Kwara Ram Sellers Attribute High Prices to Fuel Subsidy Removal

Date: 2024-06-11

According to a news report from Vanguard, ram sellers in Kwara State, including areas such as Offa, Ajase Ipo, and Ilorin, have linked the current high costs of rams to the increased prices of petrol and diesel following the removal of the fuel subsidy.

This significant price hike has sparked discussions about the impact of fuel subsidy removal on transportation costs and, consequently, on the prices of goods, including livestock.

In separate interviews with a Vanguard correspondent, ram sellers confirmed this development. Hassan Ojuolape, who sells rams of various sizes at the Kara market in Ajase Ipo, stated that the price hike compared to last year is a result of the federal government's removal of the fuel subsidy.

“Last year prices were expensive as far as we are concerned, but that of this year is just too much and we know the prices wouldn't have been this high if not for the removal of fuel subsidy.

“Transportation costs of the rams from fat North have seriously added to the increase in prices of the rams this time around and this is where the federal government comes in. Rams that we sold at 70,000,80,000 last year are now being sold at 150,000.upward.”

Similarly, Usman Adio who sells rams at central market in Offa told Vanguard correspondent that sales this year have been poor and attributed it to hike in prices and transportation costs from far north to Offa.

“Returning the unsold rams would be a bigger loss, that's why we are urging federal government to look into our transportation system and make it easier for the masses,” Adio said.

But speaking in an interview with Vanguard correspondent Musa Kennike, who is the Vice Chairman of the Kwara State Association of Ram, Goat, and Sheep Sellers at Mandate Market, Ilorin also explained that the importation of rams into the North from other countries is limited due to numerous challenges.

He explained that despite the high costs, ram sellers at the Mandate Market have tried to lower prices to encourage customers.

“We have brought down the prices as low as fifty, sixty, and seventy thousand naira, with some rams even going for a hundred, two hundred, and up to four hundred thousand naira to make them more affordable for our customers,” said Kennike.

However, buyers are feeling the pinch. as Mr. Ismail Saka, a customer at the market, expressed his concerns about the increased costs.

“A medium-size ram that was sold for about seventy thousand naira last year is now between N110,000 and N120,000,” he lamented.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Neuropsychiatric Hospital     Salihu Alhaji Musa     Afeyin-Olukuta     Ahmad Ali     Abdulbaqi Jimoh     Harrison Osauwagboe     Saidu Kawu     Jimoh Olusola Imam     Joseph Alex Offorjama     Ahmad Belgore     Abubakar Atiku     AbdulRahman Saad     Abdulrazaq Magaji     Khadijat Ayoola Yusuf     Lithium Deposit     Abdulkareem Alabi     Kwara North     Sa\'ad Alanamu     Ibrahim Oloriegbe     Shonga Farm Project     Code Of Conduct     Dasuki Belgore     Paul Odama     Tricycle Owners Association Of Nigeria     Hakeem Idris     Riskat Opakunle     Twitter     Oyawoye     Ijagbo Health Centre     Read With Me     Baakini     Local Government     Olaiya Victor Mobolaji     Sam Onile     Kwha.gov.ng     Idris Amosa Oladipo Saidu     John Kehinde Salako     Senate     EndSARS     Mahmud Ayinla Giwa     Abdullahi Atanda     Ojo Fadumila     Binta Abubakar Mora     Mohammed Khadijat Kubura     Alore     Savannah Centre For Diplomacy, Democracy And Development     Rashidi Yekini     Kunle Akogun     Ganiyu Taofiq     Alikinla     Ilorin South Constituency     Yemi Sanni     JAMB     Ubandawaki     Iyabo Dupe Adekeye     IYA YUSUF     Yusuf Babatunde Abdulwahab     Yashikira     Kwara Liberation Group     Yusuf Amuda Gobir     Adolescent Girls Initiative For Learning And Empowerment     Flights To Ilorin     Sola Saraki Educational Foundation     Muritala Awodun     Okanlawon Musa     KFA     Yakub Lai Gobir     Rafiu Ajakaye     National Party Of Nigeria     Kwara Teaching Service Commission     Ahmad Olanrewaju Belgore     Isiaq Khadeejah     Ilorin Central Mosque     Sheikh Ridhwanullah El-ilory     Oko-Olowo     Oluwole Dupe     Oba Abdulrahim    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Baba-Isale     Muhammad Sirajo Aliyu     Kwara North     Bolaji Gambari     Tayo Awodiji     Towoju     Grillo     Share-Tsaragi     Abdulrahman Abdullahi Kayode     NNPP     Oko-Erin     Coronavirus     Yahaya Muhammad     Yusuf Lawal     Ayobami Seriki     Abubakar Bature Sulu-Gambari     Dar-Al-Handasah Consultants Ltd     Abdulsalam Firdaous Amosa     Umar Adelodun     Aishatu Ahmed Gobir     Yusuf Abdulkadir     Yusuf Arowosaye     KWASIEC     African Democratic Congress     Gbenga Olawepo     Salihu Jibril Garbi     Trader Moni     IEDPU     Omotoso     RTEAN     Mopelola Abdulmaliq-Bashir     Albert Ogunsola     Yoonus Lawal     Aliyu Muhammad Saifudeen     Shoprite     UNILORIN Alumni     Saka Asiat Ayinke     UITH     Abiodun Jacob Ajiboye     Crystal Corner Shops     Raliat AbdulRazaq     Bank Of Industry     Salihu Alhaji Musa     Olota Of Odo-Owa     Ebun-Olu Adegboruwa     Rachael Obisesan     Mohammed Danjuma     Ilorin West     Sheikh Ariyibi     Kwara State Government     Aliyu Muyideen     Aliyu Kora Sabi     Isau     Abubakar Olusola Saraki     Olatunde Michaels     Oba Sulaiman Asude     Undergraduate Bursary     ANCOPPS     Ahmed \'Lateef     Akande Idowu Ayoola Muhammed     Ilorin Emirate     Abubakar Imam     Florence Saraki     Ilorin Innovation Hub     Toyosi Thomas     Aremu Bose Deborah     Ajasse-Ipo     Unicontinental Construction Company     Babaloja-General     Bibire Ajape     Yahaya Abdulkareem Babaita     Bankole Omisore     Ilorin Water Reticulation     Tosin Saraki     Abdulganiyu Salahudeen     Opolo Global Innovation Limited     Kola Olota