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.

AbdulRazaq AbduMajeed Alaro     Bolaji Gambari     Alfa Modibo Belgore     Basic Education Certificate Examination     Aisha Buhari     Magaji Are     Bond     IPSAS     Yusuf Lawal     Fatimah Abdulkadir     Onilupeju Of Ilupeju     IDPU     T And K FOODS     Sarkin Malamai     Kwara Metro Park     Seni Saraki     Olumide Daniel Ibitoye     Deji Ajani     College Of Education     Katibi Ibraheem Adeola     Taofik Abdulkareem     Issa Memunat Moyosore     Ahmed Dankaya     Taofik Abdulkareem Babaita     Niguel Gallando Marcias     Yunus Oniboki     Idris Amosa Oladipo Saidu     Kwara State Geographic Information Service     Centre For Peace And Strategic Studies     Osi     Ibrahim Sulu Gambari     Raliat AbdulRazaq     Towobola Abdulrahman Toyin     Rafiu Ibrahim     Yusuf A. Usman     Ekweremadu     Yusuf Zulu-Gambari     Garment Factory     Toyin Abdullahi     Yoonus Lawal     Boko Haram     Umar Ayinla Saro     CELF     Mohammed Halidu     Alabi Lawal     Oke-Ode     Lanre Olosunde     Kamaldeen Ajibade     Elections     Kwara State Fish Farmers Association     Mohammed Abdulahi     Oye Tinuoye     Ebola     AbdulGaniyu Kareem     Erin-ile     Oniye     Oloyede     Saliu Ajia     2017 Budget     Abubakar Suleiman     Majlis For Sadakah, Zakat And Waqf     Ophthalmological Society Of Nigeria     Olatunji Ayeni     Orisun Igbomina     Aliyu Sabi     Abubakar Usman Jos     Adegoke Bamidele     Ubandoma Of Ilorin     Mustapha Akanbi     Vasolar     Senior Staff Union Of Colleges Of Education     Ajasse-Ipo     AGF Abdulrazaq     Wahab Egbewole     Orisa Bridge     Rueben Parejo     Bayer Nigeria Limited    

Cloud Tag: What's trending

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

Bolakale Ayo     Aliyu Adebayo     Saheed Akinwumi     Congress For National Consensus     Mohammed Haruna     Amina El-Imam     Colleges Of Education Academic Staff Union     Femi Ogunsola     Sunday Otokiti     Seun Bolaji     Ramadan     Adedipe     Funmilayo Oniwa     Ogidi-Oloje     High Court     Chemiroy Nigeria Limited     ITEM 7     Jumoke Gafar     Mufti Of Ilorin     Sabi     Arandun     Aisha Abodunrin Ibrahim     Abubakar Imam     Sarah Jubril     Gbenga Awoyale     Valsolar     Bola Olukoju     Yusuf Amuda Gobir     Sarafadeen Kayode Akorede     Yinka Aluko     Ademola Kiyesola     Olaitan Adefila     Dankaka     NFAI     07039448763     Owode Market     Tanke     Olabanji Orilonishe     Sherif Sagaya     Ganiyu Abolarin     SDP     AbdulRazaq AbduMajeed Alaro     Dar-Al-Handasah Consultants     Soffiyyallah Kamaldeen     Chartered Institute Of Personnel Management Of Nigeria     Katibi Ibraheem Adeola     Demola Banu     Sa\'adu Salau     Jide Oyinloye     Adedeji Onimago     Majlis For Sadaqah, Zakat And Waqf     Bolaji Gambari     Sunset Workers     Femi Oladiji     Okin Biscuit     Olatunji Abdulmumeen     Ifelodun     Turaki Of Ilorin     Ayegbeni     Gbenga Olawepo     Makama Of Kaiama     Lawal Olohungbebe     Bamikole Omishore     Sulyman Tejidini     Elewu     Voices Of Tomorrow     Azeez Salawu     JAMB     Toyin Olayinka Tejidini     Hydroelectric Power Producing Areas Development Commission     Mahee Abdulkadir     Kwara State Television     CACOVID Palliatives     AbdulRahman Saad     Muideen Olaniyi Alalade     Afusat Nike Ibrahim     JMK Construction Company Limited