2014 Strategic Economic Analysis Report Nigerian South South Bloc Sub-National competitiveness Review
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This document analyzes the socioeconomic competitiveness of Nigeria's South South region. It provides statistics on population, GDP, unemployment, agricultural production, natural resources and internal generated revenue for each of the 6 states in the region - Rivers, Delta, Edo, Akwa Ibom, Bayelsa and Cross River. It also evaluates the business environment and competitiveness of each state based on ease of starting a business, dealing with contracts, registering property and enforcing contracts according to the World Bank's Doing Business report.
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2014 Strategic Economic Analysis Report Nigerian South South Bloc Sub-National competitiveness Review
- 1. Nigerian South South Bloc Sub-National Economic Competitiveness 1 2014 Strategic Analysis ReportDr. Olayiwola Oladapo 2014
- 2. 2Dr. Olayiwola Oladapo 2014
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- 10. Key Socio-Economic Stats on the SS • According to the World Bank, the six producing states in the South South geopolitical zone and their adjacent Offshore Delta, Bayelsa, Rivers, Akwa Ibom, Cross River, and Edo states accounted for 91.5 percent of the gross oil production population. ( The Management of Oil and Gas in Federal Systems) • The South South region encompasses 78 of the 159 oil fields (44%) • Total Population is 17,810,715.00 about 10% of Nigeria’s Total Population 10Dr. Olayiwola Oladapo 2014
- 11. 2014 Nigerian South South States GDP Stats 11 No SS States Million($) 1 Rivers 21,073 2 Delta 16,749 3 Edo 11,888 4 Akwa Ibom 11,179 5 Cross Riverss 9,292 6 Bayelsa 4,337 Total 74,518 http://services.gov.ng/states Dr. Olayiwola Oladapo 2014
- 12. SS States Socio-Economic Profile States Population Oil & Gas Agriculture- Cash Crops Water Resources Tourism Human Resources Mineral Resources Edo 3,233,366 3rd Most Populated Least Producer Cocoa, Rubber, Rice, Coffee, Timber, Oil Palm, Cassava, Sugar Cane Moderately Rich Aquaculture Cultural Technical/ Vocational Gypsum, Marble, Coal & Lignite, Bitumen, Limestone, Bentonite, Dolomite Rivers 5,198,716 Most Populated 2nd Highest Producer Oil palm and Rubber, Cassava, Cocoa, Pineapple Rich Aquaculture Entertainment/ Cultural Technical/ Engineering Kaolin, Silica Sand Delta 4,112,445 2nd Most Populated 3rd Highest Producer Oil palm, Rubber, Cashew, Cocoa and Coconut, Rich Aquaculture Cultural Technical/ Engineering Coal & Lignite, Silica Sand Akwa Ibom 3,902,051 4th Most Populated Highest Producer Palm Oil, Cassava, Yam ,Rice. Rubber Rich Aquaculture Medical Technical/ Engineering Kaolin and Limestone Bayelsa 1,704,515 Least Populated 4th Highest Producer Cocoa, timber, Oil palm, rubber & Cashews, Rich Aquaculture Cultural Technical/ Engineering Kaolin Cross River 2,892,988 5th Most Populated 5th Highest Producer Cocoa, Rubber, Timber, Oil Palm, Cashew Rich Aquaculture Entertainment Cultural Technical/ Engineering Tantalite, Baryte, Zinc,Coal & Lignite, limenite, Limestone, Columbite, Cassiterite, Lead 12Dr. Olayiwola Oladapo 2014
- 13. SS States Socio-Economic Indicators States *Unemployment 5 Year Average 2008-2011(%) *IGR 2013 *IGR 2014 Edo 18.5 18,899,322,710.47 NA Rivers 22.8 87,914,415,268.80 89,112,448,347.58 Delta 22.2 50,208,229,986.91 42,819,209,025.24 Akwa Ibom 25.6 15,398,828,428 15,676,502,423.00 Bayelsa 27.6 10,500,936,262.88 10,958,263,688.00 Cross River 17.3 12,002,167,999.57 NA *National Bureau of Statistics 13Dr. Olayiwola Oladapo 2014
- 14. *Business Competitiveness Indicators- Where Is it easy? States To start a Business To deal with contracts Permit Registering A property Enforcing Contracts Edo 14 33 34 5 Rivers 32 11 33 20 Delta 28 13 29 23 Akwa Ibom 22 31 24 26 Bayelsa 26 19 20 14 Cross River 10 18 14 36 *Doing Business in Nigeria 2014- World Bank Group • Please note the ranking is against 36 States and FCT 14Dr. Olayiwola Oladapo 2014
- 15. Cross River State- Socio Economic Profile Population 2,892,988 Oil & Gas Output 5th Highest Producer Agricultural Cash Crops Cocoa, Rubber, Timber, Oil Palm, Cashew Aquaculture Resources 39 Fish Species according to FAO Water Resources Calabar port Tourism Obudu Mountain Resort, Agbokim Waterfalls , The Old Residency Cross River National Park Museum Mineral Resources Tantalite, Baryte, Zinc,Coal & Lignite, limenite, Limestone, Columbite,Cassiterite, Lead IGR 2013 N12,002,167,999.57 IGR 2014 NA Unemployment 5 Year Average 2008-2011 17.3% 15Dr. Olayiwola Oladapo 2014
- 16. Cross River State- Business Competitiveness Where Is it easy to deal with contracts Permit 18th in Nigeria Where Is it easy Registering a property 14th in Nigeria Where Is it easy to start a Business 10th in Nigeria Where Is it easy enforcing Contracts 36th in Nigeria 16Dr. Olayiwola Oladapo 2014
- 17. Rivers State- Socio Economic Profile Population 5,198,716 Most Populated State in the SS Oil & Gas Output 2nd Highest Producer Agricultural Cash Crops Oil palm,Rubber, Cassava, Cocoa, Pineapple Aquaculture Resources 270 Fish Species Water Resources 2 Ports Assets • Port Harcourt Port • Onne Tourism • Port Harcourt Carnival • Port Harcourt Book Capital City Status Mineral Resources Kaolin, Silica Sand IGR 2013 N87,914,415,268.80 IGR 2014 N89,112,448,347.58 Unemployment 5 Year Average 2008-2011 22.8% 17Dr. Olayiwola Oladapo 2014
- 18. Rivers State- Business Competitiveness Where Is it easy to deal with contracts Permit 11th in Nigeria Where Is it easy Registering a property 33rd in Nigeria Where Is it easy to start a Business 32nd in Nigeria Where Is it easy enforcing Contracts 20th in Nigeria 18Dr. Olayiwola Oladapo 2014
- 19. Akwa Ibom State- Socio Economic Profile Population 3,902,051 4th Most Populated State in the SS Oil & Gas Output Highest Producer Agricultural Cash Crops Palm Oil, Cassava, Yam ,Rice. Rubber Aquaculture Resources 11 major Fish Species Water Resources Proposed Ibaka Deep sea port Tourism Medical and Cultural Tourism Potentials Mineral Resources Kaolin, Coal and Limestone IGR 2013 N15,398,828,428 IGR 2014 N15,676,502,423.00 Unemployment 5 Year Average 2008-2011 25.6% 19Dr. Olayiwola Oladapo 2014
- 20. Akwa Ibom Business Competitiveness Where Is it easy to deal with contracts Permit 31st in Nigeria Where Is it easy Registering a property 24th in Nigeria Where Is it easy to start a Business 22nd in Nigeria Where Is it easy enforcing Contracts 26th in Nigeria 20Dr. Olayiwola Oladapo 2014
- 21. Delta State- Socio Economic Profile Population 4,112,445 2nd Most Populated State in the SS Oil & Gas Output 3rd Highest Producer Agricultural Cash Crops Oil palm, Rubber, Cashew, Cocoa and Coconut, Aquaculture Resources 24 major Fish Species Water Resources Delta Port Complex Tourism Cultural Mineral Resources Coal & Lignite, Silica Sand IGR 2013 N50,208,229,986.91 IGR 2014 N42,819,209,025.24 Unemployment 5 Year Average 2008-2011 22.2% 21Dr. Olayiwola Oladapo 2014
- 22. Delta State- Business Competitiveness Where Is it easy to deal with contracts Permit 13th in Nigeria Where Is it easy Registering a property 29th in Nigeria Where Is it easy to start a Business 28th in Nigeria Where Is it easy enforcing Contracts 23rd in Nigeria 22Dr. Olayiwola Oladapo 2014
- 23. Edo State- Socio Economic Profile Population 3,233,366 3rd Most Populated in the SS Oil & Gas Output Least Producer Agricultural Cash Crops Cocoa, Rubber, Rice, Coffee, Timber, Oil Palm, Cassava, Sugar Cane Aquaculture Resources 24 major Fish Species Water Resources Delta Port Complex Tourism Cultural Mineral Resources Gypsum, Marble, Coal & Lignite, Bitumen,Limestone, Bentonite, Dolomite IGR 2013 N18,899,322,710.47 IGR 2014 NA Unemployment 5 Year Average 2008-2011 18.5% 23Dr. Olayiwola Oladapo 2014
- 24. Edo State- Business Competitiveness Where Is it easy to deal with contracts Permit 33rd in Nigeria Where Is it easy Registering a property 34th in Nigeria Where Is it easy to start a Business 14th in Nigeria Where Is it easy enforcing Contracts 5th in Nigeria 24Dr. Olayiwola Oladapo 2014
- 25. Bayelsa Socio Economic Profile Population 1,704,515 Least Populated Populated in the SS Oil & Gas Output 4th Highest Producer Agricultural Cash Crops Cocoa, timber, Oil palm, rubber & Cashews Aquaculture Resources 34 major Fish Species Water Resources None Tourism Cultural Mineral Resources Kaolin (China Clay) IGR 2013 N10,500,936,262.88 IGR 2014 N10,958,263,688.00 Unemployment 5 Year Average 2008-2011 27.6% 25Dr. Olayiwola Oladapo 2014
- 26. Bayelsa- Business Competitiveness Where Is it easy to deal with contracts Permit 19th in Nigeria Where Is it easy Registering a property 20th in Nigeria Where Is it easy to start a Business 26th in Nigeria Where Is it easy enforcing Contracts 14th in Nigeria 26Dr. Olayiwola Oladapo 2014