Business is booming.

Ram dealers bemoan low patronage as prices soar in Benin

Rams sellers in Benin City, Edo State, on Sunday decried low patronage amidst the high cost of the sacrificial animal, less than a week to the celebration of Eid-el Kabir festival.

A Correspondent of the News Agency of Nigeria (NAN), who visited the 2+2 Cattle Market, Eyaen in the Edo capital, reports that rams were sold from N80,000 above.

Mallam Aliko Haruna, Chairman of the cattle market, told NAN that the soared cost was a direct reflection of the economic situation in the country.

The chairman said it might be incorrect to blame insecurity in the North for the situation.

“I don’t know if insecurity can be blamed for this, but what I know is that everything is costly now.

“Anything you go to market to buy now, is cost. It is not really the issue of insecurity.

“We only go to the North to buy at market; enter vehicle and bring it here.

“We don’t go to villages. It is only when you begin to go into those villages that you can talk of insecurity. Though attacks happen on road too, it is not always,” said Haruna.

The cattle market leader added that while one could get a ram for N80,000, the moderate size began from N100,000 above.

“People have not been really coming in number, but they will still come.

“It is hard to get a ram for N50,000. We don’t have rams of N60,000, but you can get like N80,000 to N100,000,” he said.

In the past, he said buyers would have been coming into the market to pick one or two rams, with a week into the festivities.

Corroborating the chairman’s view in a separate interview, Mallam Muazu Hassan, another ram seller, said he only made three sales in the last one week.

“Since last week, I only sold three. I sold one for N205,000; one for N120,000 and the third one, N170,000.

“It is grade by grade. We sell some N350,000; some N600,000. But I know, In Sha Allahu (by God’s grace), people will come to buy.

“Some may be thinking if the Sallah nears, the cost would come down.

“We can’t say the direction the price would go before Sallah day. It may come down and it may soar up.

“The situation at the market in the North will largely decide. We are waiting,” he said.

When asked if one could get a ram for between N35,000 and N50,000, he said it was only a small goat.

“For goats, you can get for N35,000; and from N40,00 to N50,000,” Hassan said.

The ram seller blamed the situation on high cost of transportation due to high diesel price.

‘Cost of transportation is another problem. We hire a vehicle (articulated) for N1.1 million now due to high cost of diesel.

“They say a litre is N850. When they sold a litre for N350, they hired for N450,000.

“The cost has really gone up and it is this diesel matter that is causing wahala,” he observed. 

Quality journalism costs money. Today, we’re asking that you support us to do more. Support our work by sending in your donations.

The donation can be made directly into NatureNews Account below

Guaranty Trust Bank, Nigeria

0609085876

NatureNews Online

Get real time updates directly on you device, subscribe now.

Leave a comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More