Chief Simeon Abanulor, the National Chairman, Association of Master Bakers and Caterers of Nigeria, said there would be a hike in the price of bread “to enable bakers to remain in business.”
Abanulor said this at a news conference in Umuahia on Friday He said that the cost of raw materials, such as flour and sugar had skyrocketed and that bakers in the country had been operating at a loss. He added that “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.” The chairman explained that the Association at a meeting with flour producers appealed to them to review the price of flour downward.
“However, they told us that there is nothing they can do because the Federal Government is not giving them foreign exchange and that they source it by themselves at the parallel market. “They maintained that they cannot sell below their cost price.”
Abanulor then explained why it had been difficult for bakers to produce bread with cassava flour. According to him, the Federal Government is yet to provide bakers with an improver called Enzyme that will enhance the cassava flour. He said “you cannot bake cassava bread without an improver, it will not work.
“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.” Click to signup for FREE news updates, latest information and hottest gists everyday
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That the price of anything in Nigeria will go up is no longer news. The news however is when it will occur. Like now am waiting for when we will have to pay for air to breathe coz am sure PDP stole that also. So Lai do quick and make d speech.
ReplyDeletePrice of bread has already gone up. Which way Buhari.This government should please stop this hardship. Bring back corruption. We were better off. By the way who says this government is not corrupt.Breeze will soon blow and fowl harsh will open
ReplyDeleteSame thing that happened in the first coming of the nomad. Soon food queues will start appearing. Mark my words.
ReplyDeleteI still remember when GEJ launched the cassava bread, no one mentioned anything about improver. Till date, am yet to see or eat the cassava bread. & so much of tax payers hard earned money went into that project. #GodHelpUs
ReplyDelete