The Association of Master Bakers and Caterers of Nigeria has condemned the increase in the price of locally-produced and imported wheat flour in the country.
Mr Joseph Ubah, National Publicity Secretary of the association, revealed in Abuja on Thursday that high cost of wheat flour had forced over 50 percent of the country’s bakers out of business.
He said that price of a 50kg bag of wheat flour, which formerly sold at between N5,700 and N6,700 in 2016, was now between N11, 000 and N11, 200, depending on its brand.
He said that the high cost of wheat flour had consequently affected bread prices, adding that a loaf of bread, which sold for N200 in 2016, now cost N300.
Ubah said that the development had induced the dismissal of more than one million youths, who were hitherto employed by the affected bakeries.
He urged the government to boost local wheat production…
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