• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 15, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Bakers Decry High Cost Of Production, Seek Urgent Intervention

Jerry Emmason by Jerry Emmason
3 years ago
in Business
bread
Share on WhatsAppShare on FacebookShare on XTelegram

The Association of Master Bakers and Caterers of Nigeria  have warned that prices of their Production cost, which have skyrocketed and become unprecedented in the country, call on the federal government to intervene in the regulation of prices of baking materials in the country.

The group, in a statement  jointly signed by the national president Alhaji Mansur Umar,  and national secretary Hon. Jude Okafor, said we have consistently made an effort after our last national executive council meeting (NEC) to ameliorate the situation of cost of production and baking materials in the markets.

“I most commend our members who diligently complied with the withdrawal of service actions and also admonish the few non-compliant ones to desist from the association activities as it will collectively hamper our working progress.

While addressing journalists at the national executive council meeting by the association Umar, said that bread has become a major staple food for most Nigerian households, irrespective of social standing and any hindrance towards its production could affect the country’s economy adversely.

“Group lamented that there is no way we can produce a NAFDAC quality standard product and still be selling at the old price in the markets. We haven’t relented in advancing the causes of our industry through various government and private sector engagement. We are in a new dawn of a new government and have since written several letters to the new government highlighting our challenges  and proffering solutions.”

The cost of bread production ingredients have been steadily rising at a time when the government has increased electricity tariff and price of petroleum products, thereby fuelling insinuations by the opposition that the federal government is on a mission to annihilate the poor and vulnerable in the country.

RELATED NEWS

Infrastructure Debt Fund Grows As NGX Admits 303,059 New Units To Official List

Universal Insurance Extends N3.2bn Rights Issue Trading Period

Govt May Need to Hike VAT, Introduce Telecom Tax – IMF

The group called on the renewal hope agenda by president Bola Ahmed Tinubu led administration to come to their rescue by looking into the increase in the prices of the essential material.

The communique read in parts” that  federal government should suspend the wheat levy which has accrued over 600 billion naira and diverted to other areas rather than the composite bread production industry for which it was established, and  federal government and state to order a stop of multiple revenue/taxation policies which is suffocating the bakery industry.”

“However, stated that the national executive council meeting (NEC) appealed to the federal government to implement the palliative scheme to our ailing bakery industry which has witnessed closure of over 30% of our members, since the removal of petroleum subsidy. This closure has caused loss of jobs for over five million Nigerians engaged in our industry.

“Maintained that Bakers are advised to maintain production of NAFDAC standard quality products, irrespective of the challenges currently faced as a result of skyrocketed costs of production. Calling on the federal government to intervene on the incessant increase on flour and sugar just like it recently did in the cement industry. This is more important because food is the first law of nature as it affects preservation of life.”

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works
Jerry Emmason

Jerry Emmason

OTHER NEWS UPDATES

NGX Records First Commercial Paper Listing With Dangote Cement’s N119.87bn Deal
Business

Infrastructure Debt Fund Grows As NGX Admits 303,059 New Units To Official List

5 hours ago
Universal Insurance Extends N3.2bn Rights Issue Trading Period
Business

Universal Insurance Extends N3.2bn Rights Issue Trading Period

5 hours ago
IMF Projects Nigeria To Become Africa’s Third Largest Economy By 2026
Business

Govt May Need to Hike VAT, Introduce Telecom Tax – IMF

5 hours ago
Next Post
Labour Blames Shoddy Privatisation For Abuja DisCo, Others’ Takeover

Burnt Transformers, Grid Disturbances: Group Alleges Sabotage

Advertisement

LATEST UPDATE

‘We Didn’t Know How Our Father’s Corpse Was Released For Burial By Bandits’ – Late Gen. Abubakar’s Son

4 hours ago

Tinubu Celebrates SEDC CEO Mark Okoye At 40

4 hours ago

Ocheme Targets Global Stardom After Stunning Flying-Knee Knockout At PFL Africa

4 hours ago

Philip Shaibu Congratulates Edo Queens On NWFL Triumph, Continental Qualification

4 hours ago

Infrastructure Debt Fund Grows As NGX Admits 303,059 New Units To Official List

5 hours ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.