Anambra State has officially emerged as Nigeria’s fifth-largest oil-producing state, following Akwa Ibom, Delta, Rivers, and Bayelsa.
This milestone solidifies Anambra’s position in the country’s oil and gas sector, marking a significant boost to its economic potential. The state’s recognition as a major oil producer is expected to attract increased investment, generate employment opportunities, and enhance revenue allocation from the Federation Account.
With this development, Anambra joins the league of states benefiting from Nigeria’s oil wealth, potentially accelerating infrastructural growth and development in the region. Industry experts believe the state’s rising production capacity could further strengthen its economic standing in the coming years.