
Bakers in Lagos State have called on the Federal Government to intervene in the prices of baking materials , saying the current situation may lead to an increase in the prices of bread .
In a statement jointly issued by the chairmen of the Association of Master Bakers and Caterers of Nigeria , Kosofe and Surulere , Lagos , Taiwo Akintola and Ibitoye Oladapo , respectively , the group expressed sadness over the rates of baking materials due to the COVID- 19 pandemic .
According to them, the cost of the materials is killing the bakery business , as many bakeries are no longer to make profits.
“ A bag of flour that cost N9 , 000 before COVID- 19 , now goes for N13 , 000 , while a bag of sugar now costs N24 , 000 as against the former price of N13 , 000 .
“ Butter is now N12 , 000 against the former price of N 7 , 500 , while milk , which was hitherto N29 , 000 , now goes for N52 , 000 . And there is an increase in the bread packaging cost, which is now N12 , 000 , against the former price of N10 , 000 , ” the bakers said .
They added that the prices of salt , yeast and other baking materials had hit the rooftop .
The association explained that 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 .
They said appeals to the millers and others for reduction in prices had not yielded any favourable response .
“ And that is why we are pleading with the 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 employers of labour in the country and most of the bakeries are folding up ; many Nigerians working in the sector are already losing their jobs, ” the group added .
The association maintained that if the situation continued, the prices of bread might be increased by 60 per cent.
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