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.
Sheikh Hamzat Yusuf Ariyibi Modibbo Kawu Kawu Olatunji Ayeni Kolo Doyin Group Balikis Jawondo KWASAA David Oyedepo Alore Salihu Alhaji Musa Royal FM Sulyman Abdulkareem AbdulKareem Yusuf Danhawa Dar-Al-Handasah Consultants Ltd Kamoru Kadiri SSA Youth Hussein Oloyede Dorcas Afeniforo Mumini Ishola Hanafi Abdulganiy Abimbola Abdussalam Abdulrazaq Adebayo Halimat Yusuf Ibrahim Orire HAMFAT Clinic And Maternity Tsaragi/Share Femi Agbaje Idris Amosa Saidu Makama Of Kaiama Hijaab SSA Youth Engagement Mopelola Abdulmaliq-Bashir Ilorin Airport Bashir Badawi A.G.F Abdulrasaq Akanji Post-utme Adebara Muhammed Taofeeq Abdulrazaq Radio SBS Abegunde Goke Lafiagi Ahmad Lawan Mutawali Kwara-SAPZ Project Offa Oloriegbe Seni Saraki SUBEB Hassan Oyeleke Eleja Taiwo Banu Yusuf Abubakar Amos Sayo MAI Akande Rashidi Yekini Yusuf Amuda Gobir Bolaji Gambari Ibrahim Oloriegbe Dele Momodu Quarry Royal Valley Isa Aremu Ilorin Emirate IsDB Joseph Offorjama Elesie Of Esie Abdulganiyu Salahudeen Muazam Nayaya Roheemat Hammed Kale Belgore Yemi Osinbajo Talaka Parapo Erubu Oba Zubair KFA Yusuf Lanre Badmus Funmilayo Mohammed Lanre Badmas Sulu Gambari

