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.

Shao     Funke Adedoyin     Ilorin Like-Minds     Local Government Pension Board     Ibrahim Taiwo Road     COVID     Saad Omo Iya     Kazeem Gbolagade     Muhammadu Buhari     National Association Of Nigerian Students     Memunat Monsuma     SSA Youth     Alabi Lawal     Issa Oloruntogun     Michael Nzwekwe     State Bureau Of Internal Revenue     Haashim Initiative For Community Advancement     Egbewole     Sanusi Abubakar     Seni Saraki     Christian Association Of Nigeria     Eleyele     Iyiola Oyedepo     Vasolar-Kwara Company Ltd     Oke-Odo     Sobi FM     Ahmed Alhasssan     Www.Kwarareports.com     Jide Oyinloye     Abiodun Jacob Ajiboye     Binta Sulyman     Yusuf AbdulRasheed     Ilorin Talaka Parapo (ITP)     Na\'Allah     Emir Of Yashikira     Kwara State Fire Service     Ubandoma Of Ilorin     Baruba     Ishaq Salman     Habeeb Abdullahi Al-Ilory     Bolakale Saka     Muazam Nayaya     Bolaji Aladie     Road Transport Employers Association Of Nigeria     ASUU     Toyin Sanusi     Umaru Saro     Alaiye     Emmanuel Bello     Adamu Ibrahim Sabi     Valsolar     Shehu Alimi Foundation     Convocation Ceremonies     Rafiu Ibrahim     Kwara Politics     Quranic Recitation Competition     Omar Gambari     Ajuloopin     Alaaya     Eleja     Kwara State Infrastructure Development Fund     Muhammad-Mustapha Suleiman     Ahmed Idris Mohammed     Owode Market     Ayedun     Isau     Gbajabiamila     Aremu Odolaye     Press Release     Kumbi Titilope     David Adesina     Towoju     Abdulrazaq Sanni     Olusegun Adeniyi     Aisha Buhari     Sa\'ad Alanamu     Old Oyo    

Cloud Tag: What's trending

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

Haruna Tambiri Mohammed     Patigi Regatta     Marufat Oladosu     Orire     Halidu Danbaba     Ishola Balogun Fulani     Sidikat Alaya     Erubu Oba Zubair     SSA Youth     Trade Lenda SME Fair     Toyin Saraki     General Hospital     Toyin Olayinka Tejidini     Rotimi Samuel Olujide     Iyaloja-General     Iyabo Adisa Ibiyeye     Mustapha Olanipekun     Bahago     Ridhwanullah Al-Ilory     Bisi Oyeleke     Maigidasanma     Wahab Abayawo     Pilgrims Board     Oloruntoyosi Thomas     Adedayo Yusuf Abdulkareem     Abiodun Abdulkareem     Vasolar Consortium     Moses Rahman Popoola     Overland     Elelu     Post Utme     Amule Elementary School     Mamatu Abdullahi     Razaq Ayobami Akanbi     Soffiyyallah Kamaldeen     Shero     Lawal Jimoh     Chief Imam Of Lafiagi     Afetu Of Alabe     Deji Ajani     Revenue Court     Fatimat Saliu     Kwara Primary Health Care Development Agency     Osuwa     Yemi Sanni     Oladipo Akanmu Tolani     Abdul-Rasheed Na\'Allah     Sa\'adu Salahu     Seni Saraki     Omotoso     Tescom.kwarastate.gov.ng     Ilorin Durbar     Bola Tinubu     Pakata     Kwara State Polytechnic     Adesina Simon Sodiya     Nurudeen Mohammed     Okiki     Chartered Institute Of Personnel Management Of Nigeria     Kaosarah Adeyi     Eleja Taiwo Banu     General Tunde Idiagbon International Airport Ilorin     Lasiele Alabi Yahaya     Mohammed Danjuma     UNILORIN Alumni Association     Olatunde Jare     Adeleke Ogungbe     Igosun     Naira Redesign     Mohammed Yahaya Barki     SAPZ Project     Shonga     Zulu Gambari     Jaiz Bank     Sheikh Ariyibi     Buhari     NITDA