ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

Bread Producers To Close Down Today Over High Cost Of Materials, Diesel

by NationalInsight
July 21, 2022
in Featured, News
Reading Time: 2min read
0
1
SHARES
469
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

Bread makers under the umbrella of the Premium Breadmakers Association of Nigeria (PBAN) have said they will be withdrawing their services in protest of the unbearable cost of doing business in the country.

The Bakers association, which comprises owners, managing directors and partners of premium bakeries in Nigeria, in a statement signed by its president, Emmanuel Onuorah, said operating a bakery in Nigeria has become a difficult task as the continous increases in the prices of baking materials and diesel have rendered the industry comatose.

https://aouniversity.edu.ng/ https://aouniversity.edu.ng/ https://aouniversity.edu.ng/

He said bakeries are mostly running on big losses and this is no longer sustainable.

“Bread is a staple food and one of the cheapest foods that is available for both the poor and rich. It therefore behooves on the federal government to be mindful of this and ensure the survival and sustainability of the industry.

You might also like

Breaking: Rivers Assembly Begins Impeachment Proceedings Against Gov. Fubara, Deputy

Gunmen Kill Five Park Rangers in Oloka, Ogbomoso

PDP Not Intimidated by APC’s Ankara Carnival in Ogbomoso- Party Leaders

Load More

“In a move to ensure the survival of the premium bread making industry in Nigeria, we have decided to embark on a withdrawal of services beginning from July 21, 2022 for four days in the first instance and where their is no intervention from the government, we shall escalate the duration of the withdrawal,” he said.

According to him, the union wants the federal government to stop charging 15 per cent wheat development levy on wheat import; for the National Agency for Food and Drug Administration (NAFDAC) to review downwards the N154,000 penalty charged bakeries on late renewal of certificates; for government to grant members access to grants and soft loans being given by the Central Bank of Nigeria (CBN) to Minor, Small and Medium Scale Enterprises (MSMEs), and the stoppage of multi – agencies regulation of the breadmaking industry.

ALSO READ  Oyo School principals released 2017 WAEC results with good ratings

Onuorah said, “Our efforts to ensure the survival of the industry led to a series of meetings with the Federal Ministry of Industry, Trade and Investment, Abuja (FMITI) with our sister association in the breadmaking industry in 2021. Our best attempts to ensure that suggestions we put forward for the survival of the breadmaking industry have not yielded the desired result.

“Therefore, the withdrawal of service is the only way we believe we can use to get to the federal government and Nigerians and let them know our plight and how difficult it has been with the breadmaking industry in Nigeria.”

author avatar
NationalInsight
See Full Bio
Share15Tweet10Send
Previous Post

Makinde is My Son , Bayo Lawal is My Friend – Ladoja

Next Post

 Nigerian Descent, Victoria Oluboyo Becomes First Black to be Elected Italian city’s Councillor

NationalInsight

NationalInsight

Related Posts

#image_title
Featured

Breaking: Rivers Assembly Begins Impeachment Proceedings Against Gov. Fubara, Deputy

by NationalInsight
January 8, 2026
234
#image_title
Featured

Gunmen Kill Five Park Rangers in Oloka, Ogbomoso

by NationalInsight
January 7, 2026
292
Court Rejects PDP Member's Attempt to Halt NEC Meeting
Featured

PDP Not Intimidated by APC’s Ankara Carnival in Ogbomoso- Party Leaders

by NationalInsight
January 7, 2026
142
#image_title
Featured

Police Foil Attempted Attack, Rescue 76 Children, Arrest Three Suspects in Kaduna

by NationalInsight
January 7, 2026
222
#image_title
Featured

Airport Police Arrest 20-Year-Old Celebrity Scam Suspect Over Alleged N1bn Fraud

by NationalInsight
January 7, 2026
271
Next Post

 Nigerian Descent, Victoria Oluboyo Becomes First Black to be Elected Italian city’s Councillor

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

#image_title

Breaking: Rivers Assembly Begins Impeachment Proceedings Against Gov. Fubara, Deputy

January 8, 2026
234
#image_title

Gunmen Kill Five Park Rangers in Oloka, Ogbomoso

January 7, 2026
292
Court Rejects PDP Member's Attempt to Halt NEC Meeting

PDP Not Intimidated by APC’s Ankara Carnival in Ogbomoso- Party Leaders

January 7, 2026
142
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Breaking: Rivers Assembly Begins Impeachment Proceedings Against Gov. Fubara, Deputy
  • Gunmen Kill Five Park Rangers in Oloka, Ogbomoso
  • PDP Not Intimidated by APC’s Ankara Carnival in Ogbomoso- Party Leaders

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com