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.

Kwara Consultative Forum     Vasolar Consultoria     Kolade Solagberu     Bio Ibrahim     Aisha Abodunrin Ibrahim     Zaratu Umar     Presidential Election     Taofik Abdulkareem     Saka Isau     AbdulKareem Yusuf Danhawa     Gobir Organization Foundation     Mahe Abdulkadir     Igbomina     Shero     GGDSS Pakata     Ayotunde Emmanuel Alao     Suleiman Ajadi     Abubakar Olusola Saraki     Samuel Olusegun Adedayo     Ahmed     Shade Omoniyi     Smart School     Communication Network Support Services     KWATMA     Mary Kemi Adeosun     Otunba Taiwo Joseph     Rebecca Olanrewaju     Sheriff Shagaya     Elelu     Kolawole Akande     Elewu     Kwara State Printing And Publishing Corporation     NIPR     David Oyerinola Adedunmoye     Ilorin Anchor Men And Women     Split Diamond Interchange     Saka Balikis Kehinde     Saba Mamman Daniel     Kupchi Hosea Maxwell     Usman Yunusa     Hausa     Musa Abdullahi     Bamikole Omishore     Gwanara     COEASU     Olabode Towoju     Ibrahim Mohammed     Lateef Alagbonsi     Iyiola Oyedepo     Abdullahi Samari     SWAN     Unicontinental Construction Company     Oni Adebayo     Kisira     Mohammed Ghali Alaaya     Bashir Adigun     Shuaib Boni Aliyu     ENetSuD     Doyin Awoyale     ASMAU PLAZA     Yusuf AbdulRasheed     Ahmad Ali     Elections     Vishvas KOZ Tractors     Dan Iya     Muhammed Aliyu     Sun Qing Rong     Standard Organization Of Nigeria     Ishaq Oloyede     Coalition Of Kwara North Groups     Galland Marcias     Ilota     Oniwa     Towoju     Musibau Akanji     Olusin Of Ijara Isin     Mumeen Lah    

Cloud Tag: What's trending

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

Cornelius Adebayo     Ilorin Durbar     Solomon Edoja     KFA     Clement Yomi Adeboye     National Information Technology Development Agency     Saidu Yaro Musa     Okin Group     Congress For National Consensus     Aso-ofi     Tsaragi-Share     Yemi Sanni     LEAH Charity Foundation     Summit University     Road Transport Employers Association Of Nigeria     Bolaji Aladie     Aasiyat Bello Oyedepo     LABTOP     Sanusi Abubakar     Mashood Dauda     Abdulrazak Shehu Akorede     Niyi Ogundiran     Emmanuel Bello     Olayinka Jelili Yusuf     Khairat Gwadabe     Earlyon Technologies     Balogun-Ojomu     Tsaragi/Share     Volunteers Of Ilorin Community And The Emirate     Olaoye B. Felix     Overland     KWACOBPA     International Public Sector Accounting Standards     Kamoru Kadiri     Issa Manzuma     Mashood Abdulrafiu Agboola     Abubakar Lah     Ghali Muhammed     Lai Mohammed     Oko-Erin     Maryam Nurudeen     Haliru Yahaya     Hakeem Idris     Samuel Adaramola     NIPR     Coronavirus     Hussein Olokooba     Village Alive Development Association     Reuben Paraje     Garba Idris Ajia     Ajase-Ipo     Ibrahim Abduquadri Abikan     Quarry Royal Valley     UNILORIN Alumni Association     Economic And Financial Crimes Commission     JMK Construction Company Limited     Shuaib Boni Aliyu     Allocation     Owo Arugbo     Lafiagi     Abdulrasheed Lafia     John Obuh     Majlis For Sadakah, Zakat And Waqf     Saka Onimago     Lateef Alagbonsi     Kwara Hotel     Hijab     Prince Mahe Abdulkadir     Mustapha AbdulGaniyu     Charles Ibitoye     Emmanuel Olatunji Adesoye     Abubakar Kawu Baraje     Ophthalmological Society Of Nigeria     Amina Susa\'a De Ahmed     TETFUND     Kisra     Oba Abdulkadir La\'aro