Tuesday, November 24, 2009

Eid-Kabir: Price of Rams, Foodstuffs Double in Kano

Kano people may not likely sacrifice animals during the forthcoming  Eid-El Kabir sallah celebration due to the skyrocketing prices of rams and even foodstuffs because of double increase of price.
  THISDAY in Kano investigation  yesterday at metropolis revealed that the price had jumped  from N25,000 to as much as N60,000  and in some places there are those nearly selling N80,000.
It was learnt that a moderate ram is being sold at about N35,000 , a situation which made many people both within the cycle of workers and business community to suspend the purchase for now.
  All over the city of Kano, ,  ram sellers were going round with bulk number of their commodity while some had stationed themselves in strategic locations, selling both rams and cows.
Mallam Mansur Kura, a ram dealer  told THISDAY that both the buyers and the sellers are suffering this year, saying  there were no much purchases because of the scarcity of funds.
  He said he cannot remember the time when the market was so dormant, adding that many of them do go back to their villages without selling two or even one ram.
  A civil servant in Kano told THISDAY on anonymity that  even though the government will give them 50 percent bonus of their basic salaries,  many of them would celebrate the occasion without slaughtering ram .
Along BUK road, Zoo road and Wudil roads where the dealers have stationed themselves in a strategic place, many people interviewed said they would wait till sallah day to make such a purchase while some said they have resorted going to village markets.
Our correspondent learnt that this year,  many people gave up buying rams, as majority of the people interviewed said  the current economic hardship is biting hard, calling on the Federal Government to devise means of redeeming the situation.

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