Bakers protest over the increased cost of production

The Association of Master Bakers and Caterers of Nigeria in Lagos State has expressed frustration over the persistent rise in flour prices across the country.

The association voiced its concerns during a protest held in the state on Wednesday.

In comments to the press, Chief Ayoola Mathew, the association’s chairman, noted that despite the recent approval of a duty-free importation waiver for wheat, maize, and other commodities, flour prices continue to climb.

Ayoola criticized Nigerian millers for failing to apply the waiver, resulting in soaring flour prices and complicating bakery operations.

He said, “In July, the Federal Government approved a 150-day duty-free window for importing wheat, maize, and husked brown rice, effective from August 1, 2024. This measure aimed to reduce food inflation and make essential items more affordable for Nigerians. While we commend this initiative, it is regrettable that Nigerian millers have yet to reflect these savings in their pricing.”

The association found that some millers ignored the waiver and instead raised flour prices daily. This, they argued, not only undermines the government’s efforts but also harms their industry.

Ayoola also lamented that continual increase in flour prices has made it difficult for bakeries to operate, leading to closures and layoffs. The high cost of flour, which has risen from N8,000 per bag a decade ago to N67,000 now, is making bread production unsustainable. This situation exacerbates the scarcity of basic necessities and affects many lives.”

The association appealed to the Ministry of Industry, Trade, and Investment for immediate intervention to address the escalating flour prices. They also called for an investigation into the practices of Nigerian millers and sugar producers, urging the government to enforce price reductions and improve the distribution and accessibility of baking ingredients.

The association proposed a flour price range of N30,000 to N35,000 per bag and emphasized the need for effective monitoring and sanctions for non-compliance. They warned that continued high production costs would worsen hunger and unemployment, stressing the need for urgent government action to ensure that the importation waivers achieve their intended purpose.