Politics › Re: We’ve Taken Full Charge Of Osun LG Funds, Grassroots Will Soon Transform — ALGON by yinchar(m): 10:57am On Dec 24, 2025 |
Imagine, for almost 1-2 years now, Adeleke has prevented all the local government workers in the stage from working at the secretariats, just because the APC chairmen are in charge as per the court ruling.
Compromising service delivery because of personal or political issues
Appalling |
Foreign Affairs › Re: Elon Musk Calls For Abolition Of The EU, Return Of Sovereignty To Member States by yinchar(m): 7:44am On Dec 09, 2025 |
Divide and conquer
All because of him, who takes him serious anyways |
Foreign Affairs › Re: Ceremonial Coup?: Embalo's Allies Consolidate Power In Guinea Bissau (pics) by yinchar(m): 8:09pm On Nov 29, 2025 |
After loosing the election, he staged a coup with his loyal army generals to keep his cronies in power, perpetually blocking the opposition from claiming electoral victory
This is new |
Food › Re: Why Bread Price Remains High Despite Drop In Flour Cost by yinchar(m): 7:40am On Nov 17, 2025 |
ogododo: The price of bread, a staple in many Nigerian households, has remained high across various parts of the country despite a drop in the cost of flour, a key ingredient in bread production, Daily Trust’s findings have revealed.
Last year, the price of flour skyrocketed, hitting over NGN 80,000 per bag in markets across Kano and other northern states as well as other parts of Nigeria, a development which forced bakeries to increase the price of bread.
In some parts of the country, a loaf hitherto sold for N700 became N1,200 and that of N500 became N1,000, a development that forced some families to gradually erase bread from their menus.
It was gathered that late last year a 50kg bag of flour was sold between N70,000 and N71,000 and a bag of sugar cost N83,000 and N85,000 per 50kg, but as at the first week of March 2025, a 50kg bag of flour was selling at N58,000 while sugar is selling at N80, 000, yet the price of bread has remained high.
Kano to sustain merit–based school admissions, teachers’ deployment Doctors’ strike enters 17th day as NARD insists on demands In Abuja, our correspondent who went round some major markets observed that a 50kg bag of flour is sold between N60,000 and N65,000 as against N80,000 and above last year.
It is said that in Nigeria, the bread industry generates up to US$19.81 billion and the market is expected to grow annually by 11.04 per cent.
Idris Bello Biyu, a civil servant in the Kano State Teachers Service Board and father of four, said that at a time he needed at least N2,200 to buy bread every morning; hence, the situation became unbearable and he had no option than to cancel bread from the family’s menu.
“Sadly, when the reduction in the prices of commodities began, we thought the price of bread would drop as well, but it didn’t happen,” he said.
Business owners also affected are the tea vendors, mostly known as Mai shayi.
Adamu Garba Dogo Maishayi, a ‘shayi’ vendor in Gombe, has raised concerns over a significant decline in tea sales, attributing the downturn to the high cost of bread.
Dogo Maishayi, who operates a mobile tea business, explained that many of his customers now opt for tea without bread.
“The authorities should encourage bakers to reduce the prices of bread in line with the decrease in flour prices. The high cost has negatively affected our profits.
“Bakers do not hesitate to increase bread prices when the cost of flour rises, but they are slow to reduce prices when flour prices drop,” Dogo Maishayi said.
However, Alhaji Aliyu Abdullahi, chairman of the Bakers’ Association in Gombe, offered insight into the reasons behind the stagnation in bread prices.
He explained that the recent reduction in flour prices has been minimal, which has had little impact on the cost of bread. “The reduction in flour prices is just about 3 per cent, which is insignificant,” he said.
“If the price of a bag of flour had dropped by N10,000, we would see a ripple effect on bread prices. In that case, a loaf priced at N1,000 would drop to N900.”
The chairman of the Association of Master Bakers and Caterers of Nigeria (AMBCN), Federal Capital Territory (FCT) chapter, Mr Ishaq Abdulraheem, said that although there was a slight reduction in the price of flour, it couldn’t lead to a fall in the price of bread.
He said: “At the time of the controversy, flour was sold at N60,000. Currently, it is N58,000. Sugar too has reduced from N82,000 to N80,000.
“Note that we are paying for electricity. And the price of diesel is fluctuating. Also, the price of margarine and nylon we use for packaging has not changed. Yeast has also not changed. Nothing has come down apart from flour and sugar.”
On the major factor affecting bread price, he said: “As long as Nigeria keeps importing wheat, the price of bread will remain high. We can use cassava as an alternative. That’s why we have been agitating for the government to ensure that cassava production is increased.”
A bakery owner in Kano State, Alhaji Manu Inuwa, told our correspondent that the public failed to understand that even if the prices of sugar and flour dropped, other items have not dropped, and they are very vital in bread making.
He added that people should understand that there are stages in increasing the price of bread, which are the same when trying to reduce it. He said, “We don’t increase the price outright; rather, we systematically reduce the weight of the loaf, and from there, other stages will be followed till the end, which is an increase in price.”
‘60,000 bakeries out of business’
Many bakery owners have lamented that the high cost of production is forcing them out of business.
Last week, the president of the Premium Breadmakers Association of Nigeria (PBAN), Engr. Onuorah Emmanuel has raised the alarm over the worsening economic conditions crippling the baking industry.
He revealed that more than half of bakeries belonging to his members alone have shut down in recent years due to skyrocketing production costs, high interest rates, and insecurity.
Speaking during the PBAN Day Out 2025 held in Lagos with the theme: “The Business of Baking: Pathways to Profit, Productivity and Growth,” Emmanuel painted a bleak picture of the sector, lamenting that bakers are battling multiple economic pressures that threaten their survival and the livelihoods of thousands of Nigerians.
“The finances are stifling us; interest rates are astronomical. You can’t go to the bank and get a single-digit loan. All their loans are above 30 per cent. How does any business survive with that?” he asked.
In Kano, Umar Tijjani , a bakery owner at Yan Kaba, said the high cost of production has forced many to exit the business.
Tijjani said that because it is no longer profitable to run the business, he has since abandoned production and is contemplating quitting the business entirely.
A bread producer in Ilorin, Mr Abdulazeez Abdullateef, said the slight drop in flour prices has not translated into any meaningful reduction in the cost of bread.
He told Daily Trust on Sunday that flour prices fell only marginally in recent weeks.
According to him, they used to buy a bag of flour for N66,000. The current price is between N63,000 and N63,500.
He added that those who pay cash get it between N62,000 and N63,000.
He said the difference is barely N2,000 and has little effect on production.
Abdullateef explained that other items used in baking remain expensive.
“Flour is not the only ingredient we use. We buy yeast, flavour and preservatives. We also pay workers and spend on transport for distribution. This is why the price of bread has not changed,” he said.
He added that bakers have slightly increased the grams of their loaves.
“The 600-gram loaf now weighs between 610 grams and 630 grams. Anything more than that will take us back to loss,” he said.
Chairman of the Kwara Master Bakers Association, Alhaji Abdulfatai Alaba, also dismissed the impact of the slight drop in flour prices.
He compared the situation to the current fuel price challenge.
He said a reduction of one or two thousand naira on a bag of flour makes no significant difference with the high cost of other inputs.
“If we are talking about a reduction of like N10,000 or more, that is where the impact would have been felt much, not what we are having now,” he explained.
He noted that “flour rose from N38,000 during the previous (Buhari) administration to more than N64,000 at a point.”
He said the “current price of about N61,000 has not eased the pressure on bakers.”
Alaba said many bakers “continued to operate at a loss but avoided further price increases because of the economic hardship in the country.”
He added that the recent fall in the price of some food items made it more difficult to adjust bread prices upward.
Bakers’ president gives conditions to drop price
Speaking with Daily Trust, the president of the Premium Breadmakers Association of Nigeria (PBAN), Engr. Onuorah Emmanuel insisted that there has been no substantial reduction in the price of flour.
Besides, he said the energy cost also played a key role in the increase in the price of bread.
Emmanuel said that if the price of flour and other commodities like energy drops drastically, the bakers would be forced to reduce the bread price.
He said. “How much has come down in the price of flour? N500. Flour is still selling above N55,000. We have not increased bread prices in the last one year. Energy cost shot everything up again. Diesel prices have not come down. If all the prices come down, we will drop our price.
“My energy cost before now was like N600,000 to N800,000, but now it is close to N3million plus. Even in the midst of this, check the weight of our bread; the weight has increased substantially, too.”
https://dailytrust.com/why-bread-price-remains-high-despite-drop-in-flour-cost/?noamp=available In this country, anything that goes up never comes down. Yet we blame the Federal government for everything, we should all do a self retrospect |
Politics › Re: Lawmakers Ordered Arrest Of JAMB Officials Who Staged Walkout by yinchar(m): 7:31am On Oct 30, 2025 |
FreeStuffsNG: I will not give you free education that you failed to receive in school here.
Go and face your studies first and work hard to get to important positions in private or public career path in life next then you will know the meaning of sensitive information.
Criminal cyberbullying is not work o. Come on Bro, I think you were enlightened used to read your comments What are you talking about, JAMB staffs walking out on Parliament, and you side JAMB Staffs NO where can this be done or acceptable |
Politics › Re: Kano, Katsina, And Jigawa Launch Nigeria’s First Regional Power Market by yinchar(m): 6:35am On Oct 24, 2025 |
Thewesterner: Why are you triggered? What has he said wrong? Is everyone not entitled to his/her opinions? He’s in severe pains, just be telling him to ask his looting governor where the Billions of Naira received every 30days are kept |
Politics › Re: Kano, Katsina, And Jigawa Launch Nigeria’s First Regional Power Market by yinchar(m): 6:28am On Oct 24, 2025 |
Efezik007: What's is your problem with south South state, did you see anything about south South state in this topic? Is very easy to know where u come from. You won't criticize your government in your region. But u will love to criticize others. Focus on your region while others regions find better ways to boast their power generation. See them already defending their looting governors And start screaming at the Federal Government By their coat you shall know them |
Politics › Re: Kano, Katsina, And Jigawa Launch Nigeria’s First Regional Power Market by yinchar(m): 5:55am On Oct 24, 2025 |
What about the South-South states receiving allocations of X10 of other states from Federal Government with 13% derivations?
Ask your Governors |
Crime › Re: BRT Task Force Officers Caught Extorting Drivers Outside BRT Lanes (Video) by yinchar(m): 5:23pm On Oct 19, 2025 |
The road was not even properly marked
The lane marking has faded |
Politics › Re: ANOTHER HISTORIC WIN: Nigeria Posts ₦5.17 Trillion Trade Surplus Under Tinubu by yinchar(m): 10:13am On Oct 18, 2025 |
Amazing
I don’t blame fellow Nigerians, they don’t understand economics.
A positive data like this means nothing to them |
Politics › Re: Oyebanji Pays Another ₦2 Billion Gratuity To Retirees by yinchar(m): 4:27pm On Oct 14, 2025 |
Gaspardd: My dad benefited this year.... But later my 7years old niece tells me how she used to eavesdrop my pops talking about buying long hair for someone on the phone. 3mths later my mum told me she checked pops balance and 200k was left inside with nothing to account for. It was there I connected the dots and understood what my niece was talking about. Let your Dad enjoy himself |
Investment › Re: Your ₦1 Million Invested In The ICT Stocks On 2 January 2025 Vs Other Sectors by yinchar(m): 5:15pm On Oct 09, 2025 |
Wow speechless
The children of hate won’t still believe it ask for proof |
Politics › Re: Wike Warns Against Unauthorized Street Naming In Abuja City Centre by yinchar(m): 6:41am On Oct 09, 2025 |
helinues: Honestly, some of you have bastardized the word opposition.
Could you point out to what precisely is wrong with Wike's statement? Some people will always see things in the wrong perspective even when there is none |
Politics › Re: Fubara’s Men Absent At Governor's Reunion With Wike by yinchar(m): 2:17pm On Oct 06, 2025*. Modified: 2:40pm On Oct 06, 2025 |
The weak Fubara’s so called Men will disappear on the sight of Wikes Men
Simple as that
How can you compare cat with a lion |
TV/Movies › Re: Netflix Loses Billions In Stock As Elon Musk Calls For Boycott by yinchar(m): 12:38pm On Oct 03, 2025 |
Holdup247: Good for the WOKE Netflix, at least others will learn.... Stop following the bandwagon Explain how Netflix was woke? Be objective, just because Musk said it doesn’t mean you should swallow it If there are movies you don’t like, are you forced to watch it. P oRn has been in existence for generations, people watch in the rooms are you forced to watch it Use your brain on the whitewashing that instigated what happened |
Politics › Re: Nigerian Man Spends ₦316,000 On Medications For Goat, Shares Receipts Online by yinchar(m): 7:09am On Sep 30, 2025 |
Isn’t the goat a business for him, otherwise what stops him from eating the goat |
Business › Re: Remi Tinubu Raises ₦20bn For National Library Project by yinchar(m): 7:00pm On Sep 23, 2025 |
Nothing that will make Nigerians happy
The 1st lady just used her connection to secure donation for the library and yet see tons of complaints |
Politics › Re: Otunba Fayose Meets Aregbesola After Quitting PDP, Eyes ADC Move by yinchar(m): 7:30pm On Sep 20, 2025 |
My people don’t read
Emmanuel Fayose is different for the popular Osoko - Peter Ayodele Fayose |
Politics › Re: The Bet I Could Never Win: How Gambling Promised Me A Future And Stole My Presen by yinchar(m): 2:45am On Sep 18, 2025 |
Seun this should be on front page to save others please
Very touching and an eye opener, any young man can relate |
Politics › Re: Piracy: Two Nigerians To Face Jail Terms In Liberia For Hijacking Cargo Ship by yinchar(m): 3:31pm On Sep 16, 2025 |
Kayberg: What are their names? We just want to check something.
Because some incidents will happen, and next they'll tag the culprits Nigerians. Just see the head No more question required or what else d you want |
Sports › Re: Tobi Amusan Wins Silver In 100 Hurdles At The World Championships (Video) by yinchar(m): 6:54pm On Sep 15, 2025 |
She’s started late off the tracks and her ability to be able to recovery and still win Silver was amazing
She’s more or less like the best in the world |
|
Travel › Re: Passenger Dragged Off An Enugu Air Plane (Video) by yinchar(m): 8:05pm On Sep 01, 2025 |
What’s wrong with Nigerians
In saner climes once the pilot ask you to disembark you obey without questioning, here you see my brothers questioning even the pilot, even if police show, they will still be insisting on their right.
I think the Ministry of Aviation needs to get soldier ready, once you asked to leave the plane just comply |
Politics › Re: 2027: I Have Done My Maths, Tinubu Will Finish 3rd - El-Rufai by yinchar(m): 10:11pm On Aug 31, 2025 |
Keep living in a fools paradise
Attempting to unseat a sitting president with mouth
Lol |
Travel › Re: Historic Retirement For Capt Neil With Son As FO And ATC @ Toronto Airport by yinchar(m): 10:02pm On Aug 29, 2025 |
Wow this is very inspiration and amazing
Congratulations and happy retirement |
Islam › Re: City Of Islam: A City Of Light by yinchar(m): 12:59pm On Aug 29, 2025 |
The City of Light
The City of Light
The City of Light
|
Politics › Re: Withheld Allocations: Osun Drags FG To Supreme Court by yinchar(m): 9:21am On Aug 27, 2025 |
The question is what concerns a state government with local government
This is the separation of power Fagbemi is trying to achieve and validated by the Supreme Court judgement |
Foreign Affairs › Re: Indian PM Modi Snubbed Trump's Phone Call 4 Times by yinchar(m): 5:38pm On Aug 26, 2025 |
Nairaland is captured
Thanks for your attention to this matter |
Foreign Affairs › Re: Russia Launches 75 Rats, 1500 Flies Into Space On Bion-M Spacecraft (Photos) by yinchar(m): 6:06pm On Aug 22, 2025 |
Nairaland has been CAPTURED
Thank you for your attention to this matter |
Crime › Re: Troops Gun Down 3 Kidnappers In Daring Delta Shootout, Rescue Victims (Photos) by yinchar(m): 7:22am On Aug 20, 2025 |
Some of my brothers will still condemn the rescue and support the kidnappers
They are allergic to any good news |
Foreign Affairs › Re: 1000-19: Russia & Ukraine Exchange Dead Bodies Of Soldiers Killed (Photos) by yinchar(m): 5:10pm On Aug 19, 2025 |
Am I the only Nairalander that have noticed Nairaland has not become a Russian Propaganda tool
The monikers are now well known WriterNG Kaliningrad
Even shamelessly recycling previously posted front page news |
Health › Re: I Kept My HIV Secret For Years And Here Is The Truth I Have Been Afraid To Share by yinchar(m): 10:05pm On Aug 12, 2025 |
Take your meds and you will be fine
12 more characters needed |