The Eid-El-Kabir celebration is just around the corner, but ram sellers in major markets across Lagos and Ogun States are facing a tough time. Despite having ample stock of rams, traders are experiencing low patronage due to rising costs and the current economic downturn.
In interviews conducted on Wednesday, traders revealed that sales have drastically dropped compared to last year. Rabiu Abubakar, a trader at the Ibafo market, noted the stark difference in sales, saying, “If you were here this time last year, you wouldn’t see people sitting idly like this. Last year’s sales were impressive, but this year, they’re very slow.”
Price Increase
The cost of rams has risen by more than 50%, with animals that previously sold for ₦150,000-₦180,000 now priced between ₦250,000 and ₦280,000. Sabo Sheu, another seller, echoed similar concerns, stating that the high cost of transporting rams from the North to the South has also driven up prices. “Customers are complaining about the prices, and it’s affecting sales. Before, we used to sell our rams quickly, but now we just sit, waiting.”
At the Agege abattoir, a PUNCH correspondent observed a quiet market, with few customers in sight. Trader Olalere Oriyomi reported a price jump of ₦50,000 to ₦100,000 per ram compared to last year. “Usually by now, this place would be packed. But people just aren’t coming. Rams that sold for ₦350,000 last year are now going for ₦500,000.”
Reasons for Price Surge
Abu Muhammed, another seller, attributed the price surge to the escalating cost of animal feed, saying, “Feeds are very costly, and it’s a big part of why rams are expensive this year.” In Kara market along the Lagos-Ibadan Expressway, Idris Ishera expressed disappointment at the market’s dullness despite having a large supply of rams. “This year, we have many rams, but no market. The cheapest ram is ₦250,000, and some even cost as much as ₦1 million.”
Government Response
The Ogun State Government has reaffirmed its commitment to public safety during the celebration. The Special Adviser to the Governor on Media and Strategy, Kayode Akinmade, stated that while the government does not regulate market prices, it is collaborating with security agencies to ensure residents’ safety. “We urge everyone to avoid speeding and celebrate safely.”
The Federal Government has declared Friday, June 6, and Monday, June 9, as public holidays to mark the Eid celebration. Despite the challenges, some buyers are purchasing rams simply out of obligation to the religious tradition, rather than financial ease. “Many people are buying only because they feel they have no choice. It’s a long-standing Sallah tradition,” said a trader who chose to remain anonymous.
