Abuja Baker’s Union agree on 20% hike in Bread Price
The Abuja bakers’ union has directed its members to implement a 20 per cent increase in prices of bread amid an increase in the cost of ingredients.
A union official told newsmen on Friday that operators of bakeries in the federal capital territory were advised that it was better to increase prices and reduce the quantities of bread loaves to cover the increased cost of ingredients like flour, sugar and butter, rather than close shop.
The decision followed days of scarcity of bread in Abuja, and speculations that bakers had gone on strike. Many households rely on bread as their staple for mostly breakfasts and other meals.
“We did not go on strike. It was a cleaning exercise,” said Nura Musa, the public relations officer of the Association of Master Bakers and Caterers of Nigeria, FCT Chapter.
“We advised members to go on 20 per cent increase so as to cover their cost of production and also provide gain for the business,” Mr Nura said.
“You don’t need to go on strike; produce small and increase the price,” he added.
In Abuja, a loaf of bread that previously sold for N350 now sells for N400, while a N100 loaf now sells for N120.
Mr Nura said a N9000 worth of flour now sells for N14, 000; N11, 000 worth of sugar sells for N18, 000 while N6, 000 worth of butter sells for N10, 000.
A staff of IMC bakery in Kubwa, Abuja, who did not want his name mentioned, gave similar figures of the ingredients.