Nutrition experts, health educators and enlightenment stake holders have discovered that the dietary supplement market is growing at alarming rate. The rate of consumption of the dietary supplements seems to be increasing on daily basis. The purpose of this study was to investigate the prevalence of nutritional supplements consumption and the perception of women in all tertiary institutions in Ekiti State, South Western Nigeria. Population for the study consisted of two hundred (200) literate women who were randomly selected from these institutions. 42% of the sample were academic women, while the remaining (58%) women were non-academic. Findings showed that majority of the respondents are of child bearing age, 25% of the women are 50 years and above. Structured questionnaire and interview were used to elicit information from the women. Data collected were analyzed using E-test and Person Product Moment Correlation analysis. Majority (87.5%) of the respondents consume nutritional supplements. Minority (12.5%) did not believe in the consumption of supplements. It is shown that the value of the coefficient of determination indicates that all the predictor variables jointly accounted for 89.9% of the total variance while 10.1% is due to unexplained variance. It was through an interview that some of the women using nutritional supplements revealed that they are not sure of the risks associated with the consumption of the products. There is a need for concerted efforts on the part of nutritionists and health educators to create more nutrition education awareness among people.