How Butchers, Others Lost Their Jobs In Livestock Businesses In Yobe

The ongoing economic crisis has severely impacted Yobe State’s cattle industry, particularly at the Potiskum Cattle Market, once a major hub in West Africa. Every Thursday, around 70 trucks loaded with cows used to depart for various destinations across Nigeria. However, like all commodities, the livestock sector is susceptible to market dynamics affecting cattle prices, compounded by the inability to store cattle like grains.
Isa Yunusa, a livestock seller, noted a significant increase in cattle prices due to inflation, making the business accessible only to those with substantial capital. Ibrahim Adamu, a dealer, highlighted the plight of indigenous butchers who lost capital, with some resorting to desperate measures like borrowing money and ending up in jail.
Alhaji Usman Muhammad Yellow, Chairman of the Yobe State Butchers Association, described how inflation has drastically reduced daily cattle slaughtering rates and inflated prices for both cattle and animal feed. He also pointed out how certain traders exploit the situation to hike prices, exacerbating the challenges faced by smaller butchers.
The economic crisis has forced many into precarious situations, highlighting the need for comprehensive solutions to support both livestock traders and butchers in Yobe State. Source: Daily Trust

OUR REVIEW
The economic crisis has profoundly affected Yobe State’s cattle industry, particularly impacting the Potiskum Cattle Market, once a regional hub. The market dynamics, exacerbated by inflation, have led to soaring cattle prices, hindering access for small-scale sellers. This crisis has left indigenous butchers struggling, with some even facing legal repercussions due to financial difficulties.
Alhaji Usman Muhammad Yellow, Chairman of the Yobe State Butchers Association, highlighted the ripple effects, including reduced slaughtering rates and inflated prices for both cattle and animal feed. Such challenges underscore the urgent need for holistic interventions to support stakeholders throughout the cattle value chain.
Addressing the economic downturn demands comprehensive strategies to alleviate financial strain on both livestock traders and butchers. By fostering resilience and providing targeted support, Yobe State can mitigate the adverse impacts and ensure the viability of its vital cattle industry.