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.

Public Holiday     Gobir Organization Foundation     Kawu     Sherif Shagaya     Share     Akeem Olatunji     Yaman     Gobir     Isiaka Yusuf     Muhammed Akanbi     Saidu Kawu     Mohammed Lawal     Asa LGEA School     Mahe Abdulkadir     Ajia-Bako     Adebayo Mohammed Kamaldeen     Centre For Peace And Strategic Studies     Shuaib Jawondo     Alikinla     Rasheed Jimoh     Saudat Abdulbaqi     Yusuf Abubakar     Abubakar Abdullahi Bata     Ishaq Salman     Aminat Omodara     Oke-Ogun     Ilorin East/South Federal Constituency     Principal Private Secretary     University Road     Lanre Badmus     Ambassador Kayode Laro     Jani Ibrahim     Student Learning Support Helpline     Unilorin     Bashir Omolaja Bolarinwa     Joseph Alex Offorjama     Matthew Okedare     Maryam Ado Bayero     Quran     Ibrahim Sulu Gambari     Baba Adini Of Kwara State     Doyin Awoyale     Elerin Of Adanla     Ayobola Ipinlaiye     Revenue Court     Agbarigidoma     Funmilayo Oniwa     Tinubu Legacy Forum     Ahmed Bayero     Azeez Salawu     CKNG     Usman Alkali Baba     Adesoye     Isaac Aderemi Kolawole     Geri-Alimi Split Diamond Interchange     Abdul Jimoh Mohammed     Sulu Babaita Isiaka     Kwara Muslim Pilgrims Welfare Board     Magaji Erubu     Gbemi Saraki     Kemi Adeosun     NITDA     Igbaja     Taofik Abdulkareem Babaita     Amuda Aluko     Issa Memunat Moyosore     Wahab Isa     Kwara State Television     Rachael Obisesan     Taofik Mustapha     Aso Ofi     Ajasse-Ipo     Ajibike Katibi     Abdulrahman Iliasu     Eghe Igbinehin     HICA     Yusuf A. Usman    

Cloud Tag: What's trending

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

Durosinlohun Kawu     Majlis For Sadaqah, Zakat And Waqf     Reuben Paraje     PharmAccess Foundation     Mohammed Tunde-Jimoh     Tunde Mukaila Mustapha     Abdulhakeem Amao     IEDPU     Kamoru Kadiri     Rice Farmers Association Of Nigeria     Ayobami Akanbi     Harafat E. Mukadam     General Hospital, Ilorin     Olatunde Olukoya     Bashir Adigun     Offa Descendants Union     Ibrahim Abdulqadir Abikan     Abdulsalam Firdaous Amosa     Michael Nzwekwe     Aro Yahaya     John Kehinde Salako     Wahab Egbewole     Ilorin Central Mosque     School Of Nursing     Tafida Of Ilorin     Rotimi Atere     Samuel Elizabeth Keatswa     Share     Park     Kwara Poly     Teachers Specific Allowance     Lawal Arinola Kudirat     Javed Khan     Federal Allocation     Abdulrahman Abdullahi Kayode     Yusuf Abdulwahab     Saka Keji     Ibrahim Taiwo Road     Musa Abdullahi     Ayo Salami     Salihu Jibril Garbi     Olayinka Are     Kola Olota     Dauda Adesola     University Road     IF-K     Ileloke     Raji Ayodele Kamaldeen     Yusuf Lanre Badmas     KSIRS     Chief Imam Of Omu-Aran     N-Power     Tosin Saraki     Olatunji Bamgbola     New Nigeria People’s Party     Just Event Online     Aliyu Salihu     Abdulrasheed Akogun     Undergraduate Bursary     Sabitiyu Grillo     Najim Yaasin     Binta Abubakar-Mora     Allocation     Abdulkadri Ahmad Alaiye     Geri-Alimi Split Diamond Interchange     Hamid Bobboyi     Kwara State Health Insurance Agency     Aliyu Muhammad Saifudeen     Mahmud Durosinlohun Atiku     Bilikisu Gambari     Femi Gbajabiamila     Lanre Olosunde     Saliu Tunde Bello     Henry Makinwa     Oke-Ogun     Surajudeen Akanbi     Kumbi Titiloye