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.

AbdulHakeem Ajibola Akanbi     Mansur Alfanla     Belgore     SWAN     Bashir Omolaja Bolarinwa     Doyin Group     Modupe Oluwole     Bello Taoheed Abubakar     Saliu Ajia     Halimah Perogi     GANZY     Split Diamond Interchange     Sidikat Akaje     Fareedah Dankaka     Bayo Lawal     Micheal Imoudu     Oniwa     Isaac Aderemi Kolawole     Majlis For Sadaqah, Zakat And Waqf     Chief Imam Of Lafiagi     Sola Saraki University     Femi Agbaje     George Funsho Adebayo     ER-KANG Mining Nigeria Company Limited     Abdulrahman Abdulrasak     Ogidi-Oloje     JAAC     Olawuyi     Bareke     Federal Polytechnic Offa     Garuba Alikinla Shittu     Funmilayo Braithwaite     Anilelerin     Abubakar Imam     Fatimoh Lawal     Saka Aleshinloye     Kwara State Governor     Baba Isale     Musa Aibinu     Aisha Gobir     Odo-Owa     Ayo Opadokun     James Kolo     Olofa Of Offa     Okiki     Salman Suleiman     Amasa     Zainab Abass     Bolaji Gambari     Balogun Ajikobi     Oyeyemi Olasumbo Florence     Umaru Saro     Innocent Okoye     Taofik Abdulkareem Babaita     Hamidu Olowo     ER-KANG     Talaka Parapo     Kwara State Printing And Publishing Corporation     Yashikira     AbdulRaheem Ahmad Shayi     Razaq Ayobami Akanbi     Ahmad Lawan     Okedare     Kwara State Fish Farmers Association     Coronavirus     Abdulganiyu Salahudeen     Lanre Badmus     Ibrahim Abdullahi     Yomi Ogunsola     Saidu Kawu     Afusat Nike Ibrahim     Olatunji Moronfoye     Saadatu Modibbo-Kawu     Sai Kayi     Alapansapa     Bashirat Bola Bello     Kwara State Television    

Cloud Tag: What's trending

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

A.E. Afolabi     Ilorin East/South Federal Constituency     Nurudeen Mohammed     Alaiye     Balogun Ajikobi     Yusuf Abdulkadir     Musa Alhassan Buge     Wahab Issa     Pakata Development Association     COEASU     Olayinka Oladapo Jogunola     Bamidele Adegoke     Bolaji Abdullahi     Adaramaja     Alaaya     Funmilayo Zubair     IEDPU     Abdulrasheed Lafia     Bayo Lawal     John Kehinde Salako     Ilorin.Info     Amule Elementary School     Aliyu Kora-Sabi     Jeunkunu-Malete-Bani     Awili Pedro     Lucky Omoluwa     Ibrahim Mohammed     Ibrahim Mashood     Okin High School     Saadu Alanamu     Olusola Saraki     Balikis Jawondo     Nagode     Kamaldeen Gambari     Aso Ofi     Ahmed     Monkey Pox     Isiaka Rafiu Mope     Olayinka Olaogun     2023 Elections     Idiagbon     Apado     Ibrahim Labaika     Noah Yusuf     Guber Aspirant     Isiaka Abdulrazak     Abubakar Imam     Ilorin Talaka Parapo (ITP)     Tanke Road     Alloy Chukwuemeka     Mustapha Olanipekun     Babs Iwarere     Lithium     Issa Manzuma     Segun Adeniyi     Muhammad Mustapha Suleiman     Fola Consultant     Aminu Adisa Logun     Tanke Flyover Bridge     Abubakar B.M     Kayode Alabi     Aremu Bose Deborah     Chief Imam Of Lafiagi     Abdulrahman Iliasu     Medinat Folorunsho Salman     Vasolar Consortium     Mahmud Ajeigbe     Facebook     Yusuf Abdulraheem     Gbugbu International Market     Baruten     Abdulrasaq Alaro     Ilesha-Baruba     COVID     Kale Bayero     Tunde Oyawoye     Post Utme