1. Banana Island in Lagos (Lagos State) – 450
million naira ($2.81 million)
A man-made island in the Lagos Lagoon,
Banana Island is slightly curved in shape –
like a banana. It has one of Nigeria’s highest
densities of millionaires within its
boundaries, VenturesAfrica reports.
A three-bedroom apartment typically sells for
$625,000 on Banana Island and a five-bedroom
house can cost $2.81 million. Due to the cost
of property, rentals are popular here. Rent for
a three-bedroom apartment can go as high
as $63,000 per year.
Banana Island residents include billionaire
Mike Adenuga, chairman of Globacom; and
Iyabo Obasanjo, daughter of a former Nigerian
president.
Other notable island residents include
offspring of famous Nigerians including Kola
Abiola, son of the popular late
businessman Moshood Kashimawo
Olawale “MKO” Abiola; and Saayu Dantata,
son of the late Alhassan Dantata, a Northern
Nigerian kola nut seller and considered the
wealthiest man in West Africa at the time of
his death in 1955.


2. Maitama in Abuja (Federal Capital) –
430 million naira /$2,687,500
An area occupied by embassies and high
commissions, Maitama ranks No. 2 on this
list. Property here can cost $2.7 million or
more.

3. Asokoro in Abuja (Federal Capital) –
418 million naira/$2,612,500
One of the major districts in Abuja, Asokoro is
an upscale area. It is home to the Nigerian
Presidential Complex aka State House;
Aso Rock (a 400-meter rock monolith and the
city’s most noticeable feature); the Economic
Community of West African States, (ECOWAS),
National Intelligence Agency and the World
Health Organization (WHO) office. Residential
property is expensive here.


4. Jabi in Abuja (Federal Capital) – 400 million
naira/$2,500,000
Nigeria’s capital city comes in at No. 4 with
property at Jabi costing at least $2.5
million. Many Nigerian politicians have homes
in this area.


5. Nicon Town in Lekki (Lagos State) –
320 million naira/$2,000,000
Nicon Town in Lekki is one of the emerging
real estate markets in Lagos, with property
costing more than $2 million.

6. Ikeja GRA, in Ikeja (Lagos State) –
250 million naira/$1,562,500
Ikeja GRA is an integral part of the suburb of
Ikeja. The GRA, or government reservation
area, was created during the colonial period
as a high-end residential area. Many wealthy
Nigerians who want the quiet life choose this
area and don’t mind paying $1.5 million or
more to get it. You’d find several expats here
to, VenturesAfrica reports.



7. GRA Phase 2 in Port Harcourt (Rivers State)
– 145 million naira/$906,250
Port Harcourt is home to many expatriates,
many of whom work for oil companies in this
oil-rich city. Other buyers here include
wealthy individuals who want to keep their
money locally.

8. Lekki Scheme I, Lekki (Lagos State) –
140 million naira/$875,000
The island of Lekki has been home to some of
the most expensive property in Lagos, but
demand for more luxury has pushed it down
to No. 8 on this list, the report said. You can
buy property for $875,000 in Lekki.


9. Alalubosa GRA in Ibadan (Oyo State) –
100 million naira/$625,000
Ibadan, widely regarded as one of the largest city in Africa, is home to one of the most expensive neighborhood in the country.
the neighbourhood is filled with top notch facilities and the streets are well tarred with street lightening.


10. Ibara in Abeokuta (Ogun State) –
80 million naira/$500,000
High prices are forcing many out of the Lagos
real estate market,
VenturesAfrica reports. Abeokuta’s real estate
market is growing fast as people look to
outlying locations outside Lagos.

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CC : Lalasticlala

Nice info. Baba God pick up emi na fe gbe ni banana island...