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.

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    

Cloud Tag: What's trending

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

Lithium Deposit     Jeunkunu-Malete-Bani     KFA     Alabi Olayemi Abdulrazak     Bluenile Associates     Communication Network Support Services     Ezekiel Yissa Benjamin     Funmilayo Isiaka Oniwa     Alaro     Afusat Nike Ibrahim     Yakub Lai Gobir     Abdulmutalib Shittu     ASKOMP     Nigerian Supreme Council For Islamic Affairs     Isaac Gbenle     Kumbi Titiloye     Eghe Igbinehi     Saad Omo\'ya     Mohammed Danjuma     Ridwan Agboola     Talaka Parapo     Memunat Monsuma     Gbenga Awoyale     Obasanjo     Oyedun Juliana Funke     Adama Isa     Samuel Adaramola     Neuropsychiatric Hospital     Raliat AbdulRazaq     Laolu Saraki     Amusa Bello     Smart School     Offa Metropolitan Club     Olajumoke Monsura Gafar     IFK     Yahaya Seriki Gambari     SSA Youth Engagement     Adamu Attah     Opaleke Bukola Iyabo     Chief Imam Of Offa     Sulyman Atolagbe Alege     Sheikh Alimi     Hakeem Idris     Sulu Gambari     Matthew Okedare     NYSC     Edret Sabi Abel     Ubandoma     Ifelodun     Omotosho     Patience Jonathan     Bisi Oyeleke     Abdulfatai Salman Baakini     National Pilot     Muhammad Sirajo Aliyu     Sulyman Abdulkareem     Mohammed Abduraheem     Florence Saraki     Abiodun Jacob Ajiboye     Ibrahim Taiwo     Asa     Congress For National Consensus     Government High School (GHS), Adeta     Muazam Nayaya     Jide Ashonibare     Hassan A. Saliu     Boko Haram     Hassan Abdulazeez Elewu     Gobirawa     Abdulkadir Akanbi-Oke     Senior Ibrahim Suleiman     Abdulwaheed Musa     Ishaq Oloyede     Iponrin     Emir Of Kano     Women For Change And Development Initiative     Revenue Court