Real estate has become a booming business in Nigeria. It’s so lucrative that most Nigerians want to go into real estate and you can’t go into real estate without knowing the prices of Building materials.
When you hear building materials, several things come to the mind, things like cement, sand, nails, roofing sheets, windows, wood and many more. They are such essential materials that a house is not complete with the absence of one of those mentioned above.
Daily, building and other construction projects keep popping up in different part of the country. Nigerians are erecting houses, malls, stores and other structures. The government is not left out as they are into construction of bridges, schools, town halls among other projects.
Of course, building projects are impossible in the absence of building materials. And in Nigeria, these materials come at different prices, which vary across states, time and even weather.
There are many tiles in Nigeria, floor tiles as well as wall tiles. Tiles come in different textures, sizes, quality, and design. Some of them are listed below.
Granite Tiles Price in Nigeria
30 x 30 sells around ₦5, 300 – ₦5, 500
40 x 40 goes for about ₦6, 400 – ₦6, 800
The price of 30 x 60 is ₦5, 700 – ₦6, 000
The cost of 60 x 60 is ₦7, 700 – ₦8, 000
Vitrified tiles price in Nigeria
30×30 pack goes for about ₦1,000 – ₦1,400
40×40 pack sells around ₦1,100 – ₦1,500
The cost of a 30×60 pack is ₦1, 450 – ₦1, 700.
Polished Porcelain Price in Nigeria
The price of 30 x 30 is ₦2, 500 – ₦2, 800
40 x 40 goes for about ₦2, 800 – ₦3, 000
Unpolished Porcelain Price in Nigeria
The cost of 40 x 40 is ₦2, 700 – ₦3, 000
30 x 60 sells around ₦3, 400 – ₦4, 000
Ceramic tiles price in Nigeria
30 × 30 pack goes for about ₦1,300 – ₦1,500
The cost of 40 x 40 pack is ₦1, 400 – ₦1, 850
Prices of Cement In Nigeria
Cement is one of those commodities in Nigeria without a stable rate. The price keeps fluctuating, but erecting a building would be practically impossible without it. Here’s how much cement sells for currently:
The price of absorbent filling materials for the latrine is
Filling sand cost ₦20,000 – ₦22,000, black soil Filling sand sells around ₦9,000 – ₦11,000 while bubbles Filling material goes ₦12,000 – ₦14.,000(all in 10 tonnes).
Small Boulder range between ₦45,000 – ₦50, 000 but the large Boulder sells around ₦70,000 – ₦175,000(both in 15 tonnes)
Prices of Wires in Nigeria
The cost of a bundle of flexible Binding wire is around ₦5,300-₦6,000 while the 10kg roll is around ₦43,500-₦47,000
A bundle of stiff binding wire sells around ₦6,300- ₦6,800, but the 10kg roll sells around ₦47,000- ₦48,000
Factors Affecting the Cost of Building Materials in Nigeria
Some factors affect the prices of building materials in Nigerian, and these are:
Brand: Some brands come expensive than others. Brands Nigerians are familiar with, trust and with a good reputation tend to be more costly than others as people will still buy.
Location: There are some places in Nigeria where things are generally expensive. The price of cement in Ibadan will be lower than cement in Abuja, same brand, size, and content.
Time: During some particular part of the year some materials are cheaper. Like during the rainy season, Sand tends to be less expensive than during the dry season.
Import duties: Charges on importation affects the prices of some building materials especially the ones that are brought from other countries.
Power Supply: For building materials like blocks and some cement that are produced in Nigeria, they need a stable power supply, but in a situation where the power is not reliable, they will opt for a generator whose cost boils down to the final price.
Product Quality: This is also a determinant for the price of building materials. High-Quality material will be more expensive than that of less quality as the life span, and efficiency differs.
Now that you know the prices of building materials in Nigeria as well as factors affecting the prices. You can now make your estimate, get your money, and hit the market, and bring that dream structure to life.
Building materials are available across shops, stores as well as online stores in Nigeria. You can also get quality building materials from the major dealers and distributors at a lower price.