Kwara Ram Sellers Attribute High Prices to Fuel Subsidy Removal
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.
Shonga Farm Project Kuliyan Geri Sheikh Ridhwanullah El-ilory Moses Salami Post-utme Victor Gbenga Yusuf Wahab Kunle Shittu Olusegun Adeniyi Isiaka AbdulRazaq Assayomo JMK Construction Company Limited Moshood Bakare TIIDELab Olatunji Bamgbola Ijakadi Maryam Ado Bayero Tanke Flyover Bridge Yusuf Abdulwahab Gbemisola Saraki Daud Adeshola Ahmed LABTOP Imodoye Writer’s Enclave Sola Saraki Educational Foundation Ope Saraki Kayode Bankole Musa Alhassan Buge Mansurat Amuda-Kannike Isin Orisun Igbomina Olomu Of Omu-Aran Abdulrazaq Akorede Abdulmajeed Wahab Federal College Of Education (Special), Afon Bisi Kristien Sidikat Uthman Ajibola Just Law Forum Erubu Oba Zubair Kannike Maja Aliyu Alhassan Ndakene Olubukola Kifayat Adedeji Transition Implementation Committee Arinola Lawal AbdulHamid Adi Bilikisu Gambari Orire Olabode George Towoju Sayomi Funmilayo Zubair Naira Redesign Dele Belgore Kudirat Arinola Lawal Okasanmi Ajayi Durosinlohun Kawu Ilorin East/South Federal Constituency Freshvine Nigeria Limited Nupe Ahmed Dankaya Olatinwo Oya State Galadiman Ngeri Odo-Owa Amusa Bello Katibi Ibraheem Adeola Fatima Abolore Jimoh Okin Biscuit Split Diamond Interchange Raliat AbdulRazaq Paul Olawoore Abdulkadir Bolakale Sakariyah Air Peace Gani Saadu Niyi Osundare Wahab Olasupo Egbewole Quran