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.

Abdul-Rahoof Bello     Titus Suberu-Ajibola     Olaitan Adefila     Oniyangi Kunle Sulaiman     Akorede     Volunteers Of Ilorin Community And The Emirate     Hassan Saliu     Ridwan Agboola     Salmon Babatunde Salmon     Onilorin Of Ilorin     Shaaba Lafiagi     Kassim Babamale     Yahaya Abdulkareem Babaita     Unicontinental Construction Company     Oloriegbe     Talaka Parapo     Share-Tsaragi     Imam Gambari     Congress For National Consensus     Ayedun     Samuel Olusegun Adedayo     Garment Factory     Olumide Daniel Ibitoye     Yusuf Lawal     Okedare     Aishat Sulu-Gambari     Joseph Daudu     Ilorin Muslim Community     Awodun     Kumbi Titilope     Bayer AG     Olatunde Oyeyiola     Joseph Yemi Ajayi     Fatai Olodo     Ajibola Ademola Julius     Agboola Babatunde     Abiodun Abdulkareem     Shonga     Olosi Of Osi     Clara Nwachukwu     Pacify Labs     Ahmed Shuaib Buranga     Gbemisola Oguntimehin     Isiaka Rafiu Mope     Dar-Al-Handasah Consultants     Jawondo     Gobir     Ohoro Of Shao     Sidikat Uthman Ajibola     James Ayeni     Mamman Saba Jibril     Yakubu Shaaba     Siddiq Adebayo Idowu Salawu     Samuel Adaramola     Isiaka Alikinla     Bolaji Abdullahi     Freshvine Nigeria Limited     Oloyede     Yahya Mohammed     Park     Mohammed Danjuma     Okanlawon Taiwo     Salaudeen Oyewale     Tunde Mukaila Mustapha     Sarkin Malamai     Ilorin Emirate     Omar Bolaji Gambari     Government Girls’ Day Secondary School Pakata     Nurudeen Muhammed     Abdulfatah Ahmed     Olanrewju Okanlawon Musa     Special Adviser On Digital Innovation     Rebecca Olanrewaju     Bashir Adigun     Abdulrazaq Adebayo     KWAFFA     Ibrahim Taiwo    

Cloud Tag: What's trending

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

Rueben Parejo     Florence Saraki     Tosho Yaqub     Ahmad Lawan     Alfa Yahaya Road     Bolaji Gambari     Sadiq Umar     Rabiu Kwankwaso     Local Government Pension Board     Ibrahim Abdullahi     Oluranti Idowu     Maryam Ado Bayero     Gbadeyan Gbadura Yomi     Samari     Ibrahim Oloriegbe     Summit University     Kaiama     Olatunde Jare     Isa Aremu     Adijat Adebiyi     Kwara South     Jimoh Lambe Abdulkareem     Hakeem Idris     Idi-Ape     Zaratu Umar     General Tunde Idiagbon International Airport Ilorin     Omar Bolaji Gambari     Garba Idris Ajia     Mutawali     Tsaragi     Hauwa Nuru     Omotoso     Yahaya Dumoye     Benin Republic     Ahmed Mohammed Rifun     Galadiman Ngeri     Ado Bayero     Aisha Ahman-Pategi     Okin Malt     Kwara 2023     Aliyu Kora Sabi     NNPP     Anilelerin     Ganmo     JSSCE     Gurei     Dan Masanin     Dumagi     Suwa-Arabs     David Oyedepo     Kola Bukoye     Abdullah Janet Amudat     Kola Shittu     Jare Olatundun     Mohammed Kamaludeen     Charcoal     Abdulrasheed Akogun     TESCOM     Amina Susa\'a De Ahmed     Alapansapa     Abubakar Lah     Ganiyu Abolarin     Oba Abdulrahim     Sola Saraki Educational Foundation     Aliyu Muhammad Saifudeen     Tsaragi/Share     Forgo Battery Company Limited     Dar-Al-Handasah Consultants Ltd     Radio Kwara     Ibrahim Orire     Ayinde Oki     Dan-Kazeem     Taofik Abiodun Ahmed     Ojo Fadumila     Vishvas KOZ Tractors     Ajayi Okasanmi     Jelili Yusuf