₦airaland Forum

Jasobry:
Is plasterboard same as gypsum board?

DancingSkeleton:
@N3xt please what’s the alternative to using POP? I’m really fed up with pop

spyder880:
Yes Sir, just reserve my own Government allocated house o

How you dey bro?

spyder880:
About the increasing cost of building materials.

There will always be some kind of economic fluctuation in every economy, be it in the form of inflation, deflation or negative economic climate, something must be an unpredictable variable that can either make or mar building projects. In Nigeria, its the inflation trend which has made planning difficult, if not impossible.

My approach to all these is to keep doing what you're doing, irrespective of current fluctuations or future projections. Prices may rise and fall, but I always target to average the cost down as we move along.

So if cement sells for N2,300, I will be building, if it rises to N2,900, I will keep building because I dont know if its heading to N10,000! Delays in construction could cost you more, the authorities dont care about this and even when they look into this, it will be with a punitive insight to tax builders and home owners more since "they still have plenty money to build" in this harsh economy.

The benefits of averaging up or down is much, because your project won't stop, except if money finishes. I started building my own houses when cement was N520 in this country, I am still building at N4,000 cement and will continue at N10,000 cement. The good thing is that those properties are increasing in value.

So, get out there and do the ones you can do, irrespective of what is going up or down, exhaust your building budget first before talking about inflation, and if the prices crash, you will still be here and you will still make more money to buy cheaper and continue. The risks of waiting is just too much.


Happy weekend everyone, especially to my Oga and mentor, Hajj Mufutau, for the holidays goodies you sent to me and my family, God will continue to enlarge your coast, and fill you with good health, long life, and too much prosperity. Thank you once again Sir.

yinkaoke:
Thanks but we v already dug d space with d sand used

omanzo02:
Some projects will continue because some already have their plans set out, I for example already intended finishing the current phase I am before end of 2020, to move to the next phase from January 2021, so staying focused is not betrayal and protest suspension of project will make little or no changes to the situation....it will only get better when constituted authorities goes hunting them down.

yinkaoke:
Very costly also the wiring finish l have to just reduce alot of things like wall brack and some sockets.
We r so extravagant in this world imagine you have pop spot light, rope light wall bracket habah!

Please l need more ideals to manage this area in terms of cost so as to deliver this project

God bless u as u help me

yinkaoke:
Thanks all for all the advise so far
Now done with tiles n fixing windows. Please what's the next step or order of the below
Borehole
Wiring fittings
Soak away
Plumbing that is Pwc fixing shower n external flow pipe to the soakaway
Painting
Land scapping
Omo still a tall order oh meanwhile the soakaway building quotes scares me. It's just like l want to do foundation. Very costly also the wiring finish l have to just reduce alot of things like wall brack and some sockets.
We r so extravagant in this world imagine you have pop spot light, rope light wall bracket habah!

Please l need more ideas to manage this area in terms of cost so as to deliver this project

God bless u as u help me

davodyguy:
Another bad news on where we're heading.

100% price increase. Like POP cement price moving from ₦5,000 to ₦9500

omanzo02:
Inform the client the changes in the market and advice him to check or investigate your statements/claim independently, it's not the builders fault price hike or inflation took place.
When my engineer tried to advice me to stock for my work @ ₦3000 per bag, I played deaf.....I later bought for ₦4100, am I going to blame him? NO!

kopell:
Excision in process is their selling point, to get you hooked. Many of those in process could be 10 years on more guys shine your eyes. I personally have one of those in process case for 8 years now we get stuck waiting for publication never happened till date, imagine getting that far in the process.

Takoro13:
Can you see what I mean. This government! I reserve my comment

davodyguy:
It's just annoying.

Budget ₦10 for a project.

Start the project and spend ₦50 without still completing the project.

That is NIGERIA

Jasobry:
I was told today by a cement distributor that the current price of cement is caused by them(major distributor) and that the cabals want them to maximise profit for now. He said the government wont interfere because they are involved.

somehow:
Any Govt scheme you know of in Ibeju or Lagos in general?

somehow:
Anything I should know about companies like Revolutionplus, Ayhomes, Gracias group and Adron homes? These are the ones I have been in contact with for now.

rajput4real93:
My brother, don't fall victim to those ibeju lekki estate companies. Most of them aren't real. Why not go to ikorodu axis? With a budget of 3-4million naira, you can get a dry land in a fairly developed area

coldcandy:
The difference btw the quotations is not much. But the difference in quality can be huge. I pay for jobs by careful balancing of quality, cost and reliability. Some low quotations can actually be the most costly.

Pls give us the breakdown of the charges per size of the windows.

Rexology:
Makurdi N2,800-3,000

Takoro13:
No way one can see #3000-3100 cement here in osun state. The last price I got was 3700 per bag. How much is my salary

Takoro13:
How do you think this is the best answer to that question? The listed allocations are limited to some areas. Remember the hike in price is not limited to that area alone.

I stop my project bcs of the dramatic increase in price of building materials

Where are we going in this country. Bad or no policy is the father of this problem

Peace!

Cindino20:
At this rate how will civil servants afford decent home with their salary?

gurunlocker:
Yes, I know it's Nigerian tiles.... BA? ROYAL? GW?

gurunlocker:
What brand of tiles is this please?

omanzo02:
I didn't notice it's work in progress....I thought you were just showcasing one of your firm past work and craft in the trade as usual, my bad.

EgunMogaji2:
Two tank stand was N105,000 using full length pipe. But I’m in ordinary Ibadan

Cindino20:
but these prices will be adjusted for the next round to take into account the new cost of materials..we re seeing more than 50% price increase in building materials (more for some items e.g. pop cement) and this will invariably lead to price increase even in subsidised housing. We re nt seeing an equivalent increase in salary or earning power of Nigerians...

Larry1960:
But from your previous experience using 2 boards someone is saying 6million

EgunMogaji2:
Thanks for all these sharing that you're sharing this morning

That's similar to my plan.