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Borno Ram Dealers Face Losses Amid Eid-el Kabir Sales

During the Eid-el Kabir celebration, livestock traders in Borno State are experiencing severe financial losses due to low patronage and poor sales. Shehu Haladu, a trader who brought 230 rams from Mubi in Adamawa State, reported selling only 85 rams, resulting in a loss of not less than ₦7 million.

He incurred costs of ₦800,000 for transportation and daily feed costs of ₦80,000. Similarly, Ahm Ishaq, who took a bank loan to purchase rams, managed to sell only 50% of his stock, leaving him with 57 unsold rams.

Other traders, including Modu Gana and Ibrahim Abuna, are also struggling with unsold livestock and debts, with prices dropping significantly. The economic hardship affecting buyers has led to a lack of interest in purchasing rams, with traders calling on state and federal governments for relief support to sustain their businesses.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

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