Oyo state chapter of Nigeria Butchers Association (NBA) Sunday announced 100% increment in the prices of beef and goat meat across the state.
Speaking at a special prayer held at the Agodi Gate Eid Prayer Ground, Ibadan, the chairman of the association, Alhaji Wahab Olayiwola Surulagba, stated that it is the only option for butchers in the state to remain in business.
Alhaji Surulagba attributed the worsening economic situation in the country to the increase in the prices of beef and goat meat, effective from Monday, March 4 in Oyo state, arising from the increasing prices of cattle, high cost of transportation and other running costs.
He said with the increment, the price of smallest size of beef would increase from ₦100 to ₦200, adding, that the increment, though painful, became necessary because the butchers were selling at a loss.
While soliciting for financial assistance in form of loans from the government at all levels, the chairman added that butchers were not immune from inflation and the rise in prices of essential commodities as these also led to increase in the price of cattle across the country.
Alhaji Surulagba pleaded with the people of Oyo state to bear with the development as the butchers were left with no option than to resort to the increment in order to remain in business.
Coordinator of the Butchers in the South-West and Kwara state, Alhaji Biliaminu Elesinmeta, called on the government to assist Nigerians in ensuring that prices of goods and services come down.
