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Commercial bread makers in Nigeria have announced an imminent increase in the price of the staple food. According to the bakers, the increase is the fall out of the cost of production which in turn follows the withdrawal of fuel subsidy and the liberalisation of the foreign exchange (forex) market by the federal government. President […]
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The Presidential candidate of the Labour Party (LP), Peter Obi, has opened up on the persistent collapse of the national power grid and the announcement by bakers, that they would commence an industrial action by Thursday. Obi said that both incidences expose the failure of the Muhammadu Buhari-led federal government. The national power grid collapsed […]
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Bakers under the aegis of Premium Breadmakers Association of Nigeria, on Thursday announced that it is suspending the production of bread due to the increase in the prices of baking materials. Emmanuel Onuoha, President of the association, in a statement, lamented that the prices of baking materials and diesel have affected production. He added that […]
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