A Study On The Trends In Building Cost In Nigeria

Project and Seminar Material for Quantity Surveying QS

A Study On The Trends In Building Cost In Nigeria

Chapter One

1.0 Introduction

The dictionary definition of trends simply means “to move or extend in a specific direction” (Long Man Family Dictionary) also trends simply means “a general direction in which a situation is changing or developing” (Advance Learner’s Dictionary).

Leaning on, this definition of “trends” thus the subject matter “trends in building cost in Nigeria” can be described as a way to move or extend in a specific direction of building cost in Nigeria.

This trend in building cost is associated with the cost of erecting a building which includes the physical preparation and developmental cost.

The construction industry is very vital to the socio-economic development of a nation, this is because the affordability or otherwise of construction affect the confidence of the citizen in their existence in any nation.

One of the first and most fundamental aspect of human needs is shelter, therefore, it become necessary that the cost of constructing a given building project should be within the reach of the average citizens, (Dr. A.R Oladele 2007).

Over the years, the discovery of oil in Nigeria alongside with increasing population led to the increase in the demand for building in Nigeria.

Also the unscheduled changes of government in Nigeria lead to the formulation of policics from one government to the other which sometimes do not favour the construction industry.

These trends in building cost are caused by the following factors which include:

  1. Method of construction
  2. Limited number of manufacturers of building materials
  3. Employment of foreign expatriates
  4. Increment of wages
  5. Import tariff
  6. Fuel scarcity
  7. Bribery and corruption
  8. Second tier of foreign exchange

These reasons mentioned above are making a tremendous contribution to the increasing building cost which in turn posing a potential blockage to the chance of the less privileged ones to own a house or building and also went further to make it difficult for them to pay rent charged by the lessor on a house.

Therefore, this project is aimed at highlighting various factors that influence these trends in building cost in Nigeria. And to come up with possible solution to curtail these treads through oral interview and questionnaires with parties involved also to asses the changes within the period of ten years (10 years) (2000-2010).

1.1 Statement Of The Problems

One of the challenges faced by the construction industry in Nigeria is the fluctuation of the prices of building materials which lead to upward and downward movement of building cost in Nigeria.

Most average Nigeria citizens are of low income thereby making it difficult for them to own a building if these trends are not properly study to plan ahead of time for a given project.

1.2 Aims And Objectives Of The Study

1.2.1 Aim:

The aim of this study is to access the trends in building cost in Nigeria from (2000-2010).

1.2.2 Objectives

This project has the following objectives:

  1. To identify the behavioural pattern of building cost within a given period of time.
  2. To determine the effects of these trends as it affect the society
  3. To identify the causes of trends and how it can be controlled in the society.
  4. To make probable recommendations on where appropriate.

1.3 Significant Of The Study

To ascertain possible ways of using cost comparison of different cost of building project in Nigeria.

1.4 Scope And Limitation

This thesis is to examine a general tendency on how cost of building changes in regards to time and in relation to plant, labour and materials.

The study is limited to the comparison of the cost of a two bedroom bungalow over a period of ten years(10yrs) through updating of some major building element obtained from bill of quantities from tender rates in relation to the trends from (2000 – 2010) using the cost index method of analysis.

1.5 Methodology

The method adopted for this thesis includes: oral interviews, questionnaires and case study of two (2) bedroom bungalow.

A Study On The Trends In Building Cost In Nigeria

Project Material Download

3,000 Naira

The complete material will be sent to you in just 2 steps.

Quick & Simple…

Step One Purchase

Make payment of ₦3,000: through USSD Transfer, Bank Mobile App, ATM Transfer, or POS Transfer to:

Access Bank PlcAccount No.: 0811003731
Name: Samphina Academy
Account Type: Current

Or Click Here to pay with Debit Card

Click Here to pay with Debit Card ($15)
GHANA – Make Payment of 60 GHS to MTN MoMo, 0553978005, Douglas Osabutey 


Step Two Purchase

Send the following details through Text Message or WhatsApp Messenger | +234-8143831497

  • Payment Details 
  • Email Address 
  • A Study On The Trends In Building Cost In Nigeria

The complete material will be sent to your email address after receiving your payment information | T & C Apply

  Contact Our Help Desk

You may also like:

⚠️ Need a different topic? Perform a quick search

Get A Complete Business Plan For Any Business In Nigeria

Business Plan for Businesses in Nigeria

  Business Plans in Nigeria

A Study On The Trends In Building Cost In Nigeria


This research material “A Study On The Trends In Building Cost In Nigeria” is for research purposes and should be used as a guide in developing your research project / seminar work. For no reason should you copy word for word (verbatim) as samphina.com.ng will not be liable for any who copied the material.

The aim of providing this material is to reduce the stress of moving from one school library to another all in the name of searching for research materials. This service is legal because, all institutions permit their students to read previous projects, books, articles or papers while developing their own works. According to Austin Kleon “All creative work builds on what came before”.

samphina.com.ng is only providing this material “A Study On The Trends In Building Cost In Nigeria” as a reference for your research. The paper should be used as a guide or framework for your own paper. The contents of this paper should be able to help you in generating new ideas and thoughts for your own research. Use it as a guidance purpose only.

How to defend your research work

This is a general guide on how to defend your research work:

1. Prepare For Questions:

If you are preparing for questions that may be asked during your defense, then your answers will flow smoothly and effectively. This will prove your knowledge on the subject e.g “A Study On The Trends In Building Cost In Nigeria“, and strengthening your argument. Ask friends and family, read your work for them to listen to your presentation, and write down questions. You may be lucky the panel will ask you those you have already prepared on.

2. Strong Summary:

Summarizing your chapters will help keep your audience focused because it is easy for a mind to drift, so providing summaries will ensure your panel will follow along, even if they lose focus for a brief moment. Visual aides, such as graphs and power-point presentations can be very helpful. If you are going to use these, make sure you will practice your presentation with them.

3. Be Confident in Your Research Work:

Not knowing your topic “A Study On The Trends In Building Cost In Nigeria” inside out will cause you to struggle and ultimately fail with your defense. You need to know the subject from every angle to ensure you are fully prepared for any question that may come your way.

4. Conclusion:

Reinforce your findings to conclude your defense. The finale of your presentation should focus on proving the work that has been done. You may need to recap on what has changed and remained unchanged, if is necessary.

5 . Listen:

Before you get defensive or recite a particular answer, make sure you truly understand the question being asked. Being a good listener is an important quality, because providing an inaccurate or off-topic answer will also weaken the validity of your paper.

Samphina Academy

Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit.