Construction Cost Intelligence: The Nigerian Developer's Complete Guide to Managing Project Finances

Every year, Nigerian developers lose millions to construction costs they never saw coming. This book shows you exactly where the money goes - and how to stop it.

One developer recovered ₦48.75 million in additional profit on a single ₦650 million contract after applying proper cost management. Another was overpaying his contractor by ₦17 million per interim valuation - without knowing it. These are not hypothetical stories. They are what happens on Nigerian projects with and without cost intelligence.

Written by a Fellow of the Nigerian Institute of Quantity Surveyors with 23 years of pricing and delivering infrastructure across Lagos and Nigeria, this is the first complete guide written specifically for the Nigerian developer - current July 2026 market prices, Nigerian contract forms, Nigerian case studies, naira figures throughout.

Inside the book:

• The complete development budget - all seven cost categories, including the ones that silently add 30-50% to your construction figure
• Current verified market benchmarks: materials, cost per square metre, professional fees (July 2026)
• The contract clauses that protect you - with sample wording for payment terms, variations, and retention
• How Interim Payment Certificates really work, and how independent measurement catches inflated claims
• BOQ manipulation tactics - front-loading, unbalanced rates - and how to detect them
• Six ready-to-use templates: budget framework, BOQ structure, payment tracker, and more
• A full glossary of Nigerian construction cost terms

Who this is for: property developers planning or executing projects in Nigeria; contractors who want to understand how their work is measured and certified; project managers and site engineers handling cost control; anyone who has watched a project run over budget and wondered why.

About the author: Olugbenga Oyebola FNIQS, RQS is a Fellow of the Nigerian Institute of Quantity Surveyors and Head of Works & Infrastructure at a Lagos State Local Council Development Area, with over 23 years of hands-on experience across public and private sector projects.

Registered with the Nigerian Copyright Commission, Reg. No. LW16626.

23 years of Nigerian construction cost intelligence - in one essential guide.