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.

Sarkin Malamai     Azeez Salawu     Ejidongari     Gani Saadu     Ibrahim Mashood     Wahab Isa     Shuaibu Yaman     Galadiman Ngeri     Abdullahi Samari     MMWG     AGF Abdulrazaq     Ilorin West     Aso Ofi     Oluwatoyin Lukman     Idowu Aremu     Adamu Ibrahim Sabi     Kudirat Arinola Lawal     Afeyin-Olukuta     Hamza Usman     Mohammed Haruna     Towoju     Bibire Ajape     Ojo Fadumila     Ola Falade     Aisha Buhari     Shehu Salau     Yakubu Mohammed Abdullahi     Old Oyo     Paul Odama     Balogun Gambari     Atiku     Frootify     Eghe Igbinehi     Nigeria Customs Service     Sanitation Exercise     Deji Ajani     BIR     Oke-Ode     Senior Special Assistant On Student Affairs     Yahaya Muhammad     Aiyedun     Tafidan Kaiama     Toyin Falola     Tsaragi-Share     Roseline Oni Aremu     Oro Grammar School     Idofin     Christian Association Of Nigeria     Kaiama     Agboola Abdulraheem     Wahab Abayawo     Oyun     Bankole Omisore     Tunji Ajanaku     Ahmed     Yusuf Zulu-Gambari     Yusuf Amuda Gobir     Raji Ayodele Kamaldeen     Dorcas Afeniforo     Mope Dasuki Belgore     Vasolar Consultoria     Abdulraufu Mustapha     Balogun Fulani     Oke-opin     Bisi Oyeleke     Special Adviser On Digital Innovation     Kolawole Akande     Bayo Lawal     Suleman Abubakar     Jamila Bio Ibrahim     Adedayo Yusuf Abdulkareem     Plat Technologies Limited     Ilorin Talaka Parapo (ITP)     Muhammed Akanbi     Yusuf Abdulwahab     Gbemisola Saraki     Oyeyemi Olasumbo Florence    

Cloud Tag: What's trending

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

Iqra Books     Matthew Okedare     Waziri Yakubu Gobir     Al-Hikmah University     Rafiu Ibrahim     Owode Market     NITDA     Freshvine Nigeria Limited     Ajia-Bako     UNILORIN Alumni     Ishaq Abdulkarim     Garba Ado Sanni     Ajayi Okasanmi     Okanlawon Musa     Ilorin Amusement Park     Oyeyemi Olasumbo Florence     Aliyu U. Tilde     Issa Memunat Moyosore     Bolakale Ayo     Bashiru Makama     Saba Mamman Daniel     Ayinde Oyepitan     HYPPADEC     Agor Market     Aliyu Adebayo     Hussein Olokooba     Hameed Oladipupo Ali     UTME     Abdulrasaq Alaro     NTA Ilorin     Adewuyi Funmilayo     Suleiman Abubakar     Abraham Ojo     Ben Duntoye     Public Holiday     Ile Arugbo     Iyeru Grammar School     Ilorin Durbar     Mutawali     Abdullahi G. Mohammad     Bolaji Gambari     Modibo Kawu     Oniyangi Kunle Sulaiman     Pakata     Abdulbaqi Jimoh     Atiku     Wahab Issa     IF-K     Abdulganiyu Oladosu     Elections     Bashir Adigun     Trader Moni     Mope Dasuki Belgore     Akume     Ilorin South Constituency     Oro Grammar School     Nigerian Medical Association     Kola Olota     Maimunat Oloriegbe     Oluronke Adeyemi     NAWOJ     Funmi Salau     Yusuf Badmus     QuickWin     Nnazua     Najim Yaasin     Kisra     Kassim Babamale     Democracy Day     CCB     Iponrin     Oko Erin     Onilupeju Of Ilupeju     Ajidagba     Wahab Agbaje     Dan Iya Of Ilorin     Titus Suberu-Ajibola