (volume) and structure of wealth;
- the reproduction of its most important parts;
- the dynamics of wealth and its
The Richest state in Nigeria
Using this system, it is possible to characterize the changes in the volume and composition of the wealth of the various states, by generating the corresponding group, the series of the dynamics and constituting the balance of the national wealth as well as its separate parts.
The statistics of national wealth as a whole is constructed as statistics of accumulated wealth and natural resources. By the way, to the accumulated wealth we may refer everything which can’t be included in the list of natural resources.
As Nigeria is reasonably the biggest country on the African continent. Its territory is really huge in comparison with some other countries. The population, according to the WorldStatistics, is more that 180 million people. Among 36 States which belong to the Federal Republic we have found 3 the richest states. Well, they are Lagos State, Delta State and Akwa Ibom State.
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