Renowned entrepreneur and crypto investor B-Lord stands firm on his decision to price his bespoke iPhone XR models at ₦450,000, despite heated debates across social media platforms questioning the justification for such a premium.
In a recent address, B-Lord dismissed claims of inflated pricing, stressing that the unparalleled craftsmanship and premium quality of his customized devices fully warrant the price tag. He pointed out that rival sellers offering similar phones at ₦280,000 have yet to receive their stock from international suppliers.
B-Lord further explained that his products are readily available, tailored precisely to each buyer’s specifications, and undergo rigorous quality assurance protocols-unlike the cheaper alternatives still stuck in transit from overseas.
This statement comes amid widespread online skepticism, with many Nigerians questioning the rationale behind pricing a modified iPhone XR close to half a million naira. Nonetheless, B-Lord’s loyal clientele continue to commend the brand for its reliability and sophisticated design.
Unfazed by the backlash, B-Lord confidently maintains his pricing stance, reminding critics that “true quality demands its value.”
Incredible! B-Lord remains unwavering on his price point! Selling the customized iPhone XR for 450k while noting that a competitor charging 280k hasn’t even received their shipment from China yet! pic.twitter.com/Elp6sTv6ee
– Naijapals (@Naijapals) October 23, 2025