JUST IN: Bread Price Increase As Bakers Hint On Fresh Increase In Production Cost Soars

The Premium Breadmakers Association of Nigeria (PBAN) has, again raised concerns over rising cost baking materials in Nigeria… Continue Reading

The group has also hinted on an imminent price increase following the increasing cost of materials.

The bakers are also lamenting lack of access to foreign exchange which, according to them, is crippling the baking industry in addition to high levy on raw materials importation of bread production.

The national president of PBAN, Emmanuel Onuorah, who stated in Lagos during a courtesy visit to stakeholders in the baking industry also identified limited prospects for ease of doing business as another key impediment for the baking sector in the country.

He called on the federal government to make favourable and implementable economic policies that would encourage and promote baking in the country.


According to him, it is high time the federal government through a deliberate policy suspended levies placed on wheat and other baking products to encourage investors’ survival in the industry.

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It's the economy, stupid!

APC is very poor in management of people and resources.

Av

Our daily bread is no longer feasible.

1.We shall reduce your purchasing power

2.Are your salaries paid in dollars?

3.Na statistics we go chop?

Words from the great Prophet Bulabalu which are now in reality

Una never see anything

Hehehe

More suicides loading

Predict where the next news of lagoon Olympic jumpers will be coming from and win N500 mtn recharge card

Where those people wey talk say emilokan agbadorian regime go favor them and ther families?

Yeah! I couldn't get bread yesterday because of their strike. They should focus on import substitution for their raw materials and ingredients, especially the flour. Increase the ratio of cassava composite to the mixture, they can even try potato flour (I heard its even better and great for baking). This will help reduce cost.

HeatSeeker:
Yeah! I couldn't get bread yesterday because of their strike. They should focus on import substitution for their raw materials and ingredients, especially the flour. Increase the ratio of cassava composite to the mixture, they can even try potato flour (I heard its even better and great for baking). This will help reduce cost.

some cyber-economists will soon tell you we don't have competitive advantage in that aspect.
I wonder if no production is better than half production.