Cooking oil at Ajah Market spans a wide range, from premium branded tins to bulk local oil and small retail bottles. A 5 litre tin of Kings vegetable oil was captured at N18,000 in the week of February 2, with the 1 litre bottle at N4,500. Bulk local oil sat higher up the shelf, with a 25 litre jerrican of palm oil at N55,000 and groundnut oil at N54,000 in the week of March 16. Power oil was also on the shelf, with a 5 litre tin at N7,000 in early February.
By the week of June 1 the captured oil shifted toward smaller retail formats, with palm oil and groundnut oil both at N4,000 for 1.5 litres and N2,000 for 750ml. These June packs are first verified captures at those sizes rather than movements, and they show the market serving buyers who purchase oil in small quantities as prices stay high.
The pressure on cooking oil is global as much as local. World Bank commodity data shows palm oil, the base for much of the vegetable oil sold in Nigeria, trading at multi-year highs through early 2026 on dry weather, firm demand and higher logistics costs. As a country that still imports a large share of its refined cooking oil, Nigeria passes those rising international prices and a costlier import bill straight through to the tin on an Ajah shelf.
That backdrop sits inside a food basket that the National Bureau of Statistics reported was still climbing, with food inflation back above the headline rate at 16.06% year on year in April 2026.
Live readings sit on the Ajah Market real-time prices page, and buyers can compare oil by size and brand on the price check tool.