Beaf Prices to Increase As 11 Cattle Markets Shutdown

Beaf Prices

The Prices of Beaf has Been Predicted to Increase throughout Nigeria, as 11 reputable Cattle markets have been forced to shutdown due to Insecurity and insurgency. The Zamfara State Government has imposed a ban on eleven operational cattle markets. The announcement, delivered by the state Commissioner for Information, Mumir Haidara Kaura, cited the alarming discovery that certain individuals were engaging in cattle transactions without the requisite legal documentation.

The closure of these markets stems from grave security reports revealing that bandits were exploiting them as a conduit to sell rustled cows. Among the affected markets are the Tsafe and Bilbis markets in Tsafe Local Government Area, along with the Wuya market in the Anka local government area. Additional markets on the list include Magamin Diddi market in Maradun Local Government, Galadi market in Shinkafi Local Government, Mada market in Gusau Local Government, and Sabon Birnin Danali in Birnin Magaji Local Government.

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The government’s statement stressed the imperative nature of shutting down these markets, emphasizing that bandits and unscrupulous elements were colluding to trade rustled cows in these locations. In response to this, the State Government has issued a directive to security agents, instructing them to ensure strict compliance and apprehend any individual violating the order.

“The security personnel have since been directed to arrest any person found in these affected markets,” stated Commissioner Haidara, underscoring the government’s commitment to restoring law and order. He called upon the residents of the state to adhere to the directive and collaborate with the government’s initiatives aimed at eradicating banditry activities.

This bold move by the Zamfara State Government reflects a proactive approach to address both economic irregularities and security threats. By targeting specific markets identified as hotspots for illegal cattle trading, the government aims to disrupt the network through which bandits operate. The directive to security personnel underscores the seriousness with which the government is treating this issue, signaling a resolute commitment to restoring peace and stability in the region.

However this moves has Greater  Economic impact on as it has the potentials of increasing the prices of Beaf and other cattle products throughout Nigeria.

With 98% of Beaf Supply in Nigeria from Northern Nigeria and a large portion from Zamfara State and in this affected markets this is a big blow on the economy in the livestock market. At VOTP news We Call on the Government to look for Alternative measures to address security challenges and restore activities in those markets as soon as possible.

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