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.

Yahaya Dumoye     Abubakar Olusola Saraki     Adamu Ibrahim Sabi     Baba Issa     Bisi Oyeleke     Nurudeen Mohammed     Ahmed Shuaib Buranga     University Road     Noah Yusuf     TESCOM 2025     Ilorin Innovation Hub     Olaosebikan     Eleja     Abdulganiyu Oladosu     Wahab Abayawo     Modupe Oluwole     IFK     Taofeek Sanusi     Olatunde Olukoya     Nupe     Kwara North     Saliu Tunde Bello     Paul Olawoore     Vishvas KOZ Tractors     Colleges Of Education Academic Staff Union     Ahmed Bolaji Nagode     Suleiman Alege Kuranga     Joseph Yemi Ajayi     Saudat Abdulbaqi     LABTOP     Yoonus Kola Olatinwo     Lukman Oyebanji Fagbemi     Daud Adeshola     Muhammad Mustapha Suleiman     Ekweremadu     Gbenga Awoyale     Amuda Musbau     Adeniyi Ojo     Forgo Battery     Abdulkareem Alabi     Students Union Government     National Information Technology Development Agency     Olaitan Adefila     Yusuf Lawal     Kwara Primary Health Care Development Agency     Tunde Mukaila Mustapha     Hamza Usman     Donatus Ejidike     Jumoke Gafar     Kwara Restoration Project     Transition Implementation Committee     Gaa Olobi     Taofik Abdulkareem     Crystal Corner Shops     Clara Nwachukwu     Moji Makanjuola     Yusuf Olaolu Ali     Oke Sunna     Afolabi-Oshatimehin     Funmilayo Mohammed     Garba Ado Sanni     Oke-Ero     Reuben Paraje     Dan Iya Of Ilorin     NTA Ilorin     Olatunji Bamgbola     Katibi Ibraheem Adeola     Nigerian Medical Association     Fareedah Dankaka     Yahaya Abdulkareem Babaita     AIT Ilorin     Bola Magaji     Sherif Sagaya     Playing Host     Sherif Shagaya     AbdulGaniyu Kareem     Florence Saraki    

Cloud Tag: What's trending

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

Akeem Lawal     Centre For Digital Economy     Abdulmumin Yinka Ajia     UNILORIN Alumni     Eghe Igbinehin     James Ayeni     Sheriff Olanrewaju     Tunde Yusuf     Balogin Alanamu     Funmilayo Isiaka Oniwa     Ibrahim Taiwo     Tafida     Ayeyemi Sulaiman     Ijakadi     Pakata     Senate     CUTI     Abdulrasaq Alaro     Babaita     AbdulRaheem Ahmad Shayi     Obuh     ENetSuD     T And K FOODS     Kishira     Omu-aran     Lithium     Mohammed Ibrahim     Lateef Alagbonsi     Adedeji Onimago     Adaramaja     Hajj     Sidikat Akaje     Shero     Smart School     Abubakar Baba     Jimoh Olusola Imam     Abdulrahman Onikijipa     Facebook     Kwara State Fire Service     Olawuyi     Kayode Laro     KWTV     Sobi Hill     Abubakar Imam     Mashood Abdulrafiu Agboola     Salmon Babatunde Salmon     Bolaji Abdullahi     Moshood Mustapha     Balogun Ajikobi     Special Agro-Industrial Hub     Allocation     Mohammed Saidu     Ganmo Power Sub-Station     Y.A. Abdulkareem     KwaraLearn     Olatunji Ibrahim     Yemi Sanni     Bayo Lawal     Kwara State Branch Of The National Library     Democracy Day     Ado Ibrahim     Omar Gambari     Sulyman Atolagbe Alege     Joseph Alex Offorjama     Aso Ofi     Abdulazeez Uthman     Amosa     LAK Jimoh     Savannah Centre For Diplomacy, Democracy And Development     Olateju Lukman     Goodluck Jonathan     Kola Adesina     Abdulrazaq Sanni     Elections     Adijat Adebiyi     Akorede     Bursary