Based on price comparisons among large markets in Lagos, the price for five liters of local palm oil was on average 2.7 thousand Naira (almost seven U.S. dollars). The markets taken into consideration are Mushin, Daleko, Oyingbo, and Mile 12. The prices were provided by the Nigerian company Nairametrics.
Overall, Nigeria is one of the leading producers of palm oil worldwide.
Prices of local palm oil on selected large markets in Lagos-Nigeria as of 2020, by volume
(in Naira)
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Nairametrics. (November 26, 2020). Prices of local palm oil on selected large markets in Lagos-Nigeria as of 2020, by volume (in Naira) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1193286/prices-of-palm-oil-on-selected-markets-in-lagos-nigeria/
Nairametrics. "Prices of local palm oil on selected large markets in Lagos-Nigeria as of 2020, by volume (in Naira)." Chart. November 26, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1193286/prices-of-palm-oil-on-selected-markets-in-lagos-nigeria/
Nairametrics. (2020). Prices of local palm oil on selected large markets in Lagos-Nigeria as of 2020, by volume (in Naira). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1193286/prices-of-palm-oil-on-selected-markets-in-lagos-nigeria/
Nairametrics. "Prices of Local Palm Oil on Selected Large Markets in Lagos-nigeria as of 2020, by Volume (in Naira)." Statista, Statista Inc., 26 Nov 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1193286/prices-of-palm-oil-on-selected-markets-in-lagos-nigeria/
Nairametrics, Prices of local palm oil on selected large markets in Lagos-Nigeria as of 2020, by volume (in Naira) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1193286/prices-of-palm-oil-on-selected-markets-in-lagos-nigeria/ (last visited November 10, 2024)
Prices of local palm oil on selected large markets in Lagos-Nigeria as of 2020, by volume (in Naira) [Graph], Nairametrics, November 26, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1193286/prices-of-palm-oil-on-selected-markets-in-lagos-nigeria/
