Current Prices of Building Materials in Nigeria
Discover the latest prices of building materials in Nigeria and learn how to manage your construction budget effectively.
Have you ever wondered why the cost of building your dream home or property project in Nigeria seems to fluctuate so much?
In Nigeria, the construction sector is crucial for infrastructure development and economic growth. Understanding current prices of building materials is essential for both seasoned builders and newcomers who are looking to embark on construction projects. This awareness helps you ensure effective budgeting and project planning in a rapidly evolving market influenced by urbanization and government initiatives.
Why Prices of Building Materials in Nigeria Fluctuate
Before we go into details of the current prices of building materials in Nigeria, it’s important to understand the various factors that influence the changes in prices. The cost of building materials in Nigeria is influenced by several factors. Some of these factors are:
1. Economic Instability: Fluctuating exchange rates directly affect the prices of imported materials like tiles and sanitary wares. They become more expensive when the Naira depreciates against the dollar.
2. Local Production Costs: Materials like cement and roofing sheets are subject to changes in production costs due to inflation or fuel prices.
3. Seasonal Demand: The rainy season often slows down construction projects, leading to reduced demand and sometimes lower prices for certain items.
4. Cost of Transportation: Building materials need to be transported from where they are manufactured or imported to the construction site. Factors such as fuel prices, the quality of transportation infrastructure, and security concerns can significantly influence the overall cost of these materials.
5. Availability and Demand: The cost of building materials is also affected by their availability and demand. When a material is in high demand but its supply is limited, prices are likely to increase.
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Current Prices of Cement in Nigeria
Cement is a crucial component in the construction of buildings. It is the first building material that comes to mind. Below are the price ranges associated with various cement brands available in Nigeria:
- 50 kg of Dangote Cement price ranges from ₦7500 to ₦8000.
- 50 kg of BUA Cement price ranges from ₦7500 to ₦8000.
- 50 kg of Lafarge/Elephant cement price ranges from ₦7,400 to ₦8,000.
- 50 kg of Ibeto cement price ranges from ₦7,000 to ₦8,000.
- 40 kg of POP cement price ranges from ₦9,000 to ₦10,000.
Current Prices of Wood in Nigeria
There are different types of woods, and each of them serves different purposes during building and construction. Also, each of these woods has different prices, as seen below.
- Afara ¼-inch plywood price ranges from ₦ 2,000 to ₦ 2,400.
- Afara ½-inch plywood price ranges from ₦ 2,800 to ₦3,400
- Afara ¾-inch plywood price ranges from₦4,900 to ₦5,700
- Obeche ¼-inch Plywood price ranges from ₦1,500 to ₦1,900
- Obeche ½-inch Plywood price ranges from ₦2,200 to ₦3,700
- Obeche ¾-inch Plywood price ranges from ₦ 4,000 to ₦4,600
- Msgs ¼-inch Plywood price ranges from ₦1,600 to ₦2,000
- Msgs ¾-inch Plywood price ranges from ₦7,600 to ₦8,200
- Resin Coated ¼-inch Plywood price ranges from ₦2,400 to ₦2,900
- Resin Coated ½-inch Plywood price ranges from ₦2,900 to ₦3,200
- Resin Coated ¾-inch Plywood price ranges from ₦3,200 to ₦3,600
- Veneer ¼-inch Plywood price ranges from ₦2,100 to ₦2,700
- Veneer ½-inch Plywood price ranges from ₦2,600 to ₦3,100
- Veneer ¾-inch Plywood price ranges from ₦3,400 to ₦4,200
- 2×3×4 Softwood price ranges from ₦400 to ₦500
- 2×3×12 Softwood price ranges from ₦500 to ₦500
- 1×2×12 Softwood price ranges from ₦600 to ₦700
- 2×2 Hardwood price ranges from ₦800 to ₦1,000
- 2×3 Hardwood price ranges from ₦1,100 to ₦1,200
- 2×4 Hardwood price ranges from ₦1,200 to ₦1,400
- 2×5 Hardwood price ranges from ₦1,400 to ₦1,500
- 2×6 Hardwood price ranges from ₦1,500 to ₦1,700
- 3×4 Hardwood price ranges from ₦1,700 to ₦2,000
Current Prices of Windows in Nigeria
Just like woods, there are also various types of windows, ranging from sliding, casement, fixed, and louvered windows. Their prices are listed below:
1. Louvre Windows
750×750 mm louvre window cost ₦1,800
1500×1200 mm louvre window cost ₦8,000
1800×1200 mm louvre window cost ₦10,000.
2. Sliding Windows
600×600 mm aluminum-covered cost between ₦4,000 to ₦5,500
600×600 mm bronze-glazed cost between ₦7,000 to ₦8,000
600×750 mm bronze-glazed cost between ₦7,000 to ₦8,000.
3. Casement Windows
600×600 mm Aluminum-covered cost between ₦7,000 to ₦8,000
600×600 mm Bronze-glazed cost between ₦7,000 to ₦8,000
600×750 mm bronze-glazed cost between ₦9,000 to ₦10,500.
4. Fixed Windows
- 600×600 mm aluminum-covered cost between ₦3,500 to ₦5,000
- 600×600 mm bronze-glazed cost between ₦6,500 to ₦8,000
- 600×750 mm bronze-glazed costs between ₦7,000 to ₦8,000
Current Prices of Doors in Nigeria
- Domestic furniture doors ₦5,500 to ₦8,200
- Flush plywood (low-density) door ₦6,000 to ₦8,000
- Flush plywood (high-density)door ₦8,500 to ₦12,00
- Chinese (Single) door ₦10,000 to ₦20,000
- Chinese (Double) door ₦20,000 to ₦38,000
- Turkey door ₦22,000 to ₦33,000
- Imported Security (double) door ₦27,000 to ₦38,000
- Metal Security (Single) door ₦19,000 to ₦26,000
- Metal Security (Double) door N45,000 to N65,000
Current Prices of Nails in Nigeria
Nails exist in various sizes and as a result they have different uses. The sizes and prices are listed below:
- 1 pack of 3-inch concrete nails ₦800 to ₦1,200
- 1 pack of 2-inch concrete nails ₦900 to N1,500
- 1 pack of 4-inch concrete nails ₦1,500 to ₦1,700
- 1 bag of 2-inch nails ₦5,300 to ₦6,000
- 1 bag of 3-inch nails ₦5,800 to ₦6,000
- 1 bag of 2 ½-inch nails ₦6,000 to ₦6,200
- 1 bag of 1-inch nails ₦6,000 to ₦6,500
- 1 bag of 4-inch nails ₦6,200 to ₦6,500
Current Prices of Tiles in Nigeria
There are diverse kinds of floor and wall tiles. Each of have distinct attributes such as texture, size, quality, and design. Below are examples of tiles frequently found in the Nigerian market:
1. Granite tiles
- 30 × 30 ranges from ₦6,300 to ₦7,500.
- 40 x 40 ranges from ₦6,400 to ₦6,800
- 30 x 60 ranges from ₦5,700 to ₦6,000.
- 60 × 60 ranges from ₦7,700 to ₦8,000.
2. Vitrified tiles
- 300×300 pack costs ₦4000 to ₦5,000
- 450×450 pack costs ₦5,100 to ₦6500
3. Polished Porcelain tiles
- 40 x 40 costs ₦2,800 to ₦3,000
- 60 X 120 High Gloss Porcelain Slab Tiles current price ranges from ₦4,000 to ₦5,500
- 300×600 Wall Porcelain Tiles price ranges from ₦5,000 to ₦10,000
Current Prices Of Steel Rod In Nigeria
Steel rods serve as the backbone of any construction or structure. Below are the current prices of steel rods in Nigeria:
- 1 piece of 8 mm steel rod costs between ₦700 to ₦850.
- 1 piece of 16 mm steel rod costs between ₦1,500 to ₦2,000.
- 120 pieces of 16 mm steel rod cost between ₦170,000 to ₦174,000.
- 1 piece of 12 mm steel rod costs between ₦1,100 to ₦1,500.
- 76 pieces of 12 mm steel rod cost between ₦165,000 to ₦170,000.
- A length of steel rod costs between ₦1,000 to ₦1,100.
- 42 pieces of 25 mm steel rod cost between ₦180,000 to ₦185,000.
- 1 piece of 25 mm steel rod ranges between ₦4,500 to ₦4,8000.
- 20 mm steel rod costs between ₦2,600 to ₦3,000 per piece.
- 74 pieces, or one ton, priced between ₦180,000 to ₦185,000.
- 85 pieces of 10 mm steel rod cost between ₦165,000 to ₦167,000.
- 282 pieces of 8 mm steel rod cost between ₦165,000 to ₦170,000.
- 20 m of 3.5 mm BRC Mesh costs between ₦14,000 to ₦15,000.
- 20 meters of 4.0 mm BRC Mesh cost between ₦17,000 to ₦18,000
- 4.0 mm, 25 m (BRC) costs between ₦25,000 to ₦27,000.
- Flexible binding wire rolls range in price from ₦5,000 to ₦5,500.
- 10 kg bundle of flexible binding wire costs between ₦45,000 to ₦48,000.
- Stiff binding wire costs between ₦6,000 to ₦7,000 per roll.
- 10 kg of stiff-binding wire bundle costs between ₦47,000 to ₦50,000.
Current Price Of Granite In Nigeria
Granite is a widely used building material in construction. The current costs for 20 tons of granite in different sizes are as follows:
- 7 tons of 1-1/4 inch gravel freight ranges from ₦33,000 to ₦37,000.
- 20 tons of granite stone dust cost between ₦50,000 to ₦55,000.
- 20-ton shipment of ¾-inch granite costs between ₦80,000 to ₦90,000.
- 20 tons of 1-inch granite shipping costs between ₦85,000 to ₦90,000.
- 20-ton shipment of ¼-inch granite costs between ₦70,000 to ₦75,000.
- 20-ton shipment of ½-inch granite costs between ₦80,000 to ₦90,000.
Current Price Of Sands In Nigeria
The following below are the current price ranges of sharp and smooth sand in Nigeria
- One truckload of 20 tons of Sharp coarse sand costs between ₦42,000 to ₦45,000.
- one tipper of 20 tons of sharp coarse sand costs between ₦30,000 to ₦33,000.
- 20 tons of Sharp coarse sand with an average silt content cost between ₦40,000 to ₦45,000 for one tipper.
- 7 tons of extremely smooth/plaster sand is between ₦35,000 to ₦40,000.
- 7 seven tons of reasonably smooth sand is between ₦28,000 to ₦35,000.
- 7 tons of sticky smooth sand is between ₦25,000 to ₦28,000.
The Current Price Of Building Blocks In Nigeria
Every building or other structure is built on blocks. Making bricks is better than buying them. You must first ascertain the cost of labor in order to calculate the cost of molding blocks. The costs of a few blocks in Nigeria are as follows:
- The price range for 6″ hand mold blocks is ₦230 to ₦270.
- The price range for 9″ vibrating blocks is ₦270 to ₦350.
- The price range for 9″ hand mold blocks is ₦270 to ₦330.
- The price of 6″ vibrating mold blocks ranges from ₦270 to ₦300.
Current Price Of Roofing Sheets In Nigeria
The following lists the pricing of aluminum roofing sheets in Nigeria:
- 0.45 Aluminum roofing sheets range from ₦1,550 to ₦1,700.
- 0.70 Aluminum roofing sheet ranges from ₦2,400 to ₦2,600.
- 0.90 Aluminum roofing sheets range from ₦2,700 to ₦3100.
- 0.55 Aluminum roofing sheets range from ₦1,900 to ₦2,200.
Conclusion
Whether you’re building your first home or investing in a real estate project, you can certainly make every naira count. The exact prices of these building materials is also determined by specific location.