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.

Hijab     Col. Ibrahim Taiwo     Saadatu Modibbo-Kawu     United Nigeria Airline     Babajide Ajayi     Baba Issa     Olumide Daniel Ibitoye     Flights To Ilorin     Ilorin Innovation Hub     Ahmed Ayinla Jimoh     Lateef Alagbonsi     Emir Of Shonga     UTME     Abdulkadir Remi Hawawu     Salman Alada     Otuka     Muideen Olaniyi Alalade     Haruna Olawale Sulaiman     Offa Grammer School     N-Power     Prince Bola Ajibola     Ilorin     Sai Kayi     Gbenga Adebayo     Abdulsalam Firdaous Amosa     National Party Of Nigeria     Ibikunle Ogunleye     Read With Me     Tosho Yaqub     Yaru     Durosinlohun Kawu     Trade Lenda SME Fair     Imam Gambari     Grillo     James Kolo     Omar Gambari     Hamidu Olowo     Garba Ayodele Wahab     Eghe Igbinehin     Sidikat Akaje     Awodun     Okoolowo     Muyideen Ajani Bello     Oko-Olowo     Edret Sabi Abel     Muslim Media Watch Group Of Nigeria     African Democratic Congress     Zulkifli Ibraheem     Yusuf Amuda Aluko     Muritala Olarewaju     KwaraLearn     Muhammad Yahya     Kisra     Abegunde Goke     Dan Iya Of Ilorin     Fatima Abolore Jimoh     Abdulrazaq Solihudeen     Salihu Yahaya     Yakub Ali-Agan     Henry Olaosebikan     Wahab Olasupo Egbewole     Face Masks     Kwabes     Volunteers Of Ilorin Community And The Emirate     Shuaib Abdulkadir     Abdulkadri Ahmad Alaiye     Kamoru Kadiri     Mohammed Danjuma     Galadima     Nigerian Supreme Council For Islamic Affairs     Saliu Ajibola Ajia     Kwara State Printing And Publishing Corporation     Moronfoye     Moshood Bakare     Share     Kazeem Oladepo     Oba Abdulkadir La\'aro    

Cloud Tag: What's trending

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

Shuaib Jawondo     Undergraduate Bursary     Mohammed Halidu     Memunat Monsuma     Yusuf Babatunde Abdulwahab     Paul Odama     AbdulRazaq AbduMajeed Alaro     David Oyepinola Adedumoye     Code Of Conduct Tribunal     Yakubu Dogara     Gabriel Fashanu     Ilorin     Prince Sunday Fagbemi     Kayode Bankole     Ademola Kiyesola     Kwara TV     Kwara Teaching Service Commission     Bank Of Industry     Oloje     Abubakar Abdullahi Bata     Oyedun Juliana Funke     Ibrahim Abdulqadir Abikan     Abdulrauf Aliyu     Kwara South     Shuaib Boni Aliyu     Eruku     Ndama Al-hassan     Kassim Babamale     Owode Market     Hassanat Bello     Abubakar Imam     Tayo Alao     Forgo Battery Company Limited     Ahmed \'Lateef     Bareke     Basic Education Certificate Examination     N-Power     Akeem Lawal     Kwara NIPR     Popo-Igbonna     CCEPE     Afin Descendants Union Of Odo-Owa     Olajumoke Monsura Gafar     TIIDELab     Muhammed Danjuma     Students Union Government     Ilorin South     Jamila Bio Ibrahim     Omotoso     Innocent Okoye     Kwha.gov.ng     Muslim Cementary     Olayinka Jelili Yusuf     Haliru Yahaya     Haruna Olawale Sulaiman     Photo News     Saheed Akinwumi     Ayedun     Bello Oyebanji     Amule     Ahmed Idris Mohammed     BIR     Ilorin Amusement Park     Olumide Daniel Ibitoye     Muslim Stakeholders Of Kwara State     Abdulrauf Yusuf     Ijagbo     Adamu Attah     Najim Yaasin     Metro Park     Kwara Central     Michael Ologundea     Ayotunde Emmanuel Alao     Oladimeji Thompson     Yusuf Arowosaye     Ayodele Olaosebikan     ENetSuD