Abuja is one of the most expensive places to live in Nigeria, asides Lagos and Portharcourt. It is not also news that there are also very expensive places to live in Abuja. In this article, we are going to list 5 of the most expensive places to live in Abuja. So, stay glued as we take you on an expensive ride.
Abuja is not only known as the capital of Nigeria, but it is also notorious for being the 10th most expensive city to live in Africa and also home to some of the most expensive real estate in Nigeria. One time president of South Africa the late Nelson Rolihlahla Mandela once said this about Abuja, “Why bother to visit Europe, you’ll find it all here.” The centrally located Nigerian city was built in the 1980’s and it replaced Lagos state in 1991 as the capital of Nigeria. The city has been having a huge influx of people and this has led to its population growth with it having an unofficial population of about 3 million people.
1. Asokoro
Asokoro is one of the major districts in Abuja and it happens to be in Phase 1. Asokoro is also known as the haven for top government officials and its recognised as Abuja’s most exclusive district, it is high class and a very secured area. Asokoro houses Aso Rock, not only does it house the seat of power, it also houses the Economic Community of West African States (ECOWAS) Secretariat, National Intelligence Agency, World Health Organization (WHO) Office e.t.c. Security is taking importantly here, as you’ll find security personals everywhere. It is the most secured district in Abuja, and probably the most secure part of Nigeria.
Truth is, you most likely cannot afford to own real estate here, even if you are rich, you’ll still have to understand your level, only if you are a money tycoon carrying bags of money everywhere. Many comfortable Nigerians can’t even afford to rent an apartment not to talk about owning a land, as rent start from N3.5 million for 2 bedroom flats and that’s not also talking about the expensive shops in the area where you will most likely spend your annual salary on a single spree, A plot of land here could run into billions of naira (the price of a plot of land in Asokoro is at least one hundred million naira). This could go as high as N2 billion depending on the size, location, and purpose. Asokoro is not for everybody as you have to be insanely wealthy to live here, now you see why it is the pearl of Abuja and number one on this list.
2. Maitama
Maitama is another major district in Abuja and it is also in the Phase 1 development plan of the Federal Capital Territory. It is an area that is home to most embassies and high commissions. Maitama has a number of distinguishing places like The Dome, Independent National Electoral Commission, Nigerian Communications Commission, British Council, Transcorp Hilton and Minister’s Hill, and the major roads are Murtala Mohammed way, Shehu Shagari Way, IBB way, Agoyi Ironsi Street and Gana Street.
This area is the high end and very exclusive, as it is said to house the most expensive building in Abuja. It is a district where you’ll find the homes of crème de la crème of the society, diplomats, ministers, government functionaries, former or serving governors and their families, senators or big time contractors just be sure you won’t find your regular civil servants living here or ordinary Nigerians like me, only if you are ready to cough out N6 million for the rent of a 4 bedroom bungalow or spend N100,000 on groceries for your family at the expensive supermarkets located here, then Maitama is a good location for you to live in Abuja.
3. Garki
The Garki district is on the south-west side of Abuja and you can find the Central Bank of Nigeria buildingin this part of the city. Garki doesn’t fall into the league of Maitama and Asokoro, but you are sure to find a number of expensive supermarkets and shopping malls here, just in case you are thinking of going grocery shopping. If you consider the cost of living in Garki without comparing it to Maitama and Wuse, you’ll see it is also high for regular Nigerians.
Garki is presently the principal business district of Abuja. Numerous buildings of interest are located in this area. Some of them include the General Post Office, Abuja International Conference Centre located on Herbert Macaulay Way, Nicon Luxury Hotel, so it is a very good location to also get an office space but be ready to cough out some money.
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