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.

Sobi FM     Michael Nzekwe     Lawan     Kwara Primary Health Care Development Agency     Amusement Park     Oniye     Kwara State Sports Commission     Babata     Ahmed     AGM Professional Services     Societe Generale Bank Of Nigeria     Nigeria Governors\' Forum     College Of Arabic And Islamic Legal Studies     Henry Olaosebikan     Raliat Elelu-Habeeb     Tunji Arosanyin     Atiku     AbdulRahman Saad     Umar Sanda Yusuf     Talaka Parapo     IFK     Femi Agbaje     Yaman     Ademola Kiyesola     Khairat Gwadabe     Olatomiwa Williams     Egbejila     Olaosebikan     Abdulfatai Baakini     Ilorin Amusement Park     KWASIEC     Kayode Oyin Zubair     Olaitan Buraimoh     Abdulrahman Abdulrasaq     Isau     JMK Construction Company Limited     Abiodun Musa Aibinu     Belgore     Abdul-Rahoof Bello     Rasaq Jimoh     Onilupeju Of Ilupeju     ER-KANG     COEASU     Bola Ahmed Tinubu     Oko-Olowo     Sherif Sagaya     Ilorin Airport     Sulyman Atolagbe Alege     Convocation Ceremonies     Aiyedun     Bank Of Industry     Yekini Adio     Zulkifli Ibraheem     Peter Obi     Omoniyi M. Ayinla     Yoonus Lawal     IQRA College     Ishola Abdullahi     Maryam Nurudeen     Opaleke Bukola Iyabo     Offa Descendants Union     Maimunat Oloriegbe     Adijat Adebiyi     Olaoye B. Felix     Ebola     Medinat Folorunsho Salman     Ashiru     Shaaba Lafiagi     Tescom.kwarastate.gov.ng     Yusuf Ali     Aishat Mohammed Lawal     Chartered Institute Of Personnel Management Of Nigeria     Kolawole Akande     Rotimi Atere     Garba Idris Ajia     Yakubu Shaaba     Jimoh Lambe Abdulkareem    

Cloud Tag: What's trending

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

Segun Ogunsola     Ibrahim Abiodun     ANCOPPS     A.G.F Abdulrasaq     Abdul-Rasheed Na\'Allah     Saad Omo\'ya     Jide Oyinloye     Memunat Monsuma     Radio Kwara     Yaman     Makama Of Kaiama     Ahman Patigi     Halimat Yusuf     Biliaminu Aliu     Atiku     Siraj Oyewale     Ayo Salami     Magaji Nda     Babs Iwarere     Apaokagi     AbdulQowiy Olododo     Bilikis Oladimeji     Erubu     Ebola     Awili Pedro     Umar Ayinla Saro     Gobir     07039448763     TESCOM 2025     David Oyedepo     Ilorin.Info     Omu-aran     Abubakar Abdullahi Bata     Ayo Opadokun     Mike Omotosho     Sulyman Age AbdulKareem     AbdulHakeem Ajibola Akanbi     Nigeria Foundation For Artificial Intelligence     Salihu S. Yaru     Sobi Hill     Yahaya Dumoye     Sadiq Umar     Muhammad Sirajo Aliyu     Oluronke Adeyemi     Kazeem Gbolagade     Bola Tinubu     Rebecca Bake     Opobiyi     Harmony Holdings     Elerinjare-Ibobo     Kwara Restoration Project     Oju Ekun Sarumi     Abdulkadir Remi Hawawu     Sa\'adu Salahu     Olusegun Adeniyi     NaAllah     Valsolar Consultoria     Ayoade Akinnibosun     Temi Kolawole     Durbar     Adedayo Yusuf Abdulkareem     Rasheed Jimoh     Razaq Atunwa     Abatemi-Usman     SSA Youth     Emir Of Yashikira     CT Ayeni     Ilorin Like-Minds     Laboratory-to-Product     Oladipo Akanmu Tolani     Ayobami Seriki     Okasanmi Ajayi     KWASSIP     Ridhwanullah Al-Ilory     Muhammad-Mustapha Suleiman     Egbejila     Mohammed Khadijat Kubura