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.

JUSUN     Elerin Of Adanla Irese     Kwara State Government     Okin Malt     John Mayokun Dada     NIRSAL     Nurudeen Mohammed     Ibrahim Abdulkadir Abikan     Pilgrims Board     Suleiman Abubakar     CUTI     Aisha Buhari     Olayinka Oladapo Jogunola     Maryam Nurudeen     Ahmed Bayero     IHS     Lola Ashiru     Monkey Pox     Rasheed Jimoh     Saka Keji     Abubakar Ndakene     Babatunde Idiagbon     Zainab Abass     Government High School (GHS), Adeta     Shoprite     Zulu Gambari     Yakubu Shaaba     Alfa Yahaya Road     Moremi High School     Akeem Olatunji     Habeeb Abdullahi Al-Ilory     Ilorin Emirate Staff Association     Adesoye College     KW-GIS     Mahmud Babatunde Baker     Sardauna Of Ilorin     Rafiu Ajakaye     Joshua Adeyemi Adimula     Timothy Olatunde Fadipe     Muyideen Ajani Bello     Adebara     Busari Toyin Isiaka     Arca Santa     IYA YUSUF     Asiwaju Bola Tinubu     Yomi Adeboye     Alimi Abdulrazaq     Idris Amosa Saidu     Kwha.gov.ng     Olajumoke Monsura Gafar     Muslim Media Watch Group Of Nigeria     Mohammed Yisa     Illyasu Abdullahi     Yusuf Amuda Abubakar     Lola Olabayo     Budo Egba     Taiwo Joseph     Abdulraufu Mustapha     Olufolake Abdulrazaq     Orire     Magaji Nda     Maigida Soludero Transit     Saad Omo Iya     Eleja     Sambo Murtala     Yomi Ogunsola     Abdulganiyu Oladosu     Joseph Daudu     Moji Makanjuola     Ilorin Metro Park     Ahmed \'Lateef     Volunteers Of Ilorin Community And The Emirate     Lukman Oyebanji Fagbemi     Adamu Ibrahim Sabi     Kola Ologbondiyan     Garment Factory     SAPZ Project    

Cloud Tag: What's trending

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

Ilorin     Apata Ajele Secondary School     Lawal Arinola Kudirat     Abdulmumini AbdulRazaq     Idris Garba     Kwara State Infrastructure Development Fund     Jimoh Olusola Imam     PAACO-PCL Consortium     Hameed Oladipupo Ali     Fola Consultant     Ophthalmological Society Of Nigeria     Idofin     Tsaragi-Share     Omu-aran     Metro Park     Saliu Ajibola Ajia     Agbarere     Ilorin International Airport     Kale Ayo     Awwal Jawondo     Omoniyi     Valsolar     Kayode Ibrahim     Rasaq Jimoh     Bola Magaji     Saba Jibril     Aremu Bose Deborah     Igbaja     Ajia-Bako     Christopher Odetunde     Dele Momodu     VADA     Kwha.gov.ng     Islamic Development Bank     Yusuf Abdulraheem     Victor Gbenga Yusuf     Sidikat Alaya     John Kehinde Salako     Ibrahim Issa Jetti     Bolakale Saka     Ilorin Curfew     Ola Falade     Tafida Of Kaiama     Isiaka Abdulrazak     Ogbondoroko     AbdulHamid Adi     Sunday Otokiti     Sheu Ndanusa Usman     Olofa Of Offa     Park     Hauwa Nuru     Kayode Alabi     Yakubu Gobir     Oyin-Zubair     Moronfoye     EFCC     Salihu Jibril Garbi     Kwara State Branch Of The National Library     Musa Aibinu     Nigerian Supreme Council For Islamic Affairs     Tunde Idiagbon Road     Pakata     Adegoke Bamidele     Abdul-Rasheed Na\'Allah     Isapa     Oba Abdulrahim     Laboratory-to-Product     Oyun     Babatunde Ajeigbe     Umar Saro     General Hospital, Offa     Eruku     Yusuf A. Usman     Fareedah Dankaka     Mohammed Tunde-Jimoh     Government House     11th Galadima