whirlwind7: It doesn't take rocket science to figure out. Cost of running business in Nigeria is outrageously high. Same reason why many companies have been shut down: No water, no electricity.

UchihaMadara:

You see many houses like so in Lagos (Lekki, V.I, and so on), a big mansion and outside, the roads are terrible, and the gutter is open for the world to see, filled with green shh that can make you throw up your breakfast on leaving your mansion.

I just don't get how houses in Nigeria go for such high amounts, and you get nothing, no amenities, nothing!

Compare this guys neighbourhood now in Lekki:


To these neighborhoods:

Segadem: That excuse does not hold water, are they the only one that generates power for themselves? It is everybody's problem, once u are living in Nigeria u get to generate your power,your water, your security and so on!

I fuelled my generator everyday, I pay for the water, and I pay #800 for vigilante every month.


So your excuse is peculiar to everyone living in this country.

Pls answer these question:
Are u buying generator everyday to power d hotel?

Are u drilling bore holes everyday to keep the water flowing?
If ur answer is No,then it's common to everyone.

Blockus:


You Only Live Once.


Treat yourself to some luxury from time to time.

CityNG:

Unfortunately I wouldn't take an out of towner who I invite to lunch/diner to a place that serves half and half with 3 items for $10.00

Why drive to CT when I can just pull in to "Wok For Food" locally?

t2luv1:


And those houses goes for 1/4th of the cost it takes just to buy a plot of (120X60) in Lekki. Only in Nigeria !!!!. I always wonder how people are able to justify spending such a huge amount just to buy a land with no amenities.

sirjohnson: I dont believe this

Naigerian: Simply put. Money has no value in Nigeria.

I get 50% discount in southern sun ikoyi because of my work. Paying like 32k+ naira. I get a hotel in Vegas strip for less than $150 per night.

You go put with friends to the club and end up paying a bill if 300k naira upwards. And in Vegas it's a whole lot less for a more enjoyable time out with friends.

In johannesburg, meat of 70Rands (about a thousand naira) will make 3 decent meals. You can't try that in Nigeria.

The cost of buying a land in Maitama Abuja is way more than the cost of buying a 30 bedroom mansion in the US. Yet after spending the money, the satisfaction is a little less than misery.

UchihaMadara:

Exactly, check out a typical Holiday Inn interior:



This room usually goes for around $70 and you get fresh towels, fresh sheets, high water pressure in shower, clean water....

Though there are some hotels on the island that go for around 15K but truth be told, they are more the equivalent of Motels (Motel 6 comes to mind).

I remember walking into Radisson Blue and asking for the cost per night, and the guy just looked at me with one kind eye like this then said, "NGN65,000", omo I busted a u-ey ASAP! I haven't reached that level yet, maybe one day, but still it would be nice to find quality hotels fitting different socioeconomic classes, with great services.

On a side note: Has anyone noticed that chinese food is very expensive in Nigeria? Chinese food is suppose to be on the cheap side na!

InvertedHammer:

/
Day to day living bro.

Not every day that you go for official dinner. That's why there is something called take out. You don't have to eat there.

Thai food is about the same price but in a serene environment.

Good food is good food unless you wan form or out just to impress.



\

royalblood21:
Cos u live in Osun...

InvertedHammer:

/
Day to day living bro.

Not every day that you go for official dinner. That's why there is something called take out. You don't have to eat there.

Thai food is about the same price but in a serene environment.

Good food is good food unless you wan form or out just to impress.



\

CityNG:

A non sequitur. I don't form or impress and I just do me.

We got here because it said that Chinese food is supposed to be cheap.

Yes the slop at local joints are cheap but not from a sit down authentic place.

manny4life:

What would you recommend is a good food?

aholiab: GOD help us

Okijajuju1: I agree..


Spent 10 nights in Four Points by Sheraton last Christmas... Nna MEN!!!! I nearly break-up with my wife that Christmas when I see the debit alert.

Yungwizzzy: shey The sleep for these expensive hotels dey different??

No jokes, e different.



When you sef wake up, your body go tell you.

Kagawa: According to a story on the guardian newspaper of last week, despite the high number of hotels in Lagos metropolis, it remains the city with highest charges on hotel accommodation in Africa. The Lagos state hotel licensing office cites that there are about 2,500 registered hotels in the state. Now the guardian newspaper’s research finds out that five star hotels with branches in other African countries like Johannesburg, South Africa, Kenya, Nairobi, Maputo, Zambia, Lusaka, Da es Salam, Tanzania, Mauritius, charge very much higher room rates in Lagos compared to their other African cities counterparts.

It may shock you, but the price difference at times is at 1,48%. Guardian further explains that the standard room for Southern Sun Ikoyi, Lagos costs ₦62,000 but in Johannesburg South Africa, the same room costs ₦25,000. In Sheraton Hotel Pretoria, South Africa, a diplomatic suit with a king size bed costs ₦149,000/night but the same in Lagos, Nigeria goes for ₦248,000 with a difference in 65 per cent.

Why do these hotels cost so much? A hotel sales and marketing manager says this is because many visitors prefer branded hotels, especially the ones their companies are associated with. He also says the prices are hiked since demand is higher than supply in peak periods hence that the market forces are to be blamed.

There is also an argument that the more expensive the hotel room is, the more standard their services would be and many travelers love standard. Now another factor is cost of operation, many hotel owners say this is the chief reason for the hotel rooms exorbitant prices. as the cost incurred in running a hospitality business in Nigeria is horribly high because of inefficient availability of basic amenities like power, water, as most of these hotels now provide their own power in form of diesel generators and of course dig their own wells.

More so, these hotel owners invest huge amounts of money in security which the government is presently failing to do and thus this further catapults the hotel rates. Many of these other African countries do not have the aforementioned problems. Presently Nigeria can only supply 4,000Mw, but that of South Africa is 45,700Mw. There is also the problem of multiple taxes and other charges like signboard fees, liquor license, tenement rate, water, electricity and parking bill.

Although it said that the labor costs in Nigeria is relatively cheap compared to that of other African countries, employee costs is also held as another reason for the exorbitant hotel room rates in Lagos.

see more: - http://thebusinessaim.com.ng/lagos-city-hotel-rates-are-the-highest-in-africa/

charony: Just being extravagant.....

100Cents:

So which country has the highest cost of cement ?

Yungwizzzy: shey The sleep for these expensive hotels dey different??

Naigerian: Simply put. Money has no value in Nigeria.

I get 50% discount in southern sun ikoyi because of my work. Paying like 32k+ naira. I get a hotel in Vegas strip for less than $150 per night.

You go put with friends to the club and end up paying a bill if 300k naira upwards. And in Vegas it's a whole lot less for a more enjoyable time out with friends.

In johannesburg, meat of 70Rands (about a thousand naira) will make 3 decent meals. You can't try that in Nigeria.

The cost of buying a land in Maitama Abuja is way more than the cost of buying a 30 bedroom mansion in the US. Yet after spending the money, the satisfaction is a little less than misery.

piagetskinner:
I tire oo