Business & Finance

Sallah: Livestock prices to increase in Gombe – Association

As the Sallah celebration approches in Nigeria, the Chairman Goats and Sheep sellers Association, Gombe State Chapter, Musa Yunusa has expressed optimism that the prices of livestock will rise in the state.

He stated this during the Market Survey conducted by Voice of Nigeria at some Livestock markets in Gombe.

Every year comes with a different approach but we are hoping for price boost before Sallah day. Some years ago you will see troops of customers, some buy a week or two to Sallah but now you don’t see them, lark of money in the hands of buyers who may intend to buy Ram for sacrifice affected the business.

Also some customers are delaying until 2 to 3 days to Aallah so that the price of the livestock crashes more, but I don’t think that miracle will happen, because the animals are not much, as you can see Trailers are loading them moving to Southern parts of the country, that will cause livestock scarcity in North part, at the end of the day a Ship of #25,000 will be sold # 35, 000.

So we are expecting the price increase in two to three days to Sallah, Musa said

At Pantami livestock Market the story had not changed, the Chairman of the Goats and Sheep, Muhammed Usman Baba lamented the low turnout of customers, despite the scarcity of the livestock compare to last year.

Ahmadu Ibrahim a who sold a ram #98,000 at Pantami livestock Market said last year a type of that Ram was between #120 to 130, thousand Naira. Ahamadu said as low as #10,000 a Muslim who intends to sacrifice a ship or Goat can get it for his sacrifice.

The news had changed because buyers like Malam Abdurrahman Abba who came to Pantami Market to buy Ram for his Sallah celebrations was happy adding that this year’s livestock prices were cheaper than last year.

A farmer also newspaper vendor, Ahmed Babaji lamented this development, saying only what poor people produce that it prices crashes every day, You have to sell 12 bags of 100 Kg of Maize before getting #70,000 but what produced by Major and small companies prices are always on the increase, that is not encouraging, he added.

Ahmed called on the government to do check and balance at prices of goods in Markets so that locally produced items, would have value.

Source: Voice of Nigeria