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.
Dapo Teni Nig Enterprise Sheriff Olanrewaju Firdaos Amasa Iyabo Dupe Adekeye CLAY POT Donatus Ejidike Akeem Olatunji Aliyu U. Tilde Abdulkadir Remi Hawawu FOMWAN Abikan Neuropsychiatric Hospital Kazeem Oladepo Offorjama New Naira Notes Adisa Logun Yemi Osinbajo Shuaib Jawondo Ahmed \'Lateef Pius Abioje Tinubu Legacy Forum Toyin Sanusi JAMB Prince Sunday Fagbemi Chief Imam Of Offa Bankole Omishore Plat Technologies Olayinka Olaogun Mahmud Babatunde Baker Geri-Alimi Split Diamond Interchange Jebba Ayekale Wasiu Onidugbe Orisa Bridge Ayinde Oki Yusuf A. Usman Mahmud Ayinla Giwa Amule Ghali Alaaya Hausa Ilorin Metro Park Bolakale Saka Ilorin Talaka Parapo Ajia-Bako Aishatu Ahmed Gobir Kaosarah Adeyi Wasiu Odewale Smart School Garba Ado Sanni Kwara Coalition Of Business And Professional Associations Tsaragi Chief Imam Of Ilorin Maryam A. Garuba Ibrahim Agboola Gambari Bello Oyebanji Photo News Alfa Yahaya Road Abdulwaheed Musa Mashood Dauda Alimi Abdulrazaq Fatimat Saliu Funmi Salau Kazeem Adekanye General Hospital, Ilorin Split Diamond Interchange African Democratic Congress Shuaib Abdulkadir National Broadcasting Commission Onilorin Of Ilorin Oluranti Idowu 2017 Budget Hamid Bobboyi Gbenga Adebayo Olatunde Oyeyiola Samuel Adaramola Sulyman Abdulkareem Ajikobi

