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.

Bayo Onimago     Shade Omoniyi     Osinbajo     Convocation Ceremonies     Modibbo Kawu     Ilorin Metro Park     Diagnostic Centre     Toyin Sanusi     Just Law Forum     Toyosi Thomas     Kwara State Council Of Chiefs     Ibrahim Abdulkadir Abikan     KWAFFA     National Information Technology Development Agency     Kale Bayero     Aisha Abodunrin Ibrahim     Sadiq Umar     National Broadcasting Commission     Mumeen Lah     Kwara United     Yahaya Abdulkareem     David Oyerinola Adedunmoye     Abdulkadir Akanbi-Oke     Olohungbebe     Yakubu Gobir     Shettima Of Ilorin     Centre For Community Empowerment And Poverty Eradication     Yakub Lai Gobir     Special Agro-industrial Processing Zone     Femi Ogunsola     Yusuf Babatunde Abdulwahab     Abdulsalam A. Yusuf     Kwara State Printing And Publishing Corporation     Jare Olatundun     Saka Aleshinloye     Shagari     Taofik Abdulkareem     Saka Isau     General Hospital     Bureau Of Lands     School Of Nursing     Ita-Ore     Nigerian Supreme Council For Islamic Affairs     Samuel Adedoyin     Sidikat Alaya     Abdulkadir Orire     Abdulbaqi Jimoh     All Confederation Of Principals Of Secondary Schools     Opaleke Bukola Iyabo     Olatunji Abdulmumeen     Kwara State Football Association     Clara Nwachukwu     LABTOP     Oloriegbe     Modibo Kawu     Tosho Yaqub     Musa Aibinu     Yusuf Mubarak     Amusement Park     Adamu Atta     Muyideen Ajani Bello     Niguel Gallando Marcias     Mohammed Abdulahi     Christopher Odetunde     Turaki Of Ilorin     Lai Mohammed     Mumini Ishola Hanafi     Olajumoke Monsura Gafar     SGBN     Atiku Abubakar     Elese Of Igbaja     CUTI     Aliyu Alhassan     Matthew Babaoye     Binta Abubakar-Mora     QuickWin     Aisha Buhari    

Cloud Tag: What's trending

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

Offa Poly     Jare Olatundun     Ojuekun Sarumi     C2c@kwarastate.gov.ng     Lanre Issa-Onilu     Women For Change And Development Initiative     Solomon Edoja     Valsolar Consortium     Zaratu Umar     Turaki     Abdul-Rasheed Na\'Allah     Busari Alabi Alausa     Sai Kayi     Mahmud Ajeigbe     Abdulrosheed Okiki     Elese Of Igbaja     Abdullahi Dasilva Yussuf     Esinniobiwa Quareeb     Abdulrahman Onikijipa     Odo-Owa     Presidential Election     Abdulahi Abubakar Bata     International Vocational Centre     Abatemi Usman     Ajakaye     Ahmed Saidu Rufai     IEDPU     Abdullahi Adisa Akodudu     IYA YUSUF     Hajj     NIPR     Femtech     Akande Idowu Ayoola Muhammed     Abikan     Eghe Igbinehin     Rapheal Ashaolu     Tunde Oyawoye     Henry Olaosebikan     Salmon Babatunde Salmon     Ayinke Saka     AGM Professional Services     Mopelola Abdulmaliq-Bashir     Saliu Oluwole     Abdulmumini Jawondo     Muhammed Abdullahi     Galadiman Ngeri     Baakini     Rafiu Ibrahim     Aliyu Alhassan     Agboola Abdulraheem     Femi Gbajabiamila     Issa Oloruntogun     Aminat Omodara     Muhammed Taofeeq Abdulrazaq     Logun     Share     Sango-UITH Road     Tunde Saad     Surajudeen Akanbi     Kale Ayo     NFAI     Ibrahim Abdulkadir Abikan     Bisi Kristien     Balogun Gambari     Chemiroy Nigeria Limited     March 18     Alabere     Ajase-Ipo     Babajide Ajayi     KWTV     Fola Consultant     Laduba     Ubandawaki     Ahman Pategi     Offa Descendants Union     Suleiman Mora Omar     Volunteers Of Ilorin Community And The Emirate