Event management Lagos plays an integral part when planning a wedding. In Nigeria, planning an event is a recurrent engagement for professional project managers.
How Much Is Event Management Lagos Fee?
We have discussed this in our previous article on event managers in Lagos.
If you planning to hire a professional event handler, and are curious about what it cost: As a percentage of the overall cost of an event, the fee that event planners should charge should be between 10% and 20% on average.
Sometimes this is sufficient to pay a planner’s full cost as well as their source of profit; however, this is contingent upon the difficulty of the program as well as the length of time required to prepare and carry out an event.
However, if you are an event manager who wants to know how the charges are raised, then you should follow this formula:
Sales – Cost of Goods Sold = Gross Profit
(Selling Price – Cost to Produce) / Cost to Produce = Markup Percentage
You can also flip through further examples with the entrepreneurs here.
The Cost Of Wedding In Nigeria
When it comes to event management, the amount each event manager charges is relative to a number of factors such as the professional qualification of the event manager, years of experience, reviews from top satisfied clients and class.
To keep things straightforward, the cost of a wedding in Nigeria ranges between N200,000 and N20,000,000. The majority of Nigerians live paycheck to paycheck, and their annual spending ranges from N200,000 to N500,000 on average (sometimes, with financial assistance from friends and family).
There is a segment of the Nigerian population whose wedding expenses range between 700,000 and 1,500,000 Nigerian naira.
Nigerian Wedding Budget List
Let’s assume that you or your friend is about to get married, the next urgent concern that occupies your mind is budget. In this heading, we will show you a simple guide to navigate your way especially where event management is concerned.
First things first, there are different templates as far as budgeting for wedding in Nigeria is mentioned. For instance, Naija glam wedding magazine generated a template that is relatable.
If your wedding budget is 1 million naira and you’re expecting a minimum of 80 guests, consider this plan:
Refreshment (food and drinks) = ₦203,000.00
Venue, Decorations = ₦175,000.00
Artistic arts (entertainment) = ₦135,000.00
Survenirs = ₦70,000.00
Bride and Groom = ₦200,000.00
Miscellaneous and Contingency = ₦160,000.00
A sserious wedding plan must begin with a budget. The next thing is the break down of the budget.
We would love to give the current breakdown of a ₦1million wedding expense. The problem is, by the time you’re reading this article, things would have either gone up or deflated. So such information won’t make any meaning to you.
However, here are the major things you should put price and draw a budget on.
Breakdown of things to attach price on when developing your wedding plans;
1. Bride and Groom
- Wedding gown
- Bridal shoes
- Bridal accessories: bouquet, veil, headpiece, earrings, necklace
- Makeup/Bridal beauty: wedding hairstyle, nails, eyelashes
- Wedding rings. Decide if you want the gold plated or gold wedding ring
- Groom shoes, wedding suit
- Groom wedding accessories
- Grooming: haircut, beard shaving, deodorants, new underwears.
2. Survenirs aand Stationery
- Printing of wedding program/bulletin, invitation cards
- Gifts for guests
3. Venue and wedding decorations
- Venue hire: rentals,
- Venue decor: bride and groom chair, guest sit decoration, bride and groom cars
4. Refreshment at the reception (indoor)
- Wedding cake
- Small chops
- Food and drinks
- Master of Ceremony
- Disk Jockey (DJ)
This ccould cover all bride and groom family expenses bordered on transportation, outfits, gifts. It’s only necessary in the likelihood that they can’t afford it.
Traditional Wedding Planning List
As a first-time bride, you’ll need talk to many individuals about what to bring, what to do. This should be a week, a month, or six months in advance. All the material is in lists, checklists, and other notes. We all forget stuff despite our organizational talents. You might want to set up human reminders in place.
What I’m about to share with you is a template of what you need to put in place when planning for a traditional wedding.
1. Traditional Wedding Attire
- A wedding gown, shoes, headpiece or veil, accessories, diamonds, wedding ring, hair and make-up trial and final preparations, manicure and pedicure are all essentials for the bride. If you need inspiration on traditional wedding outfits.
- Other essentials are suit, tie, shoes, cufflinks, wedding ring for the groom; hair, make-up, and dresses for the groomsmen; suits\sothers: clothes for the ring bearer and flower girl
2. Traditional Wedding Venue
- Fees for the ceremony (church) include: location and officiant fees, chair rental, confetti, ring bearer cushion, and flower girl basket.
- For the restaurant reception: venue fee and decorations, renting tables and chairs, renting tableware and glasses, catering and drinks, wedding cake, and toasting flutes.
3. Entertainment and Visuals
- Decide the kind of music you’ll need
- Go for the best DJ of your choice usually by recommendation.
4. Photography and Video
- Get a good photo shoot. Recall, it begins from the pre-wedding scenes.
- Video coverage on the wedding day.
5. Survenirs and Stationery
- Invitation cards
- Table numbers
- Thank you notes
6. Wedding Flowers
- Bouquet of the bride
- Bridesmaid posies
- Groomsmen boutonnieres
- Ceremony and reception decor
You didn’t think I would leave this out, did you? Have plans for your honeymoon trips whether within or abroad.
How To Plan A Wedding On A Small Budget
Alright, this is going to be fun. Pull a chair, sit and relax.
To have a wedding on a tight budget is not rocket science. All you need is result based event manager.
There are numerous straightforward methods to cut costs without sacrificing the wedding of your dreams, from the dress to the location to the décor. In this section, we remodeled the template of hellomagazine.
1. Fix your wedding on weekday
Having your wedding during the off-season or on a weekday can help you save a lot of money.
You can save hundred thousands of naira by marrying on a Tuesday or Wednesday rather than the weekend or December seasons.
The brand identity of a bride is not vested on popularity. In one study, the identity of a bride in Nigeria, is tailored along religious and ethnic familiarity.
2. Review your guests
Resist the clamour of “oh, I want it to be big”. The more invited guests you have the more robust your wedding budget would be. So, keep a sizeable guest lists. Family, friends and colleagues will do.
3. Shop within budget
Every great event begins with a plan. It’s okay to feel the urge to want to get the best items for your wedding. It’s your day afterall. Getting a wedding list of things to buy helps you with the tendency not to buy beyond your budget.
4. Ask for discount
It’s important to find the perfect dress for your wedding, but if you’re on a tight budget, you don’t have to limit yourself to the bridal shops in your area. And there are lots of wedding dress vendors with classy designs. But you should also look for pre-owned wedding dress markets.
It is not out of place to hire or rent your wedding dress. And there are many vendors who rent wedding dresses. Event managers should have this info at their purview.
5. Explore online stores
Shop around for bargains on anything from bridesmaid dresses to the groom’s suit to save money on your wedding expenses. Look out for midseason and end-of-season deals at your favourite stores, as well as one-day events at malls. Jij.ng alongside other ecommerce Nigerian brands and forums will help with better choices.
6. Use your network of friends
Do you count among your closest confidantes any artists, photographers, or disc jockeys? Take advantage of their abilities by inviting them to play during your wedding reception or to do a DJ set later in the night.
Chances are, they’d be thrilled to play a key role in your wedding, and you could end up saving a ton of money by not going via an outside vendor.
7. Choose what to decorate
There is a lot of room to decorate at a wedding between the ceremony and reception, but you can save money by putting more effort into the reception, where your guests will spend the most of their time.
You can recycle elements of your ceremony decorations, like the aisle flowers and the candles, for the reception. You can even relocate them to the wedding brunch venue!
8. Print Invites by yourself or use e-vites
An alternative would be to go with the times and send out electronic invitations. You can save money on stationery and keep better track of visitors by having them RSVP.
You can also use already done for you templates on Canva and print incredible designs. Afterall, it’s all valid for one day.
9. Buy in bulk
Food and drinks are essential for guests in Nigerian wedding. To save cost, order for your drinks in bulk. Some company can even outlet free ice blocks and truck to convey your goods which is a weight lifting burden on you.
10. Place priority only on necessities
Even if you’re on a tight budget, you don’t have to cut corners everywhere. Consider what is most important to you and prioritize those items, then strive to decrease costs on the less important parts.
Perhaps you’ve always wanted that designer wedding gown but aren’t as concerned about the cake, or you want to spend more on that one-of-a-kind wedding venue that doesn’t require any extra decorations.
You may still have your dream day on a budget if you plan ahead of time.
Planning a successful wedding in Nigeria with the current reality of economy does not need the over hyped rush. Otherwise, you’ll be left with no money to keep family juicy and sweet after the D day. I’m sure that’s not what you want.
So what do you do? Consult a good event manager, who understands the assignment. Get your wedding checklist ready. Draw your budget following the model we have explained earlier. And you’re good to go.
I hope this helps.
Would you want me to write on related topic you need information about, drop it in the comment.