Prices of some food items have also increased in the same vein by about 25 per cent.
A market survey conducted on Monday indicated that, on the average, a big ram now costs N85, 000 against the N65, 000 it sold about one month ago.
At the Bariga market, a medium sized ram goes for N60, 000 from the earlier price of N45, 000.
A small ram now costs between N30, 000 and N25, 000 from the old price of N16, 000.
A fairly big ram at Gbagada ram market, now goes for N75, 000 compared with earlier price of N66, 000.
The medium and small size rams now cost N90, 000 and N35, 000 against the previous price of N45, 000 and N16, 000, respectively
A big ram in Apongbon ram market is now sold for N80,000 against N65, 000 which obtained one month ago.
The price of medium and small size rams ranged between N70, 000 and N25, 000 against N45, 000 and N16, 000 a month earlier.
Mr Musa Abdulahi, a ram seller at Bariga, attributed the increase to higher cost of transporting the rams to the south due to flooding.
He said that they were paying more than N200, 000 to transport 50 rams from Niger Republic to Nigeria.
“The increase is due to the high transportation cost as it cost more now to bring rams to Lagos,” Abdulahi said.
Mr Yinusa Dauda, another ram seller at Agbongbon, said that the security challenges in some parts of the North had made it difficult for traders to bring many rams into Nigeria.
Reports say that the high transportation cost has equally affected other food items and ingredients.
Mrs Rukayat Fatai, a tomato seller at Mushin, said that a big basket of tomatoes now cost N6, 800 against the former price of N4, 000.
She said that the traders had to increase the price in order to recoup their investments.
Mr Bayo Olikan, a beans seller at Oyingbo market, said that there had been no significant increase in the price of beans between September and October.
Olikan said that the four-litre paint tin measure of beans was now being sold for N1, 300 against N1, 200 last month.
Mr Ejike Eze, a groundnut oil seller at Oke Arin market, said that 25 litres of groundnut oil was now N7, 800 against N7, 000 one month ago.
Mrs Hamzat Abiodun, a trader in the same market, said that a cartoon of 500g Milo refill pack had risen to N6, 700 from the old price of N6, 200.
Abiodun said that hoarding of beverages by some major distributors was responsible for the price increase.
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