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.
Elerinjare Joseph Yemi Ajayi Fatai Adeniyi Garba Talaka Parapo Umar Danladi Shero Centre For Peace And Strategic Studies Bahago Mansurat Amuda-Kannike Kwara State Football Association Jimoh Lambe Abdulkareem SWAN Taibat Ayinke Ahmed Al-Ilory Labour Party Kwara Teaching Service Commission Shaaba Lafiagi Yoonus Kola Olatinwo Idris Garba Federal Allocation Manzuma Iyabo Adisa Ibiyeye Kwara South Binta Abubakar Mora Ibrahim Abdullahi Plat Technologies Oba Abu Segun Ogunsola Kola Shittu Okala Baba Kwara Metro Park Tafidan Kaiama Hassan Saliu Farouk Salim Col. Ibrahim Taiwo Daud Adeshola Funmilayo Oniwa Femtech Abdulmumini Jawondo Kwasu Elese Of Igbaja Yusuf Zulu-Gambari Chief Imam Of Lafiagi Fatima Abolore Jimoh Garba Idris Ajia Abdullahi Saadudeen Alikinla YAKOOYO Colleges Of Education Academic Staff Union Women For Change And Development Initiative Ilorin Innovation Hub Lithium Owode Market Riskat Opakunle Baba Adini Of Kwara State General Tunde Idiagbon International Airport Ilorin Reuben Paraje Bature Bello Ahmad Ali Revenue Court Segun Adeniyi Savannah Centre For Diplomacy, Democracy And Development Obuh Yahaya Seriki Gambari Madawaki Ilorin Anchor Men And Women Suleiman Mora Omar Olokoba Razaq Atunwa Sobi Hill Special Adviser On Digital Innovation Saadu Alanamu Funmilayo Zubair Abubakar Baba Amina El-Imam PharmAccess Foundation Olubukola Kifayat Adedeji Valsolar Illyasu Abdullahi

