Business
Rams Prices Fall In Osun
Prices of rams have started to fall in Osun as traders now sell the animals at considerably cheaper rates for fear of having too many unsold ones after the Sallah celebration.
Our correspondent recalls that Muslims celebrated the Eid-El-Kabir nationwide on Sunday during which rams were slaughtered to offer sacrifice to God.
It would also be recalled that the prices of rams in Osogbo and its environs skyrocketed to the extent that many Muslims could not afford to buy the animals for Sallah.
For instance, a fairly big ram which was sold for between N80,000 and N90,000 before the Sallah, now goes for between N50,000 and N60,000.
Also, a small sized ram which was sold for between N30,000 and N50,000 on Saturday, now goes for between N10,000 and N25,000.
According to our correspondent, while a few of those who could not afford the rams opted for alternatives such as goats, turkey and fowls, many others waited to buy their own rams on Monday.
A ram seller at the Sabo area of Osogbo, Mrs Bilikisu Badmus, said that it was the usual practise every year that the rams had to be sold at cheaper prices after Sallah.
“That is the way of business; we have no option because business is all about profit and loss but we thank God that it is no shortage after all,” she explained.
Alhaji Adesoji Aromolaso, at the Power-line ram market, said that he preferred to wait till after Sallah to buy his ram for economic reason.
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