Nigeria is home to many expensive and luxurious cars from all over the world. From the Rolls Royce Cullinan to the Bentley Bentayga, Nigerians love to flaunt their wealth with their exotic cars.
However, owning a luxurious car does not necessarily make you rich. These cars are expensive to purchase and maintain, and they often depreciate in value quickly. Additionally, many people who own luxury cars finance them, so they are not actually wealthy enough to afford to buy them outright.
Despite the high cost of ownership, Nigerians continue to buy luxury cars. For some, it is a status symbol that shows off their success. For others, it is a way to enjoy the finer things in life. And for a small minority, it is simply a passion for cars.
Whatever the reason, there is no doubt that Nigeria has a thriving market for luxury cars. And with the country’s economy growing rapidly, it is likely that this market will continue to grow in the years to come.
List of the Most Expensive Cars in Nigeria and Their Owners
10. Ferrari – Dino Melaye
Dino Melaye, a former senator and renowned as the ‘singing senator,’ boasts an impressive collection of posh cars. Among them is the Ferrari, celebrated for its remarkable speeds, captivating sound, sophisticated luxury, and a hefty price tag of N100 million. The Ferrari brand, globally revered for its “flat plane” crankshaft engine, holds a near-mythic status.
9. Bentley Bentayga — Davido
Nigerian musician Davido, born Ayobami Adeleke, showcases his success with a 2018 Bentley Bentayga, a purchase that set him back approximately N133 million. Hailing from the family of Nigerian billionaire Adedeji Adeleke, Davido emphasizes his hard-earned wealth in the music industry, aligning with his status as one of Nigeria’s wealthiest musicians.
8. Brabus G Wagon — Jowi Zaza
Jowi Zaza, the young Nigerian billionaire, flaunts his affluence with a luxurious Brabus G Wagon valued at over N250 million. This high-performance vehicle boasts a V-12 engine, producing 900 horsepower and 1106 lb-ft of torque. Clocking an impressive 0-62 mph in just 3.8 seconds, its top speed is electronically limited to 174 mph.
7. Lamborghini Urus — Wizkid
Wizkid, also known as Ayodeji Ibrahim Balogun, a prominent figure in the music industry, possesses a lavish Lamborghini Urus worth over N120 million. This vehicle, adorned with Lamborghini badges, LED headlights, and Y-shaped LED daytime running lights, houses a twin-turbo V-8 engine generating 641 horsepower and 627 lb-ft of torque.
6. Rolls Royce Phantom — Chibuzor Madubuko
Chibuzor Madubuko, a Nigerian billionaire from the affluent Madubuko family, showcases opulence with his Rolls Royce Phantom, a masterpiece valued at over N190 million. The vehicle, epitomizing royalty, features a 563-hp twin-turbo V-12 engine and an eight-speed automatic transmission.
5. Bentley Mulsanne — Aliko Dangote
Aliko Dangote, Africa’s wealthiest individual, adds to his fleet of luxurious vehicles with the Bentley Mulsanne, a statement of Bentley’s innovation and craftsmanship. Priced at over N200 million, this car boasts a unique four-mode air suspension, providing a fluid driving experience across various surfaces.
4. Lamborghini Aventador — Olamide
Olamide, the acclaimed Nigerian rapper, showcases his prosperity with a brand-new Lamborghini Aventador, an investment of approximately N218 million. This statement car, known for its brilliant aesthetics and top-notch performance, accelerates from 0-100 km/h in just 2.9 seconds.
3. Rolls Royce Cullinan — Davido
Davido, the ‘Omo Baba Olowo,’ stands out as one of Nigeria’s most extravagant car owners, featuring the Rolls-Royce Cullinan 2019 in his impressive collection. Valued at over N350 million, this luxurious car offers a twin-turbo 6.7-litre V-12 engine, delivering 563 effortless horsepower.
2. Maybach 57S Knight Luxury — Aliko Dangote
Aliko Dangote, Africa’s richest man, proudly owns the Maybach 57S Knight Luxury, reserved for his official trips. This luxurious vehicle, worth over N360 million, boasts a refined new look and enhanced technical features, including a 712 hp 12-cylinder twin-turbo engine.
1. Bugatti Veyron — Dino Melaye
Dino Melaye, one of Nigeria’s wealthiest politicians, attains the pinnacle of extravagance with the Bugatti Veyron, the most expensive car in Nigeria priced at a staggering N1.1 billion. This exquisite vehicle achieves speeds up to 431 km/h and accelerates from 0-100 km/h in just 2.5 seconds, offering high-quality materials, cutting-edge infotainment, and intelligent ergonomics. Notably, Aliko Dangote also shares ownership of this prestigious machine.
