Friday, 3 November 2017

Federal Government Ranks Lagos As Most Competitive State In Nigeria

The National Competitiveness Council of Nigeria (NCCN), has launched Nigeria’s first Sub-National Competitive Index to help spur growth-friendly policies among states.
The index evaluates the competitiveness of Nigeria’s 36 states and FCT through metrics that examine growth, development and productivity potential.
According to the pioneer ranking released on Friday, Lagos State came tops, followed closely by Delta and River States. While Borno and Gombe States ranked 36th and 37th respectively in the index.
Lagos also fared best in the areas of Infrastructure and Economy, while northern states Borno and Zamfara lost significantly in the area of Human Capital – plagued by issues with healthcare and education.
Speaking about the report, NCCN Chief Executive, Matthias Chika Mordi said: “In aggregate, Nigeria remains challenged in its competitiveness.
“We expect the SNI to have a catalytic effect in competitive state policies which will ultimately lead to greater business productivity, resulting in job creation and poverty reduction.
“The index is a culmination of 20 months of intense work. We have worked rigorously to ensure objectivity and transparency in our methodology data collection, analysis and interpretation.
“Where possible we applied effective tools for cross-validation, and ease of replicability. It is by no means perfect, but we envisage improvements with subsequent iterations of the index,” Mordi stated.

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