🇳🇬 Nigeria · 🏗️ Construction
How an Oil Shock Affects Construction in Nigeria
Based on a simulated +20% oil price shock (from $107 to $128/barrel) using the PriceShock engine with realistic sensitivity.
Estimated Price Impact
+12.2% to +26%
Range reflects supply-chain lag, local dependency, and sector sensitivity.
Breakdown by Subcategory
- Materials: +10.4% to +29.9%
- Labour Transport: +11.6% to +27.3%
- Equipment: +12.8% to +24.7%
- Concrete: +14% to +22.1%