Cement prices has continued to soar, in the south east and south south, prices ranged from 10,500 to 12,000 per bag, without transportation.

chelseamann:
Is there any hope of cement coming down anytime soon?

It all depends on the government. If they can tame the dollar crisis and provide the foreign currency for imports, or ramp up local production. It will reduce cement prices.

Inception:


Chief,
What would be the cost to build something like this,
Location is Ago Palace way, okota ( area is not waterlogged)

Of course, a ballpark figure consider the inflation now

Budget about N100 to 110m for such a project .

InvertedHammer:

/
How cement skyrocketed from N5700 to N10,500 within 2 weeks is very difficult to explain.

/

I still haven't recovered from the shock, and I may still be shocked some more because the cost is still rising.

After our works today, this is how the site currently look..........

michlins:
this should be nkwere right

Yes.

michlins:
you're already doing borehole already here. I think it's best to do the tank stand as well for you will save something now

The land here is challenging, I dont want to do any tank stand till I complete the foundation, then the compound levels and basement would be well established.

It's no longer news that the cost of building materials jumped by more than 40% in a single week this last week. What is now news is the position of some projects that has been agreed for construction in the building industry.

For some projects on a tight budget, work must have to stop, because the funds to add to the project to bring it to completion may not be there again. But doe some projects, there must be variations, and cost alignments. Some contractors are running away from taking up new work, just as some building materials dealers are refusing to accept deposits, or even sell their products for fear of the costs rising.

This is the best time to keep moving, buy the much you can, build the much you can afford, stop when you cannot afford to pay for materials or workmanship. Costs may rose further, of stagnate, costs may also roll downwards, especially if they find a solution for the economic problems of the country.

Keep building, we cannot afford to stop.

Updates from this site as we work today.............

michlins:
so I just heard that cement is 10k per bag now.

You really moved fast

We bought 200 bags at N8,500 yesterday. Things are not funny any more.

More.....

From the outside.............

Generator base plastering, dressing.............

Fence coping, fence plastering, electrical piping...............

Plastering, dressing, security house.........

michlins:
please oh, how do you go about preparing your quotation with this type of deviation?


From 7500 to 8500. Nothing can prepare you for this

My brother, quotation in Nigeria is no longer reliable. But we must fight to move with better speed, in that way, we minimize the damage that will come from this inflation.

Still buying more cement yesterday, N8,500 per bag, before you arrange for transportation.

We have also started working on reinforcement rods...............

More

More from the foundation blinding..........

Updates on this foundation, we have sank the column bases on the basement flat foundation, currently doing the concrete blinding...............

Akerewe:
well done engineer, how much is this plastic tank currently?

N135,000

Cement jumped from N6,000 to N7,500 within a week, Nigeria we hail thee.

omanzo02:


What type of board is the most budget friendly for pop ceiling this moment?

Everything age well these days as prices runs faster than budget🤣.

It's still the good old POP, PVC boards are also costly.

Work on this foundation has continued, we are being circumspect with the foundation plans, it seems we need to introduce a couple of columns to improve in the design plans of this building. More pictures later as we start the column base excavation today.

dongc:
Those not exposed to rain ?....still cant get those meters at my place ...they keep asking for money up and down yet no meters available.

They are exposed but that's the way the Electricity distribution company wants it, they mounted it themselves. They are trying to reduce hiding meters because of possibility of people bypassing wires if the meters are hidden or boxed.

More properties that are for sale to be posted soon, stay tuned..............

The floor, as seen from the top................

More,

More finished portions of the increte works, this work is unique, I dont think it has been dome in this design anywhere in Nigeria.............

In case you're wondering, this is not a coal mine, but we have this shale formation under the whole of Enugu city.

Our attempt to drill up water from this deep well is getting a lot of effort.............