Showing posts with label Economic.. Show all posts
Showing posts with label Economic.. Show all posts

Saturday, 10 September 2016

Nigeria's economic woes hit Eid ram sales

Kano - With the naira currency in free fall and inflation soaring, few Nigerians can escape the country's economic troubles - and that includes Muslims preparing for Eid El-Kabir.
Livestock traders and buyers said the sale of rams for the annual festival of sacrifice have dropped sharply compared with last year, as Nigerians look to prioritise spending.
"Sales have stalled," complained Ibrahim Shuaibu, a ram trader at the Hauren Shanu livestock market on the outskirts of Kano.
"Last year by this time I had sold more than 30 rams but I have so far sold not more than four this season," he told AFP on Friday, his face sweaty from the scorching sun as he waited for customers.

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