Tag: bread

Bakers to raise bread prices over rising costs
News

Bread prices jump 10% as bakers shelve strike

Bread makers under the aegis of Premium Breadmakers Association of Nigeria have increased bread prices by 10% after suspending its four-day warning strike which began on Thursday. Speaking in an interview with The PUNCH on Tuesday, the President of the association, Emmanuel Onuorah, said his members had to shelve their warning strike and resolved to […]

Economy

Insecurity, naira devaluation drive wheat imports to N1.3tn

Importation of durum or pasta wheat into Nigeria has continued to skyrocket, rising from N730.9 billion in 2020 to N1.295 trillion in 2021. Calculations from the National Bureau of Statistics Foreign Trade Statistics showed that wheat importation into Africa’s most populous nation rose 77.23 per cent from 2020 to 2021. Wheat is an important commodity […]

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