Abuja Master Bakers Caterers Decries High Costs of Baking Materials, Calls for Govt Intervention

ThankGod Emeh, OWERRI.

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The Abuja Chapter of the Association of Master Bakers Caterers of Nigeria in a press release issued by its Public Relations Officer,  Nura Musa on Wednesday stressed that the high cost of baking materials is ‘killing’ the bakery business.

According to the release, “Many bakeries are finding it difficult to make profits due to the high cost of the materials where a bag of flour that costs N9,000 before COVID19, now goes for N12,000, while a bag of sugar now costs N22, 500 as against the former price of N13,000; Butter now costs N12,000 against N7,500; Milk was N29,000 before COVID19, now goes for N52,000; Bread Packaging cost N12,000 against N10,000”

The Abuja Master Bakers frowned at the ugly development that has affected their businesses noting that the Flour Millers have not fully responded to their calls to adjust the high prices of the goods.

“We have appealed to flour millers and other people involved in the selling of baking materials to reduce their prices but they have not responded.

The Abuja Chapter of AMBCN quoted the stakeholders and producers of baking materials of saying “Prices of salt, yeast and other baking materials had also hit the roof top. The instability of foreign exchange, high cost of diesel and other baking materials were reasons given by flour millers for the hike in the prices of baking materials”

“And that is why we are pleading with Federal Government to intervene in this matter by talking to flour millers and baking material sellers to bring the prices down”

“Master bakers association is one of the largest employer of labour in the country and most of the bakeries are folding up, many Nigerians working in the bakery sector are already losing their jobs.
If we are suppose to follow the trend of increase in the prices of raw materials for our production, the Prices of Bread may increase by 60%”

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