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Ibadan arises as a top rising state in economic growth



Global Startup Ecosystem Index 2021 was released by StartupBlink, Ibadan showed a remarkable accomplishment rising from 601 position to rank 353rd globally in regards to technology growth.

Economic business growth in Abuja and Portharcourt lagged behind to 466th and 906th place respectively.

In climbing the ladder, Oyo state and Ibadan are at a close gap with Lagos State in facilitating economic growth. Oyo state stands second to Lagos state occuping 122nd place globally.

According to the statistics presented, Ibadan would be a state experiencing large dimension of growth and a lucrative place that will attract forth investors. The emerging of their new found glory would be accorded to Safeboda, a bike-hailing startup that contributed a massively in Ibadan tech market and Alerzo, business enterprise that connects retailers to consumer goods.

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