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.

Ahman Pategi University     Rebecca Bake     Mohammed Yisa     Mohammed Jimoh Faworaja     Kola Ologbondiyan     Yeketi     Bluenile Associates     Gbenga Olawepo     Third Estate     Plat Technologies     Surajudeen Akanbi     Kwarareports.com     Veterinary Teaching Hospital     Agor     Gamji Members Association     Simeon Sayomi     Kulende     Kolo     Apata Ajele Secondary School     Aliyu Muhammed     Government High School Adeta     Baboko     Oba Of Jebba     Transition Implementation Committee     Law School Scholarship     KWIRS     Ahmed \'Lateef     AbdulRazaq AbduMajeed Alaro     Afusat Nike Ibrahim     Modibbo Kawu     Lateef Ademola Olatunji     Segun Ogunsola     UNILORIN Alumni     Minimum Wage     Bolaji Gambari     Olatunji Abdulmumeen     Ramadan     Jeunkunu-Malete-Bani     Ibikunle Ogunleye     Ahmad Uthman     Alfa Modibbo Belgore     Saadu Yusuf     Owu Fall     Fatai Garuba Labaka     Toyin Saraki     Hassan A. Saliu     Afonja Descendants Union     Oyin-Zubair     Jimba Babatunde     Emir Of Yashikira     Ibrahim Abdulqadir Abikan     NNPP     Yusuf Badmus     KWASAA     Oniye     Ejidongari     Shade Omoniyi     Musa Aibinu     Flights To Ilorin     Muslimah Entrepreneurship Forum     Balogun Ajikobi     Shero     Adaramaja     Omotoso Musa     Rebecca Olanrewaju     ASMAU PLAZA     Abdullahi Imam Abdullahi     Habeeb Abdullahi Al-Ilory     Bayo Mohammed Onimode     Musa Alhassan Buge     Kisira     Illyasu Abdullahi     Gbugbu     Tsaragi/Share     Government High School (GHS), Adeta     Ahmed Mohammed Rifun     Igbaja    

Cloud Tag: What's trending

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

Lateef Alagbonsi     Sobi Hill     PharmAccess Foundation     Mogaji Aare     Muhammad Ghali Alaaya     Ayekale     Isiaq Khadeejah     Asa LGEA School     Saad Omo\'ya     Emir Of Kano     Hameed Oladipupo Ali     Sheu Ndanusa Usman     Kumbi Titilope     United Nigeria Airline     Saidu Isa     Olabanji Orilonishe     Abdullah Janet Amudat     Solomon Edojah     Jide Ashonibare     Shururat Olatinwo     Abdulmalik Bashir Mopelola Risikatullahi     Kanu Agabi     Christopher Odetunde     ER-KANG Mining Nigeria Company Limited     Ojo Fadumila     20 Billion Bond     Face Masks     Abubakar Imam     Computer Based Test     Ubandawaki     Olayinka Jelili Yusuf     Adam Abdullahi Al-Ilory     Kunle Okeowo     Idofin     Roseline Oni Aremu     Lai Mohammed     Bashir Adigun     Ministry Of Women Affairs And Social Development     Prince Bola Ajibola     Hydroelectric Power Producing Areas Development Commission     Ishola Moses Abiodun     Garuba Alikinla Shittu     Pacify Labs     Wahab Kunle Shittu     Yahaya Seriki Gambari     Idiagbon     Lafia Aliyu Korasabi     Dan-Kazeem     Plat Technologies     Akande Idowu Ayoola Muhammed     Gobir Organization Foundation     Kwara Liberation Group     Abatemi-Usman     Oko     Arinola Fatimoh Lawal     Lukman Oyebanji Fagbemi     Jare Olatundun     Vasolar Consortium     Raliat Islamic Foundation     Lai Gobir     Abdul-Rahoof Bello     Oyedepo     Kwara University Of Education     AbdulRazaq Abubakar Jiddah     Apado     MINILS     Rafiu Ibrahim     Balogun-Ojomu     Biliaminu Aliu     Bahago     Musa Yeketi     Flights To Ilorin     Afolabi-Oshatimehin Adenike Harriet     Olabimpe Olani     AGM Professional Services     Shero     Ghali Muhammed