February 20, 2015

One of the most expensive buildings in Abuja Nigeria.

One could tell that the material for erecting such a building was solely imported and its design also inspired by foreign buildings, just as Alhaji Aliyu Abubakar admitted in an online interview sometime ago, retrieved from nairaland.com.

According to the chairman of AA Oil Limited, he said he acquired the plot of land where the structure is erected in 2005 from a native of Zamfara state at a cost of N1 billion.

The interview further revealed that Aliyu, who trained as a building technologist before venturing into the oil business, said that he financed the building from his personal savings, as he did not obtain a mortgage from any bank.

“This building belongs to me. I bought the land occupying this building around 2005 from one man from Zamfara State. I bought it for N1billion because of the location. Thereafter, a thought came to me. By the way, I am a builder. I specialise in building houses of model quality. Any house I build is usually very special.”

“The whole idea about that is just for everyone to know that it is very possible to replicate the type of things we see overseas in Nigeria. So, I resolved that since I had the opportunity of acquiring this land, I would put up a structure that would be equal to none in the entire city and maybe the country.” He said.

If the purchase of land could be worth as much as a billion naira, one could only imagine how much it would cost to put up such a magnificent edifice on it. Certainly billions of Naira.

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