Today 6th January ( Ogba Lagos)

25 liters with gallon N12,500
25 liters without gallon N11,500
25 litres bulk without gallon price N10,500
5 liters with gallon N2,400
5 liters without gallon N2,200
Bottle N400


Uyo Hinterlands

25 liters with gallon N7,600

Abia Hinterlands

25 liters with gallon N7,600

From Akwa Ibom

Apart from stocking in times of low prices and sell once prices appreciate, we could also make some gains on price differences. For example buying from Akwa Ibom to sell e.g in Jos. Transportation and storage would form a bit of the expenses to offset and the rest, gain. Not just for palm oil but also for other products of the value chain. I see it as a viable alternative to treasury bill now that the rates are so low. They are certainly promising beyond the treasury bill rates of 6% though with greater risks.

I have been searching over the internet for any useful and authentic information on oil palm business in Nigeria. Real time Information from those that share similar interest in the business that could help investment in the palm oil and palm produce market in Nigeria. Information that could help traders, business men, speculators, investors, buyers, sellers, differential price traders, bulk traders, etc. in the oil palm business and market in Nigeria. My hope is to generate information that would help anyone interested in this area of business to deepen their businesses and broaden opportunities. Do feel free to contribute.

What’s the prevailing market price for palm oil in Uyo?