Bakers ask Nigerians to count on 50 p.c improve in bread costs
The Affiliation of Grasp Bakers and Caterers of Nigeria (AMBCN) says a 50 p.c improve within the costs of bread is inevitable.
Raji Omotunde, Lagos state chapter chairman of AMBCN, made this identified in an interview with NAN on Friday.
He stated the costs of baking components have elevated as a result of coronavirus pandemic, including that producers at the moment are working at a loss.
“Costs of all components used for baking are too excessive, particularly flour and sugar. Between March and September, there was a month-to-month addition of N500 on a bag of flour and bakers have been bearing the extra price,” he stated.
“However as it’s, baking bread and promoting on the present value is not worthwhile. We’ve got been interesting to the millers however they’re groaning concerning the absence and improve in value of overseas trade. The one choice we’ve now could be to cry out in order that authorities can come to our rescue.”
Nura Musa, the general public relations officer of AMBCN Abuja chapter, known as for presidency intervention.
He stated a rise in costs will have an effect on gross sales which is able to consequently have an effect on bakery jobs throughout the nation.
Musa stated authorities assist is required to scale back manufacturing prices, which in keeping with him, is killing the bakery enterprise.
“The instability of overseas trade, excessive price of diesel and different baking supplies are causes given by flour millers for the hike within the costs of baking supplies,” he stated.
“We’ve got appealed to flour millers and different individuals concerned within the promoting of baking supplies to scale back their costs however they haven’t responded.
“And that’s the reason we’re pleading with Federal Authorities to intervene on this matter by participating the flour millers and baking materials sellers.
“The affiliation is among the largest employers of labour within the nation and if any bakery ought to fold up many individuals will lose their jobs.”
A bag of flour which bought at N10,500 earlier than the outbreak of coronavirus, now sells at N13, 000.
Additionally, a bag of sugar now sells between N19, 000 and N20,000 relying on bargaining energy towards the pre-COVID-19 value of N14,000.
The alert on the doable improve of the price of bread is coming at a time when there may be outrage over hike in pump value of petrol and new electrical energy tariff.