“City Profile - Lagos” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Lagos.
Lagos is the most populous city in Nigeria. Lagos Metropolitan Area or Greater Lagos is a statistical division and not an administrative unit. It comprises 16 of the 20 local government areas (LGAs) and is home to 66.0% of the population of Lagos state (one of the 36 states in Nigeria).
Lagos metropolitan area’s economy entered a recession in 2020, due to containment measures to fight the spread of COVID-19 and fall in crude oil prices on owing to falling global demand. Containment measures mainly affected aviation, tourism, hospitality, restaurants, manufacturing, and trade. Contraction in these sectors offset demand-driven expansion in the financial, and information and communications technology sectors.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Lagos is the most populous city in Nigeria. Lagos Metropolitan Area or Greater Lagos is a statistical division and not an administrative unit. It comprises 16 of the 20 local government areas (LGAs) and is home to 66.0% of the population of Lagos state (one of the 36 states in Nigeria).
Lagos metropolitan area’s economy entered a recession in 2020, due to containment measures to fight the spread of COVID-19 and fall in crude oil prices on owing to falling global demand. Containment measures mainly affected aviation, tourism, hospitality, restaurants, manufacturing, and trade. Contraction in these sectors offset demand-driven expansion in the financial, and information and communications technology sectors.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Scope
- The service sector remains the key contributor to the city’s economy - and the major employer.
- The outbreak of novel coronavirus pandemic had severe impact on both travel and tourism in Nigeria.
Reasons to Buy
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
Table of Contents
- City Snapshot
- PEST Analysis
- Political
- Economic
- Social
- Technology and Infrastructure
- Communications
- Internal Transport Networks
- Connectivity
- Airports
- Ports
- Business Environment Analysis
- Travel and Tourism
- Tourism Flows
- Hotels
- Attractions
- Events
- Construction and Real Estate
- Investment
- Real Estate Market
- Retail
- Retail Market
- Consumption, Income and Prices
- Appendix
- Sources
- Further Reading
- Ask the Analyst
- About The Publisher
- Disclaimer
List of Tables
Table 1: Lagos metropolitan area - key facts (estimates), 2020
Table 2: Lagos metropolitan area - real GDP and real GDP growth, 2000-25
Table 3: Lagos metropolitan area - economic growth comparison (Index 2010=100), 2000-25
Table 4: Lagos metropolitan area - GDP per capita comparison, 2000-25 (US$)
Table 5: Lagos metropolitan area - employment structure, 2000-25 (% of total)
Table 6: Lagos metropolitan area - population comparison, 2000-25 (million)
Table 7: Lagos metropolitan area - population by age, 2000-25 (% of total)
Table 8: Lagos metropolitan area - mass transit network indicators, 2020
Table 9: Lagos metropolitan area - Murtala Muhammed International Airport passengers’ traffic, 2016-21* (number)
Table 10: Lagos metropolitan area - MICE and other events
List of Figures
Figure 1: Lagos metropolitan area - real GDP and real GDP growth, 2000-25
Figure 2: Lagos metropolitan area - economic growth comparison (Index 2010=100), 2000-25
Figure 3: Lagos metropolitan area - GDP per capita comparison, 2000-25
Figure 4: Lagos metropolitan area - employment structure, 2000-25 (% of total)
Figure 5: Lagos metropolitan area - population comparison, 2000-25
Figure 6: Lagos metropolitan area - population by age, 2000-25 (% of total)
