The price of red palm oil depends on the quality and the quantity you want to buy. Palm oil is packaged in 25 litres, 10 litres, 5 litres and 1 litre. Palm oil is one of the major ingredients in our many delicacies in Nigeria. It is got from the palm kernel tree. There are many states that process palm oil in Nigeria. There is a systematic process of producing palm oil. The price of palm oil in Nigeria depends on the production process and the quantity bought.
Palm Oil Production and Processing
The production of Palm oil is step by step. There are more than four steps in processing palm oil. Some of the steps in processing palm oil are:
- Sterilization: This is the first step in Palm oil processing. This process helps to remove enzymes from the palm fruit. It is done through high temperature, the high temperature also softens the palm fruit and makes it easier for threshing and also helps not to damage the palm fruit.
- Threshing: this is the next step in Palm oil processing whereby the palm fruit are separated from the bunch. In big palm oil mill they place the palm fruit in big rotary drum to separate the palm fruit while in small palm oil mill they are done by hand.
- Digesting: this is the next step after the threshing, in this step the palm fruits is put in the diester which removes the nuts and then boils the palm fruits.
- Pressing: this is the next step after the the digesting, in this step heavy metal plates are pressed into the palm fruit to squeeze out the oil.
After this step, the palm oil is diluted with water and then filtered through a screen to remove impurities and debris that may be in it. The palm oil can be sold like that after this process or can be sent on for further processing.
States with the best Palm Oil in Nigeria
Nigeria is one of the highest producers of Palm oil in Africa and these are some the states that contribute to the production of this palm oil:
- Akwa Ibom State: This state is located in the southern part of Nigeria and is one of Nigeria’s highest palm oil producing state. This is because they have a favourable climate which helps in the growth of the raw materials in Palm oil production.
- Delta State: This is another high palm oil producing state in Nigeria, it produces most of the palm oil used in the country.
- Rivers State: This another high palm oil producing state in Nigeria. It is part of the reasons Nigeria is one of the highest palm oil producing country in Africa.
- Imo State: This another high palm oil producing state in Nigeria is located in the eastern part of Nigeria. They are also big players in Palm oil production in Nigeria.
Average Price of Palm Oil in Nigeria
Palm oil is one the major ingredients to many Nigerian delicacies. So therefore there are many states in Nigeria that produces palm oil in large quantities due to its importance. The price of Palm oil in Nigeria depends on the quality and quantity of the palm oil you are buying.
The price of Palm oil in different states in Nigeria may defer due to the availability of the raw materials used in it’s production. Palm oil in Nigeria can be measured in 1, 2 ,3, 5, 10, 20, 25, and 30 liters and their prices differ. The average price of of Palm oil per liter in Nigeria in February 2025 is 2500 naira. In Edo state, a litre of palm oil is currently sold at 1,700 naira while at Ibadan, it’s sold at 2,300 naira per litre.
- 1 litre of Red Palm oil: ₦2,500
- 5 litre of Red Palm oil: ₦12,000
- 10 litre of Red Palm oil: ₦22,000
- 20 litre of Red Palm oil: ₦40,000
- 25 litre of Red Palm oil: ₦45,000
Price of Palm Oil in Edo State
Edo State is one of the palm oil producing state in Nigeria. So the price of Palm oil in this state might be cheaper than in other states. The price of Palm oil in Edo State might be affected by the quality and quantity you want to buy. Palm oil per liter is sold at 1,700 naira in Edo State.
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Price of Palm oil in Ibadan
Oyo state is also another high producing palm oil state due to its favourable climate. Palm oil price in this will also be cheaper than in any other state. Palm oil is sold for as cheap as 2,300 per litre naira in Ibadan. Most palm oil retailers buy from Ibadan in bulk and sell in Lagos at a higher rate to make profit.
Price of Palm Oil in Abuja
Abuja is not a palm oil producing area and as such palm oil tends to be very expensive. Abuja the Federal capital of Nigeria the average price of palm oil in Abuja is between 2,700 to 3,000 per liter. Many people who reside in Abuja buy palm oil in bulk from Edo and Imo states.
Mathew
