Billboard Advertisement Rate In Lagos & Ogun State?

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Date: May 15, 2008, 05:52 PM
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Author Topic: Billboard Advertisement Rate In Lagos & Ogun State?  (Read 1497 views)
smartkulk (m)
Billboard Advertisement Rate In Lagos & Ogun State?
« on: April 04, 2008, 10:41 AM »

I would like to have people who have ideas of how much billboard adverts cost either in Lagos or Ogun state.Please, give all details and any one I could contact.THANK YOU!
Winsome (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #1 on: April 15, 2008, 12:14 PM »

it depends on what kind of billboard you want.
standard unipole in lagos is about N9.53m , 96 sheet 4m, rooftop 5m/ bridge panel 7m,etc per face.
depending on what you want and the quality of service.
Seun (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #2 on: April 15, 2008, 12:19 PM »

9 million naira just to put up a billboard!!!  What?!!
ibkaye (f)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #3 on: April 15, 2008, 12:31 PM »

That's insane  Lips sealed Undecided
ztyle (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #4 on: April 15, 2008, 12:40 PM »

What's insane there? 9 million Naira not USD?  Cool
yicob (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #5 on: April 15, 2008, 12:52 PM »

probably seun and ztyle have forgotten the amount they will make putting such advert for million eyes to see!
Teacher200 (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #6 on: April 15, 2008, 01:19 PM »

9 million naira! for how many years?2, 3, 4, ?  Shocked
babaogun (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #7 on: April 15, 2008, 01:51 PM »

Am not trying to be controversial, but if it was less than 1million, don't you think there would be more than 1,000 naija guys that can afford to propose comfortably to their wives with a billboard.
Its a control measure as well.
NaijaEcash
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #8 on: April 15, 2008, 02:00 PM »

@all
I think babaogun has a valid point there. I believe that if it is cheap, too many people will want to advertise all sort of things. The big shots won't allow that. (for example, I would have save enough to advertise my new blog there instead of relying on Seun's benevolence via Nairaland). Just kidding  Cheesy
junegirl (f)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #9 on: April 15, 2008, 02:36 PM »

Hi all,

Please while we are at it, can someone please tell me the the cost of a building billboard i.e. advert on the side of a tall building in Abuja/Lagos
The Sly
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #10 on: April 15, 2008, 07:29 PM »

Maybe he meant 9million Ghanaian Cedis  Huh
Bcos uv gotta be kidding me with that  Sad
Scopium (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #11 on: April 16, 2008, 07:39 AM »

Quote from: babaogun on April 15, 2008, 01:51 PM
Am not trying to be controversial, but if it was less than 1million, don't you think there would be more than 1,000 naija guys that can afford to propose comfortably to their wives with a billboard.
Its a control measure as well.

You sound logical enough, I think I can buy that. . .  but 9 million . .hmmm Lips sealed Lips sealed
Winsome (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #12 on: April 16, 2008, 10:26 AM »

I said N9m for a unipole spectacular and most of you thing am lying.
well am in the industry and i know what am saying.
you can get a board for N430,000 per year depending on the size.
Unipole is the biggest billboard you will see outside.Before now unipole is about 2.5M to 5m in lagos
depending on the quality of board. But since LASAA steoed in, it has increase to about (9M)
for your information 4m of that money goes to lasaa. while 5m is for the agency.
Winsome (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #13 on: April 16, 2008, 10:28 AM »

sorry, i mean think not thing*
smartsoft (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #14 on: April 16, 2008, 03:58 PM »

Well if you need a quality and prefessional design, we can handle that for your billboard advert
showbobo (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #15 on: April 16, 2008, 05:33 PM »

Quote from: The Sly on April 15, 2008, 07:29 PM
Maybe he meant 9million Ghanaian Cedis Huh
Bcos uv gotta be kidding me with that Sad

9 million Ghanaian Cedis is 9million USD.1cedi=1USD
qla
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #16 on: April 17, 2008, 07:25 PM »

why do you think it's outrageous to put up a billboard for 9.53m.You have to be in it to know what goes on in putting up a billboard. There are other options such as the 48 sheet,lamp post and rooftop. "If you get the money you pick your choice". The local govt don't make it any easier than it gets. ;)
engineerd (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #17 on: April 18, 2008, 05:21 AM »

9 milliion naira?Huh? what the heck, that is like someones salary for a year! no be only bill-board, just use cardboard, loads of em.
Florency (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #18 on: April 18, 2008, 10:00 PM »

Our people starve while this government get richer. We should rise up now and stop this. We can all take over this country and hang Umaru and Goodluck Jonathan. Who's with me lets meet up and do it!
lucabrasi (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #19 on: April 19, 2008, 10:20 PM »

its soo expensive because nigerian businesses have not created alternatives, theres a niche in the market right there,im sure some of you guys in the business can find a cheaper alternative that will reach a lot of nigerians cheaper and make your millions
spoilt (f)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #20 on: April 20, 2008, 03:29 PM »

Quote from: babaogun on April 15, 2008, 01:51 PM
Am not trying to be controversial, but if it was less than 1million, don't you think there would be more than 1,000 naija guys that can afford to propose comfortably to their wives with a billboard.
Its a control measure as well.

Even if it cost one naira per billboard nigerian men are not romantic like that.  Grin
geeman (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #21 on: April 21, 2008, 07:29 PM »

I think most of the people making post are not familiar with outdoor advertising. I work in an ad agency n i can tell u N9 million isn't to much for a billboard. I've seen clients pay all sorts for billboards depending on the site and location (I'm talkin about N90 million for one billboard).
hilli666 (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #22 on: April 21, 2008, 09:51 PM »

Quote from: showbobo on April 16, 2008, 05:33 PM
9 million Ghanaian Cedis is 9million USD.1cedi=1USD

1 US Dollar = 10,099.0 Ghanaian Cedi

Stop misleading people, if you don't know say you don't know. DAMM
kizzy-jibz
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #23 on: April 22, 2008, 11:37 PM »

omo it is a lie o,

1 cedi = 0.98 USD
emmanuel01
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #24 on: April 23, 2008, 03:37 AM »

you can now make night and day call for free for more information please call 07032519844

thanks
emmanuel
lobinoxebe (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #25 on: April 23, 2008, 04:13 PM »

now i can see that most of the people we have here are just normal working class people(salary earner), we need real investors and business men to tell people whatz going on, How can someone complain of 9million naira for an advert.

9 million is too cheap for a standard billboard advert, some companies budgeted more than 600million naira for advert in 1 year,

The last beach party that was organised at lekki  cost over 500 million naira, so tell me, that is just a  one day show,


you better shine your eyes and see where money lies,
mazia (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #26 on: April 24, 2008, 08:34 AM »

@ Hilli666 ,
I no know where Kizzy-jibz dey get im information from. Abi the guy don shayo before im begin pound away at the keyboard. Current exchange rate between US dollar and Cedi is

1 USD = 9,267.3 Cedi

Ref: http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=GHC&submit=Convert


@Kizzy-jibz,
Can you back up your claim?? Tongue
amaikama (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #27 on: April 24, 2008, 11:34 AM »

I dey here dey look for 500,000.00 for wedding somebody dey use 9 mill for billboard wey rain go come distroy  Cry true, una dey wastful no be small.  Cry people never choop belleful and somebody dey wast money  Cry God help us to over come this wicked human odeal.  Cry
seun001 (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #28 on: April 29, 2008, 10:33 AM »

it kind of expensive.damn,doing biz in nigeria is too prohibitive.
 Undecided Huh


Quote from: kizzy-jibz on April 22, 2008, 11:37 PM
omo it is a lie o,

1 cedi = 0.98 USD

correct,
source---bank of ghana(equivalent of CBN in nigeria)
www.bog.gov.gh.

Markets - Banks Exchange Rates 
Monday 28th April 2008
 Banks-Indicative Opening Rates Banks-Transaction Opening Rates
Currency Buying Selling Buying Selling
US. Dollar 0.9745 0.9940 0.9786 0.9967
Pound Sterling 1.9286 1.9674 1.9495 1.9687
Swiss Franc 0.9403 0.9587 - -
Australian Dollar 0.9119 0.9308 - -
Canadian Dollar 0.9638 0.9824 - -
Danish Kroner 0.2038 0.2079 - -
Japanese Yen 0.0093 0.0095 - -
New Zealand Dollar 0.7630 0.7795 - -
Norwegian Kroner 0.1906 0.1941 - -
Swedish Kroner 0.1625 0.1657 - -
S/African Rand 0.1289 0.1314 - -
Euro 1.5209 1.5510 1.5425 1.5873
BCEAO 422.9300 431.3000 - -
Dalasi 21.2900 21.7200 - -
Ouguiya 194.4700 198.3600 - -
Naira 117.1400 119.4900 - -
Leone 2,991.7200 3,051.5800 - -
WAUA 0.6238 -

http://www.bog.gov.gh/index1.php?linkid=139
 
 
sbucareer (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #29 on: May 04, 2008, 01:15 AM »



N9,500000m = £40,659.760600

with exchange rate of 1 GB pound = N233


The world busiest tourist location in London will cost you just from £600 for 2 to 3 years.

£38K will probably last for 100 years.

Nigerian, you people are killing your future entrepreneurs and business minded individual. A bustling city or country must not depend on government to provide public services. Divide the distribution into three parts.

1. The local council
2. Private sector
3. Public sector (The government)

The government should help the private sector by subsidizing service like Billboard advert.

N9.5M, what a chick


seun001 (m)
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #30 on: May 05, 2008, 07:51 AM »

Quote from: sbucareer on May 04, 2008, 01:15 AM


N9,500000m = £40,659.760600

with exchange rate of 1 GB pound = N233


The world busiest tourist location in London will cost you just from £600 for 2 to 3 years.

£38K will probably last for 100 years.

Nigerian, you people are killing your future entrepreneurs and business minded individual. A bustling city or country must not depend on government to provide public services. Divide the distribution into three parts.

1. The local council
2. Private sector
3. Public sector (The government)

The government should help the private sector by subsidizing service like Billboard advert.

N9.5M, what a chick




tell them oooo!!!!make them hear.when some countries are looking for ways to reduce the cost of doing business we are justifying an increase here in naija.
Ialwaysask
Re: Billboard Advertisement Rate In Lagos & Ogun State?
« #31 on: May 12, 2008, 10:21 AM »

@sbucareer,


Where in London is £600 to openly advertise?Huh

If you're talking about central london you're looking at a figure of £20, 000/pw look up clear channel and jcdecaux these companies own most of the prime located billboards in london and the UK
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