By Busari Kabirat
The Chairman of the Master Bakers and Caterers association of Nigeria, Mr. Ishaq Abdulraheem, has made known the increase in prices of baking ingredients such as flour, sugar, preservatives and others, says: a bag of flour used to be sold for less than N9,000 but now sold for N45,000, also a 50kg bag of sugar is now being sold for N80, 000.
Mr. Ishaq said, ‘’The need for us to down tools by the 27th of this month is simply because of inflation, things are getting out of control. The prices of our commodities are getting higher and higher everyday. Infact, if you go to the market today, tomorrow when you go to the market, it is a different story. Today, a bag of flour that we were buying less than N9, 000 is getting to N45, 000, a 50kg bag of sugar that was for N19, 500 is now being sold at N80, 000. Margarine used to be N12, 000 or N13, 000, today it is N25, 000.
The preservative we use was formerly sold for N30, 000, today it is N55000 to N60000 depending on the brand. So we downing tools is becoming necessary because the millers are not helping us, government is not helping us, we are stranded”
The government should help us look into the problem facing the general market as this is getting out of control.
