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.

Amos Sayo     Olupako     Chief Imam Of Omu-Aran     Saka Adeyemo     Muhammad Toyin Sanusi     Sam Onile     Geri-Alimi Split Diamond Interchange     Bello Taoheed Abubakar     Apaola     Ahmad Lawan     Code Of Conduct Tribunal     Raliat Elelu-Habeeb     Jani Ibrahim     Ganiyu Abolarin     The Herald     N-Power     Hamza Usman     Ministry Of Women Affairs And Social Development     Babatunde Ajeigbe     Bond     Aisha Ahman-Pategi     Odo-Owa     Ibrahim Sulu Gambari     Muhammad Ghali Alaaya     COVID     Yoonus Kola Olatinwo     Abdulwahab Oba     Ajuloopin     Bola Tinubu     Sai Kayi     Femi Agbaje     Yekeen Alabi     Emir Of Kano     Ogbondoroko     Olaosebikan     Oluwarotimi Boluwatife Adenike     Hassan Abdulazeez Elewu     Idris Amosa Saidu     Abubakar Bature Sulu-Gambari     Tunde Saad     College Of Education     Toyosi Thomas     Alloy Chukwuemeka     Olufolake Abdulrazaq     Kayode Zubair     Razak Atunwa     Abdulrazaq Sanni     Olaiya Zuberu     Ahmad Olayiwola Kamaldeen     Okiki     Kwara Primary Health Care Development Agency     Mustapha Akanbi     Saka Asiat Ayinke     Shururat Olatinwo     Oke-Ogun     Ilorin Emirate Staff Association     AbdulRazaq Jiddah     Elesie Of Esie     Muideen Olaniyi Alalade     Yahaya Seriki     Galadiman Ngeri     Budo Egba     Sola Saraki Educational Foundation     Adesina Simon Sodiya     Afonja Descendants Union     Onilorin     Abubakar Olusola Saraki     Razaq Atunwa     Joseph Yemi Ajayi     Baboko     Summit University     Sadiq Umar     Sabi     Manzuma     KWAFFA     Fareedah Dankaka     CLAY POT    

Cloud Tag: What's trending

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

Post-utme     Arinola Fatimoh Lawal     Sambo Murtala     Igbaja     C2c@kwarastate.gov.ng     Abdulazeez Uthman     Adamu B. Yaqubu     General Tunde Idiagbon International Airport     ARMTI     Usman Rifun     Baba Idris     N-Power     Taibat Ayinke Ahmed     Dasuki Belgore     Government Girls’ Day Secondary School Pakata     Olugbense     Saheed Alakoso     COVID-19 Palliatives     Ajayi Okasanmi     Pakata Development Association     IHS Towers     Tunji Arosanyin     Alabi Lawal     Fawenu     Kwabes     Kwara TV     Ilorin Descendants Progressive Union     Sunday Otokiti     Shaaba Lafiagi     Asa LGEA School     Aisha Abodunrin Ibrahim     Olokoba Sulyman     Aliyu Kora-Sabi     Ademola Kiyesola     Bureau Of Lands     Solomon Edoja     Bayo Ojo     HICA     Yakubu Gobir     Ibrahim Abdulkadir Abikan     Presidential Election     High Court     Oko-Erin     Muhammad Ghali Alaaya     Ayo Opadokun     Hausa     Doyin Awoyale     Lanwa     Kwara Politics     Saadu Gbogbo Iwe     Eleja Taiwo Banu     Manzuma     Ilorin International Airport     Dankaka     Issa Oloruntogun     Sulyman Age AbdulKareem     Irepodun     Ejidongari     Kwara Basketball Association     March 28     Aliyu Salihu     Taofik Mustapha     Olatunji Ayeni     Obuh     Kayode Laro     FERMA     Hamidu Olowo     Tunji Moronfoye     Sarafadeen Kayode Akorede     Opaleke Bukola Iyabo     Olofa Of Offa     AbdulRazaq Jiddah     Abdulmumini Sanni Jawondo     Law School Scholarship     Abubakar Usman Jos     Abdulrahman Iliasu     Sobi FM