DEVELOPMENT · CAPITAL EFFICIENCY
Budget vs Progress Analytics
Capital efficiency, construction progress, spend velocity, budget variance and delivery confidence across all estates.
64 active projects · ₦12.4B deployed · ₦4.8B remaining · live cost intelligence
Capital Deployed
₦12.4B
YTD
+₦820M MoM
Capital Remaining
₦4.8B
64 projects
27% headroom
Efficiency Index
1.04
progress / spend
+0.02 MoM
Overrun Risk
₦84M
5 projects
+₦18M WoW
Forecast Final Cost
₦18.2B
vs ₦17.2B plan
+₦610M
Projects Under Budget
21
of 64 active
+3 QTR
SPEND vs PROGRESS · 12M
Monthly spend (₦M) versus % delivered
Spend is rising faster than physical progress in PH Marina, Enugu Skyline, and Kuje Heights.
Estate capital efficiency scorecards
Budget · spent · progress · efficiency · confidence
Lekki Pearl
HighBudget
₦2.26B
Spent
₦1.84B
Progress
89%
Efficiency
+8
Ibeju City
HighBudget
₦2.20B
Spent
₦1.62B
Progress
82%
Efficiency
+8
Abuja Hills
StableBudget
₦1.60B
Spent
₦1.18B
Progress
76%
Efficiency
+2
Eko Bay
StableBudget
₦1.40B
Spent
₦820M
Progress
64%
Efficiency
+5
PH Marina
LowBudget
₦1.50B
Spent
₦820M
Progress
42%
Efficiency
-13
Enugu Skyline
WatchBudget
₦1.40B
Spent
₦620M
Progress
38%
Efficiency
-6
Per-estate capital efficiency
Spent vs progress · forecast vs approved · executive action
| Estate | Approved | Spent | Remaining | Spend % | Progress % | Δ Eff | Forecast | Status | Action |
|---|---|---|---|---|---|---|---|---|---|
| Lekki Pearl | ₦2.26B | ₦1.84B | ₦420M | 81% | 89% | +8 | ₦2.20B | On track | Maintain |
| Ibeju City | ₦2.20B | ₦1.62B | ₦580M | 74% | 82% | +8 | ₦2.14B | On track | Maintain |
| Abuja Hills | ₦1.60B | ₦1.18B | ₦420M | 74% | 76% | +2 | ₦1.62B | Stable | Monitor |
| Eko Bay | ₦1.40B | ₦820M | ₦580M | 59% | 64% | +5 | ₦1.42B | Stable | Monitor |
| PH Marina | ₦1.50B | ₦820M | ₦680M | 55% | 42% | -13 | ₦1.68B | Critical | Intervene |
| Enugu Skyline | ₦1.40B | ₦620M | ₦780M | 44% | 38% | -6 | ₦1.52B | Watch | Review |
| Kuje Heights | ₦900M | ₦540M | ₦360M | 60% | 58% | -2 | ₦920M | Watch | Review |
| Magodo Vista | ₦780M | ₦460M | ₦320M | 59% | 62% | +3 | ₦770M | Stable | Monitor |
| Ibadan Crest | ₦720M | ₦380M | ₦340M | 53% | 55% | +2 | ₦710M | Stable | Monitor |
BURN RATE · 12M
Planned vs actual vs forecast burn (₦M)
Actual burn is 12% above plan due to contractor variation claims and logistics costs.
COST VARIANCE
Approved → forecast waterfall (₦)
Budget risk heat · estates × cost categories
Lekki · Materials
88
Lekki · Labour
86
Lekki · Contract.
90
Ibeju · Materials
82
Ibeju · Logistics
78
Abuja · Permits
66
Abuja · Labour
74
Eko Bay · Rework
58
Eko Bay · Contract.
68
PH Marina · Contract.
34
PH Marina · Materials
48
PH Marina · Logistics
52
Enugu · Contractors
42
Enugu · Rework
46
Kuje · Permits
60
Kuje · Materials
64
Magodo · Materials
56
Ibadan · Utilities
62
Change order tracker
Contractor variations awaiting executive action
| Change order | Estate | Requester | Cost impact | Status | Deadline | Action |
|---|---|---|---|---|---|---|
| Drainage redesign | PH Marina | Coastal Works | ₦42M | Pending | 48h | Review |
| Power extension | Ibeju City | Northgate | ₦28M | Approved | Done | Monitor |
| Road rework | Eko Bay | Lagos Build | ₦14M | Review | 72h | QA audit |
| Land prep variation | Enugu Skyline | Niger Build | ₦22M | Escalated | 24h | Hold |
| Perimeter fencing | Abuja Hills | Atlas Infra | ₦11M | Pending | 5d | Approve |
Cement exposure
₦96M
price risk
Diesel / logistics
₦42M
volatility
Steel supply delay
6
active sites
Variation claims
₦184M
pending review
Purchase orders
₦320M
pending
Urgent approvals
9
< 72h
Forecast final cost · 87% confidence
Programme-wide close-out projection
Approved budget
baseline100
/ 100
₦17.2B
Forecast completion
+3.5%104
/ 110
₦17.81B
Expected overrun
watch35
/ 100
₦610M
Savings opportunity
achievable55
/ 100
₦340M
Confidence
high87
/ 100
AI model
AI Budget Recommendation
Reduce cost
Renegotiate cement procurement across PH Marina, Enugu Skyline and Kuje Heights — est. ₦120M savings.
Pause
Suspend non-critical landscaping in Enugu Skyline until land prep stabilises.
Approve
PH Marina drainage redesign — only after contractor replacement review.
Renegotiate vendors
Niger Build Group and Lagos Build Co. — variation claims exceed comparable market benchmark by 18%.
Most efficient estate
Lekki Pearl — highest progress-to-spend efficiency across the portfolio.
Action Queue
4 pendingApprove PH Marina redesign (contingent)
CFO · CEO co-sign
48h
Cement re-tender · 3 estates
Procurement
5d
Freeze landscaping · Enugu Skyline
Ops
24h
Publish Q4 capital review
Board pack
10d