Nigeria Government Places Orders For 53 Gold-Plated iPhone 5s At $5,000 Each

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solid-gold-iphoneAccording to a new report by  The Independent the government of Nigeria has orderd 53 gold-plated iPhones going for £3,000(about $5,000) from a  Bristol-born businessman based in Dubai.

The businessman who runs Gold and Co, a firm that plates phones with Gold for its luxury clientele from royal families, governments, and rich customers from Russia, China and the Middle East,

 

The 42-year-old entrepreneur told The Independent:” Basic models in gold or rose gold cost from £3,000. Ali says he is fulfilling an order from the Nigerian government for 53 gold iPhones to mark the country’s 53rd year of independence from Britain next month.

“We will engrave them with the coat of arms, a shield and two horses,” he told the British paper.

The firm strips down the normal pieces then plates them in copper, nickel and then pure gold and has at the moment limited units ordered from different regions.  He expects a huge demand with the announcement of two new iPhones. His customers range from the Saudi Royal family, which once ordered a gold iPhone at £50,000.

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Sam Wakoba
Based in Nairobi, Kenya, Sam Wakoba is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba