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Most Expensive Cars In Nigeria, their Owners in 2024

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In Nigeria, the kind of cars you ride is a symbol of your status and affluence. Nigeria can boast of having millionaires and billionaires born and bred within its borders. Despite the failing economy of the country, there are still some who can afford to fill up their garage with lots of luxurious and expensive cars.

Are you curious who these ones are? Or do you want to know the most expensive cars in Nigeria? In this article on Carlots, you will find all the answers.

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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.

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.

The Rolls Royce Cullinan gives a royal appeal and it’s super quiet to ride. Under the hood is a twin-turbo 6.7-litre V-12 providing 563 effortless horsepower. With an all-wheel drive available as standard, the Rolls Royce Cullinan is capable of sprinting from zero to 60 mph of just 4.8 seconds. The interior is spacious and lined in box-grain leather, lambs-wool carpeting, beautiful wood trim, and milled aluminium accents.

Olamide – Lamborghini Aventador

Olamide Acquire Lamborghini Worth over N218 Million
Olamide Acquire Lamborghini

Olamide, the Baddo Master, is another Nigerian with lots of money in his hands. Olamide is a Nigerian music star who has produced various award-winning songs. A prominent artist, Olamide has various awards under his belt, the likes of  “Album of the year”, and “Best indigenous artists” as well as many nominations. He was born and bred in Bariga Lagos State in March 1989. With a staggering net worth of ₦5 billion, Olamide is amongst the most expensive car owners. He owns a brand-new Lamborghini Aventador worth ₦218 million.

In the line of Superfast vehicles, the Lamborghini Aventador cannot be overlooked. The Powertrain begins with a mid-mounted naturally aspirated 6.5-litre V-12 that develops 730 horsepower and 509 lb-ft of torque that is transmitted to the wheels via a seven-speed automated manual transmission. The Lamborghini Aventador is a taste of royalty and guarantees high performance.

Chibuzor Madubuko – Rolls Royce Phantom

Chibuzor Madubuko, popularly known as Man Like Chico, is a rich Nigerian billionaire estimated at $12 billion. He is the son of billionaire businessman Chief Chinedu Benson Madubuko. His father is the founder and CEO of De Chico Group. He hails from Adazi-Ani, Anaocha Local Government Area of Anambra state. He was born on June 3rd to the family of Chief Chinedu Benson Madubuko and Mrs Chinelo Madubuko.

Chibuzor Madubuko is amongst the most expensive car owners. He owns a Rolls Royce Phantom worth over ₦200 million. Owning a Rolls Royce Phantom gives you a taste of royalty. The exterior and interior of the vehicle are made from high-quality materials. It costs over ₦176 million. A silky 563-hp twin-turbo V-12 coupled with an eight-speed automatic and rear-wheel drive delivers massive power to the Phantom.

Wizkid – Lamborghini Urus

Wizkid - Lamborghini Urus
Wizkid – Lamborghini Urus

Ayodeji Ibrahim Balogun popularly known as Wizkid had a flair for music since he was a teenager. He even sang in his church choir before he opted for hip-hop. There’s hardly any Wizkid song that isn’t a hit, recognized both nationally and Internationally. It’s been reported that Wizkid charges millions of naira and thousands of dollars to perform at shows and events. No wonder his estimated net worth is ₦7.3 Billion.

Wizkid rides an expensive and luxurious Lamborghini Urus worth over 120 million NGN. The exterior of the Urus is expertly designed with Lamborghini badges, LED headlights and taillights with Y-shaped LED daytime running lights. Under the hood is a twin-turbo V-8 that makes a massive 641 horsepower  627 lb-ft of torque, together with a permanent all-wheel drive and an eight-speed automatic transmission.  The Lamborghini Urus has a top speed of 190 mph, trotting from 0 to 60 mph in 3.1, and going quarter-mile11.3 seconds at 121 mph.

Wizkid Net Worth, House, Cars, and Biography

Jowi Zaza – Brabus G Wagon, other cars

Jowizaza House and car
Jowizaza House and car

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.

Dino Melaye – Lamborghini Aventador

Once a member of the House of Representatives, Dino Melaye is a politician, lawmaker and former senator of Nigeria. Serving as a senator, Dino Melaye represented the Kogi West Senatorial District under the People’s Democratic Party. Senator Dino Melaye is one of the few senators who has stirred controversy in Nigeria with his attitudes and words. He is often referred to 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.

Have 1 million naira and above to Buy or Sell Cars In Nigeria? Check carlots.ng



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The articles published by the Carmart team are a well-researched and informative collection of content contributed by the entire team of Carmart Nigeria. This content spectrum covers a wide range of topics in the automotive sector, including press releases, formal announcements, celebrity cars, new car releases, African car posts, car maintenance tips, safety tips, and much more. Carmart.ng is a blog that focuses on vehicle news in Nigeria. The blog covers a variety of topics such as car reviews, industry news, buying guides, maintenance tips, and automotive technology updates. These blogs can be a valuable resource for car enthusiasts, buyers, and anyone interested in staying up-to-date with the latest trends in the automotive world.

1 Comment

  1. Cletus Clement Reply

    I Love beautiful cars but cant afford even a gulf car!
    My hopes are high. I appreciate you for shearing.

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