Monday, July 26, 2021

    Bakers to increase price of bread in Kano State

    Must read

    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    By Zubairu Idris
    Kano, June 25, 2021 The Association of Master Bakers and Caterers of Nigeria, Kano State Chapter, said it will increase price of bread, following an increase in the price of flour.

    The Secretary of the Association, Alhaji Kabiru Hassan, who made the announcement on Friday in Kano, said the decision was for their business to survive.

    He further said that prices of other ingredients used in making the bread, had equally gone up, hence the need for them to take the decision.

    “The association had earlier decided to shutdown businesses, and subsequently increase the price, but in order not to render people jobless, we decided to increase the price only,” he said.

    He said that the association had tried severally to meet with the management of the flour companies to reduce their prices, but their efforts were unsuccessful.

    According to him, the companies explained to them that such meetings could not hold due to COVID-19 pandemic.

    The Secretary revealed that the price of 50-kg bag of flour, which was sold at between N9,000 and N10,000, now cost N16,000 and above.

    He therefore called on the government and other stakeholders to intervene with a view to finding a lasting solution to the problem.

    Hassan also urged flour producing companies to intensify efforts in increasing their production to make the product more available in markets.

    - Advertisement -spot_img

    More articles

    - Advertisement -spot_img

    Latest article

    WP to LinkedIn Auto Publish Powered By :