Regardless of the Cedi appreciation towards the greenback, the costs of rams and cattle have remained elevated throughout main markets in Accra forward of the Eid-ul-Adha celebrations.
This has resulted in stagnated markets and low patronage betrigger many individuals are unable to afford the animals, citing economic challenges.
Some livestock sellers are calling on the federal government to consider non permanent subsidies or waive sure transit charges alongside livestock routes from our neighbouring nations to Ghana as a aid intervention.
A market survey performed by The Ghanaian Occasions on Tuesday on the Kwame Nkrumah Interchange revealed that an average-sized ram now sells between GH¢2,000 and GH2, 500, whereas
bigger well-groomed breeds are fetching between GH¢5,000 and GH¢8,000 respectively, relying on the burden, well being, and color.
Livestock sellers attributed the sharp improve to a number of elements together with excessive value of transportation, veterinary providers.
Mr Ahmed Kadri, a livestock seller on the Kwame Nkrumah Interchange, revealed that the costs of goats, rams and cows had elevated because of the depreciation of the cedi towards the CFA.
Based on him, most of those livestock have been introduced from principally neighbouring Burkina Faso, Niger and Mali, and loads of sources have been concerned earlier than they land in Accra.
One other livestock seller, Alhassan Fuseini, expressed fear over the low patronage of the livestock, stating that he had bought solely 4 cattle since final week.
“Market has been very sluggish as a result of there is no such thing as a cash within the system, folks come to ask for the costs and depart with out shopping for,” he mentioned.
Adam Salifu, a trotro driver, advised the paper that he was unable to buy livestock for the festivity due to the prevailing financial situation.
“This 12 months I’m unable to place a smile on the face of my household so we’ll simply handle it like that,” he mentioned.
Eid-ul-Adha, also referred to as the Competition of Sacrifice, can be observed tomorrow, June 6, topic to the sighting of the moon.
The competition is marked by prayers, household gatherings, and the ritual slaughtering of animals, notably rams, in honour of Prophet Ibrahim’s obedience to Allah.
BY RAYMOND APPIAH-AMPONSAH AND EUGENE AMPIAW
