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.

Hijaab     Oju Ekun Sarumi     Apaokagi     AbdulFatai Adeniyi Dan-Kazeem     Osi     CCEPE     Muhammad Sirajo Aliyu     Lucky Omoluwa     New Model Police Station     Baruba     Abdullahi Adisa Akodudu     Baba Issa     Ilorin Innovation Hub     Mohammed Kamaludeen     Bola Olukoju     Sherif Sagaya     Adeleke Ogungbe     Ilesha Gwanara Road     COEASU     Ajia-Bako     Lanwa     NaAllah     Yahaya Jibril Usman     David Oyerinola Adedunmoye     Fatimoh Lawal     Kwasu     Omotoso     Seni Saraki     Alaro     Post Utme     Yusuf Amuda Abubakar     Abiodun Abdulkareem     Idris Amosa Oladipo Saidu     Omu-aran     Abdulsalam A. Yusuf     Smart School     Yahaya Dumoye     Simon Sayomi     Shuaibu Yaman Abdullahi     Rabiu Kwankwaso     Adam Abdullahi Al-Ilory     Yahaya Abdulkareem Babaita     Ahmad Olayiwola Kamaldeen     Air Peace     3MTT     Yahaya Seriki     KSIRS     Okin Biscuit     Folaranmi Aro     Ministry Of Women Affairs And Social Development     Victor Gbenga Yusuf     Kulende-UITH     Okin Group     Ojuekun Sarumi     Onilu     Shehu Jimoh     Oyin-Zubair     Amuda Musbau     KWASIEC     IESA     Student Learning Support Helpline     Ahmed Bayero     Adamu Jemilat-Baki     Lanre Aremu     Joana Nnazua Kolo     Umar Yakubu Jaja     Oyun     Chief Imam Of Omu-Aran     College Of Arabic And Islamic Legal Studies     Bolakale Ayo     Kwara State Polytechnic     Kumbi Titiloye     Raliat Elelu-Habeeb     Otunba Taiwo Joseph     Lotus Bank     HICA     Olayinka Jelili Yusuf    

Cloud Tag: What's trending

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

ER-KANG     Asiwaju Bola Tinubu     Ganmo Power Sub-Station     Lawal Jimoh     Ashiru     Kwara-SAPZ Project     Bluenile Associates     Emir Of Lafiagi     Gani Saadu     Osi     Micheal Imodu-Ganmo Road     Abubakar B.M     Unilorin FM     Saheed Akinwumi     Abdulmumini Jawondo     Law School Scholarship     IFK     LAK Jimoh     Seed Technologies     Taofik Abiodun Ahmed     Aishat Mohammed Lawal     Bayo Ajia     Kabir Shagaya     Kisra     Sidikat Akaje     Standard Organization Of Nigeria     Kayode Yusuf     Isa Aremu     Alao Ayotunde     Olaitan Buraimoh     Saba Mamman Daniel     Ilota     Towoju     Voices Of Tomorrow     Okeose Christian Cementary     Baakini     Jimoh Olusola Imam     Prince Mahe Abdulkadir     Ajia-Bako     Saidu Yaro Musa     Olofa Of Offa     Aishat Sulu-Gambari     Ahmed     A.E. Afolabi     Tunji Ajanaku     Olam Food Ingredients     Kayode Alabi     Ishaq Salman     Kamaldeen Gambari     Umar Ahmed Gunu     Ajasse-Ipo     MMWG     Umar Sanda Yusuf     Olabanji Orilonishe     Labaeka     Omu Aran     Harafat E. Mukadam     Micheal Imoudu     Unilorin     Majlis For Sadakah, Zakat And Waqf     Shettima Of Ilorin     Yetunde Balogun     Moses Salami     Oye Tinuoye     SARS     Isin     Mohammed Lawal Bagega     Sambo Murtala     AGILE Programme     Abdulmumini Sanni Jawondo     Musa Yeketi     Omu-aran     Abdulazeez Uthman     Apado     Sheriff Shagaya     Mahfouz Adedimeji     Ilorin Emirate Staff Association