Than by purchasing a brand name new European sports car. German carmaker Porsche officially opened a new car dealership on Friday in the heart of Lagos' wealthiest district, Victoria cheap nike air force 1 Island, a place with one of the world's highest concentrations of millionaires. There are currently dealerships specialising in Aston Martin and Lamborghini, but Porsche hopes to capitalise on a promise of fitflops australia providing sturdier vehicles that can cope with Nigeria's tough streets. Its existence is being noticed as a vote of confidence in the West African nation's fastgrowing economic climate. Porsche also plans to established up an operation in the capital Abuja, exactly where streets cheap nike air jordan are newly constructed a much better market for the 911 sports activities model and exactly where politicians are amongst the world's most extremely paid out. "The African continent, and in cheap nike air force one specific Nigeria, is of growing significance to us at Porsche," the firm's Middle East and Africa head George Wills said, unveiling the new 911 model. Highend items producers are more and more focusing on subSaharan Africa, as its financial growth starts to dwarf other continents and wealthy Western nations encounter a slowdown. Nigeria, Africa's 2nd greatest economic climate, grew seven.68 percent in the last quarter of 2011, one of the quickest in the world. Two of Africa's top five richest men are Nigerian. "We're fairly assured the figures will be powerful," Wills informed Reuters in entrance of the new 911 sports car, after a Porsche official revved its engine for flashing cameras. "It is difficult to place a finite quantity on it, but definitely enough to give a return on this investment," he additional. Porsche Nigeria general manager Julian Hardy estimates 200 Nigerians own Porsches the dealership fitflops clearance had been running prior to the official start because July and sold an undisclosed quantity, and wealthy Nigerians have been importing them for decades. At a celebration to celebrate Porsche's launch, Nigerians in sharp fits and cocktail dresses drank martinis and danced around the 911 display design to live music. "You can drive around Lagos . then consider your vehicle to the race track and become a beast and go wild," said Emmanuel Ngala, an IT advisor who owns a Cayenne 4x4 and is buying a 911. The firm's sales target for 2012 is one hundred vehicles, and it hopes to hit a steady revenue price of around three hundred a yr, in contrast with 800 in South Africa. Average prices presently range in between 21 million naira to 30 million naira. The oil prosperity of Africa's biggest producer has produced multimillionaires of its elite in the previous few decades, even while absolute poverty has increased to sixty % of the population. Lagos embraces some of Africa's most costly real estate alongside some of its most crowded slums. On one street, a Hummer drives previous a tramp sifting through a dustbin. The vehicle park at the Porsche display rooms has several models. "It's