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Cost of building a block of 6 two-bedroom flats in Ogbomoso (2026)

Estimated for Ogbomoso, Oyo (612 m² floor area) using current material prices and local labour rates.

Standard finish
₦181,741,550
Basic ₦127.6M · Luxury ₦333.6M · ₦297,196/m²
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Cost breakdown

ElementShareCost
Foundation5.9%₦10,692,439
Structure25.4%₦46,206,006
Finishes38.3%₦69,636,402
Services15.3%₦27,897,085
External Works3.9%₦7,129,972
Prelims & Contingency11.1%₦20,179,646
Total100%₦181,741,550

Materials you'll need

MaterialApprox. quantityCost at today's prices
Cement (50kg bags)1,962 bags₦25,115,776
Sandcrete blocks (6" & 9")12,764 blocks₦11,487,951
Iron rods12.8 tonnes₦10,248,000
Sharp sand357 tonnes₦4,646,460
Granite231 tonnes₦4,619,600

Construction timeline (14 months)

PhaseMonthsCost
Site preparation1–1₦3.0M
Foundation1–3₦10.7M
Structure3–7₦40.0M
Roofing7–9₦6.3M
Services 1st fix8–9₦12.6M
Plastering & screeding9–11₦13.9M
Interior finishes10–13₦55.7M
Services 2nd fix13–14₦15.3M
External works12–14₦7.1M
Snagging & handover14–14₦17.2M
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Compare with nearby areas

Ibadan - Bodija₦185.0M standardIbadan - Akobo₦184.3M standard

Frequently asked questions

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

About ₦181.7M with standard finishing, ₦127.6M basic and ₦333.6M 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 1,962 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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