Top 10 Best Cities In Nigeria To Do Business Successfully. Get Informed On The Best Cities To Do Business In Nigeria. Check This Post Now.
Do you know there are some cities that are more lucrative to do business in Nigeria? Sounds new? Well, this is due to population as well as a number of other things. Do you want to be exposed to the best cities in Nigeria to do business in? then you have come to the right platform for this information. In this piece, I have highlighted the top 10 cities to do business successfully in Nigeria. Let’s get started!
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What determines if business will thrive in a city or not?
Before we look at the best cities in Nigeria to do business successfully, it is important we look at what determines if business will thrive in a city or not. I mentioned earlier that there are a number of factors that will determine if a business will thrive in a city or not. Here are some of them:
- Level of security
- Infrastructural development
- Taxing laws
- Business licensing
- GDP and per capita income
- Standard of living
These factors altogether determine how industrious or successful a city will be when it comes to business.
What are the Top 10 cities to do business successfully in Nigeria?
- Port Harcourt
- Benin city
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Top 10 Best Cities In Nigeria To Do Business Successfully
At the top of our list of cities is Lagos. Lagos holds about 14+ million people. this city is often regarded as the most populous city in Nigeria. It also has a GDP of about $33.6 billion as well as per capita income of about $4,335. In fact, it is well known that Lagos is currently the fastest growing business city in Nigeria. If you are looking out for where to start your business, Lagos would be a great idea.
2. PORT HARCOURT
Next on our list is Port Harcourt. This city is located in Rivers state. It holds about 3+ million people. it also has a GDP of $21.6 billion as well as per capita income of about $4000. Embedded in this city is an international airport as well as two seaports. If you live around the eastern part of Nigeria, it would be an excellent idea to start up a business in this city.
Abuja is another great city where a business should be located. Abuja is the federal capital territory of Nigeria and it holds about 3+ million people. this city is often regarded as one of the wealthiest federal capitals in Africa.
Another great city to locate one’s business is Warri. Warri is situated in Delta state. It has a GDP of about $16.75 billion. This city accommodates several international and local companies even though it is not capital of the state.
Next on our list is Ibadan. The city of Ibadan is situated in Oyo state. It is one of the largest cities in Nigeria. It has a GDP of $ 16.12 billion as well as a per capita income of $ 2,665. This city is home to about 3,649,000 people. it is a good place to start up a business that would eventually be successful.
When we talk about cities to locate a business, it would be incomplete if we do not include Owerri. This city is located in Imo state. It cannot be overemphasized that it is also the capital of the state. This city is home to about 908,000 people.
Another city that is great to locate one’s business is Kano. Kano city is located in Kano state. It is currently the capital of the state. This city holds about 4,103,000 people. one good thing about this city is that it has an international airport as well as a rail station.
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8. BENIN CITY
Benin city is located in Edo state. It has a GDP of about $11.89 billion as well as a per capita income of $3,624. This city is home to about 1,782,000 people. it is also very rich in natural resources.
The city of Abeokuta is situated in Ogun state in the western part of Nigeria. This city is home to about 543,723 people. it has a GDP of $10.47 billion as well as per capita income of $2,744.
Next on our list is Kaduna. Kaduna city is situated in Kaduna state. It has a GDP of $10.3 billion as well $1,666. This city holds up to 1,133,000 people.