BAD NEWS: Price Of Bread Is Going Up Again
One of the few choices left for the common man to feed is about to get even less affordable and it is so bad we cannot even question the rationale.
In case you do not know, there is an organization called ‘The Premium Bread Makers Association of Nigeria' and they determine what happens to the production, sales and distribution of bread across Nigeria.
The group warned at a briefing on Monday in Lagos that the high cost of baking ingredients may push bread prices up.
“The challenges we face as a result of the incessant increase in the prices of baking ingredients have rendered most premium bakeries comatose making us to operate at a loss,” the President of the association, Mr Jemide Tosan, stated.
Just imagine the 500 naira that currently provides a meal for your entire family becoming 1000. That is not good news, is it?
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