Kwara Ram Sellers Attribute High Prices to Fuel Subsidy Removal
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.
Abdulrazaq Aiyelabegan Sherif Sagaya Elese Of Igbaja Aminat Omodara Kwara Liberation Group Saliu Mustapha Isiaka Saka Opobiyi NIRSAL Abdulquowiyu Olododo Senate Presidency Alabi Olayemi Abdulrazak Nurudeen Mohammed Muyideen Ajani Bello Muhammed Danjuma Alimi Abdulrazaq A.E. Afolabi Abubakar Abdulraheem Kisra Kudirat Arinola Lawal Oke-Kura Bolakale Saka Okiki Dar-Al-Handasah Consultants Igbaja SUBEB Innocent Okoye Edret Sabi Abel Rafiu Ajakaye Wahab Olasupo Egbewole Ben Duntoye Eleja Taiwo Banu Mumeen Lah Kwarareports.com Lawal Olohungbebe CBT Halimat Yusuf Adamu Jemilat-Baki ER-KANG Obasanjo Bolakale Kawu Agaka Code Of Conduct Rapheal Ashaolu Village Alive Development Association Oniyangi Rebecca Bake Christopher Ayeni Ilorin Descendants Progressive Union Yusuf Ali Idris Amosa Saidu Oke-Oyi Sobi Specialist Hospital James Kolo Guber Aspirant Oyedun Juliana Funke Ganmo Power Sub-Station Akorede Mohammed Katsina Ahmed Royal FM Habeeb Saidu Aso Ofi Adamu Atta Olabode Towoju General Tunde Idiagbon International Airport Ilorin Samuel Elizabeth Keatswa Abdulrosheed Okiki Mohammed Lawal Labaeka Razak Atunwa Yusuf Badmus Ibraheem Abdullateef Kwara Poly Col. Taiwo Offa Descendants Union Saka Keji Abdulmutalib Shittu Olatunji Bamgbola Olupako Of Share

