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Nigerian Bakers To Increase Price Of Bread

The Premium Bread Makers Association of Nigeria have warned that the price of bread may soon increase.

The President of Premium Bread Makers Association of Nigeria, Mr Jemide Tosan, said this at a briefing in Lagos on Monday. He noted that the cost of producing bread has increased due to an increase in prices of baking ingredients.

He pointed out that there is a 57 percent increase in the price of diesel, which is used to power factory generators on a 24-hour basis.

“The challenges we face as a result of the incessant increase in the prices of baking ingredients have rendered most premium bakeries comatose making us to operate at a loss.

“Given the current situation, most premium bakeries may be forced to embark on a price increase, which will further make bread unaffordable to the common man,” he said.

He explained that although the prices of flour, sugar and other baking items had increased threefold in the past three years, there had been no corresponding increase in the prices of premium bread by its members.

He, however, said the association is totally committed to ensuring that Nigerians have healthy, quality, affordable and harmless bread on their tables.

 

 

– Channelstv

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About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298, 08056381068.

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