June 19, 2016

The price of bread will increase due to economic challenges – bakers

The price of bread will increase due to economic challenges - bakers
 Association of Master Bakers and Caterers of Nigeria say the price of bread is about to go on the rise due to the state of Nigeria’s economy which gave way for the rising prices of raw materials.

In a statement signed by chairman of the association Simeon Abanulor, the bakers said after a nationwide meeting in Umuahia, Abia State on Friday:

“We are helpless because the price of raw materials ranging from flour to sugar, wheat and butter, has gone up. It is therefore imperative that for us to remain in business, we will have to increase the price of bread.”

“Our challenge is that we reached an agreement with the Federal Government that they are going to give us an improver. There are lots of potential in cassava flour but the problem is that government cannot provide us with improver.”

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