Revealed! Why ram prices are soaring in Nigeria as sallah approaches

• Ram vendors successful the FCT blamed precocious prices connected constricted proviso owed to insecurity, the closure of Nigeria's borders, and governmental tensions with neighbouring countries
• Prices person much than doubled since 2024, with smaller rams costing betwixt N150,000 and N190,000 and larger ones reaching up to N1 million
• Many vendors study debased sales, portion immoderate buyers are opting for goats oregon hens arsenic alternatives owed to the precocious outgo of rams, with hopes for amended income person to the Sallah celebration

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

On Wednesday, immoderate ram vendors successful the Federal Capital Territory (FCT) blamed the precocious terms of rams connected the deficiency of supplies from the Northwest and insecurity.

Rams supplied to large cities fell good abbreviated of expectations successful examination to 2024. Photo Credit: Contributor
Source: Getty Images

During a marketplace survey successful Abuja, the traders told the News Agency of Nigeria (NAN) that the closing of Nigeria's borders was different origin contributing to the debased supply.

Rams supplied to large cities fell good abbreviated of expectations successful examination to 2024, peculiarly from neighbouring nations, according to Ahmed Mai-Samari, a livestock trader astatine the Dei-Dei cattle market, who spoke to NAN.“You cognize we mostly get these animals from Niger and different adjacent countries that stock borders with america successful the North, particularly the moderately sized ones. Now, we person to trust solely connected section proviso from household livestock farmers, which is limited. Many traders person adjacent near the concern for much profitable ventures,” helium said.

He pointed retired that the outgo of rams has risen since 2025 and attributed this to increasing surviving expenses and transportation costs.

“A ram that sold for N200,000 successful 2024 present goes for N400,000. Only the affluent tin spend it now. Prices alteration depending connected size: smaller rams outgo betwixt N150,000 and N190,000, mean ones spell for N200,000 to N250,000, portion ample rams scope from N350,000 to arsenic overmuch arsenic N1 million,” helium explained.

Similarly, ram prices ranged from N200,000 to N700,000, according to Mr. Sanusi Abdullahi, a roadside livestock seller successful Dutse. He continued by saying that due to the fact that of restricted entree from the Niger Republic—likely brought connected by ongoing governmental tensions—sourcing the animals locally had been hard and expensive.

“I and my boys had to spell from colony to colony crossed antithetic states, stitchery the rams, and transport them here. It hasn’t been easy,” helium said.

Regarding sales, Mr. Abdullahi disclosed that helium had lone sold 7 of the astir 120 rams successful 2 days, but helium was inactive optimistic that helium would merchantability astatine slightest fractional of them earlier Sallah, adjacent if it meant making a tiny profit.

Another roadside vendor successful Bwari, Mustapha Aminu, besides called "Biggie," bemoaned the deficiency of business and attributed it to inflation and fiscal difficulties. He claims that adjacent though a batch of Muslims privation to connection the Eid el-Kabir sacrifice, the bulk are nary longer capable to bash so.

“Even though the cheapest ram astatine my basal goes for N100,000, lone a fewer radical person bought truthful far. This clip past year, I had sold astir each my stock. Things were pugnacious past too, but this twelvemonth is worse. Still, we anticipation income volition prime up person to Sallah,” helium said.

Ram prices ranged from N200,000 to N700,000, according to dealers. Photo Credit: Contributor
Source: Getty Images

A buyer, Hameed Raji, however, claimed that due to the fact that a ram was truthful expensive, helium had chosen to bargain a goat instead. He clarified that helium spent N70,000 connected an average-sized goat that helium intended to butcher for his loved ones. Similarly, Rukayya Abdullahi stated that alternatively than purchasing a ram, she and her hubby decided to acquisition and termination 3 ample hens for N20,000 apiece.

“This volition not lone service our visitors but besides prevention america from borrowing wealth to bargain a ram. By Allah’s grace, we anticipation to spend a ram adjacent year,” she said.

Rams are sl*ughtered arsenic a signifier of worship connected Eid el-Kabir, which is observed by Muslims worldwide and represents sharing meals with loved ones and making sacrifices.

Festivals to ticker retired for during sallah vacation

Legit.ng reported that muslims crossed the satellite are expected to observe the 2025 Eid al-Adha connected Friday, June 6, a play that has ever been a festive juncture successful Nigeria, arsenic radical crook retired successful respective cities crossed the state for celebration.

The Eid al-Adha festival is 1 of the ritual rites carried retired successful the Dhul-Hijjah, the 12th period of the lunar calendar, to retrieve the sacrifice made by Prophet Ibrahim successful the Islamic practice.

Authorities earlier confirmed that the 2025 Eid al-Adha would beryllium celebrated connected Friday, June 6, 2025, pursuing the declaration by Saudi Arabia that Thursday, June 5, would beryllium the past time of Arafat.

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Source: Legit.ng