The Nigeria construction market attained a value of USD 34.37 Billion in 2024 and is projected to expand at a CAGR of around 3.90% through 2034. The growth in the market is supported by heightened investments in infrastructure, for both residential, and industrial projects, as well as government policy and funding frameworks. This in turn is pushing the industry to garner a value of USD 50.39 Billion by 2034.

The Nigeria market for construction is in a transformative period, led by strategic infrastructure investments, urbanization, and public-private partnerships. This development is fuelled by massive projects like the USD 652 million road corridor linking the Lekki Deep Sea Port and Dangote Refinery to southern states.

Government efforts, such as the approval of massive funding packages and construction law reforms, are creating a favourable environment for growth, thereby boosting the growth of the Nigeria construction market. Also, the implementation of new construction methods and materials is improving efficiency and sustainability within the industry. For example, In February 2025, the government endorsed N4.2 trillion (~USD 6 billion) for multiple bridges and highways, including Lagos-Calabar Coastal Highway, built using reinforced concrete to enhance longevity. Approved under the PPP framework, this signals the nation’s shift toward sustainable construction methods and efficiency, as well as a more favourable regulatory environment that attracts private investment and improves execution standards.

In 2024, Nigeria's construction sector saw immense improvements in sustainable building. Researchers at the Federal University of Technology, Akure, came up with a new technique by adding crushed periwinkle shells to sandcrete blocks. The technique not only saves money on construction but also increases the strength of building materials, which solves both economic and environmental problems. With Nigeria still grappling with its infrastructure shortages and housing requirements, the construction industry remains central to the country's economic growth and development.

Nigeria construction equipment industry is expected to grow during the forecast period owing to the rising spending by the government and private entities on construction projects.

The Nigerien construction sands market soared to $307K in 2024, surging by 77% against the previous year. Over the period under review, consumption, however, saw a noticeable contraction. As a result, consumption attained the peak level of $5.6M. From 2014 to 2024, the growth of the market remained at a somewhat lower figure.

GDP from Construction in Nigeria increased to 778695.90 NGN Million in the fourth quarter of 2024 from 672885.38 NGN Million in the third quarter of 2024. This dataset provides the latest reported value for - Nigeria Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Africa Construction Market Report is Segmented by Sector (Residential, Commercial, Infrastructure), by Construction Type (New Construction, Renovation), by Construction Method (Conventional On-Site, Modern Methods), by Investment Source (Public, Private), and by Geography (Nigeria, South Africa, Egypt, Kenya, Ethiopia, Rest of Africa). The Market Forecasts are Provided in Terms of Value (USD).

Nigeria Construction Equipment Market, Nigeria Construction Equipment Market Size, Nigeria Construction Equipment Market Trends,
Nigeria Construction Equipment Market Forecast, Nigeria Construction Equipment Market Risks, Nigeria Construction Equipment Market Report, Nigeria Construction Equipment Market Share

In 2024, the Africa Construction Market reached $219.66 billion, and is projected to surge to $239.99 billion by 2030 due to a surge in construction projects.

The Nigeria heavy construction equipment market was valued at USD 421.67 Million in 2024 and is projected to reach USD 776.79 Million by 2034. The market is expected to grow at a CAGR of 6.30% during the forecast period 2025–2034. This growth is driven by Nigeria’s rapidly expanding population and increasing urbanization, which have created a strong demand for infrastructural development, consequently boosting the need for heavy construction equipment across the country.

Key Market Trends and Insights:

• By application, recycling and waste management is expected to witness a CAGR of 7.6% over the forecast period.
• By end-use, the infrastructure sector recorded the highest demand and is set to demonstrate the fastest growth at 7.2% CAGR.
• By machinery, earth-moving equipment, including excavators and loaders, will continue to witness high demand with ongoing infrastructure projects in the region.

Market Size & Forecast:

• Market Size in 2024: USD 421.67 Million
• Projected Market Size in 2034: USD 776.79 Million
• CAGR from 2025 to 2034: 6.30%

According to the International Trade Administration, the population in Nigeria is expected to reach 400 million by 2050. This rising number indicates the immense pressure on the existing infrastructure, which is surging the demand for urban facilities, better road networks, and affordable housing plans. With the expanding cities and emerging urban centres projects, the use of heavy construction equipment and machinery like graders, concrete mixers, and excavators is increasing, thereby propelling the Nigeria heavy construction equipment market growth.

Credible sources reveal that the Nigerian construction market is set to grow 3.2% annually through 2026m signalling the consistent need for construction equipment in the region. In addition, the 30-year National Integrated Infrastructure Master Plan initiated by the Nigerian government has set the target to boost the national infrastructure stock to 70% GDP by 2043. Such government initiatives, coupled with private investments in the construction of roads, bridges, ports, and power projects, have created huge demand for heavy machinery such as bulldozers, cranes, and excavators. Moreover, evolving public-private partnerships and equipment financing models further provide more accessibility to heavy construction equipment, in turn, impacting the Nigeria heavy construction market growth.

As of 2020, Nigeria hosted the most valuable construction project in West Africa, the Centenary City, a real estate project. Worth ** billion U.S. dollars, the project of a planned and smart city is developed in Abuja. The Dangote Refinery, under construction also in Nigeria, had the second-highest construction value, at ** billion U.S. dollars. Of the leading ten construction projects in West Africa, ***** took place in Nigeria, *** in Ghana, and *** in Guinea. Overall, the region had infrastructure and capital projects worth in total *** billion U.S. dollars.

Nigeria Data Center Market Size was valued at USD 300 Million in 2024 and is projected to reach USD 1,066.8 Million by 2032, growing at a CAGR of 17.1% from 2026 to 2032.Key Market Drivers:Increasing Internet Penetration and Mobile Adoption: Expansion of mobile broadband services and rising smartphone usage are projected to accelerate the need for localized data centers. According to the Nigerian Communications Commission (NCC), there were 163.61 million internet subscribers in Nigeria as of September 2023, representing a 48.55% penetration rate. This represents a 16.87% year-on-year increase in internet connections, resulting in a significant demand for local data processing and storage capacity.Government's Digital Transformation Initiatives: Strategic programs aimed at enhancing e-governance and ICT infrastructure are expected to promote higher demand for domestic data hosting facilities. According to Nigeria's Federal Ministry of Communications and Digital Economy, the National Digital Economy Policy and Strategy (NDEPS) aims to increase ICT's contribution to GDP from 17.83% in 2022 to 25% by 2026. The government has set aside 19.5 billion naira in the 2024 budget for digital infrastructure development, which includes funding for data center expansion.

GlobalData expects Nigeria’s construction industry to contract by 12.8% in 2020, and foresees that weak public investment, alongside limited foreign direct investment (FDI) amid the global economic downturn, will push Nigeria into a steep recession. The negative impact from the Coronavirus (COVID-19) pandemic, lockdown measures and low oil prices has already been felt across all sectors, especially in retail and real estate. Read More

The Africa Construction Chemicals Market report segments the industry into Product Type (Concrete Admixture, Surface Treatment, Repair and Rehabilitation, Protective Coatings, Industrial Flooring, Waterproofing, Adhesives, Sealants, Grouts and Anchor, and more), End-User Industry (Commercial, Industrial, Infrastructure & Public Spaces, Residential), and Geography (South Africa, Nigeria, Algeria, Morocco, and more).

Comprehensive dataset of 15 Conservatory construction contractors in Nigeria as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

In 2024, the Nigerien market for clays for construction and industrial use decreased by -10.6% to $257K for the first time since 2021, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $352K in 2016; however, from 2017 to 2024, consumption remained at a lower figure.

Nigeria Tile Adhesive Market size was valued at USD 58.72 Billion in 2024 and is projected to reach USD 101.19 Billion by 2031, growing at a CAGR of 7.04% from 2024 to 2031.

Nigeria Tile Adhesive Market Drivers

Rapid Urbanization: Nigeria's urban population is projected to grow significantly, with estimates suggesting that by 2050, over 70% of the population will reside in urban areas. This shift drives demand for housing and infrastructure development, leading to increased usage of tile adhesives in construction projects.

Growing Construction Industry: The Nigerian construction industry has seen substantial growth, with investments projected to reach approximately USD 30 billion by 2025. This growth encompasses residential, commercial, and infrastructural developments, directly boosting the demand for tile adhesives.

Increased Focus on Quality and Durability: As consumers and builders become more quality-conscious, there is a rising preference for durable and high-performance construction materials. Tile adhesives that offer superior bonding strength and moisture resistance are increasingly favored, enhancing market growth.

Government Initiatives and Investments: The Nigerian government has launched several initiatives aimed at improving the construction sector, such as the National Housing Policy, which aims to build affordable housing units. The government's investment in infrastructure projects, such as roads and railways, further stimulates the demand for tile adhesives in various applications.

Nigeria Business Confidence Index: Next 6 Months: Industry: Construction data was reported at 47.300 % Point in Feb 2025. This records an increase from the previous number of 36.200 % Point for Jan 2025. Nigeria Business Confidence Index: Next 6 Months: Industry: Construction data is updated monthly, averaging 47.350 % Point from Jul 2023 (Median) to Feb 2025, with 20 observations. The data reached an all-time high of 70.000 % Point in Sep 2023 and a record low of 22.500 % Point in Aug 2024. Nigeria Business Confidence Index: Next 6 Months: Industry: Construction data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.S003: Business Confidence Index by Sector.

Industry (including construction), value added (% of GDP) in Nigeria was reported at 29.65 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Nigeria NG: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 118.557 USD bn in 2023. This records a decrease from the previous number of 146.924 USD bn for 2022. Nigeria NG: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 61.406 USD bn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 146.924 USD bn in 2022 and a record low of 15.573 USD bn in 1989. Nigeria NG: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.

Nigeria, like many nations in the world, is embattled by a housing shortage. It has a housing deficit running to 20 million. There has been a proposition that Off-Site Construction (OSC), because of its speed of erection, can help in combating the housing shortage. however, for it to be adopted in society, some factors have to be considered. what then are these factors and which of them are most critical to successfully adopting OSC within the Nigerian context? This work is researched by utilizing prediction capabilities for OSC adoption in Nigeria. Data was collected through questionnaires from industry players within the Nigerian construction industry (Boothman et al., 2014.; Brannen & Moss, 2012). First, literature relating to OSC and its adoption was sourced through scholarly search engines like Google Scholar and Scopus (Almalki, 2016; O'Neill & Organ, 2016). The literature survey used key search words and phrases such as adoption, Design for Manufacture and Assembly, Offsite Construction and Prefab Constructions, and key authors' names. Specifically, research published on the subject between 2000 to 2021 were considered. A review of these papers informed the potential critical factors responsible for low DfMA adoption in Nigeria.

The questionnaire was developed in Microsoft form. Using a purposeful sampling technique (Palinkas et al., 2015), the form link was administered to relevant key players in the Nigerian construction industry through e-mails and social media platforms for responses. The targeted responders were architects, civil/structural engineers, electrical engineers, mechanical engineers, building engineers, town/urban planners, quantity surveyors, contractors, academics, real estate investors, and developers. They were considered because they are thought to be actively involved in everyday construction processes in the country and involved in making and taking decisions bordering around the choice of building materials to be used on projects. The research outcome identifies seven (7) best performing algorithms: Decision Tree, Random Forest, K-Nearest Neighbour, Extra-Trees, AdaBoost, Support Vector Machine, and Artificial Neural Network. It also reported finance, awareness, use of Building Information Modeling (BIM), attitude and belief in OSC as the main influencing factors. Availability of expertise knowledge, favourable exchange rate and skilled personnel as other underlining influencing factors. It was concluded that with detailed attention paid to the identified factors, OSC usage could find its footing in Nigeria and, consequently, Africa. The models can also serve as a template for other regions where OSC adoption is being considered.

The Nigerien construction equipment blade market surged to $4M in 2024, jumping by 53% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a significant increase.