Lagos State

==Economy==
Lagos State is a major economic centre of Nigeria. It would be the fifth largest [[economy]] in Africa if it were a country.<ref name="John M. O. Ekundayo 2013 135"/>
Lagos State houses headquarters of most conglomerates and commercial banks in Nigeria.<ref>{{Cite web|title=Lagos State Economy|url=https://lagosstate.gov.ng/about-lagos/#:~:text=LAGOS%20STATE%20ECONOMY&text=Lagos%20is%20also%20Nigeria%27s%20financial,Nigerian%20Stock%20Exchange%20%5BNSE%5D.|access-date=2021-08-31|website=}}</ref> The state has the [[List of Nigerian states by poverty rate|lowest incidence]] of [[extreme poverty]] (around 1.3% of the population against a national average of 31%) of all states in Nigeria, according to [[World Bank]] data from 2018.<ref>{{Cite web |title=Geospatial Poverty Portal: Interactive Maps |url=https://pipmaps.worldbank.org/en/data/datatopics/poverty-portal/poverty-interactivemap |access-date=2024-01-22 |website=World Bank |language=en}}</ref> Despite that, [[Slum|slums]] and poverty are a major issue in the Lagos area.

Its total generated [[revenue]] in 2017 was around [[Nigerian naira|₦]]334 billion (equivalent to [[United States dollar|US$]]920 million), growing by 10.43% compared to 2016.<ref>{{cite web|title=Internally Generated Revenue At State Level 2017|publisher=National Bureau of Statistics|url=http://nigerianstat.gov.ng/elibrary?queries[search]=revenue}}</ref> By the first half of 2021, the State's internally generated revenue (IGR) alone stood at over [[Nigerian naira|₦]]267 billion.<ref>{{Cite web |title=Reports {{!}} National Bureau of Statistics |url=https://nigerianstat.gov.ng/elibrary/read/1241089 |access-date=2022-10-05 |website=nigerianstat.gov.ng}}</ref>

=== Lekki Free Trade Zone ===

[[Lekki Free Trade Zone]] (Lekki FTZ) is a free zone situated at the eastern part of Lekki, which covers a total area of about 155 square kilometres. The first phase of the zone has an area of 30 square kilometres, with about 27 square kilometres for urban construction purposes, which would accommodate a total resident population of 120,000. According to the Master Plan, the free zone will be developed into a new modern city within a city with integration of industries, commerce and business, real estate development, warehousing and logistics, tourism, and entertainment.<ref name="China-Africa">{{cite web|title=Plans of Lekki Free Trade Zone ( Lekki FTZ)|url=http://en.calekki.com/ghjs_detail/newsId=337.html|access-date=15 December 2015|publisher=China-Africa Lekki Investment Ltd.|archive-date=22 December 2015|archive-url=https://web.archive.org/web/20151222131348/http://en.calekki.com/ghjs_detail/newsId=337.html|url-status=dead}}</ref>

===Mineral resources===
The following mineral resources are found in Lagos State:<ref>{{Cite web|title=Natural Resources – Welcome To The Embassy of Nigeria|url=https://nigerianembassythehague.nl/about-nigeria/natural-resources/|access-date=2021-12-19|language=en-US}}</ref>
* [[Clay]]<ref name=":1">{{Cite web |last=Atulegwu |first=David |date=2020-09-08 |title=List of Natural Mineral Resources Found in Lagos State |url=https://nigerianinfopedia.com.ng/natural-mineral-resources-found-in-lagos-state/ |access-date=2022-03-21 |website=Nigerian Infopedia |language=en-US}}</ref>
* [[Bitumen]]<ref name=":1" />
* [[Glass|Glass Sand]]<ref name=":1" />
* [[Crude Oil]]