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Nairaland Forum / Nairaland / General / Properties / General Topic Thread-To Discuss Anything And Everything in Building Construction (4680212 Views)
Discuss Anything Property And Lets Make Money In The Process / Residential Building Construction Mistakes In Nigeria You Need To Avoid / General Topic Thread - The Roforofo Thread Of Construction Activities (2) (3) (4)
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by donAlvan: 8:14am On Feb 03 |
adamma24: Nigerians? so he won't talk as him sabi?because the account is a new account abi? Some mothers gave birth to foul spirited beings. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by adamma24: 8:24am On Feb 03 |
donAlvan: Watin this one dey talk about....english no be ur mate...broken English gan no still be ur mate... 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by topsy23: 10:22am On Feb 03 |
The ongoing economic challenges have led to a daily increase in material prices. This is really affecting majority of contractors. Giving a quotation now is somehow you may not know tomorrow's price. Coleman increase price twice in January(24th and 31st) and this increment does not come with any notice. Heard again that in the coming days there might price changes again. Really affecting a lot of business. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by saydfact(m): 10:26am On Feb 03 |
Itzkingtimmy: After Tiling is the perfect time for all Internal doors. And after German Floor for external steel doors (because of security) Goodluck 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kkonsults: 10:59am On Feb 03 |
Contact us for Your Architectural Design and Construction Services
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Rany4all(m): 11:32am On Feb 03 |
hamtabfawaz:True for wooden doors...Not so true for steel or aluminum doors. 2 Likes 1 Share |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Rany4all(m): 11:37am On Feb 03 |
saydfact:You might be wrongly presuming that all internal doors must be wooden. Many still do steel for internal doors...not to talk of the very popular aluminum bathroom doors. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by michlins(m): 12:24pm On Feb 03 |
topsy23:this is nothing compared to what I experience daily. On Thursday, I bought a tin of body filler for 30k, yesterday which was Friday, I bought 32k in the morning and 35k in the evening 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by erico2k2(m): 12:45pm On Feb 03 |
hamtabfawaz:Ok thanks, how do you mean by upgrade? 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by hamtabfawaz(m): 2:30pm On Feb 03 |
erico2k2: Prepaid meters are now been linked to your NIN. After linking has been done successfully, on your next recharge you would generate two set of 20digits unique token : KCT1 and KCT 2 to input into your prepaid Meter before using a recharge token simultaneously. 3 Likes 1 Share |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 2:42pm On Feb 03 |
michlins:Not so funny thing is that the increase can't be continually passed on to the client at the same rate. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by erico2k2(m): 5:16pm On Feb 03 |
hamtabfawaz:Oh I see now you meant activate, I did that few days ago it was headache, I have a three phase Metre and I had to imput 5 sets of 20 numbers so 100 numbers in all, was mega headache, But its all done now 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by erico2k2(m): 5:17pm On Feb 03 |
Guys if you can buy Cement this evening better go and buy as much as you need cos its going up on Monday, I just bought 20 bags @ N6200, some already selling the Monday price N6700.We don die for Nigeria 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 6:23pm On Feb 03 |
I don't mean to cause panic but whoever needs to get something done should do it quick. There is drastic increase in prices of materials already today with some hoarding in further anticipation of price increase. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by sonnie10: 6:49pm On Feb 03 |
gbadexy: Last year or so, with $1000, you would only buy 100 bags of cement at #4500. But today, with the same $1000, you get more than 200 bags at #6500. Is there something I don’t understand? 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 6:56pm On Feb 03 |
sonnie10:You got me scratching my head sir. I think last year the value is about a million while it is around 1.5 million today. I think it's nero2424 that once told me that the increase in price of materials in Nigeria doesn't bother diasporas. The dollar is not going anywhere, it's the naira that is bolting. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 6:59pm On Feb 03 |
@ folmus, I pray you are right.
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Badgers14: 7:09pm On Feb 03 |
gbadexy: Exactly, for diasporans.. as bad as it sound.. now is the time to build . 2019/2020 to build 6 flats of 3 bdrm from foundation to finishing is 38-45m at exchange rate 356 - 367 = $122,615 ( 367 /$1). This year to erect similar project would cost about 80 - 92m at 1,525 per $1 would give us....wait for it.. wait for it... $63,000. Half the cost!!! But the problem is that the money is trapped in Nigeria, when you want to wire the money back to abroad na when you will be crying wah wah ![]() ![]() |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 7:21pm On Feb 03 |
Badgers14:No western union money transfer outside Nigeria ![]() |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Badgers14: 7:26pm On Feb 03 |
gbadexy: Although there are alternatives... say you do transfer for others that need it. The pesin would want you to transfer at bdc rate of 1525.. say man got 3m in rent and want to use it for one or two at base.. 3m would give ya $1,967 (@1525/$1).. that's is not even enough to pay one month rent for many people . Compared to 367/$1 that would fetch $8,174 (for 3m) 3 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 7:54pm On Feb 03 |
Badgers14:Rent was probably lower in naira at N367 also but it would still give much higher equivalent in dollars. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Badgers14: 8:11pm On Feb 03 |
gbadexy: Well not by much in average though.. I don't know if this is an outlier but the actual building I used in my calculations here.. rent was 700k/yr in 2020 and the rent is still same in 2024. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by hamtabfawaz(m): 8:33pm On Feb 03 |
Rany4all: You're right on the bolded for Aluminum most especially, I think it could go either way for steel tho. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by topsy23: 8:36pm On Feb 03 |
erico2k2: Some people are selling 7000 already |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 8:38pm On Feb 03 |
Badgers14:Oh ok sir. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by rotecch77(m): 8:47pm On Feb 03 |
Only few project I charged with materials this days. My health is important to me and to my family and the loves ones. In buna boy voice “ u go explain explain tired no evidence”
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by michlins(m): 8:59pm On Feb 03 |
gbadexy:there's so much adjustment a client can take. He or she is also dealing with same fluctuations in his or her own business. To mitigate this issue, client needs to pay at least 80% of the contract sum. And this is where it gets difficult cause not everyone can afford it |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by michlins(m): 9:00pm On Feb 03 |
erico2k2:for days now, it has been 6700 here in Nnewi |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kiekie1(m): 9:01pm On Feb 03 |
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by gbadexy(m): 9:03pm On Feb 03 |
michlins:True but this is assuming payment was made within a short period prices was quoted for. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by michlins(m): 9:04pm On Feb 03 |
Badgers14:so like this, which way biko cause it's like an looped circuit with no exit |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by michlins(m): 9:06pm On Feb 03 |
gbadexy:I made a quotation in the morning and the client said he will pay by evening. That afternoon, there was 1k increase in the cost of one of the materials. Calculate the quantity I need. So how do you discuss it with the client without sounding stupid and ignorant of your trade. I just swallowed the losses from my end and took up the job |
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