Economy
Abia, Imo Muslims Livestock Dealer Blame Low-Key Sallah Celebration On Poor Economy
Abia, Imo Muslims Livestock Dealer Blame Low-Key Sallah Celebration On Poor Economy
Abia, Imo muslims livestock dealer blame low-key sallah celebration on poor economy. In Abia, a roadside livestock dealer, Zakiru Husseini, said that the price of ram shot up by over 100 per cent.
Across-section of Muslim faithful in Abia and Imo states have blamed the low-key Sallah celebration on the economic downturn and high cost of livestock.
Speaking in separate interviews in Umuahia and Owerri, they complained that many families could not afford to buy ram because of the price hike.
Meanwhile, some of the livestock dealers attributed the low patronage recorded during the celebration to the more than 100 per cent increase in the price of ram in the market.
They also blamed the high cost of ram on the hike in transportation cost, saying that they were spending so much to bring down the rams from the North to South.
In Abia, a roadside livestock dealer, Zakiru Husseini, said that the price of ram shot up by over 100 per cent.
Mr Husseini said that a small ram sold for N60,000 last year now goes for N170,000, while a medium-size ram, sold at about N100,000 now sells for about N300,000.
He also said that the biggest ram, sold between N200,000 and N300,000 now sells for N600,000 or more.
According to him, the cost of transporting livestock from the North to Abia had put his business under serious stress.
“In the past, it cost between N1,000 and N2,000 to transport one ram from the north to Abia, but today, I pay N6,000 for one,” he said.
According to him, the hike in transport cost also affected other livestock and traders are finding it difficult to cope.
“Three years ago, if you had N1million you could buy between 20 and 30 goats, but now it is not the same. The situation is very frustrating and discouraging for us in the business,” Mr Husseini said.
He called on the Federal Government to evolve policies that would address the issue of high cost of transportation.
Also, Mohammed Mamman said that the price of livestock, especially ram, doubled because of the high cost of feeding and transporting them to Abia.
Mr Mamman said that one ram presently sells for between N150,000 and N200,000, arguing that the amount was beyond the reach of an average Muslim.
He also said that most of his customers resorted to observing the Eid in prayers alone this year, hoping that things would improve by next year.
In a related development, reports noted that transportation cost remained stable from Umuahia to other parts of the country, even during Sallah celebration.
The fare from Umuahia to Abuja costs N22,500, Umuahia to Kaduna costs N25,000, Umuahia to Bauchi costs N30,000, Umuahia to Owerri costs N3,000 and Umuahia to Port Harcourt costs between N4,000 and N5,000.
Also, from Umuahia to Lafia is between N18,000 and N20,000, while Umuahia to Jos is N25,000.
Umuahia to Calabar costs N13,500 and Umuahia to Lagos costs between N35,000 and N41,000.
A member of the National Union of Road Transport Workers, who identified himself only as Francis, said that transport fares were stable, the Sallah celebration notwithstanding.
Mr Francis said that he anticipated a slight increase in fares after the festival when holiday makers would be returning to their base leading to a rush.
In Imo, livestock sellers in Owerri, the state capital, lamented low patronage during the celebration.
A visit to the livestock market on Egbu Road showed that the dealers still had a large stock of unsold animals.
A trader, Usman Halilu, stated that he bought 20 rams ahead of the celebrations but had only managed to sell three as of Saturday morning.
Mr Halilu said, “I always sold at least 25 rams during festive periods in previous years.”
Mr Halilu said that a large ram, sold at about N350,000 last year, now goes for at least N400,000, while those that sold for 200,000, now sell between N260,000 and N300,000.
He blamed the hike in the price of livestock on the high cost of animal feeds and transportation.
Another livestock dealer, Hassan Aliyu, said that the cost of transportation from the North shot up significantly before the Eid celebration, which reflected in the hike in the price of the rams.
He also said that goats, sold between N80,000 and N90,000 about one month ago, now sell above N110,000, while some go for as high as N120,000.
Interstate transport fares remained stable from Owerri.
From the city to Abuja by a 14-seater sprinter bus ranges from N35,000 to N39000, and between N28,000 and N45,000 to Lagos.

Muslims Livestock Dealer
Meanwhile, prices of food items, including rice, tomatoes, onions, yam, groundnut oil, and vegetables, surged significantly in major markets located on Douglas Road, Relief and World Bank areas.
At Relief Market, a trader, Judith Ikenna, said a bag of pepper, which sold for N150,000 previously, now sells for N200,000.
Ms Ikenna further disclosed that a basket of chili pepper, popularly called shombo, also went up from N120,000 to N180,000.
She said that tomatoes also went up significantly with a basket now selling for N180,000 as against N130,000 last week.
Musa Abubakar, who sells grains, said a 50kg bag of rice now sells between N110,000 and N120,000.
He said, “Many families are struggling to afford food and ram due to the harsh economic situation in the country.”
Economy
Government Deploys CNG Buses to Cut Transport Fares by 50% in Ekiti
Government Deploys CNG Buses to Cut Transport Fares by 50% in Ekiti
The Ekiti State Government has commenced the deployment of Compressed Natural Gas buses as part of measures to reduce transport fares by 50 per cent and ease the burden of transportation costs on residents.
Eereporter.com
Governor Biodun Oyebanji announced the initiative on Thursday during the official flag-off of 15 CNG buses at the premises of the Ekiti State Transportation Agency in Ado-Ekiti.
The deployment, which coincided with Nigeria’s Independence Day and the 30th anniversary of Ekiti State, is part of efforts by the state government to provide affordable and accessible public transportation in line with the directive of President Bola Ahmed Tinubu.
Oyebanji, who was accompanied by the Senate Leader, Senator Opeyemi Bamidele, said the 15 buses, donated to the state by the Federal Government, represented the pilot phase of the initiative.
He said the state government would expand the fleet to ensure that more residents benefit from the intervention.
According to the governor, reducing transportation costs remains essential to easing the economic burden on citizens.
“The President charged all state Governors that by October first, we should find a way of reducing transportation cost because most of the implications we are witnessing, transportation contributes a lot to it and what we have done today is just the pilot: 15 CNG buses, which are going to be distributed to the unions, and the agency will manage it,” Oyebanji said.
He urged transport unions to ensure that the benefits of the CNG buses were passed directly to commuters through reduced fares.
“My appeal is to the Unions; they should allow the gains to translate to the commuters because this will reduce transportation cost by 50 percent,” he said.
Oyebanji also expressed appreciation to President Tinubu for the Federal Government’s intervention, saying the provision of the buses would contribute significantly to reducing the transportation burden on residents.
The governor further said the administration’s economic policies had created opportunities for states to implement programmes and projects that directly affect the lives of citizens.
“No matter how visionary a leader is, if there are no resources to work with, it will just stay in the realm of a vision,” Oyebanji said.
“But the President has been helping and supporting us not only in Ekiti State but in all the states in the country to translate our vision into action and impacts for the people.”
Speaking on the deployment, the Director-General of the Ekiti State Transportation Agency, Tajudeen Akingbolu, said routes had already been mapped out for the CNG buses.
Akingbolu said the initiative would provide residents with more affordable and reliable interstate transportation while reducing the impact of high transport fares on commuters.
The state government said it would continue to explore measures aimed at reducing transportation costs and improving access to affordable public transportation across Ekiti State.

CNG, Ekiti
Gilbert Ekugbe
Gilbert Ekugbe is a journalist at Punch Newspapers with over a decade of experience reporting on business and economic affairs. He covers markets, corporate developments, finance, and Nigeria’s broader economic landscape.
His reporting is informed by extensive newsroom experience and a strong commitment to accuracy and responsible journalism, helping readers understand complex business issues.
Eereporter.com
Akwa Ibom
Gov Eno Flags Off Ikot Ekpene International Market, Targets Trade, Jobs, Economic Growth
Gov Eno Flags Off Ikot Ekpene International Market, Targets Trade, Jobs, Economic Growth
Akwa Ibom State Governor, Pastor Umo Eno, has officially unveiled the design and performed the groundbreaking ceremony for the construction of the Ikot Ekpene International Market, describing the project as a strategic investment in trade, employment and economic development.
Eereporter.com
The ceremony, held on Wednesday, September 30, as part of activities marking the 39th anniversary of Akwa Ibom State, took place in Ikot Ekpene Local Government Area.
Speaking at the event, Governor Eno said the project demonstrated his administration’s commitment to delivering tangible infrastructure across the state.
He recalled earlier questions from the opposition regarding the number and location of the 39 projects promised as part of the anniversary activities.
“When we first started, the opposition asked, ‘Where are the 39 projects?’
“Today, we can gladly tell them to come and see,” the Governor said.
Governor Eno explained that the project was not merely about constructing a market but about investing in the economic future of Akwa Ibom State.
“Today, we are not just laying a foundation or turning the sod for this market; we are laying a foundation for prosperity, building infrastructure for opportunities, and creating a platform upon which our traders, entrepreneurs, artisans, manufacturers, and young people can build their dreams,” he said.
Also speaking, the Commissioner for Trade and Investment, Captain Iniobong Ekong (Rtd.), said the project reflected the administration’s efforts to position Akwa Ibom as a hub for trade, tourism and industrialisation.
According to him, the first phase of the market comprises 30 blocks of double-deck structures containing 108 shops, alongside two warehouses, restaurants, cold rooms, a police station, asphalt and concrete roads.
Ekong said the strategic location of the market would attract traders and customers from neighbouring states and beyond, particularly Cross River, Abia and Rivers states, as well as Cameroon.
“Upon completion, this market is going to generate income and revenue, create employment, and connect us with the trade hubs of the Gulf of Guinea,” he said.
The Director-General of Campaigns, Ambassador Chief Assam Assam (SAN), commended Governor Eno for initiating the project, noting that its strategic location would make it accessible to communities across the state.
He recalled the Governor’s earlier promise to establish an international market in Ikot Ekpene, describing the project as the fulfilment of that commitment.
“I remember that the Governor was in Ikot Ekpene Stadium when he said he was going to build an international market in Ikot Ekpene. This market is this Governor’s dream child,” Assam said.
Speaking on behalf of stakeholders in the area, Senator Emmanuel Ibokessien said the project was conceived by the people of Ikot Ekpene in 2010 but remained unrealised through successive administrations.
He commended Governor Eno for actualising the project.
“This project started in 2010 when it was conceived by the people of Ikot Ekpene. And through three administrations, this project did not see the light of day, but when you came with the finisher’s anointing, this project is now actualised,” he said.
Earlier, the Chairman of Ikot Ekpene Local Government Area, Hon. Elder Aniefiok Nkom, expressed appreciation to Governor Eno for commencing the long-awaited project.
Nkom recalled previous discussions on the economic importance of the market, noting that its location was expected to redirect commercial traffic and attract traders who ordinarily travel to other commercial centres.
He described the Governor as “a man of his word,” saying the people of Ikot Ekpene were excited by the commencement of the project.

Ikot Ekpene International Market
The Paramount Ruler of Ikot Ekpene Local Government Area, His Royal Majesty, Okuku Okon Udo Ukut, also expressed gratitude to the Governor, describing the project as a significant development for the area.
Upon completion, the Ikot Ekpene International Market is expected to strengthen commercial activities, create employment opportunities and expand Akwa Ibom State’s trade links with neighbouring states and the wider Gulf of Guinea region.
Eereporter.com
Economy
NAF Boosts Grassroots Economic Development, Commissions Special Intervention Project in Benue
NAF Boosts Grassroots Economic Development, Commissions Special Intervention Project in Benue
A new chapter in community development was opened in Oklenyi, Okpoga, Benue State, as the Nigerian Air Force (NAF) commissioned a Chief of the Air Staff (CAS) Special Intervention Project, executed in honour of one of its distinguished senior officers and an illustrious son of the State, Air Vice Marshal Patrick Owoicho Obeya.
Eereporter.com
The CAS, Air Marshal Sunday Kelvin Aneke, represented by the Chief of Civil-Military Relations, Headquarters NAF, Air Vice Marshal Edward Gabkwet, said the initiative reflects the NAF’s commitment to winning hearts and minds, strengthening public trust and deepening cooperation with host communities. He noted that it is one of 21 similar interventions executed nationwide in honour of distinguished senior officers in their respective homelands.
The CAS said the newly commissioned market sheds, administrative block and water facilities are designed not only to provide essential infrastructure, but also to stimulate economic activity and improve livelihoods at the grassroots. He commended AVM Obeya for facilitating the intervention and urged the Oklenyi community to take ownership of and protect the facilities.
He further emphasised that sustained civil-military cooperation and the timely sharing of actionable intelligence remain critical to supporting the Armed Forces in tackling security threats and safeguarding Nigeria’s territorial integrity.
For AVM Obeya, the intervention represents a meaningful opportunity to give back to his community. The facilities comprise two market sheds capable of accommodating up to 48 traders, a furnished administrative block and a solar-powered water reticulation system supported by two deep wells.

NAF
The Executive Governor of Benue State, Rev. Fr. Hyacinth Alia, represented by the Secretary to the State Government, Dcns. Serumun Deborah Aber, commended the NAF for complementing its traditional defence role with community development, noting that the intervention aligns with the State Government’s rural transformation agenda.
He urged the people of Okpoga to protect and sustain the facilities for the benefit of present and future generations.
Eereporter.com
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