The industrial and commercial cities of Nnewi and Onitsha have been ranked as fasting-growing cities in Nigeria.
This is contained in a report by Financial Derivatives Company (FDC) Limited led by renowned economist, Bismarck Rewane.
Bismarck Rewane and his group announced Nnewi, Abuja, Uyo, Port Harcourt, and Onitsha as the fastest-growing city in Nigeria.
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In its report, the FDC noted that the cities have the following average growth, Nnewi (29.6%), Abuja (28.4%), Uyo (28.3%), Port Harcourt (25.6%), and Onitsha (24.9%).
Nnewi and Onitsha are in Anambra which has the largest industrial capacity in Nigeria apart from Lagos State, Nigeria’s commercial capital. Apart from Onitsha main market, which is Africa greatest single market, Nnewi has the highest number of millionaires per capita anywhere in Africa
According to the Governor-elect of the state, Prof. Chukwuma Soludo, Nnewi and Onitsha have the potentials for Anambra to become a Taiwan-Singapore-Dubai.
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