{"id":48681,"date":"2023-02-19T18:11:51","date_gmt":"2023-02-19T18:11:51","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=48681"},"modified":"2023-02-19T18:11:57","modified_gmt":"2023-02-19T18:11:57","slug":"naira-scarcity-butchers-lament-inability-to-purchase-cattle","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/naira-scarcity-butchers-lament-inability-to-purchase-cattle\/","title":{"rendered":"Naira scarcity: Butchers lament inability to purchase cattle"},"content":{"rendered":"<p>Many meat sellers in various markets in the Federal Capital Territory (FCT) have expressed concerns over their inability to buy cattle from rearers.<\/p>\n\n\n\n<p>The butchers attributed difficulty in purchasing cattle to their inability to access naira notes, which is the only means of transaction acceptable to cattle rearers.<\/p>\n\n\n\n<p>At Dei-Dei food market, Kado Fish market and Dutse market revealed that many butchers refused bank transfers, insisting on cash payment.<\/p>\n\n\n\n<p>It was also observed that most meat stalls had little quantity for sale to avoid decay due to low patronage.<\/p>\n\n\n\n<p>Nasiru Musa, a butcher at the popular Dei-Dei market, said it wasn\u2019t his fault that he refused transfers for purchase of meat.<\/p>\n\n\n\n<p>\u201cThe people we buy cattle from said they don\u2019t have account numbers and want cash before they sell to us, so why should I collect transfer?<\/p>\n\n\n\n<p>\u201cIf the money enters my account through transfer, how do I pay the Fulani rearer who does not go to bank or have a phone?\u201d he asked.<\/p>\n\n\n\n<p>Musa said his refusal to accept online transactions had reduced his sales because that was the only offer made by most buyers.<\/p>\n\n\n\n<p>One of Musa\u2019s customers who identified herself as Mrs Tope Adelusi, said she was displeased that her regular butcher refused to accept transfer.<\/p>\n\n\n\n<p>\u201cHe is my regular customer and I have been here begging him to accept transfer but he has refused.<\/p>\n\n\n\n<p>\u201cI have told him that even after this hard times I will not patronise him again because what is the essence of having a customer who can\u2019t understand the economy and assist others.<\/p>\n\n\n\n<p>\u201cIt is not my fault that there is no cash in circulation, so why can\u2019t we assist each other?\u201d asked a frustrated Adelusi.<\/p>\n\n\n\n<p>Malam Isiaka Babatunde, a butcher in Dutse market, said the meat on display at his shop was the only one left for sale, and that he had no plan to buy more.<\/p>\n\n\n\n<p>Babatunde said his decision not to buy more cattle was because he lacked the naira notes with which to purchase them from the rearers.<\/p>\n\n\n\n<p>\u201cIt is better I sell all the ones I have and just rest at home for now because I don\u2019t understand what this country is turning into.<\/p>\n\n\n\n<p>\u201cThe few people I have accepted transfers from will transfer and the money will hang, it is annoying,\u201d he said.<\/p>\n\n\n\n<p>Another Butcher, Mr Emeka Agu, said because of the low circulation of the new naira notes, he had been unable to buy any cow.<\/p>\n\n\n\n<p>He said it was unfortunate that he had money in his bank accounts but could not withdraw or transfer to his business partners.<\/p>\n\n\n\n<p>He called on the Federal Government to ease the pain of Nigerians by finding a solution to the naira scarcity.<\/p>\n\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-48681\" data-postid=\"48681\" class=\"themify_builder_content themify_builder_content-48681 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>Many meat sellers in various markets in the Federal Capital Territory (FCT) have expressed concerns over their inability to buy cattle from rearers. The butchers attributed difficulty in purchasing cattle to their inability to access naira notes, which is the only means of transaction acceptable to cattle rearers. At Dei-Dei food market, Kado Fish market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":47021,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1366,949],"tags":[191],"class_list":["post-48681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","tag-naira","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Naira scarcity: Butchers lament inability to purchase cattle - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/naira-scarcity-butchers-lament-inability-to-purchase-cattle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira scarcity: Butchers lament inability to purchase cattle - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"Many meat sellers in various markets in the Federal Capital Territory (FCT) have expressed concerns over their inability to buy cattle from rearers. 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