Real estate has become one of the most lucrative businesses in Nigeria. This business involves building, renting, or selling houses and other kinds of buildings. One of the chief ingredients used in building houses in this part of the world is “building blocks.”
Building blocks are used in making the foundation and walls of a building. What is the price of building blocks in Nigeria? We will answer this question along with others in this post. Let’s dive straight in.
Cost of Building Blocks in Nigeria
There are different kinds of building blocks in Nigeria. The more popular blocks are the ones used in making the foundation and walls of the house. They include:
- Ordinary blocks
- Stone dust blocks
These blocks are of different sizes which are 6-inch and 9-inch. Asides from these regular blocks, some blocks are used for aesthetic purposes. We will show you the different types of aesthetic blocks in our price list.
Finding the prices of building blocks can be quite tasking. This is why we decided to check these prices on your behalf. After an extensive survey of the market, we have come up with the prices of the different kinds of building blocks. Check the list below to find out what we came up with:
Prices of regular blocks in Nigeria
- 6-inch ordinary blocks: N250 – N280
- 9-inch ordinary blocks: N280 – N300
- 6-inch stone dust blocks: N290 – N320
- 9-inch stone-dust blocks: N330 – N350
Prices of aesthetic blocks in Nigeria
There are different kinds of aesthetic blocks on the market. As their names imply, they are used to add beauty to buildings. What this means is that they offer decorative value rather than structural value. Notwithstanding, they are building blocks added to the walls of buildings. Here is a list of these blocks and their prices:
- Crystal glass block: N1,500 – N2,000
- White glass block: N1,800 – N2,200
- Parallel clear glass block: N1,400 – N1,700
- Crystal green glass block: N1,700 – N2,300
- Polystyrene foam block and sheet: N2,000 – N2,500
- Spanish block wall tile: N7,500 – N8,500
- Clay ventilation blocks: N350 – N400
Note that all these prices are per unit of each item. Also, the prices may change by the time you visit the market to make a purchase. This may be because of the market forces at the time of purchase, your location, or the vendor that you patronize.
Factors affecting the cost of building blocks in Nigeria
There are several factors affecting the prices of building blocks in Nigeria. Whether you want to construct a personal building or go into real estate, you should know about these factors. In this section, we will discuss some of the major factors that affect the cost of building blocks in Nigeria.
Cost of raw materials
To create or manufacture building blocks, you must make use of raw materials. From the list above, you must have noticed that there are different kinds of raw materials used in making building blocks. The cost of the raw material goes a long way to determine the cost of the product.
For example, the cost of ordinary blocks is determined by the cost of sand and cement. On the other hand, the cost of glass blocks is determined by the glass and other materials used in the manufacturing process. Obviously, glass is costlier than sand and cement. This is why the cost of glass blocks is higher than ordinary blocks.
The government is a key factor in determining the prices of products and services within a country. Government policies affect how much the raw materials used in the manufacture of building blocks are. How is this possible?
Here’s a quick example. If the government passes a new policy stopping the importation of glass into the country, this raw material becomes scarce. The scarcity means that there will be a hike in the price of this raw material. This will, in turn, affect the prices of glass building blocks.
The prices of blocks vary from one location to another. If you live in one of the metropolitan cities in Nigeria, you should expect to purchase these blocks at higher prices. This is because the standard of living in such locations is higher. For example, the cost of building blocks in Abuja will always be higher than it is in Akure.