Palm oil, a versatile and widely used product, holds a significant place in Nigerian households. Whether it’s for cooking, skincare, or industrial purposes, understanding the variations in prices across different regions is crucial for consumers and businesses alike.
In this blog post, we’ll provide you with up-to-date information on the prices of 25-litre containers of palm oil in various cities across Nigeria.
Palm Oil Prices in Nigeria: A Regional Breakdown
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Lagos:
Palm Oil (25L) in Lagos ranges from N20,000 to N35,000. The bustling metropolis of Lagos offers a wide spectrum of prices, allowing consumers to choose according to their budget and preferences.
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Port Harcourt, Rivers State:
In Port Harcourt, Rivers State, the price of a 25-litre container of Palm Oil is between N24,000 and N35,000. This region exhibits a slightly higher price range compared to Lagos, reflecting local market dynamics.
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Ibadan, Oyo State:
For those in Ibadan, Oyo State, expect to find Palm Oil (25L) priced between N22,000 and N35,000. Ibadan presents a competitive market, with options for consumers with varying budgets.
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Owerri, Imo State:
In Owerri, Imo State, the price range for a 25-litre container of Palm Oil is between N24,000 and N36,500. This region showcases a slightly higher upper limit, potentially influenced by local factors.
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Abuja:
The capital city, Abuja, offers Palm Oil (25L) at prices ranging from N25,500 to N35,000. Despite its central location, Abuja’s prices fall within the general range observed in other major cities.
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Benin City, Edo State:
Benin City, Edo State, provides a more affordable option, with Palm Oil (25L) priced between N20,000 and N35,000. This city stands out as a cost-effective choice for consumers.
Conclusion:
It’s essential to be aware of the regional variations in palm oil prices when making purchasing decisions. The information provided here gives an overview of the current market trends in major cities across Nigeria. Keep in mind that these prices are subject to change due to various factors like demand, supply, and local economic conditions
