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.

Oloye     Bayer AG     Yusuf Badmus     JSSCE     Tsaragi     Sambo Murtala     Standard Organization Of Nigeria     Muhammed Abdullahi     Saka Saadu     Sheikh Ridhwanullah El-ilory     Bukola Ajikobi     Popo-Igbonna     Raliat Elelu-Habeeb     Lithium Deposit     Abdulquawiy Olododo     Amusement Park     KSIRS     Opobiyi     Alabere     Ilorin Emirate     NSCIA     Olatunji Moronfoye     Al-Adaby     Yusuf Amuda Gobir     Innocent Okoye     Yahaya Oloriegbe     Yekeen Alabi     Kwara United     Igbomina     Yoonus Kola Olatinwo     Yemi Osinbajo     Ilorin South Constituency     Wahab Kunle Shittu     Playing Host     Okanlawon Taiwo     Bola Magaji     Alaro     Olajumoke Monsura Gafar     Shuaib Jawondo     Fareedah Dankaka     Ibrahim Kayode Adeyemi     Nigerian Supreme Council For Islamic Affairs     Funmi Salau     Radio Kwara     Gobir     Mahfouz Adedimeji     Nagode     Junior Secondary School Certificate Examinations     Edu     Reuben Paraje     Mogaji Aare     Maryam A. Garuba     Makama     Markaz Arabic And Islamic Training Institute, Agege     New Naira Notes     Lateef Fagbemi     Muyideen Ajani Bello     Musa Yeketi     Musa Alhassan Buge     Abubakar Ndakene     Yakubu Mohammed Abdullahi     Ebun-Olu Adegboruwa     Maryam Ado Bayero     Old Oyo     Ayoade Akinnibosun     Abdulrazaq Akorede     Moses Rahman Popoola     Kwarareports.com     Kamaldeen Ajibade     Saadu Yusuf     Olusola Saraki     April 11     Kuliyan Geri     Shehu Salau     Women For Change And Development Initiative     Senate     Marafan Shonga    

Cloud Tag: What's trending

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

Saraki     Haruna Tambiri Mohammed     Ishaq Salman     Moses Rahman Popoola     Abdulkadir Akanbi-Oke     Gani Saadu     Convocation Ceremonies     Olabode Towoju     Kwasu     Okasanmi Ajayi     Khairat Gwadabe     Igbaja     Owo Isowo     Amada Jidda     Ijakadi     Lawan     Abdulkarim Adisa     Gbenga Awoyale     Michael Nzekwe     CELF     Omotoso     Oke-Ode     Shehu Salau     Ayegbeni     Yahaya Seriki     Aliyu Olatunji Ajanaku     Ibrahim Abdulqadir Abikan     SARS     Usman Rifun     Laboratory-to-Product     Y.A. Abdulkareem     Kwara State Football Association     Funmilayo Oniwa     Moro     Sa\'adu Gambari     Ajibola Ademola Julius     Saad Belgore     Kulende-UITH     Hussein Olokooba     Salman Jawondo     Abdulmutalib Shittu     Egbewole     Raliat AbdulRazaq     Simon Sayomi     Olupako     Bond     Agor Market     Dele Momodu     COVID     Saka Onimago     Biliaminu Aliu     Tunji Arosanyin     GAMA     Kwara Apc     Olaoye B. Felix     UNILORIN Alumni     Bamidele Aluko     Madawaki Of Ilorin     Micheal Imodu-Ganmo Road     Atiku     Bursary     KWAFFA     ARMTI     Lanre Aremu     Opaleke Bukola Iyabo     Economic And Financial Crimes Commission     Alapado     Suleiman Rotimi Iliasu     Okin Biscuit     Abubakar Suleiman     Okoolowo     Sarkin Malamai     Voices Of Tomorrow     COEASU     Balogun Ajikobi     Aremu Odolaye     Mufti Of Ilorin