Cheapest Bread May Cost N1,000, Nigerian Bakers to Stop Production July 13

The Association of Master Bakers and Caterer of Nigeria has given a notice to embark on a nationwide strike due to the the unexpected increase in bakery materials and the ignore of the Federal Government in the matter.

The association made this known in a communiqué issued by its National Executive Council following a meeting of the council held in Abuja.

The communique which was obtained by newsmen on Friday, threatened that bakers would withdraw their services across the country from July 13, 2022.

They stated that the cost of flour, sugar and other materials used in bakery business has skyrocketed beyond the reach of many bakers.

A member of the bakers association who didn't want to be identified by name, told The Status News that the lowest breads could go for N1,000 should the bakers continue the production without the necessary government intervention.

Already, the smallest loaf of bread in Nigeria goes for N500 while the biggest costs as high as N1,200. This is against N350 and N750 each the cost before the increase in March 2022.

They also stated that efforts to get government’s intervention in the matter had been proved abortive, as there have not been a positive response from the concerned ministries, departments and agencies of government.

The National President, Mansur Umar, who signed the communique, stated that the council reviewed the “neglect of the Federal Government in addressing the challenges facing our sector as captured in our letters acknowledged by the Federal Ministry of Industry, Trade and Investment, Federal Ministry of Finance, Central Bank of Nigeria and unproductive intervention of the Secretary to the Government of the Federation.

“Increase in prices of bakery materials especially flour and sugar having reached unprecedented levels, for example, flour is now between N25,000 and N27,500, so also other ingredients.