In recent years, prices of building materials in Lagos have undergone a significant price increase for several reasons, higher raw materials, stringent standards, new thermal regulations. It is therefore necessary to compare prices either as a building contractor or prospective builder.
Individuals and real estate marketers, developers and investors are always in frenzy about purchasing or acquiring landed properties in choice areas within Lagos and other parts of Nigeria, this is due to the burgeoning real estate market.
The cost of building too isn’t overlooked but can be quite cumbersome when making inquiries about where to get these building materials and how their prices, now developers scrutinize fervently, building material price quotes before releasing funds.
The building material prices on this list carries the current prices from various markets where these materials are sold.
It would be worth to note that these prices are not stable but within ranges, as it is not possible for all markets to sell at exactly the same prices. With the decrease in the purchasing power of the Naira, increase in fuel prices since they use fuel in powering their boats when for transporting the sands from water to land, prices of building materials have increased, so it is advisable not to go to the market with a reasonable sum of money pending on the materials you or the contractor intends buying.
Probably you are wondering the cost of building materials in Nigeria and their prices, the answer isn’t far fetched. The target audience of this list which was carefully compiled is anyone at all who has plans to build, go into real estate as a developer, someone who has plans to begin a business by selling building materials or just any random person who feels the need to know these things. As at August 2016, the prices of building materials in Lagos and their quotations are listed below.
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Prices of Building Materials In Lagos 2016 Complete Price List
BRANDS OF CEMENT
One (1) 50kg bag of Dangote cement ==> ₦1950 – ₦2,000
One (1) 50kg bag of Elephant cement ==> ₦2100 – ₦2200
One (1)50kg bag of Ibeto cement ==> ₦2,200- ₦2,500
One (1) 50kg bag of Ashaka cement ==> ₦2,200- ₦2,500
One (1) 50kg bag of Portland cement ==> ₦2150 – ₦2,300
One (1) 50kg bag of Sokoto cement ==> ₦2,200- ₦2,500
ROOFING SHEET PRICES
1 sheet of asbestos ceiling ==> ₦170 – ₦300
1 sheet of coated M2 roofing tile==> ₦2,100 – ₦2,400
ROOFING SHEETS, LONG SPAN
1 sheet of 0.35 Aluminum roofing sheet ==> ₦760 – ₦790
1 sheet of Imported 0.35 Aluminum roofing sheet ₦840 – ₦870
1 sheet of 0.45 Aluminum roofing sheet ==> ₦1,100 – ₦1,200
1 sheet of 0.55 Aluminum roofing sheet ==> ₦1,200 – ₦1,400
BLOCKS
1 unit of vibrated 9-inch block ==> ₦130 – ₦170
1 unit of vibrated 6-inch block ==> ₦110 – ₦150
1 unit of hand moulded 9-inch block ==> ₦120 – ₦130
1 unit of hand moulded 6-inch block ==> ₦95 – ₦120
IRON RODS
Rods are used for constructing pillars, laying foundations, lintels and decking. Usually, the 25mm and 16mm iron rods are used for constructing the pillars of any building, giving it the solidity to withstand heavy loads and pressure. See prices below:
1 whole length of 25mm steel rod ==> ₦7,100 – ₦7,600
1 whole length of 20mm steel rod ==> ₦4,200 – ₦4,500
1 whole length of 16mm steel rod ==> ₦2,700 – ₦2,800 (52Pcs of 16mm Iron rod = 1 Tonne)
1 whole length of 12mm steel rod ==> ₦1,560 – ₦1,600 (93Pcs of 12mm Iron rod = 1 Tonne)
1 whole length of 10mm steel rod ==> ₦1,100 – ₦1,400 (133Pcs of 10mm iron rod = 1 Tonne)
1 whole length of 8mm steel rod ==> ₦750 – ₦850
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SAND
10 tonne load of sharp sand ==> ₦22,500 – ₦24,700
10 tonne load of plaster sand ==> ₦15,500 – ₦18,500
10 tonne load of filling sand ==> ₦7,100 – ₦9,200
CONCRETE
10 tonnes load of granite ==> ₦41,000 – ₦43,000
10 tonnes load of washed stone ==> ₦32,000 – ₦36,000
10 tonnes load of non-washed ==> ₦31,000 – ₦35,000
10 tonnes load of stone dust ==> ₦31,000 – ₦33,000
HARD WOODS
1 unit of 2 by 2 ==> ₦220 – ₦250
1 unit of 2 by 3 ==> ₦290 – ₦330
1 unit of 2 by 4 ==> ₦420 – ₦450
1 unit of 2 by 5 ==> ₦510 – ₦520
1 unit of 2 by 6 ==> ₦650 – ₦720
1 unit of 3 by 4 ==> ₦650 – ₦750
SOFT WOOD
1 unit of 2 by 4 by 12 ==> ₦250 – ₦350
1 unit of 2 by 3 by 12==> ₦190 – ₦220
1 unit of 1 by 2 by 12 ==> ₦580 – ₦650
1 unit of 18mm resin coated plywood ==> ₦6,200 – ₦8,900
WHITE PLYWOOD
1 unit of 1/8 by 8 ==> ₦800 – ₦1,100
1 unit of ¼ by 4 by 8 ==> ₦1,400 – ₦1,700
1 unit of 1/2 by 4 by 8 ==> ₦1,800 – ₦2,300
1 unit of ¾ by 4 by 8 ==> ₦2,600 – ₦2,900
VENEER PLYWOOD
1 unit of 1/8 x 4 x 8 1 ==> ₦1,400 – ₦1,800
1 unit of ¾ x 48 1 ==> ₦2,200 – ₦2,700
DOORS
1 unit of low density flush plywood door ==> ₦8,000 – ₦10,000
1 unit of high density flush plywood door ==> ₦10,500 – ₦15,500
1 unit of single metal security door ==> ₦21,000 – ₦26,000
1 unit of double metal security door ==> ₦33,000 – ₦43,000
1 unit of imported single China door ==> ₦17,000 – ₦22,000
1 unit of imported double China door ==> ₦24,000 – ₦37,000
1 unit of imported turkey ==> ₦32,000 – ₦37,000
1 unit of imported double security door ==> ₦60,000 – ₦70,000
1 unit of local furniture door ==>₦7,000 – ₦20,000
CASEMENT WINDOWS
1 unit of 2 by 2 ==> ₦10,500 – ₦12,500
1 unit of 3 by 3 ==> ₦13,500 – ₦15,500
1 unit of 4 by 4 ==> ₦17,500 – ₦19,500
1 unit of 4 by 5 ==> ₦18,500 – ₦21,500
1 unit of 4 by 6 ==> ₦20,500 – ₦23,500
SLIDING GLASS WINDOWS WITH NET
1 unit of 2 by 2 ==> ₦5,500 – ₦6,500
1 unit of 3 by 3 ==> ₦6,500 – ₦8,000
1 unit of 4 by 4 ==> ₦10,500 – ₦11,500
1 unit of 4 by 5 ==> ₦11,500 – ₦12,500
1 unit of 4 by 6 ==> ₦12,500 – ₦13,500
SPECIAL VITRIFIED TILES
1 pack of 30 by 30 ==> ₦1,450 – ₦1,650
1 pack of 40 by 40 ==> ₦1,500 – ₦1800
1 pack of 30 by 60 ==> ₦1,750 – ₦1,850
CERAMIC TILES
1 pack of 30 by 30 ==> ₦1,500 – ₦1,700
WALL TILES
1 pack of 8 by 12 ==> ₦750 – ₦800
1 pack of 25 by 40 ==> ₦1,100 – ₦1,400
CABLE WIRES
1 unit of 1.5mm ==> ₦4,500 – ₦5,400
1 unit of 2.5mm ==> ₦6,600 – ₦6,800
1 unit of 4mm ==> ₦9,200 – ₦9,700
1 unit of 6mm ==> ₦12,500 – ₦13,700
1 unit of 16mm ==> ₦33,000 – ₦37,000
To conserve money it is advisable to buy these materials in bulk quantity because it is usually cheaper and it saves one a lot of stress. The thing about starting a building project is that at first it may seem like a never ending task, running out of money and other challenges may arise. But just hang in there, at the end of the day the house/building will belong to you, after all nothing good comes easy. Congrats in advance.
NOTE: These prices are not cast in stones and are subject to change due to varying economic factors (Naira to Dollar exchange rates, fuel prices, and government policies)