Construction Equipment Renting and Leasing in Nigeria; The Opportunities.

While the world is still struggling to emerge from the global economic collapse, Nigeria’s construction industry is growing fast and is likely to grow astronomically over the next decade, according to forecasts made in a June 2010 report by Global Construction Perspectives and Oxford Economics.

GDP From Construction in Nigeria increased to 660920.64 NGN Million in the first quarter of 2017 from 623349.23 NGN Million in the fourth quarter of 2016. GDP From Construction in Nigeria averaged 554520.61 NGN Million from 2010 until 2017, reaching an all-time high of 740204.22 NGN Million in the second quarter of 2015 and a record low of 369190.91 NGN Million in the third quarter of 2010.

Estimates suggest that current growth in the construction industry is greater than that of India. Indeed, report found that Nigeria’s population of approximately one hundred and seventy-five (175,000,000) million is urbanizing at one of the fastest rates in the world, but construction is now only 3.2 per cent of the Gross Domestic Product.

In the face of increasing competition and lean resource available to a company, executives have had to contract part of their operations and responsibilities to third party agent who carry out such functions for a fee that is usually cost effective compared to when the company provides it on its own thereby helping to conserve resource without comprising on quality.

Nigeria being a developing country requires massive infrastructural development in term of road, earth dam, parks, canal channelization and drain. Lagos and other state are trying to improve its capacity for service delivery to its populace, where new construction sites are springing up daily; these sites engage professional leasing company to execute the strategic plans in land preparation such as bush clearing, levelling, excavating, construction works and sand filling.

Earth moving equipment’s such as Bulldozer, Excavator, Pay-loader, Roller, Grader and Low-bed (carrier) are used daily at enormous cost associated with the industry for this project. Specialized company such as Julius Berger, PW, OGORMA and Hi-tech are fully engaged and overstretched in terms of equipment capacity. They also sublet contract to equipment vendor to execute on their behalf and pay upfront.

Some of the equipment that can be leased includes

Bulldozer

Excavator

Payloader

Grader

Leasing advantages include: making lower monthly payments than you’d have with a loan, getting a fixed financing rate instead of a floating rate, benefiting from tax advantages, conserving working capital and avoiding cash-devouring down payments, and gaining immediate access to the most up-to-date business tools. The equipment also shows up on your income statement as a lease expense rather than a purchase. If you purchase it, your balance sheet becomes less liquid.

 

Amongst other services, we offer the following services

  • Market Research Report (Feasibility Report and Business Plan)

Market Research reports is a key factor towards having an edge over your competitors. They provide important information that identifies and analyzes market need, size and competition.

You can order our reports by clicking any of the links below

MARKET RESEARCH REPORTS ON THE REAL ESTATE INDUSTRY IN NIGERIA

  • Property Management Software

365 Property Manager is a leading property management solution designed to help property managers and landlords transform their property management and improve daily tasks such as rent collection, maintenance management, reporting and more.

  • Architectural Designs Marketing and Sales

365propertyportal.com helps you find ready-made architectural plan that fits your needs and provide all the architectural resources and advice you need to build.

Plans come in all shapes, sizes and architectural styles and are suitable for all budgets. We offer everything from small starter homes to one-of-a-kind luxury homes. Any of our plans can be modified to suit your needs.

You can order our architectural designs by clicking any of the links below

ARCHITECTURAL DESIGNS IN NIGERIA

Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 (Monday – Saturday; 8 am – 5 pm)

Mobile Number:  +234 (0) 8033782777 (Monday – Saturday; 8 am – 6 pm)

E-Mail Address: admin@365propertyportalcom

The details in this article is based on information from various sources that we believe are reliable. However, no representation is made that it is accurate or complete. While reasonable care has been taken in preparing the articles, no responsibility or liability is accepted for errors of fact or for any opinion expressed herein. The articles are for information purposes only.

365propertyportal.com accepts no liability whatsoever for any direct or consequential loss arising from any use of the articles or its contents.

The articles are for private circulation only and may only be distributed freely in its entire form. Any other use without the prior express consent of 365propertyportal.com is prohibited.

About Author

Anaekwe Everistus Nnamdu is an enterprenuer and a market researcher. He owns and operate the following businesses www.foramfera.com --- A market Research Firm, www.365campaigner.com --- A dynamic mobile and e-mail marketing solution and www.365propertyportal.com --- Real Estate Development Firm.

There are 2,793 Comments in this post

  1. Ирина Викторовна

    Здравствуйте, предлагаем Вам услуги комплексного продвижения вашего сайта, подробнее с нашими услугами Вы можете ознакомиться по ссылке http://www.anacron.ru/ Извините за беспокойство.

  2. besAikaCype

    Каталог Казахстанских компаний – это самый крупный сайт в республике казахстан который содержит в себе тысячи компаний со всего казахстана! Все компании казахстана собраны на одном сайте, это дает вам возможнатсь искать нужные вам компании казахстана в нужных разделах сайта сортируя их по тематике, тут вы можете найти любые контакты компаний из казахстана и начать с ними сотрудничать!

    Пневмоинструмент Алматы

  3. good

    very good publish, i actually love this website, carry on it

  4. chouqin

    This website online is known as a stroll-by means of for the entire information you needed about this and didn抰 know who to ask. Glimpse right here, and you抣l definitely uncover it.

  5. Justinecott

    [url=http://bbs27.hcwang.cn/home.php?mod=space&uid=8398448&do=profile&from=space]paydayloansbadcredit[/url]

  6. Thomaswatte

    [url=http://test1.donntu.org/user/azocinso1974/]adultonlinewebcams.us.com[/url]

  7. HowardIcomb

    [url=http://bbs.njukao.com/space-uid-703084.html]adultonlinewebcams[/url]

  8. Thomaswatte

    [url=http://senbapets.com/bbs/home.php?mod=space&uid=22997]paydayloanscompanies[/url]

  9. HowardIcomb

    [url=http://finansy.su/user/pingnemtada1974/]paydayloanscompanies.us.com[/url]

  10. Thomaswatte

    [url=http://www.news-for-woman.ru/user/terdirave1971/]paydayloansbadcredit.us.com[/url]

  11. HowardIcomb

    [url=http://bbs.syqcw.net/home.php?mod=space&uid=340250]adultonlinewebcams.us.com[/url]

  12. Thomaswatte

    [url=http://bbs.xdoumi.com/space-uid-786088.html]adultonlinewebcams[/url]

  13. Thomaswatte

    [url=http://5imeet.com/x/home.php?mod=space&uid=578289]paydayloanscompanies[/url]

  14. HowardIcomb

    [url=http://pes6.wc.lt/member.php?action=profile&uid=7410]sexybysarah[/url]

  15. TerenceIminy

    torssexdvd

  16. Thomaswatte

    [url=http://5hi.in/space-uid-786088.html]adultonlinewebcams[/url]

  17. HowardIcomb

    [url=http://www.skrzeszew.osp.org.pl/profile.php?lookup=12192792]paydayloansbadcredit[/url]

  18. Thomaswatte

    [url=http://psy-music.ru/index/8-183509]barbiecashregister[/url]

  19. inetryconydot

    Tadacip is indicated for the treatment of erectile dysfunction. Under normal circumstances, when a man is sexually stimulated, the penis fills up with blood. When erectile dysfunction occurs, enough blood does not flow to cause an erection. Tadacip relaxes the penile blood vessels when a man is sexually stimulated. This allows blood flow into the penis, resulting in an erection. The erection subsides after sex, just as it is supposed to in normal conditions. Please note that Tadacip is not a hormone or aphrodisiac, it works only when a man is sexually stimulated.

    [b]ORDER TADACIP ONLINE RIGHT NOW ONLY FOR $1.30 Per pill[/b]

    [URL=http://rebizsearch.com/in.cgi?5&group=MedFor&parameter=Tadacip] >>> ENTER HERE! <<>>COD SALE TADACIP TAKE TADACIP IN OKLAHOMA
    TAKE TADACIP IN CINCINNATI [b]LIQUID TADACIP[/b]
    [i]ALTERNATIVE TADACIP[/i] TADACIP 20MG
    PURCHASE ONLINE ORDER BUY TADACIP SALE TADACIP IN LEEDS
    [url=http://openlitespeed.com/threads/sucralfate-no-prescription-overnight-delivery-best-price-sucralfate-online-no-rx-required.2315/]Buy Cheap Sucralfate No Prescription Overnight Delivery[/url]
    [u]TADACIP BUY[/u] CHEAPEST TADACIP
    PURCHASE,BY,BUY TADACIP SALE TADACIP IN SPOKANE

    WE THANK YOU FOR VISITING

  20. AlfredGrerM

    wh0cd54198 [url=http://buycelebrex.doctor/]celebrex[/url]

  21. AlfredGrerM

    wh0cd125697 [url=http://cheapantabuse.doctor/]buy antabuse online without prescription[/url]

  22. AlfredGrerM

    wh0cd197196 [url=http://cheapallopurinol.doctor/]allopurinol[/url]