Rising Cost of Bread in Nigeria: Bakers Blame Inflation and Call for Government Intervention

The Bakers Association of Nigeria has highlighted the continuous increase in the price of bread, attributing it to the escalating costs of baking materials. According to the association, inflation poses a significant threat to the survival of small and medium enterprises (SMEs) in Nigeria. In response to these challenges, the association has called on the Federal Government to intervene and alleviate the economic burden on bakers. The Bakers Association has urged the government to consider measures such as reducing economic pressures and implementing business-friendly policies. Additionally, they emphasised the need for government support to counterbalance the impact of fuel subsidy removal, aiming to mitigate the hardships faced by the general population. The rising cost of basic commodities, particularly bread, is a matter of concern, and the call for government intervention reflects the broader economic challenges faced by businesses and consumers in Nigeria. " Host: Lekan Onabanjo Guest: Emmanuel Onuorah, President, Premium Bakers Association of Nigeria Follow News Central on: Facebook:   / newscentralafrica   Twitter:   / newscentraltv   Instagram:   / newscentraltv   For more content, go to: https://newscentral.africa Rising Cost of Bread in Nigeria: Bakers Blame Inflation and Call for Government Intervention| NC Now | 14-12-23 #NewsCentral #AfricaFirst #Africa #News #Politics #Economy #inflation #Business #NigeriaInflation #BreadPrices #EconomicChallenges #GovernmentIntervention