Top 10 Most Expensive Houses In Nigeria! Take out your pacemaker because the top 10 most expensive houses in Nigeria are going to send your heart racing.
From Banana Island and Lekki in Lagos to Abuja, we have gone through the whole of the Federal Republic of Nigeria and we’ve created an accurate list of the top 10 most expensive houses in Nigeria. It is so accurate you could stake your life on it.
Note: We strongly advise you avoid looking at the figures indicating the cost of the houses if you are allergic to large numbers because these figures are going to blow your mind.
This list is in no particular order, due to some estimations we had to make of the cost of some houses, but no matter, each of them costs to the tune of hundreds of millions of naira.
Top 10 Most Expensive Houses In Nigeria
1. Folorunsho Alakija’s House
Appearing first on our list is oil tycoon and billionaire Folorunsho Alakija. We are not going to jump straight to her house and its worth, which is the subject in this essay; we are going to first list her titles.
Folorunsho Alakija is not just a stunning lady, but she is one with brain. With a net worth of $1.5 billion, she is one of Africa’s richest women and one of the richest black women in the world.
With that covered, we will take you over to her house which is worth over N700 million, it is a futuristic-looking house situated in Ikoyi, Lagos.
According to several sources, the building project was run by the prestigious Julius Berger Construction Company, and it’s bulletproof.
Until Folorunsho is kind enough to release some data, we wouldn’t know for sure the cost of the house; but rough estimate places it as one of the most expensive houses in Nigeria.
2. Aliko Dangote’s House
With a net worth of $13.8 billion, Aliko Dangote is not only one of the world’s richest men but also the world richest black person. As you would expect of a billionaire, his house is magnificent, stunning and probably the most expensive house in Nigeria.
Dangote’s house packs a cost of $30 million and while many of us could never get a chance to step our feet on its floor, we can only drool at the photos of the magnificence of the interior of the mansion.
This particular house of Aliko Dangote is located in Abuja, and it’s one of the most expensive houses in Abuja.
3. Linda Ikeji’s House
Top blogger and entrepreneur Linda Ikeji takes her place in our list. Linda Ikeji purchased a house worth N500 million back in 2015.
Unlike most people in our list, Linda Ikeji was quite vocal about her new asset and announced the news on social media. Whether it was to motivate us towards success or any other reason, we couldn’t help but look down at our empty wallets in tears as she shared pictures of the magnificent mansion.
Linda Ikeji’s house is a three-floor luxury house with six bedrooms en-suite, two living rooms, a cinema, a media room, and an outdoor swimming pool.
Linda Ikeji’s two storey mansion is located in Banana Island area of Ikoyi, Lagos.
4. Aliyu Abubakar’s House
Located in Ghana Street, close to the famous Transcorp Hilton in Maitama area of Abuja is the most expensive house in Abuja.
The European-style mansion is owned by Aliyu Abubakar, the Managing Director of AA Oil who confessed that the mansion was inspired by European designs.
The land on which the mansion stands on reportedly cost a whooping 1 billion naira as far back as 2005. When you factor in inflation, and then add the cost of constructing and furnishing of the intimidating house, you discover this could undoubtedly pass as not only the most expensive mansion in Abuja but also the most expensive mansion in Nigeria.
5. Eric Manny’s House
Anyone who has heard of the Nigerian musician Runtown has probably heard of his record label boss Ericmanny.
CEO of Dilly motors and Ericmanny Entertainment Records, Okwudili Umenyiora (Ericmanny) takes his place on our list with his magnificent mansion that left us with an OMG.
Taking a look at the features, you would speculate that the house is worth a fortune. I mean with an outdoor and indoor swimming pool, an indoor and outdoor garage, an elevator within the house, and amazing décor we could all but call this the most expensive house in Lekki.
The exquisite mansion took about four years to complete and looking at its amazing décor and architectural design; we can simply say it is a masterpiece.
While speculation is rife that this is the “most expensive house in Nigeria”, wee know for a fact that Dangote’s mansion is worth $20 million more than his.
The mansion has many other creative features that are better seen.
6. Mike Adenuga’s House
Moving forward on our list we get Nigerian billionaire Mike Adenuga. The successful entrepreneur who has his web spread across several industries such as telecommunications (with Globacom being Nigeria’s second largest telecom operator), banking (with stakes in the Equatorial Trust Bank), and Oil and Gas sector (with stakes in Conoil), rocks a net worth of $4.2 billion.
With such a high net worth we could expect his house to look nothing but amazing.
But hold on a bit, this billionaire doesn’t really own a house or a mansion, it is quite larger, magnificent and grandeur.
Mike Adenuga house which is more of an estate is worth N8 billion. The estate consists of 9 luxury duplexes which house him, his family and guests although one of the houses is reserved as his personal residence and home office.
The estate also has a mosque, a church, a yacht deck, a helipad, an indoor swimming pool, a garage, and a meeting hall which could accommodate about 200 guests.
Mike Adenuga’s house is located in Banana Island. The reserved billionaire’s extravagant mansion is undoubtedly the most expensive house in Banana Island and also the most expensive house in Lagos.
7. Femi Otedola’s House
One of Nigeria’s richest men Femi Otedola finally appear in our list. Femi Otedola is one of the prominent entrepreneurs who enjoyed massive wealth from the oil boom. His company Forte Oil was largely successful, until the late oil crises which led to a downward spiral in prices and production.
Due to this Femi Otedola’s net worth has dropped from an estimated $1.2 billion in 2009 to $550 million in 2018.
However, Femi Otedola still owns one of the most impressive and expensive houses in Nigeria and just like the others on our list it is situated in Banana Island, Lagos.
Although Femi Otedola owns another house in Ikoyi, Lagos, it is not as massive or magnificent as this mansion.
Unfortunately, we do not know the actual price of this mansion as Mr. Otedola wouldn’t reveal these figures. We can only expect it to be worth hundreds of millions if not billions of Naira due to the grandeur, architectural design, and decoration.
8. Timaya’s House
Say welcome to dancehall artiste Timaya (real names Enitimi Alfred Odom) as his beautiful mansion makes its way into our list. Though he released the banger “Bam Bam” in 2018 reminding his fans and other artistes of his dominance in the music industry, we couldn’t help but notice he also released pictures of a new addition to his long line of assets.
Timaya’s mansion is located in Lekki, Lagos state and estimated to be worth N500 million. With an open swimming pool, a vast garage, multiple bedrooms and a great view of the beautiful city of Lagos, we wouldn’t be surprised if his mansion costs more in real worth.
9. E-Money’s House
After gifting himself and his wife a Rolls Royce each for Christmas and then gifting one of the best Nigerian comedians, Funnybone, a Benz, we can all but say that E-money is the master of money.
With so much money to throw around, you would expect E-money to live in a paradise on earth styled house and if that’s what you think, then you are not far from the truth.
At an estimated worth of N250 million, E-money’s state of the art mansion is nothing short of magnificent.
With gold furnishing and décor, an outdoor swimming pool, an indoor gym, and a vast garage to house his fleet of cars, E-money’s house is certainly one of the most beautiful luxury homes in Nigeria.
You can take a look inside as he has generously graced us with photos of the luxurious villa he calls home.
10. Palacio De Okeowo
Closing our list is “Palacio De Okeowo”, the grand mansion of Nigerian philanthropist and estate mogul, Sir Olu Okeowo.
Gulping a land space of 5 acres, the three-floor mansion which was completed within 11 months is certainly an eye-grabber.
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The total cost of constructing and furnishing this mansion is put at around $12 million. The mansion consists of 16 rooms, a chapel, a helipad, and an outdoor swimming pool.
Sir Okeowo’s mansion is located in Parkview Estate, Ikoyi Lagos.
Palacio De Okeowo concludes our list of top 10 most expensive houses in Nigeria.