The Premium Bread makers Association of Nigeria (PBAN), has said increase in the price of bread was caused by volatility in exchange. Earlier, before the ascension to office of the present government, the exhange rate hovered around N465 to the dollar in the official market and N762 in the parallel market but soon rose close to N2,000 under the present …

Consumers of bread in Rivers State may have to pay more, as the prices of the staple food will increase from 7th February 2024. Chairman of the Rivers State chapter of the Master Bakers Association of Nigeria, Dr Chidi Emmanuel, confirmed the price increase while speaking to newsmen after an emergency meeting of the association in Port Harcourt. Dr Emmanuel …

A 15 per cent increase in the price of bread is to be effected in 11 days – 24th July. In a statement by its National President, Alhaji Mansur Umar; and National Secretary, Hon. Jude Okafor, the Association of Master Bakers and Caterers of Nigeria (AMBCN) said that was the outcome of its National Executive Council’s extraordinary virtual meeting. The …

Bread makers will commence a four-day warning strike on Thursday over the rising cost of baking materials. The producers, all members of the Premium Breadmakers Association of Nigeria (PBAN), said the duration of the strike action would be extended if the government fails to positively step in. In a statement by PBAN spokesman, Babalola Thomas, the association said their bakeries …