Vegetable Oil price in Nigeria today

Vegetable Oil costs a median of ₦2,900 per 1litre across 14 Nigerian markets as of 18 September 2026. Prices range from ₦1,500 at Mile 12 Market to ₦4,500 at Ajah Market.

Median price · Nigeria

₦2,900per 1litre

Stableover 90 days

Lowest
₦1,500
Mile 12 Market
Typical range
₦2,250₦3,450
middle 50% of markets
Highest
₦4,500
Ajah Market
Markets covered
14
mean ₦2,836

Latest insights

Vegetable Oil prices by market

Latest recorded Vegetable Oil price per 1litre at each Nigerian market we cover
MarketStatePrice per 1litrevs cheapestInsight date
Mile 12 MarketLagos₦1,500cheapest
Ahia Ohru New MarketAbia₦1,500cheapest
Mushin MarketLagos₦1,700+13.3%
Ifo MarketOgun₦2,200+46.7%
Gboko Main MarketBenue₦2,400+60%
Dawanau Int. Market Yan Baka MarketKano₦2,500+66.7%
International Market AbakaliliEbonyi₦2,800+86.7%
Gariki MarketEnugu₦3,000+100%
Jimeta Modern MarketAdamawa₦3,000+100%
Lugbe MarketAbuja₦3,300+120%
Effurun MarketDelta₦3,500+133.3%
Relief MarketImo₦3,800+153.3%
Ogbogonogo MarketDelta₦4,000+166.7%
Ajah MarketLagos₦4,500+200%

Price history — last 90 days

Median price moved from ₦2,950 per 1litre in 26 Jun 2026 to ₦3,000 in 14 Sept 2026.

View the weekly figures
Weekly median price per 1litre, last 90 days
Week ofMedianLowestHighestObservations
₦2,950₦1,700₦5,00010
₦3,000₦1,700₦5,00032
₦3,000₦1,700₦5,00036
₦2,900₦1,700₦5,00028
₦3,000₦1,500₦4,50029
₦3,000₦1,500₦5,00032
₦2,850₦1,500₦4,00024
₦2,900₦1,300₦5,00034
₦2,900₦1,400₦5,00033
₦3,000₦1,500₦5,00030
₦3,000₦1,500₦4,50022
₦3,000₦1,500₦4,50030
₦3,000₦1,500₦4,50030

Understanding Vegetable Oil prices in Nigeria

Why Vegetable Oil prices vary so much

Vegetable Oil costs 200% more at Ajah Market (₦4,500) than at Mile 12 Market (₦1,500) — a difference of ₦3,000 per 1litre for the same item.

Most of that gap is transport and distance from where the item is produced or landed. Market size matters too: high-turnover markets buy in larger volumes and sell on thinner margins, while smaller neighbourhood markets carry the cost of a shorter supply chain. Whether a market is primarily wholesale or retail can account for much of the rest.

Which unit is Vegetable Oil sold in?

Markets report Vegetable 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.

Where can you buy Vegetable Oil cheapest?

The lowest recorded price is ₦1,500 per 1litre at Mile 12 Market in Lagos. We currently track Vegetable Oil across 11 states, with the widest coverage in Lagos, Delta, Abuja. Prices below are the most recent insight from each market — always confirm before travelling for a difference that transport would cancel out.

All figures are medians of prices recorded in Nigerian markets, published in Naira.

Vegetable Oil price by unit

per 1litre

₦2,900

₦1,500₦4,500 · 14 markets

per 5litres

₦12,000

₦8,000₦17,000 · 13 markets

per 25litres

₦59,000

₦37,700₦75,000 · 11 markets

Vegetable Oil prices by state

Prices vary considerably by state, mostly with distance from producing regions and transport costs.

Prices are recorded in Nigerian markets and published in Naira. Every figure shows its unit, its insight date and the number of markets behind it.

Browse all prices in Lagos, Delta, Abuja, Kano, Imo.