With the economic hardship looming in the country Nigeria, Forsige Africa took a deep insight into the economic activities of the many Nigerians using Lagos state as a case study, being the country's economic hub.
It has been an enthusiastic atmosphere in Nigeria for many Muslim faithful as the celebration of Eid-il-Kabir approaches.
Apart from being a period of Religious injunctions, it has also been a period where economic activities flourished in many parts of the country for those engaging in Salah business.
With the economic hardship looming in the country Nigeria, Forsige Africa took a deep insight into the economic activities of the many Nigerians using Lagos state as a case study, being the country’s economic hub.
Taking a step into the Animal business industry which will be the most lucrative business for many during this period for them to make their wealth, the majority have been whining bitterly at the high cost of Cows, Rams, Sheep, Goats, and Camels without referring to the issue of insecurity affecting the Northern part of the country.
In a face-to-face dialogue with Mr. Yusuf, a known dealer of Ram business on the situation at hand, to him, he says, the situation of the country is not helping at all, and the high cost of Cows and their likes have made him remain low at moment instead of putting his head on high risk of doing the business at moment, he believed that most of the Hausas engaging in the business have in one way or the others hoarded the Cows at their disposal while only a few took the risk traveling afar.
On a visit to the Cow market, Kara in Berger, the situation at the market looks scanty as, unlike other years, during our interview with most buyers and sellers of Cow and Ram, many of the sellers complain of low patronage from their customers, while those who came to buy only did so after cut shorting their budget to fix themselves in.
To the buyers, they complained about the high cost of the animals, and according to a buyer who remain neutral said, “the price of Cow we bought last year has almost gotten higher by 100 percent, and if we want to come down to our budget, they’ll bring out a small tiny cow for them which is wrong, and the ram, don’t let us discuss it as they’re selling small rams 200 thousand and likes” at the end, he pleaded with the government to help look at the situation at hand.
While many can’t afford to buy the ram in Lagos state, some had to travel down to the village to procure their own due to cost, while going, we met a group of travelers who had slaughtered their ram on the way due to emergency, to them, “most of the animals are not in good conditions, and like our own, we don’t have any option than to slaughter it on the way home”.
In the transport sector, some drivers made a chunk of money helping people to transport their animals from the market to their place of location, in a witnessing dialogue between a buyer of cow and a transporter, the transporter charged the sum of thirty thousand nairas for transporting a cow and 2 rams from Berger to Isolo. Another transporter recount his loss after the Cows he was transporting broke his windscreen glass which will cost him at least forty-five thousand nairas to repair.
Delving into the clothing sector in the state, a visit to Eko market on Island and Oshodi market on the mainland shows the reluctance of people to get new expensive clothes for Salah, while those that came buying, many often go for the cheaper ones at the detriment of the quality products.
Every agency that got anything to do with the salah festival complained of low patronage and high-cost prices, a journey to the mushin pepper market expose us to how high, the cost of pepper is in the market most especially the tomatoes, all couldn’t say much but just giving thanks to the Almighty for his bounty.
In a discussion with Mr. Salmon an indigene of Oyo residing in Lagos, “he complained he couldn’t travel back home for lack of money, and that staying in Lagos to celebrate will be more suitable for him looking at the present situations at hand, to him, where’s the money he is going to spend for them at home, if I stayed in Lagos, I’ll have access to more meats than traveling home”.
That’s how the plight of many Nigerians is at moment, fuel scarcity combined with the high cost of movement have barred many people from traveling, while those residing or staying in Lagos are reluctant to spend their all for this rewarding moment even despite the promise of multiple rewards from the Almighty.
Despite the complaints of many people, few have the privilege to buy multiple animals for the coming festive.