In the dynamic landscape of electrical installations in Nigeria, staying informed about the current prices of essential materials is crucial. Whether you’re embarking on a house wiring project or managing electrical systems in a building, understanding the factors affecting prices is essential. In this comprehensive guide, we delve into the key determinants influencing the prices of electrical materials in Nigeria in 2023 and provide a detailed breakdown of the current market rates.
Factors Affecting Prices:
- Brands Matter:
- The brand of electrical materials plays a pivotal role in determining their prices. Renowned brands often deliver higher quality, leveraging their popularity to command higher rates.
- Timing and Seasons:
- Prices fluctuate throughout the year. Certain seasons witness higher costs for electrical materials, impacting market rates. Savvy buyers can capitalize on lower prices during specific times.
- Import Duties Influence:
- Given that many electrical materials are imported, import duties contribute significantly to pricing. Higher import duties translate to more expensive products, creating a direct correlation between costs and regulatory fees.
- Location Matters:
- The geographical location also affects pricing. Areas with higher living standards generally sell electrical materials at elevated rates compared to regions with a lower cost of living.
Current Prices of Electrical Materials in Nigeria :
- Armored Cables:
- 4 Armored Cable (50mm): ₦7,800 – ₦8,500 per meter
- 4 Armored Cable (16mm): ₦3,700 – ₦5,000 per meter
- Changeover Switches:
- 100 Amps Changeover Switch: ₦67,000 – ₦75,000
- Distribution Board (D12):
- ₦55,000 – ₦65,000
- Cooker Units and PVC Pipes:
- 6 by 6 Cooker Unit: ₦6,500 – ₦8,000
- 25mm PVC Dignity Pipe: ₦12,000 – ₦17,000 per bundle
- Light Fittings and Switches:
- Light Fittings (4 x 18 watts): ₦9,500 – ₦12,000
- DP Switch: ₦4,500 – ₦5,500
- Sockets and Switches:
- 13 Amps Socket: ₦1,500 – ₦2,100
- 1 Gang 1-Way Switch: ₦800 – ₦1,100
- Single-Core Cables (G.R.Y.):
- 1.5mm: ₦10,500 – ₦13,000 per coil/100
- 4mm: ₦25,000 – ₦30,000 per coil/100
Conclusion:
It’s essential to note that the provided prices are estimates and subject to change. This guide serves as an informative resource, and prospective buyers are encouraged to verify current market rates. Nigerian Guide does not act as a dealer in electrical materials but strives to empower consumers with valuable insights into the ever-evolving landscape of electrical material pricing in Nigeria.