24/10/2025
current bulk teak wood price in Nigeria (October 2025) — converted to ₦ Naira using an average exchange rate of ₦1,500 = $1:
🌳 Bulk Teak Wood (Wholesale / Logs or Large Orders)
Standard grade teak logs: ₦450,000 – ₦525,000 per cubic meter
High-grade export teak logs: ₦750,000 – ₦1,140,000 per cubic meter
Premium kiln-dried / processed teak wood: ₦1,200,000 – ₦1,400,000 per cubic meter
💡 Prices vary slightly between states (Lagos, Benue, Ogun, Edo, Abuja, etc.) and depend on moisture content, quality, and logistics.
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