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Bakers to down tools over rising cost of materials

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Adeola Ogunlade

The Association of Master Bakers in the Southwest have threatened to suspend production of bread across the length and breadth of the States due to high cost of materials.

According to the Southwest chairman of the association, Alhaji Abolusodun Salawu and the Lagos chairman, Ambassador Raji Omotunde, “the last time we increased the price of bread was in the year 2016, but today prices of baking materials has gone up astronomically.”

They revealed that, “since March

READ ALSO: Bread prices may increase by 60%, bakers warn

“We cannot continue to run our business at a loss. Each time we talked about the cost of flour, sugar, butter, e.t.c.The producers of this products always complain that they do not get foreign exchange directly from the Federal government hence they are forced to buy dollars in the black market.”

“We, therefore appeal to the government to come to our aid before we finally down tools,” they said.

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