Sunday, August 14, 2022

Bread prices to increase by 25% as bakers call off strike in Kogi

“Unfortunately, as we resume production, July 25, prices of bread will definitely increase by 20 per cent.”

• July 25, 2022
Bread Bakery
A photo of a Bread used to illustrate the story

 Master bakers in Kogi say they would call off their strike at midnight on Sunday and resume work Monday, July 25 with a hike in the prices of bread.

This was disclosed by Gabriel Bamidele-Adeniyi, Chairman, Association of Master Bakers and Caterers of Nigeria, Kogi Chapter, on Sunday in Lokoja.

The association had on Wednesday, July 20 joined the nationwide strike declared by its national body to press home some demands from the Federal Government regarding prices of materials used in Bread production.

“By God’s grace by tomorrow, Monday July 25, we shall resume production of bread again after ending our strike midnight of Sunday, July 24,” he said.

Mr Bamidele-Adeniyi added: “Although the federal government is yet to respond to our pleas and demands, we are satisfied that we have at least sent a message hoping for a positive result.

“Unfortunately, as we resume production, July 25, prices of bread will definitely increase by 20 per cent.”

The baker noted that the price increment is not their making but occasioned by the prices of the materials they use in production.

“We want the government to see to it that prices of Yeast, Sugar and flour being imported are drastically reduced, more so that only three companies have the licence to import them.

“Unfortunately those three firms are monopolising the prices of Sugar, Yeast and Flour to the detriment of bakers in Nigeria,” he lamented.

Mr Bamidele-Adeniyi appealed to the government to ensure that the sugar company in Bashuta commenced production and equally open the opportunity for members to obtain the licence to import and obtain loans for better bread production. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

President Muhammadu Buhari, Goodluck Jonathan, Peter Obi, Umaru Yar'Adua and Olusegun Obasanjo

Economy

Buhari, Jonathan, Yar’Adua, Obasanjo wasted $500 million, impoverished Nigerians: Peter Obi

“If Nigeria had spent five per cent of the money borrowed so far on entrepreneurs and power generation, the country would compete with advanced countries,” reasoned Mr Obi.

Former Nigerian President, Goodluck Jonathan

Heading 1

Nigerian political leaders practise ‘bread and butter’ politics: Jonathan

“We must shift away from the politics of bread and butter and ensure that we do not elect leaders that will buy our conscience today and mortgage the future of our children.”

Vice President Yemi Osinbajo

Opinion

The secret diary of Vice President Yemi Osinbajo

If Buhari had supported me, I would have been the presidential candidate of the APC.

Bayelsa State governor, Douye Diri

Faith

Gov. Diri warns cultural terrorism threatening Ijaws’ language, identity

“We are suffering from what is called environmental terrorism, mainly caused by the oil companies. But there is another terrorism that is threatening us is cultural terrorism.”

NCDC DG, Ifedayo Adetifa and NCDC

Health

NCDC inaugurates biological lab to fight emerging diseases

“It will inform public health decision-making and facilitate the development of diagnostics, therapeutics, and vaccines,” said the NCDC director-general.

OPC and Fulani herdsmen

Heading 2

Cow caused OPC, Fulani herdsmen clash in Kwara, four dead: Police

A cow led by a Fulani herder broke the side mirror of OPC’s vehicle, and violence ensued, said the police.