Page 7 - Mansur Umar News Today

The bread producers said the increase in price of bakery materials has rendered the business non-profitable. | Pulse Nigeria

Nigerian manufacturers battling stunted growth blame forex scarcity The manufacturing sector has seen woeful growth in the last five years, and a key problem is businesses cant find the dollars to import raw materials. 7 min read Defying the intensity of the afternoon sun, Kazeem Ariyo walked briskly out of the premises of his bakery with palpable anger. He had just been informed that one of his retail vendors rejected hundreds of loaves of bread supply because the retail price ...

The winning school, now a second-time winner, having won the previous edition in June 2019, left with a trophy and a certificate, just as all the other contestants were given medals and branded AfriGrowth Foundation school bags and exercise books. The winner, Master Umar, thanked the foundation and his school for the opportunity given him to compete and win the contest. A teacher from the winning school, Mrs Egugwu C. Obinne, commended AfriGrowth Foundation for organising the competition, sayin...

  This is coming for the second time in one year. The first price review was done last year in the wake of the COVID-19 pandemic, which disrupted economic activities. x     Though the development has been attributed to incessant increases in prices of baking materials, which has made it difficult for the bakers to break even, there are fears that the new development will further aggravate the hardship in the country, especially for lovers of bread.   Acco...

The Association of Master Bakers and Caterers of Nigeria (AMBCN) has directed its members nationwide to increase the prices of bread, biscuits and other items by 30 per cent due to the devastating economic situation of the country. The association explained that the adjustment in price was as a result of the sudden increase in the cost of production as well as prices of sugar, butter, yeast and flour. The directive was part of the resolution reached at the end of the National Executive Council ...

The economic hardship in the country has taken a new dimension as the Association of Master Bakers and Caterers of Nigeria (AMBCN) has directed its members to increase the prices of bread, biscuits and other baked items by 30 percent due to the rising cost of production. Bread and biscuits are...The Advocate

The Association of Master Bakers and Caterers of Nigeria (AMBCN) says prices of bread and biscuits will be increase by 30 percent to cushion rising cost of operation.

The association also resolved to ask the federal government to reverse the tariff regime imposed by the National Agency for Food and Drugs Administration and Control (NAFDAC) and to streamline bakers’ regulation by NAFDAC only.

At the National Executive Council (NEC) meeting of the association held in Abuja recently, members lamented the cost of production and reached the resolution of raising prices. The national president of AMBCN, Mansur Umar, said the price adjustment was as a result of the sudden increase in the cost of production as well as prices of sugar, butter, yeast and flour. While commending the federal government for resuscitating the cassava flour programme, the association bemoaned the skyrocketing pri...

(AFRICAN EXAMINER) – The Association of Master Bakers and Caterers of Nigeria (AMBCN) has stated that prices of bread and biscuits will increase by 30 percent to curtail the impact of rising cost of production. The association announced this at the end of its national executive council (NEC) meeting in Abuja. Mansur Umar, national president […]