Checkout Top 10 Rich Nigerian Public Figures Who Live In Banana Island(pics)

island, an artificial isle near Lagos in Nigeria, often called a
Billionaires Haven is a place where the most expensive and luxurious
mansions are situated. Banana island was created to attract attention to
the country, like famous islands in a shape of the palm tree in UAE.
The cost of a plot of land in Banana island in Lagos runs into hundreds of millions of naira. The properties in this island are usually sold for billions of naira. Celebritiesbusiness mogulspoliticians are known to live in Banana Island. They can afford them as their estimated net worth runs into millions of dollars.

2013, wealth and financial magazine, Forbes named Banana Island in
Lagos as the most expensive neighbourhood and place to live in
Nigeria.For many, this did not come as a surprise as Banana Island is
largely considered to be on the same level of exclusivity with Saint
Germain-des-Prés in Paris, Malibu in California, Beverly Hills in the
United States, Burj Khalifa in Dubai and the elegant Calle Serrano in

who live on Banana Island include a growing list of prominent Nigerians
and expatriates who have incredibly deep pockets and can afford to
spend millions of naira on a property. Below is a list of 9 prominent
Nigerians who live on Banana Island as well as those who own properties
on it.

1. Linda Ikeji

is Nigeria’s celebrated and most popular blogger. Her home is currently
valued at N800 million. Her home is unarguably the most talked-about
property on Banana Island owing to her status as a celebrity blogger.
Over the past few years, her net worth has been a subject of heated
debate. In 2012, her blog was worth $1.2 million. In 2015, her net worth
was estimated to be between N1.5 billion and N2 billion. Her blog
currently enjoys a daily visit of between 100,000 to 250,000 visits from
over 180 countries. She was also listed as Nigeria’s Highest Paid
Blogger by Forbes in August 2016.

2. Kola Abiola
son of the slain businessman, politician, publisher and winner of the
1993 presidential elections in Nigeria, M.K.O Abiola. Kola Abiola is one
of Nigeria’s low-key millionaires. He is largely regarded as being
socially invisible and this stems from the low profile he has maintained
over the years. His net worth has never been successfully estimated
given his extremely private life and business dealings. His presence as a
resident of Banana Island doesn’t come as a surprise. The chunk of his
wealth is believed to have been inherited from his father.

3. Iyabo Obasanjo

Iyabo Obasanjo, the daughter of Nigeria’s former President Olusegun
Obasanjo also resides on Banana Island. She was elected to the Nigerian
Senate representing Ogun Central Senatorial District of Ogun State. She
survived an assassination attempt in 2003 and is known for her political
ambition and affiliations.
4. Mike Adenuga

an entrepreneur and billionaire owner of Globacom, Nigeria’s
second-largest telecom company, Mike Adenuga is a man with luxurious
tastes. He has an estimated net worth of $4.1 billion and the figures
continue to soar. The source of his wealth has been easily traced to his
business dealing in the telecom and oil sector. His company, Globacom
has over 27 million subscribers, which makes it the second largest
telecom company in Nigeria.

5. Sayyu Dantata


Dantata is the son of Alhassan Dantata who was the wealthiest man in
Africa at the time he passed away in 1955. He is the Founder and CEO of
MRS Holdings Ltd (Formerly, MRS Group). He began his career as Director
of the Engineering and Transport Division of Dangote Group, considered
the Largest Nigerian conglomerate. Dantata serves as a Director of Hydro
Alternative Energy, Inc. and has been a Non-Executive Director of
Nigerian Telecommunications Limited since August 2008. He is a seasoned
Mechanical Engineer by training at the Morris Brown College Atlanta-
Georgia, USA and owns a property on the prestigious Banana Island. Did
you know that Dantata and Africa’s richest man, Aliko Dangote are

6. Diezani Alison-Madueke

is a Nigerian politician and the first female President of OPEC. She
owns a property on Banana Island that has been the subject of very many
controversies. She was accused of organising a diversion of $6 billion
(N1.2 trillion) from the Nigerian treasury and was arrested in London in
2015. Diezani was charged with responsibility for $20 billion missing
from the Petroleum agency. She was also accused of awarding
multi-billion Naira contracts without recourse to due process. Diezani
was, however, not officially charged or tried for these allegations and
has strongly denied any wrongdoing.

7. Bola Ahmed Tinubu

Bola Ahmed Tinubu popularly known as Jagaban is
a former Lagos State Governor (1999-2007) and astute politician. He
graduated in 1979 with a Bachelor of Science degree in Accounting and
has been said to have a net worth of N10 trillion. He has been tagged
the most successful politician in Lagos State. Tinubu owns a growing
list of properties in Lagos (over 22) and Abuja including his property
on Banana Island.

8. Aliko Dangote
billionaire, Aliko Dangote owns the Dangote Group, which has interests
in commodities. Dangote has been repeatedly listed by Forbes for his
wealth. Aliko Dangote is widely known for his staggering wealth. and was
honoured by the Federal Government of Nigeria with the title of the
Grand Commander of the Order of the Niger. Dangote was hurled into
prominence when Forbes listed him as one of the richest men in the
world. This started in 2009 and he has gone on to be named the richest
man in Africa; year after year. He also owns a property on Banana
Island, which explains his inclusion on this list.

9. Tundun Abiola


is the daughter of late Chief M.K.O Abiola. She lived in the United
States for many years before finally relocating to Nigeria. Tundun leads
a largely quiet lifestyle with the exception of rare appearances at
social events. She is a lawyer by training and had cut her teeth in the
legal profession by working at the famous FRA Williams chamber before
going on to work with Senator Gbemi Saraki as her legislative assistant.

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