Kwara bakers to increase bread prices by 25%, Dec

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By Mike Adeyemi

The Association of Master Bakers, Kwara State chapter, has concluded plans to increase the price of the commodity by 25 per cent in December, 2018.

The Chairman, Kwara Master Bakers, Mr. Subar Babatunde Gidado, stated this during an interview with Pilot Business in his office, yesterday.

According to him, the need to review upward the prices of bread in the state is hinged largely on the hike in cost of raw materials.

“We plan to increase bread prices in Kwara State by 25 per cent at the end of the year owing to the rising cost of production and raw materials, like flour, sugar and wheat among others.

“We are waiting for the national office’s directive before we implement the new price, “he stressed.

He further said the bakery industry in Kwara State is the second largest employer of Labour, adding that the sector contributes to the sustenance of Kwara economy in no small measure.

“At present, we have about 520 existing bakery in the state, with a minimum workforce of 20 workers, aside from administrative staff.

Gidado, however, decried the non incorporation of bakers in governments financial support programmes inspite of the fact that they are tax payers.

He then appealed to the Senate President, Dr. Bukola Saraki to look into the plight of bakers in the state with a view to assisting them as done for other unions in recent time.

The association chairman warned consumers from eating hot bread that has just been produced at the bakery as it is hazardous to health as it contains cancer causing chemicals.

According to findings by this medium, if the proposed bread price increase becomes effective, a loaf of bread that is currently sold for N40 will cost N50, that of N80 will be purchased for N100.

Also, a loaf of bread that sells forvN200 will cost N250 while that ofN300 will cost N375.

 

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