Eco Data Technologies Ltd · Economic data platform
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Industries · Construction

Construction: roads, buildings and infrastructure

Growing faster than the economy as a whole, on public infrastructure and private building. Cement output is rising with it.

Key figures

Construction in numbers

Latest official figures. Shares and growth are in real terms (2019 prices) unless marked nominal.

+6.75%Real growth, Q2 2026Above the economy-wide 4.43%
3.68%Share of real GDP, Q2 2026Seventh-largest activity
₦19.36trnNominal output, 2025Up from ₦16.29trn in 2024
+12.75%Cement, real growth, Q2 2026A leading indicator for building activity

Growth against the economy

Construction, Q2 2026+6.75%
Whole economy, Q2 2026+4.43%
Analysis

What drives the sector

Public capital spending

Federal and state road, rail and bridge projects.

Private building

Housing and commercial property, much of it self-financed.

Materials

Cement, steel and bitumen prices.

Financing

Infrastructure funds, concessions and road tax-credit schemes bring in private money.

Who is who

Regulators and main players

Federal Ministry of Works

Federal roads and bridges.

State ministries of works

State roads and urban projects.

Infrastructure Concession Regulatory Commission

Public–private partnerships.

Contractors and cement makers

Large contractors and the main cement producers.

Outlook

What to watch

We do not publish forecasts. These are the signals we follow for this sector.

Capital budget releases

How much of the capital budget is actually released and spent.

Cement prices and output

A quick read on building activity.

Major projects

Progress on flagship highways, rail lines and bridges.

PPPs

New concessions and tolling.

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