QAVYNEL Tools

Official NBS data · May 2026

Price of vegetable oil in Nigeria

National average price per 75cl bottle, how it has changed, and where it is cheapest and dearest.

National average · May 2026₦3,263.50per 75cl bottle
Change from April 2026▲ Up ₦10.150.3% higher · was ₦3,253.35
Change from May 2025▼ Down ₦83.992.5% lower · was ₦3,347.49
Cheapest and dearest state

CheapestZamfara₦2,572.55

DearestAbia₦4,150.61

Price history

National average per 75cl bottle, January 2024 to May 2026. Hover or tap for each month.

By region · May 2026

Average price in each geopolitical zone.

South East: ₦3,924.67

South South: ₦3,706.18

North East: ₦3,211.45

North Central: ₦3,151.15

South West: ₦3,030.50

North West: ₦2,768.46

Key facts

In May 2026, the national average price of vegetable oil (75cl bottle) was ₦3,263.50, according to the National Bureau of Statistics.

That is 0.3% higher than in April 2026 (₦3,253.35) and 2.5% lower than a year earlier, in May 2025 (₦3,347.49).

Abia recorded the highest state average (₦4,150.61) and Zamfara the lowest (₦2,572.55).

By region, prices were highest in the South East (₦3,924.67) and lowest in the North West (₦2,768.46).

Since January 2024, the price has ranged from ₦1,782.77 (January 2024) to ₦3,399.60 (July 2025).

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Source: National Bureau of Statistics (NBS), Selected Food Price Watch. Figures are NBS averages of prices collected across all 36 states and the FCT, published monthly. The latest release is for May 2026. Prices in your market may differ.