Bakers hike bread price again, cite forex crisis, others

Bakers under the aegis of the Premium Breadmakers Association of Nigeria have said they will increase the price of bread, effective Monday (today).

The President of the association, Emmanuel Onuorah, who made the disclosure in an interview with our correspondent on Sunday, said the increase became inevitable due to soaring costs of operations.

According to Onuorah, a big part of the albatross hanging over the bread-making industry has to do with the import duty charged by the government on wheat imports.

“In other climes, especially here in Africa, the government removes duty on wheat imports because of the current global tension. But here, nobody is looking after anybody. We’ve been crying and talking about this, we’ve been doing advocacy, and yet nobody is coming to our aid,” he said.

The union leader gave an analysis of the other challenges facing bakers.


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