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.

Ilorin Talaka Parapo (ITP)     Raliat Elelu-Habeeb     Senior Staff Union Of Colleges Of Education     AGILE Programme     IESA     Oni Adebayo     V.O. Abioye     Segun Adeniyi     Kuliyan Geri     Adedipe     Doyin Group     Mamman Saba Jibril     Amuda Bembe     Coronavirus     Prince Bola Ajibola     Bilikisu Gambari     Sun Qing Rong     Ajia-Bako     KWASSIP     Mohammed Abduraheem     N-Power     Danhawa     NYSC     Ahmad Olayiwola Kamaldeen     Suleiman Alege Kuranga     Salary     Buhari     Oba Of Jebba     Oke-Ode     Hassan Taiye Salam     Kulende     Okin Group     Abiodun Jacob Ajiboye     Babatunde Ishola Babaita     Taofeeq Olateju     Aminu Ado Bayero     Samari     M.Y. Abdulrahaman     Olayinka Olaogun     Garba Idris Ajia     Oyelere Oyinloye     Ogidi-Oloje     KWASEIC     Omoniyi M. Ayinla     Yusuf A. Usman     Oloriegbe     Haruna Tambiri Mohammed     Hamidu Olowo     Abiodun Oyedepo     Mahe Abdulkadir     Henry Olaosebikan     Akeem Lawal     ENetSuD     TIC     Lawyers Unite Against Corruption     Afonja     Kumbi Titiloye     Ishaq Salman     Moses Rahman Popoola     Yomi Adeboye     Bayer AG     Lanwa     Kayode Ibrahim     Chemiroy Nigeria Limited     FERMA     Umar Ahmed Gunu     Yekeen Alabi     Saadu Gbogbo Iwe     Valsolar     Saliu Shola Taofeek     Neuropsychiatric Hospital     Kwara Teaching Service Commission     Akanji     Risikat Lawal     Kola Adesina     Bolaji Abdullahi     Monthly Sanitation Exercise    

Cloud Tag: What's trending

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

Abdulkadir Akanbi-Oke     Ariyo     Yahaya Muhammad     NURTW     Kwara Basketball Association     Afin Descendants Union Of Odo-Owa     Mansurat Amuda-Kannike     Ahmad Olanrewaju Belgore     Bukola Saraki     Saka Aleshinloye     Magaji Are     Okin High School     Ademola Kiyesola     Admiralty Villa     Abubakar Lah     Soffiyyallah Kamaldeen     Sarah Jubril     General Hospital, Ilorin     Jamila Bio Ibrahim     Oni Adebayo     Bayo Mohammed Onimode     Saba Mamman Daniel     Balogun Gambari     Bature Bello     Omotoso     Tunji Ajanaku     Saka Keji     KWASIEC     Sobi Hill     Mubarak Oladosu     Wahab Isa     Unilorin     Daud Adeshola     Oyun     3MTT     Kwara State Coalition Of Business And Professional Associations     Arinola Fatimoh Lawal     Lanre Olosunde     2017 Budget     Obasanjo     Isiaka Oniwa     Tunde Saad     Monthly Sanitation     Sarah Alade     Dairo Kunle Paul     Women Radio     Onikijipa     Democracy Day     Suleiman Alege Kuranga     Bisi Kristien     Femi Gbajabiamila     QuickWin     Usman Rifun     Alliance For Democracy     Olofa Of Offa     Esuwoye     Centre For Peace And Strategic Studies     Dapo Teni Nig Enterprise     Femi Agbaje     Salaudeen Oyewale     Rabiu Kwankwaso     Sulyman Atolagbe Alege     Shururat Olatinwo     Michael Nzekwe     Face Masks     Aliyu Muhammad Saifudeen     MATTA Girls Foundation     Share/Tsaragi     Alapado     Garba Ado Sanni     Asiwaju Bola Tinubu     Aso Ofi     Bilikisu Oniyangi     Emmanuel Olatunji Adesoye     Amada Jidda     Kayode Zubair     Nupe