Tag: bread

  • Consumers shun bread, pastries as prices continue to soar

    Consumers shun bread, pastries as prices continue to soar

    Some consumers of confectionaries in Bwari Area Council of the FCT, have stopped buying bread, meat pies and other pastries, due to continuous hike in price of the commodities.

    The consumers spoke in separate interviews with the News Agency of Nigeria (NAN) on Monday in Abuja.

    They said that the increasing cost of food commodity had forced them to sought alternatives for breakfast.

    Mrs Ada Christopher, a mother of four, said the price of bread had persistently increased and almost unaffordable for the average Nigerian.

    She said that although her children loved to eat bread with tea for breakfast but could not afford it any longer as a big loaf costs between N1,700 and N2,000.

    Christopher said a medium size loaf costs between N1,200 and N1,500 at a popular bakery in the area.

    “I have four children and we buy two loaves of bread every day before now, but I had to reduce to buying thrice a week when it became N1,000 per loaf.

    “With the latest price, I don’t think it is sustainable and we have to look for something else as alternative for breakfast.”

    Christopher added that pastries such as egg/fish rolls and meat pies, which could serve as fast foods have also become out of reach as such cost more than N500.

    Christopher attributed the cost on the constant rise of flour and other baking essentials in the market, which she added, must be the reason bakers kept increasing the price.

    Similarly, another consumer, Mrs Patricia Amos, said that she had tagged bread, cakes and other pastries as luxuries because they cost too much to afford.

    Amos, who said that she had a large family, added that buying bread for her family everyday would cost her a fortune because she would buy two or more loaves.

    She added that although food stuff had increased in price, she would rather look for alternative foods to serve as breakfast for her family.

    “I now go for alternatives like pap, moi-moi, bambara nut commonly called ‘okpa’ and sweet potatoes to replace bread with tea for my family.

    However, Mr Shadrach Ayani, a baker, told NAN that the hike in price was not deliberate as it was done according to the price of flour, sugar and other major ingredients of baking.

    He attributed the unstable price change to the economic inflation and other constraints toward getting the products at a favourable price.

    “You know most baking ingredients are imported and it is usually affected by the global wheat price increase, transportation and logistics challenges within Nigeria.

    “The rise in exchange rate is further straining both small and larger bakeries and no consumer wants to buy and eat bread that is not rich or nutritious.

    “Everyone wants soft, sweet and fresh bread and to get this preference, it is difficult to find cheaper ways to producing a good bread or pastry that can sell well, so the ingredients are quite essential,” he said.

    Ayani said that although his bakery had reduced the quantity of bread it produced weekly because of a drop in patronage.

    Read Also: Bread scarcity hits Kaduna, Katsina, Kano

    He, however, added that it was not so much that the bakery would stop production.

    “Some days, you bake and bread remain for three four days on the shelf and we are forced to take them off because they may get spoilt.

    “So, we just reduce the quantity we produce so we don’t run at loss, but we will continue to produce for our retail partners and few consumers.”

    He prayed that the situation would come to an end soonest, while advising consumers to ensure they patronise good and hygienic confectionaries and desist from patronising cheap and substandard foods.

    (NAN)

  • Bread scarcity hits Kaduna, Katsina, Kano

    Bread scarcity hits Kaduna, Katsina, Kano

    It is a tale of woes as an acute scarcity of one of Nigerians’ most popular staple foods, bread, has hit Kaduna, Katsina and Kano States.

    Checks by the Correspondents of the News Agency of Nigeria (NAN) revealed that the most-favoured staple was now as scarce as petrol or the highly-prized precious metal, Gold.

    It was observed that whereas the commodity was very hard to come by, its prices have hit the roof.

    Many of the residents could no longer afford their darling food, as such had turned to other not-too-cheap alternatives like noodles, millet porridge and bean cake, as well as bread and beans, among others.

    The prices of the commodity have also been increased by between 20 to 40 per cent.

    Many shop owners and consumers have vehemently lamented the obnoxious development, appealing for an urgent action to redress the ugly trend.

    One of the bakers told NAN in Kaduna, “”It is not that we are on strike, but we have had to stop production since 1st July, 2024.

    “This unfortunate development was necessitated by the scarcity of wheat flour and its high cost, as well as sugar, oil and other additives.

    “For instance, in June, we were buying a 50kg bag of flour for between N53,000 to N55,000, but it has now regrettably skyrocketed to between N67,000 to N70,000.

    “How can we produce bread and also break even under this precarious situation?, “he told NAN anonymously.

    Read Also: Why bread prices are high – Bakers

    Some bread sellers and consumers in Kaduna State decried the scarcity of bread around the state metropolis, saying that it had affected their businesses and daily lives.

    Haidar Basiru , a tea and bread seller, said he usually buys 100 loaves of bread but due to the ongoing paucity, he was able to get only 30 loaves, which had finished already.

    ” The bakeries are saying they are on strike due to a hike in flour and sugar.
    “This development has seriously affected our businesses as we usually operate in the mornings and evenings.

    ” But, from the look of things, we may not come out in the evening due to bread shortage.

    “In fact, most of my colleagues operating around this axis in Kasuwan barci have not opened today, “he said.

    Similarly , Mrs Kafayat Sadiq, a provisions seller, stated that she couldn’t get bread to stock in her shop since Tuesday, saying that her supplier had complained of the high cost of flour.

    Abdullahi Muhammad, a bread consumer said, “I went to the shop in the morning to buy bread, which would be eaten as breakfast in my house but unfortunately, I couldn’t get it.”

    ” I had to buy spaghetti for the children to eat and go to school since there is no bread;

    ”I hope the issue would be alleviated soon.”

    A resident of Funtua, Funtua Local Government Area of Katsina State, Aliyu Idris, told NAN that the prices of bread have also gone up in the state.

    He said, ”For instance, a loaf of bread that was selling for between N 200 before now goes for N 400. This has affected all the sizes of the bread.”

    Idris also stated that tea sellers and shop owners were now finding it very hard to get the commodity for sale to their customers.

    In Kano State, a resident of Kano also corroborated the unfortunate scenarios in Kaduna and Katsina States, saying,’ a loaf of bread formerly selling for N600 before now goes for N 800.”

    ”Also, a loaf of sliced bread that was selling for n 1200 before is now selling for N 1600,” Haruna Salisu told NAN.

    (NAN) 

  • Why bread prices are high – Bakers

    Why bread prices are high – Bakers

    The Premium Bread Makers Association of Nigeria (PBAN) has revealed the reasons behind the growing cost of bread, which is the most common food in Nigeria.

    PBAN stated that the majority of the ingredients used to produce bread are imported and that this has an impact on the cost of bread in Nigeria due to exchange rate volatility.

    The association president, Emmanuel Onuorah, said this during an interview on Arise News’ Global Business Report on Tuesday, April 16.

    The war between Russia and Ukraine, he continued, has a severe effect on bread manufacturing since Nigeria imports wheat from both of the warring European neighbours.

    He said: “Bread is a staple. Bread is supposed to be a pick-and-grab food at any location. It’s on the table for the children.

    “Bread is a spiritual product, outside of being physical because it does so much for humanity. As bakers, for us in Nigeria, it’s been tough for us.

    “Some of the basic materials we use in producing our bread are imported into Nigeria, that is about almost 98 percent and that’s the truth.”

    “In a country, where you almost don’t have a strong productive base, and at that, everything is dependent on the dollar. When dollar-naira exchange is volatile, when (there is) FX issue where naira begins to go down against the dollar, we are in a problem.”

    Read Also: Ex-NIPP manager donates bread factory to Alvan Ikoku

    Speaking further about the significance of bread prices to Nigerians, on Tuesday, Onuorah said: “The kind of bread we eat in Nigeria, there is a way Nigerians want their bread, the structure of the bread.

    “You know we’re are the highest consumers of white bread globally. When you go to other places, they take croissants, they take baguettes, and other forms of bread.

    “But, our bread (in Nigeria) comes in certain shapes. It must be sweet, it must be soft, and succulent. If you don’t produce it that way, you’re out of business.”

    “And this whole thing, 60 to 65 percent of the whole thing comes from wheat, and most of our wheat comes from Ukraine, Russia, and other parts of the world.”

  • Ex-NIPP manager donates bread factory to Alvan Ikoku

    Ex-NIPP manager donates bread factory to Alvan Ikoku

    Former Deputy Project Manager, National Integrated Power Project (NIPP) Ben Ukwuoma has donated a bakery worth N30 million to the Alvan Ikoku Federal College of Education Owerri (AIFCE).

    Addressing reporters after the stone-laying ceremony of the project, Ukwuoma, an engineer, who is also the managing director, Constructed Facilities Technology Limited, said the gesture was part of his company’s social responsibility to the institution.

    He stated that his company has worked for AIFCE for over 10 years and felt the need to reciprocate with the construction and donation of the project to sustain the healthy relationship existing between his company and the college.

    He said: “We started working for Alvan about 10 years ago or more. I have done a lot of buildings for them and also offered advisory roles to them. As a reputable company, we find ways of partnering with our clients to boost our business and relationship. “Hence, as part of our social responsibility, we also contribute to where we are working. For instance, here in Alvan Ikoku Federal College of Education, we sponsor their football team and also right now, we are building a bakery for them which is the brain-child of the current provost, Dr. Mrs. Stella Lemchi.

    Read Also: Blocked funds: FG orders CBN to hold quarterly reconciliatory meetings with airlines

    “She said it is her dream to have a bakery here and we decided to partner with her to realise it. So we have commenced the building of the bakery which we are going to do totally on our cost.

    “Today, we have performed the stone laying ceremony and gradually, we hope to complete the project in due time. The project will cost about N30 million when completed.”

    “It is important that organisations should have corporate culture which we have. When organisations have corporate culture, they will want to give back to their clients or society. Business is not all about profits. You have to also try to have a very healthy environment, good and a sustainable relationship with host communities or clients, ” he added.

    Speaking, the AIFCE Provost, Dr. Lemchi applauded Ukwuoma for his humanitarian gesture and commitment to the overall growth and development of the college.

    She described her one year in office as the provost of the institution as one driven by passion and commitment to achieving excellence in education, innovation and quality service delivery.

    She said: “When l assumed the position of Provost in July 2022, I pledged to reposition and re-strengthen our college. Through collaborative efforts, dedication and resilience, we have embarked on a journey to restore Alvan as a primus inter pares, a Center of Excellence in teaching, learning, research, innovation, entrepreneurship, and community service.

    “The past year has been transformative, witnessing remarkable changes and achievements that resonate with our shared commitment to progress’’.

  • How lawmakers stalled cassava bread initiative

    How lawmakers stalled cassava bread initiative

    The inability of members of the National Assembly to pass the enabling law is responsible for the non implementation of the cassava bread initiative, The Nation has learnt.

    Dr. Mrs. Gloria Elemo Director General, Federal Institute of Industrial Research, Oshodi (FIIRO) confirmed this development at the weekend in an interview with The Nation at FIIRO’s headquarters in Lagos.

    “The cassava bread initiative was actually a programme in the institute. The programme has been the baby of the FIIRO back in the 60s. We were already looking for utility ways of using and reducing the importation of imported foods in this country, especially wheat because a large sum of the forex was being expended in the importation of various materials from overseas,” she recalled.

    Justifying the need for the choice of cassava, she said it was considered because of its comparative advantage and pricing. “Cassava was the target crop and it was found to be very effective and useful as composite flour.”

    The DG of FIIRO who noted that the technology is completely finished and the transfer is even completed, however regretted that “What we’re waiting for is legislation for proper implementation and if there would be legislation, to say a percentage of cassava flour should go into bread in Nigeria, then it is as well done. There’s nothing left in the area of technology that hasn’t been done yet. Even sorghum can actually be constituted into flour. So we’re looking at sorghum and cassava as inclusion in wheat bread to reduce the importation.”

    The 30% inclusion alone, she stressed, “Will help conserve over N127b savings in forex expended in the importation of flour and gradually, we will be improving on our savings to go into other sectors of the economy.”

    Besides, she said, across the value chain, it will create about three million jobs.

    On how soon the idea would crystalise, she said the Ministry of Science and Technology has since made representations to the legislative arm of government to no avail.

    “The recommendations are there at the National Assembly. There have been concerted efforts over the years to make sure that this thing is passed to law but nothing happened. But we’re hoping that very soon it will be passed into law.”

    It may be recalled that former President Olusegun Obasanjo in 2002 had initiated a policy on 10 percent inclusion of the tuber crop in bread under a programme tagged: ‘the Presidential Initiative on Cassava’ in order to promote the cassava value chain. This was followed by launch of Cassava Bread Development Fund by former President Goodluck Jonathan to serve as an extension of the Cassava Bread Wealth Development Fund, by imposing a levy of 15 percent on wheat grain imports, which will increase the effective duty from five to twenty (5-20) percent.

  • Houses burnt in Bayelsa as man kills friend over N50 bread

    At least three houses were, on Thursday, set ablaze in Ozizebiri community, Southern Ijaw Bayelsa State, after a man identified as a new military recruit stabbed a 22-year-old man to death over N50 local bread.

    It was gathered that popular bread called madiga in Bayelsa, which is locally made from butter and flour, sparked the row that led to the killing of the youth.

    The 26-year-old newly recruited soldier identified simply as Ayibakare was said to have engaged in an argument with the deceased identified simply as Princewill, an indigene of Opema and furiously stabbed him to death.

    A source, who spoke in confidence said: “The accused Ayibakare was alleged to have beaten up the younger sister of the deceased over N50 madiga he bought on credit.

    “So in anger, the deceased went to him to inquire why his sister was beaten up and a fight ensued and that was how the deceased was stabbed to death.”

    Confirming the development on the floor of the Bayelsa State House of Assembly, the member representing Southern Ijaw constituency 2, Mr.  Monday Obolo said the killing led to a reprisal and burning of three houses.

    Obolo lamented that angry youths from Opuama invaded the alleged killer’s community and razed three houses.

    He, however, said traditional rulers and elders from the affected communities were making efforts to resolve the crisis.

    Obolo called on security agencies in the state to deployed armed troops in the area to avoid total breakdown of law and order.

  • Coming soon:  A mega-circus, without the bread

    Coming soon: A mega-circus, without the bread

    This past fortnight, they have been planting broad hints at strategic moments and in strategic places about the coming of a mammoth political formation – a “mega-party,” its promoters, self-avowed and clandestine, have chosen to call it until it takes on a concrete existence that warrants a proper name

    You could almost hear me scream “Megawetin?” when the report first bobbed up on the computer monitor.

    Another political party, whether mega or mini or midi, perhaps to supplant, now that it is in terminal decline, the PDP which, without fear and without research, proclaimed itself Africa’s largest political party, destined to rule Nigeria for 60 unbroken years in the first instance?

    Or to shove aside the ruling APC, the bumbling amalgam of very strange bedfellows, concerned more to share the spoils of office than to wield its enormous mandate to make a dent on the privations in which the vast majority of Nigerians are mired now and for the immediate future?  The APC that was so stunningly successful in getting elected, but has been, alas, so  remiss in office?

    In whatever case, why is the political class so obsessed with the size of the parties that give expression to their policies and programmes?

    In a sense, that obsession, like a great many of Nigeria’s festering political ailments, goes back to the time of General Ibrahim Babangida and his duplicitous transition project, in which he  set the political formations seeking registration as political parties on an impossible obstacle course.

    He required them to supply, in the words of the late and much lamented political scientist Claude Ake, “a level of documentation that was absurd in meticulous detail, phenomenal in  bulk and prohibitive in cost…”

    Labouring under the misapprehension that size was everything, each of the associations accumulated as many as 13 truckloads of documentation.  In the end, none was deemed qualified.

    Babangida then ordered six of the associations that came closest to winning recognition to dissolve themselves into “two mass, grassroots democratic parties,” one a little to the left, to be known as the Social Democratic Party, and the other a little to the right, to be called the National Republican Convention.

    Neither the NRC nor the SDP could make a plausible claim to being grassroots political parties.  They were deeply rooted in the Babangida presidency, which funded them covertly, prescribed what they could and could not do (remember those “no-go areas”) and manipulated them in every conceivable manner, to the point that it would amount to a flagrant abuse of language to call them political parties.

    Nevertheless, Babangida advertised them as democratic fortresses capable of withstanding the fiercest assaults from anti-democratic forces and destined to lead Nigeria to a glorious rebirth.  They collapsed right under his nose, like the house of cards they were.

    Another factor in the obsession of the political class with size stems from the very definition of politics in these parts as “a game of numbers.”   Forget about programmes and policies rigorously thought through, about short-term objectives and long-term goals. Consider strategies and tactics only in so far as they relate to getting the numbers right.

    And remember, the whole thing is a game. “Get the numbers and everything else will be added thereunto” is the unwritten rule and the controlling ideology of Nigerian politics and governance; hence the padding of the voters’ register, ballot returns, budgets, payrolls, contracts, and indeed anything that can be padded.

    By one account, the so-called mega party was conceived in the first quarter of 2016, less than a year after the APC took office.  Back then, signs that the economy was headed southwards were already in the air.  Oil prices had crashed to their lowest in decades.  But the economy was not yet in recession – at least not officially.  The Naira had not been orphaned.  And there was little of the despondency and desperation one sees everywhere today.  Optimism, which many regard as the defining attribute of the Nigerian character, had not taken flight.

    And yet, the mega-party’s promoters, mainly careerists who lost out or had not secured as much booty as they had hoped in the patronage sweepstakes, were already scheming to bail out.  The problem, as they see it, is the vehicle in which they had been doing business, not the nature of the business, nor the way they have been conducting it.

    The vehicle is broken, they say; another craft must be fabricated, one that can take those on board safely to a more prosperous destination and deliver whatever they ask for.  But the passenger manifest will be more or less like that of the ship they are abandoning, and so will be the captain and crew.

    To swindle the credulous, they are spreading the word that the principal promoters include two titans of the APC, Asiwaju Bola Tinubu, who has been alienated and marginalised by the APC he had laboured like no other person to create, and Abubakar Atiku who, in speech after speech, has voiced dissatisfaction with the way President Muhammadu Buhari and his team have been running the country.

    Tinubu and Atiku have separately issued forceful denials, but they continue to be linked with the scheme which apparently will involve, among other things, mass defection of governors and elected officials in various parts of the country to the mega-party.   They are planning to take a leaf from the playbook of the ACN/CPC/ANPP merger that produced the APC.

    Can’t they come up with something more innovative and more inspiring?

    In ancient Rome, the emperors distributed bread and staged circuses and gladiatorial shows to distract the public from the problems of the day.  Here, the promoters of the mega-party are scheming to divert and distract the public with circuses only.  Forget the bread.

    Buhari is not yet half-way into his term.  The country is beset by formidable problems.  It cannot pay its way without massive borrowing.  Unemployment among young persons willing and able to work stands at a scandalous high and is growing.  Inflation stands at an alarming 20 per cent. The infrastructure is so broken that it would not match 1990 conditions if 50 per cent of the budget were to be devoted to it for the next five years.

    Even in retreat, Boko Haram has continued to show a capacity for engaging the military in lethal firefights and for striking almost at will on soft targets.  There has been a lull in the murderous ravages of armed cattle herders devastating farms and communities.  But who can say that such brigandage is ended?

    If just a small fraction of the casualties of roads and domestic accidents reported daily had occurred in six months in a community, the elders would have set out to appease their gods.  Since we are such a prayerful country, it is a wonder that President Buhari has not declared  a National Day of mourning, prayer and atonement.

    In the midst of all this, the people that are lining up to join the mega -party are as self-absorbed as always. They are demanding that 20 per cent of the budget be handed to them for bogus “constituency projects,” in addition to the millions they appropriate unto themselves with scant regard for transparency and due process. They will not touch motorcars assembled in Nigeria.  Nothing less than exotic American-specification SUVs fit for their distinguished and honourable frames.

    This mega-party thing, it has to be said, is a flight from responsibility, and a distraction the country cannot afford.  Its promoters can best serve the country by carrying out to the best  of their abilities the tasks enjoined by their elective or appointive offices, and in keeping with their oaths of office.

    The vehicle is not the problem, gentlemen.  You are the problem, individually and collectively. If you empty it and fill it with passengers and crew cut from the same cloth as the former passengers and crew, you will get the same outcome.

     

    Correction

    I was in error when I stated in my December 12 column (“Sit-tightism:  A Primer”) that descendants of Sheikh Alimi have been sitting tight on the Ilorin royal throne for 120 years. Actually they have been at it for 192 years, no shaking.

  • Nigerians decry bread price hike

    The recent increase in bread price has drawn the ire of some Nigerians. Those who spoke to The Nation Shopping said before the hike, they ate bread at least four times  weekly because it was cheap.

    Mr. Akinya Oluwaseyi said he no longer buys three loaves of bread as he used to do owing to the hike in price. Mrs. Shukurat Babajide said has reverted to eating more rice because “rice can sustain one better than bread”.

    According to Mrs Babajide, notwithstanding that her family enjoys eating bread, its quality and size, has reduced drastically- a factor that now accounts for low consumption of the commodity.

    A distributor of Oldskool and Tee bread, who identified herself as Mrs. Keji, said until about a month ago, she used to buy a size of loaf at a distributor rate of N75, and resell to retailers at N85, who, in turn, sell to consumers at N100. This, she said, has changed as she buys from the bakery at N85, sell to retailers at N95, and the retailer on the other hand at between N120 and N150.

    The Nation Shopping investigation revealed that, indeed, not only has bread price been increased,  the quantity and quality have reduced. A sale representative of Harvest Bread, Mr. Odulami Olaonipekun, confirmed that several bread brands have increased their prices while the few ones that still maintain their previous prices have either reduced the weight or quality of the bread.

    He explained that going by the prevailing skyrocketing market prices of  bread ingredients, such as sugar, butter, yeast, preservatives, vegetable oil, flavors, no bakery or baker can break even, much more make profit without increasing bread price.

    “We used to buy a keg of vegetable oil for N6,500, but now, we are buying the same keg for between  N10,500 and N11,000. So you see that it is not easy to continue selling at the same old price,” Olaonipekun explained.

    Besides, he blamed the sudden increase in the cost of buying diesel and petrol, including the astronomical increase in electricity tariff as part of the reason for the price hike in bread.

    “The diesel I used to buy for N125 per litre suddenly changed to N195 without any genuine reason. All those things contribute to the increment in price because I don’t know how we can survive if we do not increase price, that means we will not be able to pay our workers’ salaries,” Odulami added.

    With the increased price comes a fall in demand and sales of the commodity. Another retailer, Mrs. Faith Fashola, said the new price has led to a drastic fall in her sales.

    Despite claims of high prices of bread ingredients, some bakeries maintain that they have not increased their bread price, but have rather reduced the weight of their product. For instance, a supervisor with Adura Agba Bakery, Mushin, Lagos, Mr. Kabiru Akeem, said the prices which they used to sell still remains the same as they are still building the name and would want to remain in the market as there are many brands to compete with.

    “We still sell at the previous price, not because the economic situation is not affecting us but because we are still building the name; but the increase in prices of everything has made us to reduce the weight of the bread,” Kabiru said.

    With bakers determined to remain in business, and those involved in the supply chain of bread determined to make profit, the heat has been passed to the final consumer.

    However, stakeholders in the industry are worried that going by the harsh economic situation, and the increasing level of consumer behavioural change, it may not be long before the bread industry collapses, leaving in its wake an addition to the country’s army of unemployed Nigerians.

  • Scarcity of bread looms in Abia

    Scarcity of bread looms in Abia

    Aba, the commercial nerve of Abia State and other parts of the state may witness scarcity of bread if the threat of bakery operators in the state was anything to go by.

    Although efforts to reach the leadership of Bakery Operators in Aba failed, The Nation authoritatively gathered that consumers of bread and other flour products may look for substitute if the market price of flour continues to rise in weeks ahead.

    Our correspondent who visited many bread stands in Aba and its environs reports that some of the bakery operators who could not survive the harsh condition of production have closed down, while the price of bread that made the stand witnessed a fifty percent increase. This is even as some of the bread sellers feared that many bakery operators may soon wound down.

    According to some bread sellers and bakery operators who pleaded anonymity, they attributed the closedown of some of the local bakeries to scarcity, high cost flour, cost of fueling and maintaining their machines and generating set including other production expenses.

    “Some of our colleagues who could not cope with the cost of flour and other things, including payment of staff have closed down for business, at least for the moment. Flour is costly and people are not advised to use bromate in preparing bread because of the said negative implication it has on human health. So, there is no way people can cover their expenses at this time that the economy of the country is biting hard on people,” a bakery operator said.

    The source however hoped that the federal government would wade into the situation by addressing some of the bottle necks that gave rise to the cost of flour in the market, stressing that a further increase on the price of bread means creating more hardship for bread and bakery food consumers.

    The source feared that if nothing urgent was done to save bakers from over expenses; many more bread will be out of stock from the stands or will leave them with no choice than to further increase the price of bread and other bakery products in order to cover the cost of their production.

    The source disclosed that bakers may be forced into a striking action in the nearest weeks to further push their demand for a reduction on the price of flour from its present market price.

    Some residents of the commercial town that spoke to our reporter over the issue expressed worries over the rapid increase in the price of bread and other bakery products, stating that it will be difficult for them to source for other alternatives to bread and other flour products.

    The buyers who lamented that the situation has narrowed their choices, however appealed to the respective authorities to see ways of addressing the situation by reducing the price of dollars and to encourage people who can afford to import flour into the country to do so.

  • Edo moves to halt bread scarcity

    Edo moves to halt bread scarcity

    Edo State Government has begun moves to end scarcity of bread in the state as bakers in the state embarked on strike action.

    Prices of bread in the state had soared by over 50% with bread formally sold for N200 now goes for N300 and above.

    Commissioner for Commerce and Industry, Abdul Oroh, who spoke at the meeting with Masters Bakers and bread distributors said steps were being taken to reverse the hike in prices of bread.

    Oroh urged the Masters Bakers to resume full production of bread and assured that the state government would consider issues of multiple taxation raised by the bakers.

    Chairman of Masters Bakers Association, Mr. Agbonze Benjamin, listed multiple taxation harassment by government agents and high cost of ingredients as reasons for the hike in prices of bread.

    Agbonze said the prices of bread would be revisited to make bread affordable if the state government addressed issues raised by the association.

    Chairman of Edo State Bakers Association, Deacon Nosakhare Eghobamien, said the increase in prices of bread was inevitable because of the increasing price of production.