Kwara Ram Sellers Attribute High Prices to Fuel Subsidy Removal
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.
Wasiu Onidugbe Mumeen Lah KwaraLearn Kwara Hotel Sheikh Ridhwanullah El-ilory Azeez Salawu UNILORIN Alumni Risikat Lawal Damilola Yusuf Saliu Ajia Saba Mamman Daniel Okoolowo Sidikat Akaje Susan Modupe Oluwole Adekunle David Dunmade Bahago Sambo Murtala Lithium Women For Change And Development Initiative Oniyangi James Kolo Bolaji Aladie 2023 Elections Aliyu Muhammad Saifudeen Aisha Ahman-Pategi Ayodele Kuburat Olaosebikan Memunat Monsuma Oba Of Jebba Harmony Holdings Alabi Lawal Press Release Titus Suberu-Ajibola Bilikisu Oniyangi Baruten TESCOM 2025 Kwara State Branch Of The National Library Quareeb Islamic Association Yusuf Abdulkadir Buhari ASKOMP Deji Ajani Lawal Jimoh Aliyu Kora-Sabi Adeleke Ogungbe Tunji Moronfoye Amosa Musa Ayinla Yeketi Opolo Global Innovation Limited TESCOM Baboko The Herald Esinrogunjo Sheriff Shagaya Abdulhakeem Adelaja Amao Abubakar Imam Funmilayo Isiaka Oniwa Saliu Ajibola Ajia Isin Alabere Kwara State Internal Revenue Service Wahab Egbewole Salman Jawondo Roheemat Hammed Abdulganiyu Oladosu Olatunde Olukoya Eghe Igbinehin Kwara-SAPZ Project Mohammed Yahaya Barki Adedeji Onimago Abdulrasaq Alaro Ayodele Shittu Issa Baba Umar Ayinla Saro SWAN Adamu Jemilat-Baki Ganmo Power Sub-Station Ibrahim Gambari

