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.
Olufolake Abdulrazaq Bola Tinubu Oba Abdulraheem Volunteers Of Ilorin Community And The Emirate Admiralty Villa Kayode Yusuf Alfa Modibo Belgore Tosin Saraki Bolaji Nagode Suleiman Idris Ahmad Olayiwola Kamaldeen Haliru Dantoro Oyeyemi Olasumbo Florence Kuliyan Geri Sheikh Ariyibi Mohammed Halidu Kwara North Ayodele Kuburat Olaosebikan Shehu Salau Umar Sanda Yusuf Baba-Isale Tuesday Assayomo Asa LGEA School Moshood Mustapha Bond Chemiroy Nigeria Limited Isiaka Oniwa Gambari Sabi Pakata Abdulrahman Abdullahi Kayode Adolescent Girls Initiative For Learning And Empowerment Gabriel Fashanu Offa Poly Yeketi University Road Yusuf Arowosaye Abdulrauf Yusuf International Aviation College Yusuf Abdulkadir Hajj Danhawa Kawu Mubarak Oladosu Col. Ibrahim Taiwo Olatomiwa Williams Olusola Saraki Habeeb Abdullahi Al-Ilory Bayer Nigeria Limited AbdulRazaq Abubakar Jiddah Gobir AGF Abdulrazaq Aliyu Umar Muhammed Aliyu Kwara Pdp Lola Ashiru Demola Banu Ahman Pategi University Jumoke Monsura Gafar Offa Grammer School Mukhtar Shagaya James Ayeni Chikanda Salman Suleiman Femi Ogunsola Ibrahim Jawondo Saka Asiat Ayinke Timothy Olatunde Fadipe Titus Ashaolu Oluranti Idowu Mustapha Akanbi Henry Olaosebikan Muftau Akanbi Oke Hydro-electric Power Producing Areas Development Commission Salihu Jibril Garbi International Public Sector Accounting Standards Yusuf AbdulRasheed

