Fabricate and erect steel storage tank shell/bottom/roof, per tonne of plate: cost per tonne in Nigeria
Net unit rate in Abuja, excluding overheads, profit and VAT
₦2,536,956per tonne
Tender rate about ₦3,386,194 per tonne with overheads, contingency, profit and VAT.
Price a BoQ with this rateAs at 15 October 2026, the net unit rate for fabricate and erect steel storage tank shell/bottom/roof, per tonne of plate is ₦2,536,956 per tonne in Abuja: ₦1,833,372 materials, ₦154,252 labour and ₦549,332 plant. With overheads (7.5%), contingency (5%), profit (10%) and VAT (7.5%) the tender rate is about ₦3,386,194 per tonne.
Rate build-up (Abuja, Oct 2026)
| Resource type | Resource | Quantity per unit | Waste | Rate | Cost |
|---|---|---|---|---|---|
| Material | Steel plate S275 for storage tanks, per tonne | 1.05 tonne | 5% | ₦1,500,000 | ₦1,653,750 |
| Material | Low-hydrogen electrode E7018, per kg | 25 kg | 10% | ₦6,532 | ₦179,622 |
| Plant (days) | Mobile crane 25t | 0.3 day | - | ₦749,240 | ₦224,772 |
| Plant (days) | Welding generator 400A (diesel) | 2 day | - | ₦162,280 | ₦324,560 |
| Labour (hours) | Welder / fabricator | 30 h | - | ₦2,948 | ₦88,425 |
| Labour (hours) | Rigger / banksman | 12 h | - | ₦2,620 | ₦31,440 |
| Labour (hours) | Unskilled labourer | 30 h | - | ₦1,146 | ₦34,388 |
| Materials | ₦1,833,372 | ||||
| Labour | ₦154,252 | ||||
| Plant | ₦549,332 | ||||
| Net unit rate per tonne | ₦2,536,956 |
Scope note: Coating, NDT and foundation excluded.
Rate by location
Materials, labour and plant are adjusted separately with Buildocrat's location factors.
| Location | Net rate per tonne | Tender rate incl. OH&P and VAT |
|---|---|---|
| Abuja (FCT) | ₦2,536,956 | ₦3,386,194 |
| Lagos | ₦2,686,765 | ₦3,586,152 |
| Port Harcourt | ₦2,719,860 | ₦3,630,325 |
| Ibadan | ₦2,386,971 | ₦3,186,001 |
| Osogbo (Osun) | ₦2,408,578 | ₦3,214,842 |
| Kano | ₦2,342,591 | ₦3,126,765 |
| Kaduna | ₦2,365,552 | ₦3,157,413 |
| Enugu | ₦2,458,452 | ₦3,281,411 |
| Benin City | ₦2,490,857 | ₦3,324,664 |
| Uyo | ₦2,585,299 | ₦3,450,720 |
| Jos | ₦2,394,872 | ₦3,196,548 |
| Riverine / creek site | ₦3,322,126 | ₦4,434,197 |
Related oil & gas rates
- O01 Line pipe 8" X52, 3LPE-coated: string, weld (100% RT), field-joint coat, lower-in and tie-in in prepared trench₦115,949 per m
- O02 Line pipe 12" X52, 3LPE-coated: string, weld (100% RT), field-joint coat, lower-in and tie-in in prepared trench₦191,124 per m
- O03 Line pipe 24" X52, 3LPE-coated: string, weld (100% RT), field-joint coat, lower-in and tie-in in prepared trench₦456,678 per m
- O04 Pipeline trench excavation 1.0m wide x 1.5m deep by excavator, spoil alongside₦4,483 per m
- O05 Backfill pipeline trench with 300mm sand padding and excavated material, compacted₦4,969 per m
- O06 Hydrostatic test, dewatering and drying of 12" pipeline₦552 per m
- O07 HDD river/road crossing for 12" X52 3LPE pipeline incl. drilling fluid₦392,688 per m
- O08 Magnesium anode 17lb installed with cable and test post share₦180,520 per unit
- O09 Install 12" ANSI 150 gate valve with 2 weld-neck flanges, gaskets and bolting₦6,506,061 per unit
- O10 Pipeline marker post set in concrete₦48,573 per unit
- O11 Underground fuel tank 33,000L installed: excavation, sand surround, concrete anchor slab₦11,079,138 per unit
- O12 Fuel dispenser installed with 6m 2" seamless product line and electrics₦12,285,101 per unit
- O13 Fuel station canopy: steel frame, aluminium roof and ACP fascia₦109,158 per m²
- O14 Abrasive blast clean to Sa2.5 and apply 3-coat epoxy system to steelwork₦38,872 per m²
- O15 Radiographic testing of pipeline weld (service, incl. film)₦35,573 per unit
- O17 Install 12" pig launcher/receiver incl. tie-in welds₦85,195,000 per unit
Frequently asked questions
How much does fabricate and erect steel storage tank shell/bottom/roof, per tonne of plate cost per tonne in Nigeria?
About ₦2,536,956 per tonne net in Abuja as at 15 October 2026, or about ₦3,386,194 per tonne as a tender rate including overheads, contingency, profit and VAT (Buildocrat Nigeria Construction Rate Book).
What is the rate in Lagos?
Applying Buildocrat's Lagos location factors, the net rate is about ₦2,686,765 per tonne and the tender rate about ₦3,586,152 per tonne.
What does the rate include?
Materials (Low-hydrogen electrode E7018, Steel plate S275 for storage tanks) with waste allowances; labour (Rigger / banksman, Unskilled labourer, Welder / fabricator) at all-in rates including feeding, transport, idle time and statutory costs; and plant (Mobile crane 25t, Welding generator 400A (diesel)) including fuel and operator. Overheads, profit and VAT are excluded from the net rate. Scope note: Coating, NDT and foundation excluded.
How to cite: Buildocrat, Nigeria Construction Rate Book, https://rates.buildocrat.store/rates/o16-fabricate-and-erect-steel-storage-tank-shell-bottom-roof/, prices as at 15 October 2026.