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.

Dapo Teni Nig Enterprise     Sheriff Olanrewaju     Firdaos Amasa     Iyabo Dupe Adekeye     CLAY POT     Donatus Ejidike     Akeem Olatunji     Aliyu U. Tilde     Abdulkadir Remi Hawawu     FOMWAN     Abikan     Neuropsychiatric Hospital     Kazeem Oladepo     Offorjama     New Naira Notes     Adisa Logun     Yemi Osinbajo     Shuaib Jawondo     Ahmed \'Lateef     Pius Abioje     Tinubu Legacy Forum     Toyin Sanusi     JAMB     Prince Sunday Fagbemi     Chief Imam Of Offa     Bankole Omishore     Plat Technologies     Olayinka Olaogun     Mahmud Babatunde Baker     Geri-Alimi Split Diamond Interchange     Jebba     Ayekale     Wasiu Onidugbe     Orisa Bridge     Ayinde Oki     Yusuf A. Usman     Mahmud Ayinla Giwa     Amule     Ghali Alaaya     Hausa     Ilorin Metro Park     Bolakale Saka     Ilorin Talaka Parapo     Ajia-Bako     Aishatu Ahmed Gobir     Kaosarah Adeyi     Wasiu Odewale     Smart School     Garba Ado Sanni     Kwara Coalition Of Business And Professional Associations     Tsaragi     Chief Imam Of Ilorin     Maryam A. Garuba     Ibrahim Agboola Gambari     Bello Oyebanji     Photo News     Alfa Yahaya Road     Abdulwaheed Musa     Mashood Dauda     Alimi Abdulrazaq     Fatimat Saliu     Funmi Salau     Kazeem Adekanye     General Hospital, Ilorin     Split Diamond Interchange     African Democratic Congress     Shuaib Abdulkadir     National Broadcasting Commission     Onilorin Of Ilorin     Oluranti Idowu     2017 Budget     Hamid Bobboyi     Gbenga Adebayo     Olatunde Oyeyiola     Samuel Adaramola     Sulyman Abdulkareem     Ajikobi    

Cloud Tag: What's trending

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

Ishaq Oloyede     Adamu Attah     Sa\'ad Alanamu     Abdulganiyu Oladosu     Suleiman Idris     Baba Issa Awoye     Raliat AbdulRazaq     Saidu Isa     Abdulganiyu Salahudeen     Kwarareports     Sarah Jubril     Olomu     Makama Of Ilorin     Ilorin Metro Park     Geri-Alimi Split Diamond Interchange     Edret Sabi Abel     Imodoye Writer’s Enclave     Musibau Akanji     Basit Olatunji     Olabimpe Olani     Bola Olukoju     Hydroelectric Power Producing Areas Development Commission     Aliyu Adebayo     Convocation Ceremonies     Oyedepo     Kale Kawu     Bayo Lawal     Baruten     Ayeyemi Sulaiman     Kwara State Polytechnic     Michael Imoudu National Institute For Labour Studies     Aishat Sulu-Gambari     General Hospital, Offa     Wahab Femi Agbaje     Kwara Pdp     Sai Kayi     Firdaos Amasa     Yahaya Oloriegbe     Muritala Olarewaju     Tunji Folami     Atiku Abubakar     Erin-ile     Asiwaju Bola Tinubu     NURTW     Muritala Awodun     Oba Abdulrahim     Gambari     Salaudeen Oyewale     Egbewole     Tunji Arosanyin     Admiralty Villa     Elewu     Modibo Kawu     Nupe     Bello Taoheed Abubakar     Oyin-Zubair     Okasanmi Ajayi     Hauwa Nuru     The Herald     Clara Nwachukwu     Saidu Kawu     Abdulwahab Oba     Freshvine Nigeria Limited     Frootify     A.E. Afolabi     Hamza Usman     Arandun     Tunde Yusuf     Sunday Fagbemi     Naira Redesign     Ibrahim Taiwo     Yahaya A Paniyaro     Kwara State Geographic Information Service     James Ayeni     Oke-Ero     Dan-Kazeem     Wahab Isa