Influx of rams from Niger Republic and other states in North West Nigeria are said to be responsible for the crash in prices of rams in major animals markets in Minna the Niger State Capital, North Central Nigeria barely few days to Eid el Kabir.
A market survey by Voice of Nigeria in some major ram markets and makeshift ones which have sprang up as the festival approaches shows that prices of rams are lower this year compared to 2018 Eid El Kabir period.
Our correspondent reports that ram merchants from ,Katsina, Zamfara, Kebbi ,Kano and Sokoto states all in the North western part of Nigeria, and also from Niger Republic and other neighbouring countries troop into markets across the state annually with different species of the animal.
According to a local dealer in Bosso market within the state capital, Malam Abdullahi Usman that increase in the number of makeshift ram markets across the state have adversely affected the yearly business especially in the state capital unlike the previous years.
” Rams are more cheaper this year compared to last year, a ram we sold last year at the cost of N30,000 is presently selling at the cost of N25, 000 or N26, 000 while those which go for N40, 000 the previous year now sell at just N35,000.
“The costliest ram in the market this year was sold at the cost of N120,000 unlike last year when a ram of its type was sold at the rate of N170,000,” he explained.
Mallam Abdullahi however said despite the crash in prices of rams, yet they have been experiencing low patronage from buyers due to paucity of funds in circulation.
The Wakilin Sarkin Turken Minna, (leader of ram dealers) , Alhaji Sabo, also explained to Voice of Nigeria that though supply of rams has really increased, but has not positively change the market situations, as the demands has been very low.
” One can not compare last year’s market situations and this year, both in terms of prices and that of patronage, very few people visits our shades,” he said.
He however attributed the market situation to not only influx of merchants from from the North western part of the Country and the Republic of Niger, but also the participation of local home breeders from within the community and rural areas of the state has drastically brought down prices of rams.
A resident, who was at the UK Bello makeshift ram market also told Voice Of Nigeria that he has gone round various markets within Minna Metropolis to ascertain the prices of rams before he makes his purchase.
” I was in Beji village Market this Morning, but I could not lay my hands on any ram due to congestion of people struggling to purchase rams, I have decided to wait till on Sallah day may be the price would crash as I don’t have money to purchase the specie of ram I really want, “he said.
Mohammed Umar a local dealer at U K Bello ram market also lamented the low turn out of customers as compared to last year, while expressing optimism that the market may be vibrant before the end of the festivity .