There are various and numerous aspects of development. However, this paper dwelt on urbanization as an aspect of development. It explored the concept of urbanization and maintained that it is a process where government ensures that standard of living of urban dwellers and their economic status are improved through various means including the extension of credit facilities. It avowed that though there is evidence of urban poverty and urban violence in our cities, with effective and efficient city governance that will ensure robust urban economy, greater development in our urban centers can be achieved.