Nigeria Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q1 2026)

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Published: March 30, 2026 Report Code: GDCN1829MR-ST

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GlobalData expects the Nigerian construction industry to expand by 3.1% in real terms in 2026, supported by increasing investments in manufacturing, mining and transport infrastructure projects, coupled with the government’s commitment to provide affordable housing. According to the National Bureau of Statistics (NBS), Nigeria’s real estate business activities, in value-added terms rose by 3.4% year-on-year (YoY) in Q4 2025, preceded by a YoY growth of 3.5% in Q3 and 3.8% in Q2 2025. Moreover, the Lagos State Government, in January 2026, announced its plan to complete approximately 14,000 housing units by the end of 2026, as part of addressing Nigeria’s housing deficit, which stood at 14.9 million housing units at the end of 2025. The industry’s growth in 2026 will also be supported by investments as part of the 2026 Budget. Some major allocations include NGN3.6 trillion ($2.4 billion) for the country’s transport projects, NGN3.5 trillion ($2.3 billion) for education infrastructure, and NGN2.5 trillion ($1.6 billion) for the healthcare sector.

Over the remainder of the forecast period, the Nigerian construction industry is expected to register an average annual growth of 3.2% from 2027 to 2030, supported by investments in transport and energy infrastructure projects, coupled with mineral processing plant and mining projects. Nigeria’s strategic shift towards industrialization by providing aggressive fiscal incentives for both mining and manufacturing sectors, will also drive investments in the industrial sector. Moreover, according to the Nigerian federal government, passenger traffic in Nigeria’s aviation sector is projected to reach 25.7 million by 2029, from 15.9 million in 2023. In line with this, the Nigerian government is heavily upgrading and modernizing its airport infrastructure. To address increasing capacity needs, several high-value initiatives are underway, such as the ongoing NGN712 billion ($472.5 million) rehabilitation of Lagos Murtala Muhammed International Airport (MMIA), which is planned for completion in 2028, and the expansion of Nnamdi Azikiwe International Airport (NAIA) in Abuja, which is expected to be completed in 2027.

GlobalData’s Construction in Nigeria – Country Briefing (H1 2026) report provides detailed market analysis, information, and insights into the Nigerian construction industry, including:_x000D_
• The Nigerian construction industry's growth prospects by market, project type and construction activity_x000D_
• Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Nigerian construction industry_x000D_
• Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Nigeria. It provides:

• Historical (2021–2025) and forecast (2026–2030) valuations of the construction industry in Nigeria, featuring details of key growth drivers.

• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector

• Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

• Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies_x000D_

Assess market growth potential at a micro-level with over 600 time-series data forecasts_x000D_

Understand the latest industry and market trends_x000D_

Formulate and validate business strategies using GlobalData's critical and actionable insight_x000D_

Assess business risks, including cost, regulatory and competitive pressures_x000D_

Evaluate competitive risk and success factors

Table of Contents

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

– Outlook

– Latest news and developments

– Construction Projects Momentum Index

4.2 Commercial Construction

– Outlook

– Project analytics

– Latest news and developments

4.3 Industrial Construction

– Outlook

– Project analytics

– Latest news and developments

4.4 Infrastructure Construction

– Outlook

– Project analytics

– Latest news and developments

4.5 Energy and Utilities Construction

– Outlook

– Project analytics

– Latest news and developments

4.6 Institutional Construction

– Outlook

– Project analytics

– Latest news and developments

4.7 Residential Construction

– Outlook

– Project analytics

– Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

7 Appendix

7.1 What is this Report About?

7.2 Definitions

7.3 CRI Methodology

About GlobalData

Contact Us

Table

Table 1: Construction Industry Key Data

Table 2: Nigeria, Key Economic Indicators

Table 3: Nigeria, Commercial Construction Output by Project Type (Real % Change), 2021–30

Table 4: Nigeria, Top Commercial Construction Projects by Value

Table 5: Nigeria, Industrial Construction Output by Project Type (Real % Change), 2021–30

Table 6: Nigeria, Top Industrial Construction Projects by Value

Table 7: Nigeria, Infrastructure Construction Output by Project Type (Real % Change), 2021–30

Table 8: Nigeria, Top Infrastructure Construction Projects by Value

Table 9: Nigeria, Energy and Utilities Construction Output by Project Type (Real % Change), 2021–30

Table 10: Nigeria, Top Energy and Utilities Construction Projects by Value

Table 11: Nigeria, Institutional Construction Output by Project Type (Real % Change), 2021–30

Table 12: Nigeria, Top Institutional Construction Projects by Value

Table 13: Nigeria, Residential Construction Output by Project Type (Real % Change), 2021–30

Table 14: Nigeria, Top Residential Construction Projects by Value

Table 15: Nigeria, Key Contractors

Table 16: Nigeria, Key Consultants

Table 17: Nigeria, Construction Output Value (Real, $ Million)

Table 18: Nigeria Construction Output Value (Nominal, NGN Billion)

Table 19: GlobalData Construction Market Definitions

Table 20: GlobalData Construction Market Definitions

Table 21: Ratings, Scores and Definitions

Figures

Figure 1: Sub-Saharan Africa, Construction Output (Real % Change), 2024–30

Figure 2: Nigeria, Construction Output by Sector (Real % Change), 2024–26 and 2027–30

Figure 3: Nigeria, Risk Summary

Figure 4: Nigeria, Risk Regional Comparison

Figure 5: Nigeria, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021–30

Figure 6: Nigeria, Construction Output Value, by Sector (Real, $ Million), 2021–30

Figure 7: Nigeria, Construction Value-add (NGN Billion, 2019 Constant Prices)

Figure 8: Nigeria, Credit to the Construction Industry (NGN Billion)

Figure 9: Nigeria, Construction Projects Momentum Index

Figure 10: Sub-Saharan Africa, Construction Projects Momentum Index

Figure 11: Nigeria, Commercial Construction Output by Project Type (Real, $ Million), 2021–30

Figure 12: Nigeria, Commercial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 13: Nigeria, Accommodation and Food Services Value-add (NGN Million, 2019 Constant Prices)

Figure 14: Nigeria, Industrial Construction Output by Project Type (Real, $ Million), 2021–30

Figure 15: Nigeria, Industrial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 16: Nigeria, Credit to the Manufacturing Industry (NGN Billion)

Figure 17: Nigeria, Cement Manufacturing Value-add (NGN Billion, 2019 Constant Prices)

Figure 18: Nigeria, Manufacturing Value-add (NGN Billion, 2019 Constant Prices)

Figure 19: Nigeria, Total Export Value (NGN Billion)

Figure 20: Nigeria, Infrastructure Construction Output by Project Type (Real, $ Million), 2021–30

Figure 21: Nigeria, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)

Figure 22: Nigeria, Credit to the Transport and Storage Industry (NGN Billion)

Figure 23: Nigeria, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021–30

Figure 24: Nigeria, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)

Figure 25: Nigeria, Telecommunications and Information Services Value-add (NGN Billion, 2019 Constant Prices)

Figure 26: Nigeria, Credit to the Oil and Gas Industry (NGN Billion)

Figure 27: Nigeria, Total oil Exports (NGN Billion)

Figure 28: Nigeria, Institutional Construction Output by Project Type (Real, $ Million), 2021–30

Figure 29: Nigeria, Institutional Construction Projects Pipeline, Value by Stage ($ Million)

Figure 30: Nigeria, Education Sector Value-add (NGN Million, 2019 Constant Prices)

Figure 31: Nigeria, Human Health and Social Services Value-add (NGN Million, 2019 Constant Prices)

Figure 32: Nigeria, Residential Construction Output by Project Type (Real, $ Million), 2021–30

Figure 33: Nigeria, Residential Construction Projects Pipeline, Value by Stage ($ Million)

Figure 34: Nigeria, Real estate Value-add (NGN Billion, 2019 Constant Prices)

Figure 35: Nigeria, Credit to the Real Estate Industry (NGN Billion)

Figure 36: Nigeria, Headquarters of Key Contractors (% of Total Project Pipeline)

Figure 37: Nigeria, Headquarters of Key Consultants (% of Total Project Pipeline)

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