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.

Gbugbu     Ibrahim Abdulkadir Abikan     Al-Hikmah Radio     Tanke Road     Chartered Institute Of Personnel Management Of Nigeria     Ajibola Ademola Julius     Ado Ibrahim     Salake     Bature Bello     20 Billion Bond     Alao Ayotunde     Ayinde Oyepitan     Biliaminu Aliu     Muhammad-Mustapha Suleiman     Buari Edun     Ileloke     Taibat Ayinke Ahmed     Mahmud Babatunde Baker     Olaiya Lawal     KSIRS     Ayotunde Emmanuel Alao     Yusuf Abdulwahab     Segun Abifarin     United Nigeria Congress Party     AbdulGafar Tosho     Oluwarotimi Boluwatife Adenike     Abdulrazaq Adebayo     Rebecca Olanrewaju     Nigeria Customs Service     Mopelola Abdulmaliq-Bashir     Isiaka Saka Opobiyi     Oja-Oba     Oke-Oyi     Oyin-Zubair     Albert Ogunsola     Oba Mogaji Abdulkadir     Toyin Olayinka Tejidini     Baruten     Maryam Nurudeen     NFAI     Countryside Emerging Leaders Fellowship     Abdulrahman Abdulrasak     Ita-Ore     Wole Oke     Saliu Ajia     Bolakale Ayo     Osinbajo     Yusuf Amuda Aluko     Muhammad Fawaz Abubakar     Wale Oladepo     Kwara Teaching Service Commission     CACOVID Palliatives     Oba David Oyerinola Adedunmoye     Haliru Dantoro     Junior Secondary School Certificate Examinations     Lawal Olohungbebe     Centre For Peace And Strategic Studies     Abdulmajeed Abdullahi     Orisun Igbomina     Funmilayo Oniwa     Habeeb Abdullahi Al-Ilory     Muhammad Yahya     Tsaragi/Share     Ella Supreme Tissue Paper     Mansur Alfanla     Adam Abdullahi Al-Ilory     Muhammad Toyin Sanusi     Razak Atunwa     Nigeria Computer Society     Kwara State Football Association     Ibraheem Abdullateef     Abraham Ojo     Revenue Court     Alfa Yahaya Road     Babatunde Ajeigbe     Abubakar Usman Jos     Mohammed Lawal    

Cloud Tag: What's trending

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

Lithium Deposit     Abdulmajeed Abdullahi     Balogun Ajikobi     Abdulmalik Bashir Mopelola Risikatullahi     Amosa     Oke Sunna     Mohammed Ajia Ibrahim     Idiagbon     Rafiu Ajakaye     Bello Oyedepo     Bolakale Ayo     Shao     Young Progressives Party     Olushola Saraki     Yahaya Abdulkareem Babaita     Mumeen Lah     Khairat Gwadabe     Abdulwahab Olarewaju Issa     Alaiye     Doyin Agbamu     Oke-Ero     Chief Imam Of Offa     Ibrahim Oniye     Kwara Central     Bayo Ojo     Salman Suleiman     Rapheal Ashaolu     Olabode George Towoju     08001000100     Abdulfatah Ahmed     Rachael Obisesan     Abdullahi AbdulMajeed     Emir Of Lafiagi     Usman Yunusa     Zara Umar     Adedipe     Talaka Parapo     Nigeria Association Of Women Journalists     LABTOP     Hassan Oyeleke     Arca Santa     Kwara Consultative Forum     Hameed Oladipupo Ali     Special Agro-Industrial Hub     Otunba Taiwo Joseph     Kwara TV     Offa     International Public Sector Accounting Standards     Jawondo     Mufti Of Ilorin     Gbajabiamila     Ethical College     Guber Aspirant     Issa Baba     Olukotun Of Ikotun     Bola Iyabo Ibiyeye Adisa     Ubandawaki     Abraham Ojo     Abubakar Baba     Aliyu Adebayo     Yusuf Abdulraheem     Usman Rifun     Bolaji Aladie     GGDSS Pakata     Mohammed Yisa     Forgo Battery Company Limited     Tayo Alao     Saka Saadu     Reuben Paraje     Valsolar-Kwara Company Limited     Shuaib Abdulkadir     Share/Tsaragi     Medinat Folorunsho Salman     Suleman Abubakar     Segun Olawoyin     Mumini Ishola Hanafi     Aisha Ahman-Pategi