0Thou bedevilled with annoying traffic jams, Lagos is richer than the whole of Kenya. Lagos is home to 21 million people, with 2000 more adding on each single day. It is the largest city in the world without a city wide railway system, which explains its jams
Lagos has a GDP per capita of $4,333 against Kenya’s measly $1,376.7 (Worldbank, 2015)
from a city that produces 90% of the whole of Nigeria economy-in terms of oil and petroleum what do you expect?..wait when Turkana starts oil production it will jump from it’s $200 GDP to $7,000 equivalent to SA.
we’re still talking of GDP…but on revenue Tullow oil will need to recoup some of their investment, just because a region shows high GDP does not equate better living conditions of the locals.
GDP shouldnt be used as an indicator of social
welfare as it does not describe wealth
distribution.in lagos there is the richest way above
the kenyans and the poorest way below the poorest
kenyan.i dont see anything to brag about there
“Lagos is growing at such an
astonishing rate that by 2016 it is predicted to be
the
third largest city in the world, behind Mumbai and
Tokyo, but it is an unlikely model metropolis.
Although the country has vast oil resources, the
city’s
infrastructure is appalling. Three-quarters of Lagos
residents live in slums. The rail network manages
one
train per week. Despite being the world’s sixth
biggest
oil producer, power cuts are a daily occurrence and
a
national joke. Lagosians have renamed the National
Electric Power Authority (NEPA) as Never Expect
Power Always.”
SOURCE: https://www.theguardian.com/world/2010/
apr/04/documentary-film-welcome-to-lagos-nigeria