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Business News of Wednesday, 3 March 2021


After Northerners stopped supplying foodstuff to South, see the current price of ram in Lagos

A ram farm somewhere in Nigeria A ram farm somewhere in Nigeria

A BBC Hausa report has revealed the current price of rams (sheep) in the Southern part of Nigeria.

The report said a single ram cost in the excess of one million naira.

The price hike comes after farmers and herders from the North decided against supplying foodstuffs and cattle to the South following the constant attacks on herdsmen in that part of the country.

Recall, early in January, some traders of Northern alienation were attacked in the Shasha market with properties worth millions destroyed. The victims of the attack and their cronies are demanding justice and compensation from the state government and threatened to embark on strike from supplying foodstuffs to the south.

Until full compensation is done, the trade routes from the North to the South will remain closed.

The move has seen an upward spiral in the price of major foodstuffs in the South.

While many believe the position of Northern Traders Association and Miyetti Allah Association of Cattle Breeders stagnates the unity that many Nigerians crave, the leadership of the group have stressed that the move is not to cause unrest and starve the people of southern Nigeria, this is done in order to serve to demand justice for what has been done to innocent traders.

He added that everyone who wishes to buy foodstuffs can come to northern Nigeria to purchase it and nobody will stop him, the chairman of the Northern Traders Association told BBC.

Meanwhile, some traders in the Northern part of the country have revealed that they have lost over N10 billion in the past week after the closure of trade routes from the South to the North and vice-versa.

The trader, who was simply identified as Musa Tijani told Igbere TV that recent happenings are costing them a fortune. He further pleaded with the Miyetti Allah Association of Cattle Breeders to allow them to bring their foodstuff to the Southern part of the country.

According to him, “most of the perishable foodstuff have spoiled because even the countries that we are moving the goods to have the items”.

“So, what happens is that when we get there, they won’t buy most of the foodstuff till we will just dash them or dump them there.”

“We need stop this blockage and see ourselves as one. There is no difference between an Igbo man, Hausa, Yoruba and Fulani if we our leaders can unite us” Igbere TV.