Prices of rams in the Nigerian Federal capital Territory, FCT have remained stable as the Eid-el-adha celebration approaches.
This is according to survey conducted at the Dei-dei Livestock Market and Dutse Market, which showed that the prices of small, average and big rams at both markets ranged between a negotiable price of N30,000 and N120,000.
This is against the price range of between N35,000 and N120,000 within the same period last year.
However in spite of the low cost, some of the sellers complained of low patronage this year and expressed dissatisfaction with the low offers by some customers.
At Dei-dei market, a ram seller, Malam Munir Tanko, blamed the low patronage currently being witnessed in the ram market, to the state of the nation’s economy.
He explained that some of the ram sellers, particularly those from the North-East, had lost their animals to the insurgency in the zone and had been forced to import from Niger Republic and Chad, to remain in business.
The seller also lamented that in spite of the exorbitant cost of transporting the livestock, customers had continued to offer low prices for the animals.
“Transporting these animals to Abuja and other states can be very expensive. This is exclusive of their feeding, yet their value has continued to drop with customers seeking cheap bargains after complaining of paucity of funds.
“I and some of my boys have been able to sell a few rams out of the more than 200 we brought.
“Some buyers come, price the rams and go without buying as the price may have exceeded their budget.
“It is not our fault; we did not buy them cheap too; even the ones we reared ourselves are expensive because it is not easy to feed and rear animals for two or more years; it costs money,” Tanko said.
Another seller, Mr Isah Mai-Dabino, said that patronage was fair in spite of the prevailing economic situation, saying that people were offering “low but acceptable offers”.
According to him, Eid-El adha is a divinely-ordained festival, even though killing ram is not mandatory, particularly for those who cannot afford it.
A buyer, who identified himself as Mr Akeem Adesola, said that he came to purchase a big ram but ended up with a small one because he couldn’t afford his choice due to its high price.
“The one I ended up buying cost me N35,000, while the medium size I had wanted to buy was going for a negotiable price of N60,000.
“I have visited many ram markets around town but I couldn’t buy any because of the high cost; that is why I came here, hoping it would be better,” he said.
According to him, it is obvious from all indications that the prices may be higher in the few hours remaining for the festival.
“If you can afford, buy it; if you can’t, leave it. It is not compulsory for anybody who cannot afford it; it is not a luxury; it is for sacrifice,” he added.