10 of Nigeria’s most expensive cars and the rich people who own them this 2024

In Nigeria, the kind of car you drive shows how important and wealthy you are. Nigeria is home to both millionaires and billionaires who were born and raised here anyway. Even though the country’s economy is in bad shape, there are still people who can afford to fill their garages with expensive and fancy cars.

Nigeria has no doubt a lot of the most expensive and nicest cars in the world. But having a nice car doesn’t make you wealthy. These cars have a lot of features that most cars don’t have.

Nigerians don’t mess around when it comes to exotic cars, like the Rolls Royce Cullinan or the Bentley Bentayga.

These are Nigeria’s most expensive cars and the rich people who own them.

• Aliko Dangote – Bugatti Veyron

The elite business magnate who has consistently ranked as the richest man in Africa hails from Kano State, Nigeria. Aliko Dangote was born on 10th April 1957 to a wealthy Muslim family. Aliko’s business venture started when he was 8. The start of the Dangote Group dates back to a small trading unit in 1977.

Now the business has become a conglomerate, handling the welfare of thousands of people. Aliko Dangote has been awarded several accolades including; the “Grand Commander Of the Order of the Niger” (GCON) by former President Goodluck Jonathan in November 2011. When it comes to the richest man in Nigeria and Africa, the name that immediately comes to mind is Aliko Dangote. According to Bloomberg, Aliko Dangote’s current net worth is estimated at $ 16.4 billion.

With a massive network like this, Aliko Dangote has one of the most expensive cars in Nigeria. He owns a luxurious Bugatti Veyron packed in his garage which he uses for his official trips. This Bugatti Veyron cost him nothing less than ₦1.1 billion to bring home. The Bugatti Veyron can reach up to 431km/h and accelerate up to 100km/h in just 2.5s. The exquisite car is a prestigious car and also comes with quality materials, up-to-date infotainment and smart ergonomics.

• Wizkid – ₦611m Aventador, ₦438 Rolls-Royce, ₦101m Urus, ₦78m Mercedes Benz V Class 2019

Wizkid, one of Nigeria and Africa’s top-rated artists, does not just have a love for music. He is also a car lover. Now, it’s not just any kind of ride. The artist is selective and has some of the most luxurious and expensive cars packed in his garage.

Earlier in September 2022, news came out through Moa Global Services, a car dealing firm, that Wizkid had bought a multi-million naira car, ₦611m Aventador, ₦438 Rolls-Royce, ₦101m Urus, ₦78m Mercedes Benz V Class 2019.

• Burna Boy – Lamborgini & Maybach Benz, Bugatti

In an Instagram post, Burna Boy revealed that he had splashed out millions on new cars. Some of these include a Lamborghini, a Maybach Benz, and while also awaiting the finishing touches on his custom Bugatti.

Burna Boy, who has taken possession of a new Lamborgini, Maybach Benz, also shared a post of him asking a dealer if his custom Bugatti was ready.

• Dino Melaye – N460m 2020 Lamborghini Aventandor Roadstar

Dino Melaye is a politician, a former senator and was once a member of the House of Representatives. Melaye represented the Kogi district under the People’s Democratic Party and became famous as the ‘singing senator’.

Dino Melaye is a wealthy man with a net worth of $800 million. A man of such staggering net worth can very well be able to afford super-expensive cars. Just last year, Dino Melaye added a glamorous Lamborghini Aventador to his already luxurious garage. It is reported that he acquired his Lamborghini Aventador for a whooping ₦460 million. Dino Melaye’s Lamborghini Aventador is a statement of flamboyance, brilliant aesthetics and top-notch performance.

• Jowi Zaza – Brabus G Wagon, other cars

Joseph Eze Okafor, Jnr, popularly called Jowi Zaza is one of the youngest billionaires in Nigeria. He has so much wealth at the young age of 36 that most people consider him to be a Yahoo boy. Jowi Zaza was born into a wealthy home. His father, Chief Joseph Eze Okafor is a wealthy oil and gas business magnate. Jowi Zaza has also followed his father’s path by becoming the Chief Executive Officer of his father’s business, Jezco Oil and Lubricants.

Amongst the expensive cars in Jowi Zaza’s garage is a Brabus G Wagon worth over ₦250 million. Seated under the hood is a V-12 engine that makes 900 horsepower and 1106 lb-ft of torque. The 0-62 sprint happens in just 3.8 seconds, and the top speed is electronically limited to 174 mph.

• Davido – Rolls Royce Cullinan

The ‘Omo Baba Olowo’ himself has his place amongst the ranks of expensive car owners. Ayobami Adeleke popularly known as Davido is a Nigerian artist, songwriter and music producer. Davido is one of Nigeria’s top music artists. He’s the son of Nigerian billionaire Adedeji Adeleke, although he claims he earned his wealth through his hard work in the music industry.

His estimated net worth is ₦8.5 Billion. Davido doesn’t hesitate to show off his wealth on social media. Amongst the exotic cars in his fleet, his most expensive car is the Rolls-Royce Cullinan 2019 worth ₦350 million.

• Obafemi Martins – ₦276m Yacht, ₦55m G-Wagon & ₦138m Bentley Bentayga

Obafemi Martins, nicknamed ‘Oba goal’ is talented and one of Nigeria’s finest footballers. Obafemi Akinwunmi Martins was born on the 28th of October 1984 and is a footballer who was a former Super Eagles striker and also played for the Chinese Super League side- Wuhan Zali, but currently retired, Oba goal will never stop reminding us of how he’s enjoying his luxurious lifestyle as a footballer.

The former Super Eagles striker Obagoal owns the most expensive yacht and cars. He sometimes shared some photos of him posing with his Obafemi Martins Iguana 31 Expedition yacht, 2017 Bentley Bentayga, and Mercedes-Benz G Wagon.

The Bentley Bentayga is reportedly worth $230,000 (that’s about ₦138 million). The Bentley Bentayga is ranked as one of the most expensive Sports Utility vehicles in the auto market. The Bentley is powered by a 6.0-litre W-12 engine that puts out 600hp and a torque of 664-lb. Despite its over 5,600 pounds weight, the car still gets to ride from 0-60 mph in 3.5 seconds.

• Obi Cubana

• 3.1 2022 Mercedes Benz Maybach S580 (over 250 million naira)
• 3.2 2 Lexus Lx (starting price ₦36.6 million each)
• 3.3 Mercedes Benz 4matic S40 (starting price is ₦38 million)
• 3.4 Range Rover ( over ₦40 million NGN)
• 3.5 Rolls Royce Phantom (over ₦176 million)
• 3.6 Brabus G-Wagon (starting price of ₦ 180 million)
• 3.6.1 Mercedes Benz Amg Gle 53 2021 ( ₦50-85 million)
• 3.7 Mercedes Benz Sprinter ( ₦70-100 million)

Some men are living the kind of life many young and old Nigerians dream to live. To ride expensive cars, live in state-of-the-art mansions, and generally live a comfortable life is a desire inherent in every man. I mean, who doesn’t like something good?

However, some people seem to assume living this kind of lifestyle is not possible, especially in a country like Nigeria where the majority is complaining of economic hardship. If you think like this too, then what I’m about to share with you will change your perspective! Do you know that Obi Cubana’s garage is worth billions?

• Man like Chico – 2018 Ferrari 488 Spider

Nigerian youngest billionaire businessman and socialite, Chibuzor Madubuko popularly known as Man-like-Chico, became the talk of the town after taking to his Instagram page to display his 2018 Ferrari 488 Spider ₦290 million naira.

Ferrari is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as Auto Avio Costruzioni, the company built its first car in 1940 and produced its first Ferrari-badged car in 1947.

• Ahmed Musa

• Mercedes Benz CLS – 57.6 Million naira
• 2017 Porsche Macan – 37 million naira
• Mercedes Benz Sprinter – N33.4 Million naira
• Range Rover Sport  ($50,000) which he bought in 2013.
• A Range Rover Velar  ($60,500) which he bought in 2018.
• Mercedes Benz G-Wagon costs $127,650.

Musa became the first Nigerian to score more than once in a FIFA World Cup match, after scoring twice against Argentina in the 2014 FIFA World Cup.

The 29-year-old footballer, In addition, loves cars and is not afraid to show them. He has been spotted in luxury cars more than any footballer in Nigeria, including a BMW he bought for his son.