How To Buy Power Vegetable Oil Wholesale in Nigeria

Vegetable oil is a staple of Nigerian cooking. You can buy it in the kitchen section of most supermarkets, but for wholesale prices you'll want to go to a wholesaler. This blog post will tell you how!

What is power vegetable oil?

In Nigeria, most of the vegetable oil in the market is palm oil. Palm oil is native to the region of West Africa where Nigeria is located, but it's also found in other areas of the world. It's a vegetable oil, and it's extremely good for cooking. If you can buy it in supermarkets, then it's palm oil, and you can find it in extra-virgin, or full-fat, form. It's commonly called "pure" or "single-grade" palm oil. It's a high-quality oil because it's has the highest degree of oleic acid (the main fatty acid in the oil), and has the highest melting point of all vegetable oils (38.0 degrees celsius or 100.2 degrees Fahrenheit). It can also be refined for a deeper color and a stronger flavor. But if you can't get it at a supermarket, then you'll want to look at an importer or reseller.

Where to buy power vegetable oil wholesale in Nigeria

There are a handful of power vegetable oil wholesalers in Nigeria. I found a couple of sellers who both sell power vegetable oil at wholesale prices. You can use the names of the suppliers as a good guess for where you will find them.

Based on this source, here are the most commonly available power vegetable oil wholesalers in Nigeria.

The Ayo Refinery

Address: 73, Osusu Street, Cele Bus Stop, Gbongan Estate, Lekki, Lagos

From other articles, it appears this wholesaler mainly supplies outside the market areas of Lagos.

The exchange rate to the dollar is 500 Naira per US$1. If you have US$1,500 to spare, you might as well buy about half a ton of power vegetable oil.

How much does it cost to buy power vegetable oil wholesale in Nigeria?

You can buy vegetable oil wholesale from a shop for about N40 per litre. So, you can buy N30 worth of power vegetable oil wholesale, for every litre of your food oil you want to buy. And when you consider the amount of oil you'll be using, you should purchase a kilo of it.

How much would it cost to buy an entire litre of vegetable oil wholesale?

The prices of vegetable oil vary according to the weight of the volume. So, how much does a whole litre of vegetable oil cost? The prices vary from place to place. In Asaba, for example, you can get 1 kg of vegetable oil for N450. The same quantity of the same type of oil is sold for about N380 in Owerri.

Buying tips for buying power vegetable oil wholesale

Here are some general tips for buying vegetable oil at a wholesale price:

Find a local supplier to the area you live in. Sometimes the best local suppliers can offer the cheapest prices and shipping is an expensive business. Sometimes it’s better to buy from other sources in the area – be that from neighbouring state or neighbouring country.

More often than not, there will be some sort of "dollar allowance" for discounts. Generally, the dollar allowance is a flat 1USD /GBP 25% discount on the wholesale price, and there are some networks that won’t allow this to be given to a local business (this is because the business has a small number of stores in a small area). It’s also quite common for the currency exchange to be more expensive than the wholesale price.

Buyers guide on how to store your power vegetable oil

The demand for high-quality, top-quality, and “top-shelf” vegetable oil in Nigeria is high. So much so that retailers in the UK have reported shortages of the yellow stuff. Some people even say that there is a run on the stuff in America. So you may have trouble finding your specific kind of vegetable oil. The solution? Be proactive and buy it on the cheap.

Save time by shopping online

You can buy from a reliable online store at the drop of a hat. Just remember to check your expiry dates and get it from a reliable site. The savings can add up.

Buy vegetable oil in bulk

If you have a friend with a truck, you can buy it in bulk at a lower cost. Alternatively, you can look for a dealer on these websites.