Premium Breadmakers Association of Nigeria (PBAN) has announced the suspension of its 4-day warning strike
The union of bakers began their nationwide warning strike on Thursday, July 21, 2022, due to the increasing prices of baking materials and other things in the country.
They also urged the National Agency for Food and Drug Administration and Control (NAFDAC) to review downwards the N154,000 penalty charged to bakeries on late renewal of certificates.
PBAN President, Emmanuel Onuorah, told Punch on Tuesday that his members had resolved to increase the prices of bread in order to cushion the impact of the harsh operating environment.
He said despite the recent hike the bakers are still operating at a deficit, adding that members have been forced to adopt several survival strategies to remain in business.
According to Onuorah “We have ended the warning strike/withdrawal of services. We finished it on Monday and we have resumed business. We have begun production and selling of bread since yesterday (Monday). Master Bakers have started too. We ended it at the same time. You know it was a joint resolution from the Master Bakers and PBAN. So, we have started work.
“We did increase the price of bread. We increased our bread price by 10 per cent, master bakers increased their bread price by 20 per cent. Inasmuch as we wouldn’t have loved to implement any price increase, it is the only way we can remain in business.”