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.

ITP     Raji Ayodele Kamaldeen     Olubukola Kifayat Adedeji     Samuel Adaramola     Kolade Solagberu     Edu     Moshood Mustapha     Yusuf Babatunde Abdulwahab     Abdul Jimoh Mohammed     Saliu Tunde Bello     Simeon Ajibola     Olufolake Abdulrazaq     Just Event Online     Farouk Salim     Ope Saraki     Omoniyi M. Ayinla     Mashood Dauda     Lawyers Unite Against Corruption     Abdulrauf Yusuf     Sarkin Malamai     TVC Female National Debate     Nigeria Foundation For Artificial Intelligence     Fatai Olodo     Matthew Okedare     Makama Of Kaiama     Adesina Simon Sodiya     Senate Presidency     Ben Duntoye     Forgo Battery     Abdulkadir Orire     National Broadcasting Commission     Sidikat Uthman Ajibola     Yunus Oniboki     Aliyu Olatunji Ajanaku     Ganiyu Abolarin     NFAI     Mutawali Of Ilorin     Turaki     Okin Group     Ile Arugbo     Prince Sunday Fagbemi     Kayode Ogunlowo     Offa     Oke-Ero     Umar Danladi Shero     Aminat Omodara     Jide Ashonibare     Sobi FM     Ayo Salami     Doyin Group     Kwara State Government     Al-Adaby     Gambari     Modibbo Kawu     KWIRS     Omoniyi     Shettima Of Ilorin     Shettima     YAKOOYO     Ridhwanullah Al-Ilory     Ibrahim Taiwo     Muslim Stakeholders Of Kwara State     Bolaji Aladie     Jimoh Lambe Abdulkareem     Olaiya Zuberu     Aliyu Kora Sabi     Bolakale Kawu Agaka     Ileloke     Funmi Salau     Musa Alhassan Buge     Moses Salami     Crystal Corner Shops     Abdulraufu Mustapha     Bayo Onimago     Muhammad Sirajo Aliyu     Undergraduate Bursary     IHS Towers    

Cloud Tag: What's trending

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

Yahaya A Paniyaro     RTEAN     Sulyman Abdulkareem     Musa Aibinu     Bolakale Saka     Amina Susa\'a De Ahmed     Kwara North     Kwara Polytechnic     Yakubu Gobir     Kwara State Sports Commission     Savannah Centre For Diplomacy, Democracy And Development     Hajj     Apaola     Yahaya Seriki     Aliyu Umar     Ekiti     Rachael Obisesan     Yusuf Abdulkadir     Eleja     Millennium Development Goals     Principal Private Secretary     Olosi Of Osi     Funmilayo Zubair     Obasanjo     Taofeek Ibraheem     Women Radio     Jumoke Gafar     Onilorin Of Ilorin     Ibrahim Abiodun     Umaru Saro     Orisa Bridge     Amule     Onilupeju Of Ilupeju     Issa Oloruntogun     Kwara Politics     Salihu Ajibola Ajia     Raliat Islamic Foundation     Rabiu Kwankwaso     Umar Yakubu Jaja     Bilikisu Gambari     Mansur Alfanla     Demola Banu     Road Transport Employers Association Of Nigeria     Col. Ibrahim Taiwo     Danladi     Oke-Oyi     Sunset Workers     Isiaka Saka Opobiyi     Yusuf Badmus     Local Government     Aminat Ahmed     Sam Onile     Oke-Ero     Doyin Agbamu     Isaac Aderemi Kolawole     Donatus Ejidike     Olabanji Orilonishe     Bashir Omolaja Bolarinwa     Kwarareports     Siraj Oyewale     Matthew Babaoye     Local Government Pension Board     Ibrahim Mashood     Femi Agbaje     TVC Female National Debate     Nigeria Customs Service     Lanre Badmas     Agboola Abdulraheem     Fareedah Dankaka     Mubarak Oladosu     Association Of Kwara State Online Media Practitioners     Haruna Olawale Sulaiman     Muslimah Entrepreneurship Forum     Sabo-Oke     Ijagbo Health Centre     Ilorin Like-Minds     Lanre Olosunde