Eid-el-Kabir: Sellers lament low patronage as ram prices soar in Osun

Ram traders in Osogbo, Osun Stated on Thursday, lamented low patronage, attributing it to the rising cost and economic hardship in the country.
Some ram sellers who spoke with journalists said there was a decline in patronage compared to last year due to an increase in the price of rams in the market.
A trader at the Powerline market, Osogbo, Ismail Musa, lamented that the patronage was not encouraging compared to last year, noting that the cost of sourcing the rams from the North affected the price.
Mr Musa said that there was low patronage due to the country’s economic situation.
“People do not have much money. I have only sold five rams and four goats in the last three days. Last year’s sales were impressive, but this year’s sales have been slow. We are selling the big-sized ram for between ₦400,000 and ₦420,000 and the small-sized ram between ₦120,000 and ₦130,000. The rams that we sold for N200,000 last year now sell for N450,000.’’
He identified the cost of transportation from the North as the major factor contributing to the rising cost, calling for the reduction in the price of petrol.
Another ram seller, Abioye Saheed, said the medium-sized ram was being sold between N350,000 and N500,000, against N200,000 last year.
“Last year, the transportation cost was between N700,000 and N800,000 per trailer, but this year we are paying over N2 million from the northern part of the country,” he stated.
A cattle seller in front of Fakunle Comprehensive High School, Osogbo, Laro Suleiman, said that a small-sized cow sold for N250,000 last year is now N450,000.
Mr Suleiman said the cows were transported from Jebba, Kwara, at the rate of N5,000 each, as opposed to N2,500 last year.
“The increase in everything is because of the hike in the price of fuel,” he added.
A buyer, Odunade Kazeem, said that he bought a small-sized goat for N50,000.
“This size of goat was sold for N35,000 last year,” he said.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Heading 1
Two U.S. soldiers killed, four injured in Iran attack on Jordan
Two American soldiers were killed as U.S. and allied forces intercepted Iranian ballistic missiles and drones during an attack.

World
Turkey, Egypt deny access to LGBTQ cruise ship
Turkey denied the cruise ship permission to dock over what Ankara described as moral values inconsistent with the Muslim nation’s practices.

Uncategorized
BEDC seeks Appeal Court order to stop auction of seized operational vehicles
BEDC approached the Court of Appeal in Akure to halt the auction of three of its operational vehicles seized to enforce a N20 million judgement.

Sport
Josh Kerr breaks 27-year mile world record at London Diamond League; Nigeria’s Kayinsola Ajayi sets national 100m mark
Ajayi ran a time of 9.84 seconds to win the 100 metres event, beating reigning world champion Oblique Seville of Jamaica, who ran 9.87 seconds.

States
Katsina govt begins statewide 2027 budget consultations
The governor said the consultations would be held simultaneously across all 361 political wards in the state’s 34 local government areas.

Economy
CIBN projects 26.5% monetary policy rate retention
Mr Alabi said the expectation was based on the CBN’s inflation-targeting monetary policy framework and recent economic developments.





