Barely twenty-four hours to the celebration of Eid-el-kabir, some ram sellers in the Federal Capital Territory (FCT) are complaining of low patronage, resulting in low sales and drop in prices at various seasonal markets in the Territory.
While some of them expressed worries that with not more than a day to Sallah, the market is still dry, they are likely to record huge loss, other are optimistic that before the end of today (Friday) the situation would get better, as some people don’t usually buy ram until the eve of Sallah or even on the day.
Peoples Daily’s findings revealed that the rams and cattle at the market are sold at vary prices, depending on size and other considerations. While some rams go for between N30,000.00, N35,000.00, N50,000.00, N55,000.00, N60,000.00, N100,000.00, and N120,000.00 respectively; the prices of cattle stood at N130,000.00, N150,000.00 and N170,000.00 respectively.
According to a ram and cattle seller at a seasonal market near Apo round-about, in Abuja, Kabiru Abubakar, as at last week, the prices of ram were higher than this week.
He disclosed that a ram they sold for N160, 000.00 (one hundred and sixty thousand naira) last week, now goes for between N100, 000.00 and N120, 000.00 respectively.
He attributed the drop in prices to many people from different villages flooding the seasonal market with rams, where there are fewer buyers, thereby forcing the cost of the animals, usually in high demand during the Sallah.
“As of now the market is being flooded with rams with few buyers, instead many people from different places keep bringing more rams to the market for sale,” he noted.
Another trader, Khalid Yakubu, who is also sells rams and cattle, complained that with just one day to Sallah, the market is dry, as there are not much buyers coming to the market that much, resulting in low sales.
“The low patronage is of a great concern to us (ram and cattle sellers), because we have invested our money into acquiring the animals, and the market is almost over.
“We have just today (yesterday) and tomorrow (Friday) left for us to sell off our goods,” he stressed.
Not left out, Idris Bako, who is also a ram seller, decried that they suffer a lot to feed the rams up to now, without succeeding in selling them, and the market is almost over.
He however said that they (traders) are optimistic that before the end of today (Friday) buyers would full the market and buy them all, adding that some people don’t usually buy ram until the eve of Sallah.
“Because they don’t want to bother themselves with feeding the animal, but they would just come to the market even on Sallah day and buy as much as they want and leave, so I’m sure that even our rams reach Sallah day, they are going to get finish,” he expressed.
On his part, one Abdulrahman Ahmad, who bought ten ram and a cow said he came to the market last two weeks to buy the rams and discovered that the prices of ram was too high, and decided to leave and return later, when the prices were expected to fall.
According to him, a ram he had wanted to buy, when he visited the market two weeks ago, which was refused to be sold to him for N70, 000.00 (seventy thousand naira), now goes for N40, 000.00 only.
” Imagine that a ram i wanted at for N 70,000 and they refused to sell to me just last week, is the same type I now bought as low as N40,000.00 only, in the same place; just look at the difference now,” he explained.
Another buyer, Usman Ali, said that he was happy to purchase a ram for the celebration of this year’s Sallah, as he was not able to do so last year, due to the paucity of funds.
“Irrespective of the price at which I bought the ram, I’m just delighted that I had the means to do so this time, because I was unable to even go to the market to bargain for it not of being able to get one for the celebration,” he explained.