Hyper Pure Germanium (HPGe) radiation detector was used to estimate the activity concentration of fifteen soil and palm oil samples collected from the oil palm plantations in the southwestern, southeastern, and south southern states of Nigeria, and the risk assessments was evaluated. The activity concentrations at a soil depth 0 – 15 cm ranged from 187.4 to 514.4, 2.328 to 6.571, and 1.509 to 6.121 Bq/kg for 40K, 238U, and 232Th, respectively. The activity concentrations at a soil depth 15 – 30 cm ranged from 163.4 to 3188.8, 1.345 to 9.410, and 1.476 to 6.275 Bq/kg for 40K, 238U, and 232Th, respectively. The activity concentrations in the palm oil ranged from 122.3 to 968.0, 1.240 to 6.651, and 1.199 to 8.061 Bq/L for 40K, 238U, and 232Th. For the risk assessments of surface soil samples, the absorbed dose rate (D) ranged from 5.09 to 24.54 nGy/h, while the annual effective dose equivalent (E) ranged from 0.612 × 10-2 to 16.49 × 10-2 mSv/y. The radium equivalent, gamma absorbed dose rate, and the annual effective dose rate in the palm oil samples ranged from 9.981 to 88.00 Bq/L, 4.315 to 46.29 nGy/h, and 0.53 × 10-2 to 56.90 x 10-2 mSv/y, respectively. The activity concentrations reported for soil and palm oil samples were lower than the recommended world average values given by UNSCEAR. Hence, the hazard and risk assessments indicated a low radiation risk within the studied areas.