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.

Sambo Murtala     Olatunde Jare     20 Billion Bond     Abubakar Abdulraheem     Saka Asiat Ayinke     Junior Secondary School Certificate Examinations     IDPU     ER-KANG Mining Nigeria Company Limited     MAI Akande     April 11     Kwara Politics     Academic Staff Union Of Universities     Olaosebikan     Nigerian Army     Henry Olaosebikan     Elewu     Femi Oladiji     Olajumoke Monsura Gafar     Mubarak Oladosu     Funmilayo Mohammed     Kayode Bankole     Zainab Abass     IsDB     Adamu B. Yaqubu     Orisun Igbomina     NIPR     Tunde Saad     Sarkin Malamai     Olumide Daniel Ibitoye     Ahmed Mohammed Rifun     Centre For Community Empowerment And Poverty Eradication     Isaac Aderemi Kolawole     Mujtabah Bature     Gabriel Fashanu     Mohammed Haruna     Fatimat Saliu     David Oyerinola Adedunmoye     Haruna Tambiri Mohammed     Sun Qing Rong     Kwara State Fire Service     Oyun     Sarakite     Lateef Ademola Olatunji     Ezekiel Yissa Benjamin     Ibrahim Abdulkadir Abikan     Kwara State Council Of Chiefs     Siraj Oyewale     Balogun Fulani     Idris Amosa Saidu     3MTT     Wole Oke     SGBN     AbdulHakeem Ajibola Akanbi     GRA     Ishak Mohammed Sabi     Kolo     John Kehinde Salako     Niguel Gallando Marcias     Jelili Yusuf     Bello John Olanrewaju     Ilorin.Info     Ohoro Of Shao     Kunle Suleiman     Ganmo Power Sub-Station     IYA ALFA NLA     Jawondo     Computer Based Test     Yakubu Mohammed Abdullahi     Adamu Atta     Olabode Towoju     Offa     Tosho Yaqub     Bursary     Coronavirus     Bilikis Oladimeji     Salihu Yahaya     Sheikh Ariyibi    

Cloud Tag: What's trending

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

Tayo Awodiji     Sola Saraki Educational Foundation     Muritala Awodun     Yunus Lawal     Ifelodun     Mutawali Of Ilorin     Alabi Lawal     Freshvine Nigeria Limited     Balogin Alanamu     Matthew Okedare     Ilofa     Awili Pedro     Kawu Baraje     Shero     Ishaq Salman     Oko     Special Adviser On Digital Innovation     Moro     Abdulrazak Shehu Akorede     Baba-Isale     SDP     Ijakadi     BECE     Kwara Polytechnic     Roheemat Hammed     Nigeria Computer Society     Sabo-Oke     Ndakene     Mufutau Olatinwo     David Oyepinola Adedumoye     20 Billion Bond     KWASSIP     Segun Abifarin     Alimi     Jeunkunu-Malete-Bani     Alimi Abdulrazaq     Alapado     Ishaq Oloyede     United Nigeria Congress Party     George Innih     Sheu Ndanusa Usman     Ajayi Okasanmi     Ethical College     Abdulkadir Jimoh     Kwara University Of Education     Wahab Kunle Shittu     Adeleke Ogungbe     Raymond Olaitan     Yekeen Alabi     Iyiola Oyedepo     Abdulrahman Iliasu     Olaosebikan     Communication Network Support Services     National Pilot     Ahmad Olayiwola Kamaldeen     Folaranmi Aro     Afin Descendants Union Of Odo-Owa     Saliu Shola Taofeek     Saad Belgore     AbdulRauf Keji     Ahmed Dankaya     Amuda Aluko     CCB     General Tunde Idiagbon International Airport Ilorin     Obuh     Abdullahi Samari     Shuaib Boni Aliyu     Abdul-Rahoof Bello     Kayode Bankole     Lanwa     Emir Of Shonga     Ayinke Saka     Abdulrazaq Adebayo     Bisi Oyeleke     Ben Duntoye     ANCOPPS     Ademola Kiyesola