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.

All Confederation Of Principals Of Secondary Schools     Kulende     Muhammadu Gobir     Afolasade Opeyemi Kemi     Ijagbo     CCEPE     Abdulganiy Abimbola Abdussalam     National Union Of Road Transport Workers     Kawu Baraje     Veterinary Teaching Hospital     Olukotun Of Ikotun     Kwara State Fire Service     Col. Taiwo     Abiodun Jacob Ajiboye     General Hospital     Ilota     Saliu Ajibola Ajia     Shuaib Olarongbe     Ojuekun Sarumi     TIIDELab     Ojuekun     Olosi Of Osi     Oba Mogaji Abdulkadir     April 11     Principal Private Secretary     Samari     Aishat Sulu-Gambari     Kazeem Adekanye     GAMA     Aminu Ado Bayero     Senate Presidency     Ishola Moses Abiodun     Bashir Adigun     Jeunkunu-Malete-Bani     Kwara     Balogun Ajikobi     Rapheal Ashaolu     Kwara Consultative Forum     IFK     Oba David Oyerinola Adedunmoye     Ayodele Olaosebikan     Sabitiyu Grillo     Park     Hassan Taiye Salam     Ganmo     Ethical College     Saidu Isa     NFAI     Abatemi-Usman     Kwasu     Gwanara     Kamoru Kadiri     Abdulganiyu Oladosu     Arinola Fatimoh Lawal     Wahab Agbaje     Oluranti Idowu     Opaleke Bukola Iyabo     Umar Ayinla Saro     Centre For Community Empowerment And Poverty Eradication     Quran     Christian Association Of Nigeria     Shuaib Boni Aliyu     Opolo Global Innovation Limited     Muhammad Toyin Sanusi     Third Estate     Osi     Laboratory-to-Product     SWAN     Kishira     ER-KANG     Kanu Agabi     KWAFFA     Kolade Solagberu     Monthly Sanitation     Bello John Olanrewaju     Omar Bolaji Gambari     Junior Secondary School Certificate Examinations    

Cloud Tag: What's trending

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

Jimoh Akani     Abdulquowiyu Olododo     Akande Idowu Ayoola Muhammed     Yakubu Dogara     Elewu     Idris Amosa Oladipo Saidu     Olupako     Bilikis Oladimeji     Kayode Alabi     Federal College Of Education (Special), Afon     Elerinjare-Ibobo     Eruku     Ibrahim Abiodun     Muslim Stakeholders Of Kwara State     Prince Mahe Abdulkadir     Kubra Kazum     Abdulsalam A. Yusuf     Biliaminu Aliu     EndSARS     V.O. Abioye     Bola Olukoju     Durbar Festival     Muhammed Akanbi     Garment Factory     Seed Technologies     Sa\'adatu Modibbo-Kawu     Oba Of Jebba     Saliu Oluwole     UNILORIN Alumni     Tayo Alao     Senior Special Assistant On Student Affairs     Bond     ER-KANG Mining     Veterinary Teaching Hospital     Katibi Ibraheem Adeola     Dairo Kunle Paul     Muhammadu Buhari     Donatus Ejidike     Ishak Mohammed Sabi     Baruba     Oke-Ode     Muritala Awodun     Shagari     Zulu Gambari     Temi Kolawole     Joana Nnazua Kolo     Femi Gbajabiamila     Oloye     Christian Association Of Nigeria     Ahmed Shuaib Buranga     Falokun-Oja     Bank Of Industry     Bashir Omolaja Bolarinwa     Abdulrasheed Na\'Allah     Dasuki Belgore     Summit University     Ohoro Of Shao     Isiaka Danmeromu     Muslim Cementary     Tunde Yusuf     Ilorin Durbar     Gbugbu International Market     Olatunde Jare     Computer Based Test     Yahaya Oloriegbe     Abdulhakeem Adelaja Amao     Curfew     Bolakale Kawu Agaka     Ahmad Belgore     Salmon Babatunde Salmon     Garba Ayodele Wahab     Sa\'adu Salau     Salihu Ajibola Ajia     Unilorin FM     Moses Afolayan     TETFUND     National Broadcasting Commission