Price Of Bread to Increase by 20% Starting From Today– Bakers Association

Chairman of Bakers Association, while speaking with press explained that the ingredients used in making bread is very expensive now. He further explained that: a bag of flour that was sold for N6,000 is now N11,000 while a bag of Sugar that was sold for N11,000 is now N15,000.

“Bakers can no longer cope with this situation hence the decision to increase the prices by about 20 percent,” he said.

“The present economic situation in the country has affected the baking industry as the second largest employer of labour in the country and bread being the most stable, fatest and easiest food to lay hands on anytime anywhere.”

He however, appealed to their customers and consumers to bear with them, as they promise to continue producing good quality bread at affordable prices.

“We also appeal to Federal Government to give some concessions to the flour millers in foreign exchange allocation and waving off some taxes and levies in order to stop this incessant increase in flour prices so as to keep bakers in business to avoid un-employment.
“We urge the flour millers to always have bakers in mind whenever any price increase is being considered as we are the end users of their products. All members and bread vendors must adhere strictly to the new price,” he added.