Nigeria Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)

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Published: September 23, 2026 Report Code: GDCN1944MR-ST

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The construction industry in Nigeria is expected to grow by 5.6% in real terms in 2026, supported by investments in industrial, transportation and energy projects. Growth in the construction industry will also be driven by a combination of federal initiatives, public-private partnerships (PPPs), and substantial foreign direct investments (FDIs). Furthermore, Nigeria also aims to build a NGN1.5 quadrillion ($1 trillion) economy by 2030, which involves increasing the manufacturing sector’s contribution to the GDP from approximately 9% in 2024 to 25% by 2035 and the mining contribution to GDP from 5.5% to 10%, over the same period. The government is also implementing a new fiscal procedure to unlock up to NGNXX.XX trillion ($XX.XX billion) in private investments in deep offshore oil and gas projects, with the aim to boost domestic production and refining capabilities. However, over the short term, the Nigerian construction is expected to be impacted by the rising construction material costs and political uncertainty surrounding the upcoming 2027 election.

Over the remainder of the forecast period, the Nigerian construction industry is expected to grow at an average annual rate of 3.6% between 2027 and 2030, supported by public and private investment in road and rail transport projects, coupled with renewable energy investment. In June 2026, the Nigerian Federal government approved 27 road projects across 15 states. Estimated to cost approximately NGN3.9 trillion ($2.6 billion), some of the key projects approved include NGN1.8 trillion ($1.2 billion) 409km dual carriageway project in Niger State, and NGN276 billion ($183.1 million) dualization of the Ilorin-Ogbomoso Road. Investments in the energy construction sector, during the forecast period, will be driven by the government’s aim to reach 30GW of electricity capacity by 2030, with approximately 30% generated from renewable energy sources.

GlobalData’s Construction in Nigeria – Key Trends and Opportunities to 2030 (Q3 2026) report provides detailed market analysis, information, and insights into Nigeria’s construction industry, including:_x000D_
– Nigeria’s 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 Nigeria’s 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, Institutional Construction Output by Project Type (Real, $ Million), 2021–30

Figure 28: Nigeria, Institutional Construction Projects Pipeline, Value by Stage ($ Million)

Figure 29: Nigeria, Education Sector Value-add (NGN Million, 2019 Constant Prices)

Figure 30: Nigeria, Human Health and Social Services Value-add (NGN Million, 2019 Constant Prices)

Figure 31: Nigeria, Residential Construction Output by Project Type (Real, $ Million), 2021–30

Figure 32: Nigeria, Residential Construction Projects Pipeline, Value by Stage ($ Million)

Figure 33: Nigeria, Real estate Value-add (NGN Billion, 2019 Constant Prices)

Figure 34: Nigeria, Credit to the Real Estate Industry (NGN Billion)

Figure 35: Nigeria, Headquarters of Key Contractors (% of Total Project Pipeline)

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

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