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.

Jelili Yusuf     Toyosi Thomas     Erin-ile     Abdullahi AbdulMajeed     Saka Asiat Ayinke     Abdulazeez Arowona     Mustapha Akanbi     Ibrahim Sulu Gambari     Isapa     Press Release     Zulu Gambari     Democracy Day     Apaola     Kwara Teaching Service Commission     IHS Towers     Ophthalmological Society Of Nigeria     Afonja     Ilorin Water Reticulation     Musa Yeketi     Mutawalle     Kannike     Turaki Of Ilorin     Kawu     Hassan Saliu     Kunle Akogun     Onilorin     Wasiu Odewale     Ifelodun     Ayeyemi Sulaiman     Saliu Shola Taofeek     Iyaloja-General     Young Progressives Party     Fatai Adeniyi Garba     Kayode Oyin-Zubair     Maigidasanma     IFK     Kale Bayero     Olufolake Abdulrazaq     Yusuf AbdulRasheed     Abdullahi G. Mohammad     Abubakar Olusola Saraki     Kayode Bankole     Alfa Modibbo Belgore     Oluranti Idowu     Academic Staff Union Of Universities     Umaru Saro     Chartered Institute Of Personnel Management Of Nigeria     Kwara 2023     Student Learning Support Helpline     Toyin Falola     KWIRS     Kwara Metro Park     HYPPADEC     Tunji Arosanyin     Lithium Deposit     AGF Abdulrazaq     Third Estate     Valsolar Consultoria     ER-KANG     Medview Airlines     Adesoye     Isiaka AbdulRazaq     AbdulRazaq AbduMajeed Alaro     Garba Dogo     Haliru Yahaya     Seun Bolaji     Shettima     Siddiq Adebayo Idowu Salawu     Okedare     Issa Oloruntogun     Razaq Ayobami Akanbi     Peculiar Allowance     Baruten     International Vocational Centre     Kolade Solagberu     Mubarak Oladosu     Galadiman Ngeri    

Cloud Tag: What's trending

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

Sunday Popo-Ola     Sunday Otokiti     Okin Group     Aminat Ahmed     Tunde Yusuf     Haashim Initiative For Community Advancement     Umar Saro     Ilorin Central Mosque     Baba Isale     Emir Of Yashikira     Aso Ofi     Gaa Olobi     Ayoade Akinnibosun     Ojo Fadumila     Salihu Jibril Garbi     Ilorin Likeminds Foundation     NITDA     Ayinde Oyepitan     Hakeem Lawal     Muslimah Entrepreneurship Forum     Rashidi Yekini     Umar Gunu     Olayinka Oladapo Jogunola     Ayo Adeyemi     Olabimpe Olani     Nigeria Governors\' Forum     Suleman Abubakar     Abdulmumini AbdulRazaq     Kazeem Adekanye     Susan Modupe Oluwole     Assayomo     Aliyu Olatunji Ajanaku     JMK Construction Company Limited     Mohammed Yahaya Barki     Ibrahim Abikan     Olaitan Buraimoh     Hydro-electric Power Producing Areas Development Commission     Borgu     Jimoh Lambe Abdulkareem     Saliu Mustapha     Okala Baba     Abdulhakeem Amao     Abdulrasheed Akogun     Congress For National Consensus     Javed Khan     Adegoke Bamidele     Sarkin Malamai     Olaitan Adefila     Aisha Abodunrin Ibrahim     Kwara-SAPZ Project     Shuaib Jawondo     Monsurat Omotosho     Yeketi     Kwara State Football Association     Bolakale Saka     Abiodun Musa Aibinu     Hamza Usman     Mogaji Aare     Ahmed Shuaib Buranga     NaAllah     Olatunde Oyeyiola     Sabitiyu Grillo     Ajike People Support Centre     Yusuf Zulu-Gambari     Abdullahi Adisa Akodudu     Olayinka Olaogun     Abdullahi Imam Abdullahi     Okeose Christian Cementary     Hassan Oyeleke     Olaoye B. Felix     Alfa Belgore     Tuesday Assayomo     Mary Kemi Adeosun     Ilorin South     Maryam A. Garuba     Lanre Issa Onilu     Ayotunde Emmanuel Alao