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.

Abdul-Rasheed Na\'Allah     Sadiq Umar     Earlyon Technologies     Rotimi Oyedepo     Durbar     Ahmed Saidu Rufai     Muhammad Akande Olarewaju Odunade     Kunle Akogun     Ahmed Ayinla Jimoh     Islamiya Abdulraheem     Marafan Shonga     Adamu Atta     Aminat Ahmed     Bank Of Industry     John Kehinde Salako     Isiaka Abdulrazak     Saliu Ajibola Ajia     Abdullahi Adisa Akodudu     Saliu Alamoyo     Kwara 2015     Idris Amosa Saidu     Oya State     Ilorin Water Reticulation     ARMTI     Association Of Kwara State Online Media Practitioners     Dauda Adesola     Olanrewju Okanlawon Musa     Oni Adebayo     Nigerian Correctional Service     Razaq Atunwa     Colleges Of Education Academic Staff Union     Mazars Consulting     Jebba     Ilorin Innovation Hub     IPSAS     SGBN     Kwabes     Umar Sanda Yusuf     ER-KANG Mining Nigeria Company Limited     Emir Of Lafiagi     Paul Odama     Jimoh Bashir     Abraysports FC     Baba Issa Awoye     Kwara North     Senate President     Sulyman Age AbdulKareem     Lai Gobir     Asa     Mohammed Tunde-Jimoh     Towobola Abdulrahman Toyin     Onikijipa     Siddiq Adebayo Idowu Salawu     Buari Edun     Ita-Ore     Vasolar Consortium     Hassan Abdulazeez Elewu     Haliru Dantoro     Freshvine Nigeria Limited     Oladipo Akanmu Tolani     Yakubu Danladi     Babata     Dunmade     Yusuf Aiyedun     Isiaka Gold     Gambari     Ophthalmological Society Of Nigeria     Sheikh Ariyibi     Ebun-Olu Adegboruwa     Saheed Akinwumi     Abubakar Baba     MAI Akande     KWATMA     Abdullahi G. Mohammad     Shuaib Olarongbe     Lanre Issa Onilu     Kwara State University Of Education    

Cloud Tag: What's trending

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

NIPOGA     Gbugbu     Abdulkarim Adisa     Abubakar Aliagan     Agbarere     Jamiu Oyawoye     School Of Nursing     Balogin Alanamu     Ekiti     Oyelere Oyinloye     Sobi FM     Islamiya Abdulraheem     Principal Private Secretary     Isiaka Yusuf     Muritala Olarewaju     Mufti Of Ilorin     Ishak Mohammed Sabi     Offa     Albert Ogunsola     General Hospital, Offa     IEDPU     Coronavirus     Saad Belgore     Stephen Fasakin     Abdulrauf Aliyu     Tunde Yusuf     Ndakene     Mustapha AbdulGaniyu     Babs Iwarere     Omoniyi M. Ayinla     Isin     Kwara State Council Of Chiefs     Fatima Abolore Jimoh     Hajj     Chief Imam Of Offa     KSIRS     Offorjama     Hassanat Bello     Senior Special Assistant On Student Affairs     IQRA College     Kwara     Government High School (GHS), Adeta     Rafiu Ajakaye     Afetu Of Alabe     Yusuf A. Usman     HAMFAT Clinic And Maternity     V.O. Abioye     Oba Of Jebba     Oloruntoyosi Thomas     Tunji Olawuyi     CACOVID     Ado Ibrahim     Offa Metropolitan Club     Razak Atunwa     Galland Marcias     Ijakadi     Abdulrasaq Alaro     Chikanda     Busari Alabi Alausa     Kwara Metro Park     Tafida Of Ilorin     Ayinke Saka     Olumide Daniel Ibitoye     TVC Female National Debate     TIIDELab     Raliat AbdulRazaq     Dankaka     Salihu Alhaji Musa     Kaiama     Kubra Kazum     Onikijipa     Madawaki     Nigerian Medical Association     Micheal Imodu-Ganmo Road     Ahmed \'Lateef     Bashirat Bola Bello     Soffiyyallah Kamaldeen