Folorunsho Alakija’s Opulent $700 Million Ikoyi Residence: A Glimpse into Lagos’ Most Prominent Mansion

While Folorunsho Alakija has multiple houses in Lagos, her primary residence is located in Ikoyi. Being involved in the construction business, her name is associated with various building projects, but none of them matches the prominence of the Folorunsho Alakija house in Ikoyi.

It’s noteworthy that, according to insider information, the construction of this house incurred an astonishing cost of $700 million, surpassing the price of most celebrity houses in Lagos. A significant portion of the expenses was allocated to ensuring the entire building is bulletproof.

The renowned German construction company, Julius Berger, undertook the project. They have an impressive portfolio of constructing some of the world’s most expensive and renowned residential buildings. Adeniyi Coker Consultants Limited, known for their elegant designs and skillful utilization of natural light, is overseeing the architectural aspect of the building.

Regrettably, there are no available interior photos of the house at this time. This is partly due to the ongoing construction process and also because Mrs. Alakija prefers to maintain her privacy. However, it is evident that once completed, this house will surpass other expensive residences in Lagos in terms of both price and breathtaking aesthetics.

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