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August 15, 2024 Bakers Lament Incessant Rise in Flour Prices

The Association of Master Bakers and Caterers of Nigeria in Lagos State has lamented the incessant increase in flour prices in the country.

The association made this known during a protest held in the state on Wednesday.

Addressing newsmen during the protest, the association’s chairman, Chief AYOOLA MATHEW, said despite the recent approval of a duty-free importation waiver on wheat, maize, and other commodities, flour prices kept rising.

AYOOLA also expressed concern over Nigerian millers’ failure to implement the waiver which has led to a surge in flour prices and making it difficult for bakeries to operate smoothly.

He added that the association’s findings revealed that some millers chose to ignore the waiver and instead continued to inflate the price of flour daily.

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