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Cost of building a block of 6 two-bedroom flats in Mowe / Ofada (2026)

Estimated for Mowe / Ofada, Ogun (612 m² floor area) using current material prices and local labour rates.

Standard finish
₦187,649,404
Basic ₦132.4M · Luxury ₦343.1M · ₦306,857/m²
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Cost breakdown

ElementShareCost
Foundation5.9%₦11,054,951
Structure25.5%₦47,828,348
Finishes38.2%₦71,696,495
Services15.3%₦28,737,932
External Works4.0%₦7,573,096
Prelims & Contingency11.1%₦20,758,582
Total100%₦187,649,404

Materials you'll need

MaterialApprox. quantityCost at today's prices
Cement (50kg bags)1,967 bags₦25,173,248
Sandcrete blocks (6" & 9")12,870 blocks₦11,583,432
Iron rods12.8 tonnes₦10,248,000
Sharp sand358 tonnes₦4,653,220
Granite232 tonnes₦4,637,600

Construction timeline (14 months)

PhaseMonthsCost
Site preparation1–1₦3.1M
Foundation1–3₦11.1M
Structure3–7₦41.3M
Roofing7–9₦6.5M
Services 1st fix8–9₦12.9M
Plastering & screeding9–11₦14.3M
Interior finishes10–13₦57.4M
Services 2nd fix13–14₦15.8M
External works12–14₦7.6M
Snagging & handover14–14₦17.7M
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Compare with nearby areas

Ibafo₦187.4M standardSango-Ota₦185.2M standardAbeokuta₦183.1M standard

Frequently asked questions

How much does it cost to build a block of 6 two-bedroom flats in Mowe / Ofada?

About ₦187.6M with standard finishing, ₦132.4M basic and ₦343.1M luxury (2026 prices).

How long does it take to build a block of 6 two-bedroom flats?

About 14 months with steady funding.

How many bags of cement does a block of 6 two-bedroom flats need?

Roughly 1,967 bags of 50kg cement.

Read more: Block of 6 two-bedroom flats costs across Nigeria · 12 ways to reduce building cost

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