Palm Oil price in Lagos today
Palm Oil costs a median of ₦1,600 per 1litre across 2 markets in Lagos State as of 19 June 2026. Prices range from ₦1,500 at Mile 12 Market to ₦1,700 at Mushin Market. The price has fallen 15.8% over the past 90 days.
Median price · Lagos State
₦1,600per 1litre
-15.8%over 90 days
- Lowest
- ₦1,500 Mile 12 Market
- Typical range
- ₦1,550 – ₦1,650 middle 50% of markets
- Highest
- ₦1,700 Mushin Market
- Markets surveyed
- 2 mean ₦1,600
Last surveyed
This data is more than three weeks old. Food prices in Nigeria move weekly — confirm locally before relying on it.
Palm Oil prices at Lagos markets
| Market | State | Price per 1litre | vs cheapest | Surveyed |
|---|---|---|---|---|
| Mile 12 Market | Lagos | ₦1,500 | cheapest | |
| Mushin Market | Lagos | ₦1,700 | +13.3% |
Price history — last 90 days
Median price moved from ₦1,900 per 1litre in 11 May 2026 to ₦1,600 in 15 Jun 2026.
View the weekly figures
| Week of | Median | Lowest | Highest | Observations |
|---|---|---|---|---|
| ₦1,900 | ₦1,700 | ₦3,800 | 6 | |
| ₦1,600 | ₦1,500 | ₦1,700 | 6 | |
| ₦1,700 | ₦1,500 | ₦2,000 | 6 | |
| ₦1,600 | ₦1,500 | ₦1,700 | 6 | |
| ₦1,600 | ₦1,500 | ₦1,700 | 6 | |
| ₦1,600 | ₦1,500 | ₦1,700 | 4 |
Understanding Palm Oil prices in Lagos State
Is Palm Oil getting more expensive?
Over the last 90 days the median price has fallen from ₦1,900 to ₦1,600 per 1litre — a change of 15.8%. Prices easing usually reflects harvest supply reaching the markets, and that window does not always last.
Which unit is Palm Oil sold in?
Markets report Palm Oil in 1litre, 5litres, 25litres. We never average across units — a price per 1litre and a price per 5litres are different figures, and treating them as one number produces something meaningless. Compare like with like, and check the unit before assuming one market is cheaper than another.
All figures are medians of prices recorded in Nigerian markets, published in Naira.