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.

Obasanjo     Prince Mahe Abdulkadir     KWASSIP     Moro     Cornelius Adebayo     Henry Makinwa     Amusa Bello     Ibrahim Abduquadri Abikan     Adamu Ibrahim Sabi     Shehu Jimoh     Saheed Alakoso     NYSC     Muazam Nayaya     Sunday Fagbemi     Muideen Olaniyi Alalade     Ganmo Electricity Sub-Station     Mufti Of Ilorin     Kishira     Kwara State Health Insurance Agency     Na\'Allah     Ahmed Idris Mohammed     Bola Magaji     Sadiq Umar     Timothy Akangbe     Musibau Akanji     Umar Ayinla Saro     Garment Factory     Oju Ekun Sarumi     JAMB     Malete     Kisra     Oke-Oyi     Kwara Muslim Pilgrims Welfare Board     Razaq Atunwa     CACOVID     Erubu Oba Zubair     Fatai Garuba Labaka     Monkey Pox     Abdulkadri Ahmad Alaiye     Sardauna     Hussein Olokooba     UNILORIN Alumni     CUTI     Sam Okaula     Ibrahim Abiodun     Yusuf Abubakar     Sulu Gambari     Oluwatoyin Lukman     ITP     Toyin Saraki     Labour Party     Lawal Arinola Kudirat     Bamikole Omishore     General Hospital     Yahaya Dumoye     Bola Shagaya     Kwara Politics     Neuropsychiatric Hospital     Trade Lenda SME Fair     Abdulbaqi Jimoh     Mustapha Olanipekun     Salman Jawondo     Oba Mogaji Abdulkadir     Okin High School     Musa Yeketi     Kwara Teaching Service Commission     Abdul Jimoh Mohammed     Elekoyangan     Unilorin     Baba Idris     JAAC     Gbajabiamila     Ibraheem Abdullateef     Abdulraheem Yusuf     Aliyu Adebayo     Ayodele Shittu     Kwara South    

Cloud Tag: What's trending

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

Budo Egba     Saliu Alamoyo     Waziri Yakubu Gobir     Abdulquowiyu Olododo     Jebba     Otoge     Salihu Jibril Garbi     AbdulQowiy Olododo     Facemasks     Gani Saadu     Samuel Elizabeth Keatswa     Yusuf Abubakar     Olumide Daniel Ibitoye     Congress For National Consensus     Segun Adeniyi     Oyedepo     Michael Nzekwe     NaAllah     Jimoh Saadudeen Muhammed     Eruku     Lawal Jimoh     Ebola     Tafida Of Kaiama     Labour Party     Farouk Salim     Kayode Ishola     Garment Factory     Kayode Laro     Amina Susa\'a De Ahmed     Oyawoye     AbdulKareem Yusuf Danhawa     Imodoye Writer’s Enclave     Council Of The Wise     Onikijipa     Saliu Tunde Bello     SWAN     Lanre Aremu     Trade Lenda SME Fair     Dar-Al-Handasah Consultants Ltd     Laboratory-to-Product     IF-K     Tunde Akanbi     Deji Ajani     Sulyman Atolagbe Alege     Okin Biscuit     PharmAccess Foundation     The Herald     Kwara Restoration Project     Abdulfatah Ahmed     Olota Of Odo-Owa     Abdulmumini AbdulRazaq     Maryam Ado Bayero     Ilorin Durbar     Amasa     IsDB     Sulyman Abdulkareem     Maja     Saadu Gbogbo Iwe     Abdullahi G. Mohammad     Leke Ogungbe     AbdulGaniyu Kareem     Aasiyat Bello Oyedepo     Olusin Of Ijara Isin     Rebecca Olanrewaju     Muhammad Ghali Alaaya     Hameed Oladipupo Ali     Abdulmumin Yinka Ajia     April 11     Soffiyyallah Kamaldeen     Isiaka Abdulrazak     Yusuf Aiyedun     Sola Saraki Educational Foundation     KWASAA     Quranic Recitation Competition     Balogun Fulani     Abdulmutalib Shittu     Special Agro-Industrial Hub