• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, May 16, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Bread Makers To Shut Down Over High Operating Cost Today

by Olushola Bello
3 years ago
in Business, Cover Stories
Pic Credit: Radar Africa

Pic Credit: Radar Africa

Share on WhatsAppShare on FacebookShare on XTelegram

 Bread producers under the auspices of the Premium Breadmakers Association of Nigeria (PBAN) have said they will be withdrawing their services in protest of the unbearable cost of doing business in the country.

The association, which comprises owners, managing directors and partners of premium bakeries in Nigeria, in a release signed by its president, Emmanuel Onuorah, said operating a bakery in Nigeria has become near impossible as the incessant increases in the prices of baking materials and diesel have rendered the industry comatose.

Advertisement

He said bakeries are mostly running on huge losses and this is no longer sustainable.

“Bread is a staple food and one of the cheapest foods that is available for both the poor and rich. It therefore behooves on the federal government to be mindful of this and ensure the survival and sustainability of the industry.

“In a move to ensure the survival of the premium bread making industry in Nigeria, we have decided to embark on a withdrawal of services beginning from July 21, 2022 for four days in the first instance and where their is no intervention from the government, we shall escalate the duration of the withdrawal,” he said.

According to him, the union wants the federal government to stop charging 15 per cent wheat development levy on wheat import; for the National Agency for Food and Drug Administration (NAFDAC) to review downwards the N154,000 penalty charged bakeries on late renewal of certificates; for government to grant members access to grants and soft loans being given by the Central Bank of Nigeria (CBN) to Minor, Small and Medium Scale Enterprises (MSMEs), and the stoppage of multi – agencies regulation of the breadmaking industry.

RELATED

Tinubu Hails Uchegbu On Her Election As Cambridge Varsity College President

Reps Begin Probe Of Mass UTME Failure

1 minute ago
H5N1 Bird Flu Pandemic

Virologists Warn Of H5N1 Bird Flu Pandemic

7 minutes ago

Onuorah said, “Our efforts to ensure the survival of the industry led to a series of meetings with the Federal Ministry of Industry, Trade and Investment, Abuja (FMITI) with our sister association in the breadmaking industry in 2021. Our best attempts to ensure that suggestions we put forward for the survival of the breadmaking industry have not yielded the desired result.

“Therefore, the withdrawal of service is the only way we believe we can use to get to the federal government and Nigerians and let them know our plight and how difficult it has been with the breadmaking industry in Nigeria.”


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



Tags: Bread
SendShareTweetShare
Previous Post

Why We Turbaned Bandit Leader, Aleru – Yandoto Emirate

Next Post

Muslim-Muslim Ticket: We’re In Presidential Race For Nigeria Project, Not Islamic Agenda –Shettima

Olushola Bello

Olushola Bello

You May Like

Tinubu Hails Uchegbu On Her Election As Cambridge Varsity College President
Education

Reps Begin Probe Of Mass UTME Failure

2025/05/16
H5N1 Bird Flu Pandemic
Health

Virologists Warn Of H5N1 Bird Flu Pandemic

2025/05/16
JCI Lekki Royale’s EDGE Conference Unveils Strategies For Resilient Businesses
Business

JCI Lekki Royale’s EDGE Conference Unveils Strategies For Resilient Businesses

2025/05/15
West Africa Automotive Show Commends Nigeria’s Automobile Market
Business

West Africa Automotive Show Commends Nigeria’s Automobile Market

2025/05/15
NFIU Warns Against Use Of BNBEX Over False Claims
Business

NFIU Warns Against Use Of BNBEX Over False Claims

2025/05/15
CEF Urges Tinubu To Grant State Pardon To Saro Wiwa
News

JUST-IN: Tinubu Creates Armed Forest Guards To Reclaim Ungoverned Areas

2025/05/15
Leadership Conference advertisement
Your browser does not support HTML5 video.

LATEST

Reps Begin Probe Of Mass UTME Failure

Virologists Warn Of H5N1 Bird Flu Pandemic

Power, Water Exhibition Create Pivotal Role In Addressing Nigeria’s Energy Challenges

Houseboy ‘Steals’ N4m From Ex-Gov Fayose’s Mother’s Bank Account

Nigeria’s Inflation Rate Eased To 23.71% In April Amid Food Price Decline — NBS

Tragedy Averted As Fire Guts Lagos General Hospital Nursing Room

West Africa Must Stand United, Tinubu Tells Mali

Maritime Workers Protest Alleged Imposition Of Leader

Ex-FRSC Deputy Corps Marshal Olagunju Hails Prof. Oloyede’s Honesty Over UTME Errors

Imports Have Crashed Food Prices, Hoarders Now Counting Losses, Says BUA Chairman

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.