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.

Kamaldeen Ajibade     AbdulQowiy Olododo     Mumeen Lah     Abdulfatai Ahmed     Mutawalle     Aro Yahaya     Omu-aran     Kayode Ogunlowo     Allocation     Ilorin Talaka Parapo (ITP)     Salman Suleiman     Hydroelectric Power Producing Areas Development Commission     2017 Budget     Abdulwahab Oba     Femtech     Is\'haq Modibbo Kawu     Okin High School     Quareeb Islamic Association     Alfa Modibbo Belgore     Wahab Abayawo     Mohammed Danjuma     Zulkifli Ibraheem     Budo Egba     Khadijat Ayoola Yusuf     Lateef Ademola Olatunji     20 Billion Bond     Risikat Lawal     Jalala     COEASU     Issa Oloruntogun     Mohammed Khadijat Kubura     Tunde Saad     Abubakar B.M     Demola Banu     John Dara     Musa Yeketi     Ibrahim Agboola Gambari     Elelu     Hussein Oloyede     Tunji Moronfoye     Amoyo     Ayobami Akanbi     Oloriegbe     Aliyu Kora Sabi     CCT     CACOVID     Afonja Descendants Union     Dumagi     Baba Isale     Muideen Olaniyi Alalade     Ahmed Mohammed Rifun     MalHub     Galadima     Yahaya Dumoye     Lanre Issa Onilu     Senior Ibrahim Suleiman     Abdul Jimoh Mohammed     Popo-Igbonna     Isiaka Danmeromu     Tunde Yusuf     Suleiman Idris     Atiku Abubakar     Yahaya Abdulkareem Babaita     Lola Ashiru     Raliat Islamic Foundation     Rafiu Ibrahim     Aisha Buhari     Aliyu Muhammad Saifudeen     March 28     Oju Ekun Sarumi     Twitter     Ahman Patigi     AGILE Programme     Earlyon Technologies     Mohammed Abdulahi     Madawaki     Raymond Olaitan    

Cloud Tag: What's trending

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

Baruten     Folajimi Aleshinloye     Ajibola Ademola Julius     Modibo Kawu     Abdulfatah Ahmed     Iyabo Adisa Ibiyeye     Muyiwa Oladipo Kanu     Sa\'adu Salau     Pakata Patriots     KWACOBPA     IYA YUSUF     Bolakale Ayo     Muslimah Entrepreneurship Forum     Saka Isau     Christopher Ayeni     Mumini Ishola Hanafi     CCT     Amuda Aluko     Mohammed Jimoh Faworaja     Olajumoke Monsura Gafar     CCEPE     Firdaos Amasa     Geri-Alimi Split Diamond Interchange     Senior Staff Union Of Colleges Of Education     Olusegun Adeniyi     Women For Change And Development Initiative     Rueben Parejo     Ojuekun     School Of Nursing     Abiodun Musa Aibinu     Kawu     Bayo Lawal     Christopher Tunji Ayeni     Www.Kwarareports.com     Khadijat Ayoola Yusuf     Oko     Razaq Atunwa     Akorede     Kwara Hotel     Kayode Oyin-Zubair     Sarakite     Olatunde Oyeyiola     Mahee Abdulkadir     Toyin Falola     Kayode Zubair     Abubakar Baba     Yinka Aluko     Abdulrasheed Lafia     Rotimi Samuel Olujide     Yusuf Amuda Aluko     Ajeigbe     Fola Consultant     Yusuf Abubakar     Aremu Bose Deborah     Is\'haq Modibbo Kawu     Ilorin Emirate Stakeholders Forum     Emir Of Lafiagi     BECE     Edu     Yusuf Amuda Abubakar     Tunde Mukaila Mustapha     Demola Banu     Nigeria Foundation For Artificial Intelligence     SWAN     Afonja Descendants Union     Musa Aibinu     Local Government     Rotimi Oyedepo     Oke-Oyi     Babatunde Ishola Babaita     Okiki     Kwara State Governor     Facemasks     KWASSIP     Ibrahim Taiwo     Bilikis Oladimeji     Wasiu Onidugbe