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.

Amina El-Imam     Muslim Stakeholders Of Kwara State     Yashikira     Sabitiyu Grillo     Aminu Adisa Logun     Babaloja-General     Kannike     Ojuekun Sarumi     Bilikis Oladimeji     Dairo Kunle Paul     Ganiyu Taofiq     HYPPADEC     Funmilayo Braithwaite     Balogun Fulani     Kunbi Titiloye     Atiku     Majlis For Sadaqah, Zakat And Waqf     Omupo     Dumagi     Bareke     Salami Adekunle     Trade Lenda SME Fair     Agboola Abdulraheem     Rotimi Samuel Olujide     Okedare     Ariyo     Eleja     GRA     Saka Onimago     Saba Mamman Daniel     ANCOPPS     Alabi Lawal     Rasaq Jimoh     Al-Ilory     Ayodele Olaosebikan     Atunwa     Freshvine Nigeria Limited     Radio SBS     Laboratory-to-Product     Inside Kwara     REO CAKES     Bayer Nigeria Limited     Apado     Abubakar Baba Sulaiman     Bamidele Aluko     Abubakar Lah     All Confederation Of Principals Of Secondary Schools     Lateef Ademola Olatunji     Umar Ahmed Gunu     Yekini Adio     Council Of The Wise     Olabimpe Olani     Babs Iwarere     Igbaja     Federal Neuro-Psychiatric Hospital     Ahman Pategi University     Segun Adeniyi     Adesina Simon Sodiya     Pakata Development Association     Okiki     Mohammed Halidu     Oye Tinuoye     ASKOMP     Mohammed Lawal Bagega     Michael Nzwekwe     Gobir     Olayinka Jelili Yusuf     Y.A. Abdulkareem     Chief Imam Of Omu-Aran     Taofik Mustapha     KWASSIP     Laduba     Abdulrasheed Na\'Allah     Budo Egba     Ajakaye     Jumoke Gafar     Abdulhakeem Amao    

Cloud Tag: What's trending

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

Logun     Iyeru Grammar School     Amos Justus Sayo     KWIRS     Afusat Nike Ibrahim     Ajibola Saliu Ajia     Gbadeyan Gbadura Yomi     Binta Sulyman     Suleiman Yahya Alapansapa     Nigerian Army     Olabode George Towoju     Kwara Primary Health Care Development Agency     Bello Oyebanji     Ilorin Central Mosque     Simon Sayomi     Abdulganiy Abimbola Abdussalam     Kwara Central     Zulkifli Ibraheem     Yahaya Oloriegbe     Senior Ibrahim Suleiman     Buhari     Kwara State University Of Education     Oke-Odo     Babajide Ajayi     Labour Party     Kwara State Council Of Chiefs     Ilorin International Airport     AGM Professional Services     Chief Imam Of Omu-Aran     Ahmad Olayiwola Kamaldeen     Just Event Online     Sabitiyu Grillo     Rebecca Olanrewaju     NIPR     Shuaib Boni Aliyu     Academic Staff Union Of Universities     Abdulrahman Abdulrazak     Balogun Gambari     Abdulmajeed Abdullahi     Moshood Mustapha     Senate President     Bola Magaji     March 28     Kolo     AbdulRauf Keji     Yusuf Ali     JSSCE     Haliru Dantoro     Moji Makanjuola     Amos Sayo     Michael Ologundea     Elesie Of Esie     Quarry Royal Valley     Halidu Danbaba     Forgo Battery Company Limited     Tosin Saraki     Mohammed Jimoh Faworaja     Ahmad Ali     Baba Idris     Government House     Oba Of Jebba     Sobi Specialist Hospital     Wahab Agbaje     Bello Abubakar     Rapheal Ashaolu     AbdulRazaq Abubakar Jiddah     Aremu Odolaye     Kwara United     Okiki     Ebola     Ridhwanullah Al-Ilory     Ajike People Support Centre     CLAY POT     Wasiu Odewale     Mohammed Katsina Ahmed     Amuda Aluko     Plat Technologies