As Nigerians prepare for the Eid-El-Kabir celebration, ram traders in markets across Ogun and Lagos states — including Ibafo, Kara, and Agege — have raised concerns over low customer turnout, attributing it to skyrocketing prices and tough economic conditions.
Speaking with PUNCH Metro on Wednesday, many of the traders said the cost of rams has surged significantly compared to last year, resulting in reduced patronage. They blamed the price hike on rising costs of transportation and animal feed, as well as increased expenses in sourcing rams from northern Nigeria.
Rabiu Abubakar, a trader at the Ibafo market, lamented the situation:
“Last year, this place was buzzing with buyers. Now, we just sit around with little to no sales. Rams that sold for N150,000 to N180,000 last year now go for between N250,000 and N280,000 — that’s over a 55% increase.”
Sabo Sheu, another trader, echoed Rabiu’s frustration, citing the high cost of transporting livestock to the South as a major contributing factor.
“Before, rams sold quickly, but now the market is dry. Buyers are complaining about the prices,” he said.
At the popular Agege abattoir in Lagos, the situation was no different. A sparse crowd and quiet stalls painted a bleak picture.
Olalere Oriyomi, one of the sellers, said, “Rams that cost N350,000 last year now go for N500,000. People just can’t afford it. This place is usually packed by now, but turnout is poor.”
Abu Muhammed attributed the rising costs partly to expensive animal feed. “By now, I should have sold all my rams, but buyers are holding back because prices are just too high.”
One trader, who chose to remain anonymous, said most buyers are only making purchases out of religious obligation.
“They feel they have to buy because it’s tradition — not because they’re financially ready.”
In Kara market along the Lagos-Ibadan Expressway, Idris Ishera reported similar challenges.
“This year, we have many rams, but no buyers. The smallest ram is N250,000, and some go for as much as N1 million. Last year, you could find a ram for N150,000.”
Despite the slow market, Idris appreciated the local and state governments for managing traffic well this year.
“There’s no traffic congestion at all around here, which is unusual during this season,” he noted.
Meanwhile, the Ogun State Government has assured residents of adequate security throughout the festive period.
Kayode Akinmade, Special Adviser to the Governor on Media and Strategy, stated, “While the government doesn’t regulate market prices, we are working closely with security agencies to ensure safety of lives and property.”
The Federal Government has declared Friday, June 6, and Monday, June 9, as public holidays for the Eid celebration.
