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.

Musa Aibinu     Olayinka Oladapo Jogunola     Joseph Alex Offorjama     General Hospital, Offa     Saadu Yusuf     Funmilayo Oniwa     Bilikis Oladimeji     3MTT     Christopher Tunji Ayeni     Tsaragi     Adebayo Salami     Ibrahim Abdulkadir Abikan     Yusuf Lanre Badmus     Erubu Oba Zubair     Taibat Ayinke Ahmed     Al-Hikmah Radio     Ayo Adeyemi     Sa\'ad Alanamu     KWACOBPA     Lanre Olosunde     Tafidan Kaiama     Gbugbu     Wakilin Mata Lafiagi     Moses Afolayan     Gbenga Olawepo     Halimah Perogi     Coalition Of Kwara North Groups     Sunday Popo-Ola     Oke-Ogun     ARMTI     Kwara State Governor     Mahfouz Adedimeji     Saheed Popoola     Abubakar Suleiman     Quarry Royal Valley     Sa\'adu Gambari     Millennium Development Goals     Mahmud Ajeigbe     Kwarareports     Kamaldeen Gambari     Muhammad Sirajo Aliyu     Young Progressives Party     Gbadeyan Gbadura Yomi     Alimi Abdulrazaq     Afolasade Opeyemi Kemi     Joseph Bamigboye     Academic Staff Union Of Universities     Idris Garba     Umar Danladi Shero     Kupchi Hosea Maxwell     Goodluck Jonathan     Bilikisu Oniyangi     Ilorin Metro Park     CUTI     Ajuloopin     Ajidagba     Amule Elementary School     Olomu     Garba Ayodele Wahab     Joseph Yemi Ajayi     Asiwaju Bola Tinubu     Ahmad Olayiwola Kamaldeen     Sarah Alade     Facemasks     ITEM 7     Babatunde Ajeigbe     Akorede     Sango-UITH Road     Abdullahi Saadudeen Alikinla     Paul Olawoore     Aliyu Olatunji Ajanaku     Maryam Nurudeen     Abdulfatai Ahmed     Aminat Omodara     Gurei     Lawyers Unite Against Corruption     Association Of Kwara State Online Media Practitioners    

Cloud Tag: What's trending

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

Yahya Mohammed     Lai Mohammed     AIT Ilorin     Saka Balikis Kehinde     Budo-Egba     Ilorin Likeminds Foundation     3MTT     Yusuf Abdulkadir     Al-Hikmah Radio     Babs Iwarere     Ahmed Bayero     Trader Moni     Lanre Aremu     Razak Atunwa     Sardauna     Segun Abifarin     Abegunde Goke     Sunday Popo-Ola     Tafidan Kaiama     Sherif Shagaya     Okin Biscuits     Yoonus Lawal     Sa\'adu Salau     ITP     Monthly Sanitation Exercise     Durosinlohun Atiku     New Naira Notes     Yahaya Abdulkareem Babaita     Jumoke F. Ajao     Mohammed Saidu     AbdulRazaq Jiddah     Centre For Digital Economy     Gbemisola Oguntimehin     Lanwa     Abubakar Baba Sulaiman     Issa Baba     Bayo Mohammed Onimode     Share     Oluranti Idowu     Adama Isa     Femi Agbaje     Emir Of Shonga     Tunji Arosanyin     Sardauna Of Ilorin     Ibrahim Kayode Adeyemi     Omoniyi Ayinla     Abdul-Rahoof Bello     Valsolar Consultoria     Code Of Conduct     Sheikh Hamzat Yusuf Ariyibi     Oja-Oba     Amule Elementary School     Charles Ibitoye     CCT     Radio SBS     Ahmed     Okiki     Face Masks     Na\'Allah     Egbejila     Memunat Monsuma     Wahab Issa     Yakubu Gobir     KSIRS     Shaykh Luqman Jimoh     Okin Biscuit     Offa Poly     Abdulrasaq Alaro     Ganmo Electricity Sub-Station     Standard Organization Of Nigeria     Valsolar Consortium     Seed Technologies     Raji Ayodele Kamaldeen     Olatunde Jare     Owo Arugbo     Abubakar Atiku     Saka Asiat Ayinke