25 Liters Palm Oil Prices in Nigeria
Palm oil, a culinary cornerstone in Nigeria, holds a special place in our kitchens and industries. From enhancing the flavor of our dishes to being a key ingredient in various products, palm oil plays a vital role in our daily lives. In this blog post, we’ll delve into the prices of 25 liters of palm oil in different Nigerian markets, explore the factors influencing these prices, and shed light on the myriad health benefits associated with this essential commodity.
Liters Palm Oil Prices in Nigeria
Before embarking on your palm oil purchase journey, it’s essential to be well-informed about current market prices. We’ve conducted a thorough survey in various markets across Lagos State and beyond, providing you with up-to-date information:
- Mushin Market: N19,500
- Daleko Market: N17,500
- Aguda Market: N18,000
- Mile 2 Market: N18,000
- Abuja Market: N22,000
- Port Harcourt Market: N25,000
- Enugu Market: N20,000
- Oyo Market: N20,000
Online Options
Explore both local markets and online platforms for palm oil purchases. Prices may vary slightly depending on your chosen source.
Factors Affecting Palm Oil Prices
Location Matters
The geographical location significantly influences palm oil prices. Areas closer to production points generally offer more affordable rates compared to distant regions.
Seasonal Shifts
Palm oil production is seasonal, peaking between February and August. Prices dip during this period, making it an opportune time for commercial purchases. Conversely, prices rise from September to January, with December witnessing the highest peaks.
Market Demand
While not the primary factor, market demand does impact prices. Expect an increase in palm oil prices during festive seasons, especially around December, when demand surges.
Health Benefits of Palm Oil
Nutritional Overview
Derived from the fleshy fruits of palm trees, palm oil boasts various nutrients per tablespoon:
- Calories: 120
- Fat: 14 Grams
- Saturated Fat: 7 Grams
- Monounsaturated Fat: 5 Grams
- Polyunsaturated Fat: 1 Gram
- Vitamin E: 14% Of The Daily Value (DV)
Brain Health Boost
Rich in tocotrienols, a potent form of vitamin E, palm oil supports brain health by preventing lesions, slowing dementia, and reducing stroke risks.
Heart Health Hero
Palm oil contributes to better heart health by increasing good cholesterol and decreasing bad cholesterol, playing a crucial role in preventing heart diseases.
Vitamin A Enrichment
With its high carotenoid content, palm oil aids in increasing vitamin A levels, making it an effective supplement for individuals with deficiencies.
Conclusion:
As you navigate the diverse world of palm oil, armed with knowledge about prices, influencing factors, and health benefits, you’re better equipped to make informed decisions. Whether you’re a culinary enthusiast or a health-conscious consumer, palm oil continues to be a versatile and indispensable companion in our daily lives.