Palm Oil Prices in Nigeria
Quick answer: Nairametrics' Lagos market survey put local palm oil at ₦48,000 per 25 litres in September 2026, after ₦50,000 in July and ₦47,000 in August. A May 2026 guide listed ₦52,000–₦60,000 at Mile 12 Lagos and ₦45,000–₦52,000 in Ibadan.
Prices by type
| Type / brand | Price range | Unit |
|---|---|---|
| Local palm oil, 25 litres (Lagos survey) | ₦47,000 – ₦50,000 | per 25 litres |
| Local palm oil, 5 litres (Lagos survey) | ₦8,000 – ₦8,500 | per 5 litres |
| Okomu Banga red palm oil, 4 litres (online) | ₦13,200 | per 4 litres |
Typical retail ranges seen in October 2026. Prices change often; confirm with the seller before you pay.
Prices by city
| City | Price range (per 25 litres) |
|---|---|
| Lagos | ₦47,000 – ₦60,000 |
| Ibadan | ₦45,000 – ₦52,000 |
Why prices differ
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Frequently asked questions
How much is 25 litres of palm oil in Lagos?
Nairametrics' survey of Mushin, Daleko, Mile 12 and Oyingbo markets put local palm oil at ₦48,000 per 25 litres in September 2026, up slightly from ₦47,000 in August.
Is palm oil cheaper outside Lagos?
Usually yes. A May 2026 guide listed ₦45,000–₦52,000 at Bodija, Ibadan and ₦38,000–₦45,000 in Igbudu, Delta, versus ₦52,000–₦60,000 at Mile 12, Lagos.
How much is 5 litres of palm oil?
In Lagos markets, 5 litres of local palm oil cost about ₦8,000–₦8,500 in August–September 2026, according to Nairametrics.
Sources
How we check prices- Lagos food prices: Egusi jumps 29.73% as major staples record wider declines in September — Nairametrics, 2026-10-02
- Lagos food prices: Onion climbs 40% as cooking gas eases in July survey — Nairametrics, 2026-08-04
- Prices of Food in Nigeria 2026 (Latest Market Rates) — Awajis, 2026-05-16
- Palm Oil in Nigeria for sale — Prices on Jiji.ng — Jiji.ng, 2026-10
