# School Construction Cost Planning: Akure, Nigeria

> Akure school cost planning using the World Bank ICP 2021 national construction price-level index of 72.8, plus a GeoNames-based local comparable-search shortlist.

- Canonical: https://harth.build/resources/construction-costs/school-construction-cost-akure-ng/
- Last updated: 2026-09-15
- Data source: National screening observation from the [World Bank ICP 2021 API](https://api.worldbank.org/v2/sources/90/country/NGA/classification/PX.WL/series/1501200/time/YR2021/data?format=json) and [ICP data documentation](https://www.worldbank.org/en/programs/icp/data); locality and population from the [GeoNames NG dump](https://download.geonames.org/export/dump/NG.zip) (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 2350841). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

## Key facts

| Fact | Value |
| --- | --- |
| National construction PLI | 72.8 (World Bank ICP 2021; World = 100) |
| Screening ratio to world | 0.728 (dimensionless PLI ÷ 100; not a city location factor) |
| Locality reference | 7.2526, 5.1931 (GeoNames ID 2350841) |
| Snapshot population | 730,000 (19 of 50 listed Nigeria places) |
| Nearest listed peer | Ado-Ekiti · 41 km (great-circle distance between GeoNames reference points) |
| Estimate currency | NGN (obtain a current local rate and named base date) |

## Direct answer

For early school construction cost planning in Akure, the World Bank ICP reports a 2021 Nigeria construction price-level index of 72.8, with the world equal to 100. This is a national comparison—not a Akure NGN/m² rate or tender estimate—so replace it with current local evidence before budgeting or procurement. The observation covers construction across Nigeria in 2021; it does not measure a Akure market basket or current school tenders. GeoNames 2350841 records the locality at 7.2526, 5.1931, with snapshot population 730,000. That ranks Akure 19 of 50 listed places, while Ado-Ekiti is the nearest listed peer at about 41 km. Use these facts only to plan the comparable search. Obtain current local rates on a consistent area basis, then reconcile scope, taxes, fees, contingency and escalation. Retain the source, base date and reviewer when local evidence replaces the screening ratio.

*Content and cited inputs reviewed by [Scott Barrington](https://nz.linkedin.com/in/barrington), Harth founder and architectural technology specialist · Published 2026-08-26 · Updated 2026-09-15.*

## What does the 72.8 construction index mean?

The World Bank ICP 2021 construction PLI for **Nigeria is 72.8**, compared with a world benchmark of 100. It is a national spatial price comparison assembled for the 2021 reference year. It does not say that school work in Akure costs 0.728 times a current world rate.

## Which Akure inputs are known?

The reproducible locality point is **7.2526, 5.1931** (GeoNames 2350841). Its snapshot population is **730,000**, ranked 19 of 50 listed places; GeoNames classifies it as a first-order administrative seat in administrative area 48. These facts shape the local comparable search, not the price.

## What must a project estimate add?

For a Akure school project, reconcile teaching spaces, specialist rooms, safeguarding, sports provision and external works. Use a consistent gross-floor-area basis and record the following before reliance.

| Estimate field | Screening record | Project requirement |
| --- | --- | --- |
| National context | ICP 2021 PLI 72.8 | Retain only as dated cross-country context |
| Local NGN/m² rate | Not supplied | Current comparable with named source and base date |
| Area and scope | Gross floor area; scope unresolved | Measurement standard, specification and procurement route |
| Additions | Not supplied | Taxes, fees, site work, contingency and escalation |
| Review | Automated source and arithmetic QA | Qualified local cost review |

## Akure comparable-location search screen

This shortlist is computed from the checked GeoNames snapshot. Distance and population help prioritize where to request comparables; neither is used as a cost multiplier.

| Listed place | Great-circle km from Akure | Snapshot population | Admin area |
| --- | ---: | ---: | --- |
| Ado-Ekiti | 41 | 435,000 | 54 |
| Ondo | 43 | 375,000 | 48 |
| Ilesa | 65 | 325,000 | 42 |
| Ikare | 69 | 465,000 | 48 |
| Ile-Ife | 74 | 560,000 | 42 |
| Abeokuta | 204 | 735,000 | 16 |
| Oyo | 154 | 736,072 | 32 |
| Bauchi | 614 | 693,700 | 46 |

## Price-level normalization worksheet

For a validated reference rate **R** from a country with construction PLI **P**, the transparent screening calculation is **R × (72.8 ÷ P)**. At P = 100 the dimensionless ratio is 0.728; no world cost rate is asserted. Keep the reference rate's currency, base date, area basis and scope attached.

| Input | Recorded value | Release condition |
| --- | --- | --- |
| Target national PLI | 72.8 (World = 100, 2021) | Screening context only |
| Reference construction PLI P | User-supplied from the same ICP classification/year | Must match reference rate country |
| Validated reference rate R | User-supplied | Named source, currency, date, area and scope |
| Local Akure adjustment | Not asserted | Replace with current local comparable evidence |
| Result status | Screening normalization | Not a budget, quote or tender estimate |

## Where can you explore related guidance?

- [Explore all construction costs guidance](https://harth.build/resources/construction-costs.md)
- [Office Construction Cost Planning: Akure, Nigeria](https://harth.build/resources/construction-costs/office-construction-cost-akure-ng.md)
- [House Construction Cost Planning: Akure, Nigeria](https://harth.build/resources/construction-costs/house-construction-cost-akure-ng.md)
- [Retail Construction Cost Planning: Akure, Nigeria](https://harth.build/resources/construction-costs/retail-construction-cost-akure-ng.md)
- [School Construction Cost Planning: Ado-Ekiti, Nigeria](https://harth.build/resources/construction-costs/school-construction-cost-ado-ekiti-ng.md)
- [All construction costs guidance for Nigeria](https://harth.build/resources/construction-costs/nigeria.md)
- [Climate Design Data: Akure, Nigeria](https://harth.build/resources/climate-data/climate-design-data-akure-ng.md)
- [Sun Path: Akure, Nigeria](https://harth.build/resources/solar-data/sun-path-akure-ng.md)

## Sources and method

National screening observation from the [World Bank ICP 2021 API](https://api.worldbank.org/v2/sources/90/country/NGA/classification/PX.WL/series/1501200/time/YR2021/data?format=json) and [ICP data documentation](https://www.worldbank.org/en/programs/icp/data); locality and population from the [GeoNames NG dump](https://download.geonames.org/export/dump/NG.zip) (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 2350841). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

### Source links

- [api.worldbank.org](https://api.worldbank.org/v2/sources/90/country/NGA/classification/PX.WL/series/1501200/time/YR2021/data?format=json)

- [worldbank.org](https://www.worldbank.org/en/programs/icp/data)

- [download.geonames.org](https://download.geonames.org/export/dump/NG.zip)

## Frequently asked questions

### Does the 72.8 index give a school cost per m² for Akure?

No. 72.8 is the World Bank ICP 2021 national construction price-level index for Nigeria, with the world equal to 100. It is a cross-country screening statistic, not a Akure NGN/m² rate, escalation index, quote or tender estimate.

### How should a Akure school estimate replace this screening benchmark?

Collect current Akure comparables on a consistent gross-floor-area basis, reconcile teaching spaces, specialist rooms, safeguarding, sports provision and external works, and state base date, currency, taxes, fees, site work, contingency and escalation. A qualified local cost professional should review the resulting project estimate.

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