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.

Aisha Abodunrin Ibrahim     College Of Arabic And Islamic Legal Studies     Odolaye Aremu     School Of Nursing     Simon Sayomi     Elerinjare     Ibrahim Mashood     Folajimi Aleshinloye     Kayode Oyin Zubair     Emir Of Lafiagi     College Of Health     Yakubu Dogara     Omoniyi Ayinla     Prince Sunday Fagbemi     Leke Ogungbe     Muritala Awodun     Adamu B. Yaqubu     Bursary     Salman Alada     Olaitan Buraimoh     Lucky Omoluwa     Ajeigbe     Isin     Funmilayo Zubair     Makama Of Kaiama     Abdullahi Samari     KWSIEC     ER-KANG Mining     Col. Adedipe     Adesina Simon Sodiya     Post Utme     Yusuf Abdulwahab     Nigerian Medical Association     Ibrahim Sulu Gambari     Razak Atunwa     Musa Ayinla Yeketi     Shehu Salau     Sheikh Hamzat Yusuf Ariyibi     Folaranmi Aro     Alabe     Aisha Gobir     Olufolake Abdulrazaq     11th Galadima     Democracy Day     Mansur Alfanla     Tsaragi/Share     Yusuf Amuda Gobir     International Public Sector Accounting Standards     AIT Ilorin     Ile Arugbo     Towobola Abdulrahman Toyin     Rotimi Atere     Tafida     Mohammed Ghali Alaaya     Omotosho     Ibrahim Bio     Offa Descendants Union     Hydro-electric Power Producing Areas Development Commission     Jimoh Olusola Imam     Ekweremadu     Muhammed Mahe Abdulkadir     Aremu Odolaye     Talaka Parapo     Shuaibu Yaman     NIPOGA     Dar-Al-Handasah Consultants     Alimi     Kale Ayo     Savannah Centre For Diplomacy, Democracy And Development     Bluenile Associates     Afin Descendants Union Of Odo-Owa     Kassim Babamale     Lawal Olohungbebe     Kwara Liberation Group     KWAFFA     Aliyu Salihu     Aishat Sulu-Gambari    

Cloud Tag: What's trending

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

Oyedepo     COEASU     Mahee Abdulkadir     Basit Olatunji     Arca Santa     Oke-Ode     Kwara State Pension Board     Mufti Of Ilorin     Albert Ogunsola     Victor Gbenga Yusuf     Ahmed Alhasssan     Saudat Abdulbaqi     Matthew Babaoye     Alabere     Jare Olatundun     Abdul Jimoh Mohammed     Salami Adekunle     Ajayi Okasanmi     Countryside Emerging Leaders Fellowship     Sulaiman Gado     Ishaq Salman     Ilorin Talaka Parapo (ITP)     Segun Olawoyin     Zulu Gambari     Alimi Abdulrazaq     Diagnostic Centre     Kawu     Olaoye B. Felix     Jaigbade Alao     Aliyu Olatunji Ajanaku     Omoniyi     Riskat Opakunle     Aremu Bose Deborah     Special Adviser On Digital Innovation     Hikmah AbdulKareem     Is\'haq Modibbo Kawu     Isiaka Alikinla     Lanre Issa-Onilu     Mohammed Katsina Ahmed     Segun Adeniyi     Mustapha Olanipekun     Ballah     Bola Ahmed Tinubu     Kishira     National Association Of Nigerian Students     Abraham Ojo     Fareedah Dankaka     Olayinka Jelili Yusuf     Mogaji Aare     CUTI     Elerin Of Erin-Ile     Akeem Olatunji     Joseph Bamigboye     Post-utme     Kazeem Gbolagade     Funke Adedoyin     Seun Bolaji     Sobi FM     Saadu Gbogbo Iwe     High Court     Vasolar Consultoria     Labaeka     Zaratu Umar     Balikis Jawondo     Adam Abdullahi Al-Ilory     Abdulazeez Arowona     Wasiu Odewale     Olusin Of Ijara Isin     Kwarareports     Gbugbu     Abdulkadir Bolakale Sakariyah     Kolade Solagberu     Yeketi     Ajia-Bako     Abdulquawiy Olododo     Onilupeju Of Ilupeju     National Broadcasting Commission