In our second series of market research, we have decided to look deeply into the current price of Groundnut Oil in Nigeria in 2021 with a result of our research analysis.
The information on this page includes the current Groundnut Oil price in Nigeria in 2021 per litres and other measurements, and where to buy cheap groundnut oil in Nigeria.
Pure Groundnut oil in Nigeria is expensive compared to mixed ones. Because of this, the price of pure groundnut is not the same as the mixed one. Check prices below.
How Much is Groundnut Oil in Nigeria 2021?
Now, let’s check out the market analysis of groundnut oil in Nigeria and their real-time market groundnut oil prices per liters for each brand.
How much is 25litres of Groundnut oil in Nigeria? The current price of 25 litres of groundnut oil in 2021 falls between ₦20,000 to ₦40,000 depending on where you purchase it from.
How much is 1 litre of Groundnut Oil? The price of a litre of groundnut oil in Nigeria which is 1 litre goes for N800 to N1,300 with respect to locations.
Groundnut Oil Prices Per Litres 2021
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|Litres Quantity||Price in Nigeria|
|Price of 20 litres of groundnut Oil in Nigeria||N16,000 to N21,000|
|5 Litre Groundnut Oil Price in Nigeria||N4,000 to N5500|
|Price of 10 Litres of groundnut Oil in Nigeria||N8,000 to 11,000|
|15 Litres Groundnut oil price in Nigeria||N10,000 to N15,500|
|The groundnut Oil price for 5kg||N3500 to N5500|
Groundnut Oil Price List Per Brand
Now, let’s check out the specific price of groundnut oil by brands and the quantity sold per litre for that brand.
The following table contains the list of well-known groundnut oil brands, and their prices per litre quantity.
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|Groundnut Oil Brand||Quantity in Litres||Price Range|
|King Kings Groundnut Oil||25 Litres||₦25,000 to ₦39,000|
|Chara Kulikuli Groundnut Oil||3-Litres Pure||₦4,700 to N5,300|
|Pride Groundnut Oil||1-Litre X1||₦6,500 to N7,000|
|Oba Farms Groundnut Oil||2.5 Litres||₦3,000 to N3,500|
|Sonnen Groundnut Oil||2 Litres||₦3,800 to N4,500|
|Diva Groundnut Oil||2 Litres||₦5,000 to N6,200|
|Pure Groundnut Oil||Per Sachet||₦70 to N100|
|LAZIZ Groundnut Oil||3 Litres||₦5,000 to N6,000|
|Nadim Coldpressed Groundnut Oil||3 Litres||₦6,500 to N7,500|
|Power Oil (Groundnut Oil)||Full Carton||₦2,000 to N2,500|
|Girasol Groundnut Oil||2 Litres||₦5,500 to N6,500|
|Imported Groundnut Oil||Per Litre||₦8,000 to N9,000|
|Kings Groundnut Oil||25 Litres||₦19,000 to N22,000|
|Universal Groundnut Oil||25 Liters||N20,000 to N23,000|
Groundnut Oil Market in Nigeria 2021
If you are interested in buying groundnut oil at the best prices in Nigeria then you should buy it directly from wholesalers online or offline.
For instance, you can order any quantity of groundnut oil online from online shops within Nigeria and get it delivered to your doorpost.
Note: the best markets to get pure and natural groundnut oil are mostly found in areas where the groundnuts are farmed, like the north.
Finally, if you wish to buy groundnut oil for retailing, then buy it directly from wholesalers/manufacturers. But if you need it in small quantity, then you may buy it from retailers.
But know that the wholesale price value of groundnut oil in Nigeria is more affordable (since it is in large quantity) compared to the retail price.