Bakers To Shut Down Industry Nationwide

Category: Business News

The Association of Master Bakers and Caterers of Nigeria (AMBCN) South-East chapter, has said it is set to withdraw its services from July 13, as directed by its national body.

The Zonal Chairman of the association, Chief Dominic Nwibe made this known in an interview with NAN on Wednesday in Abakaliki, the Ebonyi State capital.

Recall that the National President of AMBCN, Malam Mansur Umar had also said members would begin a two-week strike from July 13, citing an increase in prices of bakery materials. 

Also See: Bread Prices May Increase By 60%, Bakers Warn

Following the directive, Chief Dominic said, “We had a zonal meeting in Abakaliki and decided to follow the directive which is supposed to last for two weeks.

“A bag of baking flour which hitherto cost N25,000 presently cost N28,000 and it is worrisome that it will keep increasing.

“A bag of sugar which hitherto cost N9,000 presently cost N30,000 while 20 liters of groundnut oil costs about N20,000″.

Also See: Nollywood Actress Ini Edo’s Bakery Business Collapses

According to him, the members felt it was unnecessary to keep increasing the prices of bakery products such as bread to the detriment of customers.

“The customers would feel that we are greedy and we want to let the federal government know that the situation has become unbearable.

“We are asking for the liberalization of the sugar importation process to break the monopoly by two or three firms.

“These firms import sugar and control its price mechanisms as the withdrawal of services will make our customers know we are telling the truth on reasons for price increases,” he added.

The zonal chairman regretted that the authorities blamed the high cost of materials on the economic effects of the invasion of Ukraine by Russia.

“We don’t see any justification to this assertion as flour for instance, can be sourced from nearby countries,” he said.