Thinking of buying a ram for Eid-el-Kabir this week? Brace your wallet. According to a market survey by Nairametrics, premium rams in Abuja are fetching a jaw-dropping N1.5 million ahead of Tuesday’s celebrations — and even the “budget” options will set you back N230,000.
Traders blame the ugly math on fuel costs, road insecurity, and inflation that just won’t quit. That same ram you bought for N700,000 last Sallah? It’s nudging N1 million today.
With Nigeria’s inflation sitting at 15.69%, many families are doing the unthinkable — pooling money together just to afford one animal.
“People still want to perform the sacrifice,” one civil servant told Nairametrics. “But the prices are becoming too high for average earners.”
Happy Sallah — if you can afford it.
NEWS NOW:
