13th December, 2010
The price of bread, one of Nigeriansâ€™ staple foods, is to go up anytime from now, soÂ declared the new President of the Association of Master Bakers and Caterers ofÂ Nigeria, AMBCN,Â Prince Jacob Adejorin.
Speaking at the swearing in of new executives of the association in Lagos, PrinceÂ Adejorin, attributed the development to the increase in the prices of otherÂ commodities used in baking bread.
According to Adejorin, millers have increased the price of flour from N4,900 toÂ N5,600 and bakers will have no choice but to increase the price of bread so thatÂ they will not run out of business.
P.M.NEWS investigation also revealed that the price of sugar, another importantÂ commodity used in the making of bread, has gone up from N7,200 and N8,000 toÂ N10,100. â€œThe price of flour has gone up and we will have to deliberate on the nextÂ line of action, whether to increase or not, because we cannot run at a loss.
â€œI am appealing to everyone of us (bakers) to focus on the upliftment of our greatÂ association in Lagos and at the national Level. There is need for us to comeÂ together now more than ever before to move the baking business forward and this mustÂ be our joint responsibility. The task must be achieved by all of us. I promise toÂ take the Association of Master Bakers and Caterers of Nigeria, Lagos State chapter,Â to greater heights.
â€œI wish to inform you all that from this moment the account of the Lagos StateÂ chapter of the Association of Master Bakers and Caterers of Nigeria has been frozen.Â All the former task force members have also been dissolved with immediate effect,â€Â he declared.