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.

Musa Ayinla Yeketi     Kale Bayero     Mohammed Yahaya Barki     Abdulmumini Jawondo     MAI Akande     Shagari     CCT     Tanke     Abubakar Abdulraheem     Abdulsalam A. Yusuf     Iyabo Dupe Adekeye     Suleiman Mora Omar     Abubakar Bature Sulu-Gambari     Toun Okewale-Sonaiya     Muhammad Sirajo Aliyu     Salihu S. Yaru     Folashade Omoniyi     Oluwatoyin Lukman     Gbemisola Saraki     Umar Danladi Shero     Baboko     KWASSIP     Obasanjo     Issa Manzuma     KwaraLearn     Hydroelectric Power Producing Areas Development Commission     Abdulazeez Uthman     Air Peace     Bashir Omolaja Bolarinwa     Marafan Shonga     Bolakale Kawu     Abdulrasaq Alaro     Razak Atunwa     Ladi Hassan     Kunle Okeowo     Toyin Falola     Oladipo Akanmu Tolani     Kayode Ibrahim     Ilorin West/Asa Federal Constituency     ENetSuD     Shero     2023 Elections     Umar Ayinla Saro     Goodluck Jonathan     Harafat E. Mukadam     Prince Mahe Abdulkadir     Gobir Organization Foundation     Suraj Tunji Oyewale     Federal College Of Education (Special), Afon     Kwara Pdp     Kumbi Titilope     Afin Descendants Union Of Odo-Owa     Paul Odama     Dan-Kazeem     Damilola Yusuf     Hassan Abdulazeez Elewu     Muhammed Akanbi     Ronke Adeyemi     Sodiya     Usman Rifun     Demola Banu     Nupe     Dauda Adesola     Rotimi Samuel Olujide     Saad Omo\'ya     ITP     Ayedun     Ilorin International Airport     Isiaka Abdulrazak     Abdulkadir Remi Hawawu     Kudirat Arinola Lawal     Oluwarotimi Boluwatife Adenike     Kwara TV     Ben Duntoye     Saba Mamman Daniel     Kwara 2023     Government High School Adeta    

Cloud Tag: What's trending

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

Madawaki     Daud Adeshola     Pilgrims Board     Jide Ashonibare     Umar Ayinla Saro     Hajj     Ahmad Fatima Bisola     Toyin Sanusi     Joshua Adeyemi Adimula     Plat Technologies Limited     Yahaya Seriki Gambari     Sa\'adu Salau     Shoprite     11th Galadima     Kwarareports.com     Saka Balikis Kehinde     College Of Arabic And Islamic Legal Studies     Olomu Of Omu-Aran     Ilorin Innovation Hub     Aliyu Adebayo     Abdulwahab Oba     Gobir Organization Foundation     Oba Of Jebba     Tricycle Owners Association Of Nigeria     Mahmud Durosinlohun Atiku     Afolasade Opeyemi Kemi     Olayinka Jelili Yusuf     Abdulmalik Bashir Mopelola Risikatullahi     Road Transport Employers Association Of Nigeria     Jimoh Saadudeen Muhammed     Saliu Alamoyo     Saidu Yaro Musa     Elewu     Senate President     Kwara Polytechnic     Special Agro-industrial Processing Zone     Kwara 2023     Ganmo     IEDPU     Nigeria Computer Society     New Nigeria People’s Party     Taofeek Sanusi     Durbar     Funmi Salau     Bashiru Makama     Ronke Adeyemi     YAKOOYO     Hakeem Lawal     CCEPE     Hausa     Mike Omotosho     Sun Qing Rong     ITP     Taofik Abdulkareem Babaita     AbdulRazaq AbduMajeed Alaro     Gobirawa     Gurei     ER-KANG     Kwara State Television (KWTV)     Trade Lenda SME Fair     Raimi Iyanda     John Mayokun Dada     Code Of Conduct Bureau     Surajudeen Akanbi     Olusin Of Ijara Isin     Kwara University Of Education     Afolabi-Oshatimehin Adenike Harriet     Issa Manzuma     Sanitation Exercise     Abubakar Abdulraheem     Kulende     ANCOPPS     Abdullahi Saadudeen Alikinla     Saka Asiat Ayinke     Ilorin Central Mosque     Kwara State Branch Of The National Library     Oke-Odo