Business
How 150 Bakeries Shut Down Over Economic Challenges
,,,,,The Zamfara State chapter of the Nigeria Association of Master Bakers and Caterers has revealed that over 150 bakeries across the State have closed down due to economic challenges.
,,,,,This was disclosed to newsmen in Gusau, the State capital, by the Secretary of the association, Alhaji Habibu Abdullahi.
He further stated that the bakeries were forced to close down due to the escalating prices of baking materials and ingredients.
He appealed to the Federal Government to intervene and save the situation by reducing the inflation rate of essential commodities in the country, saying that the high cost of baking materials has brought about low patronage.
,,,,According to him, due to the recent increase in the prices of essential commodities, including flour, sugar, butter, and other necessary bread-making ingredients, bread prices increased in the State and the country at large.
He stated that the price of flour increased to N43,000 while sugar rose to N62,500, urging the Federal Government to intervene.
,,,,Abdullahi thanked customers for their cooperation and understanding and asked them to bear with the difficult situation.
-
Osun News6 days agoArrested OSTMS Chairman, Alowonle On Life Support, As Govt Seeks Prosecution Head of Anti-Kidnapping Squad
-
Education2 days agoNigerian Varsity Students Elect First Female SUG President (Photo)
-
Osun News6 days agoPolice Arrest Gov Adeleke’s aide, Alowonle
-
Foreign6 days agoCanadian Govt Takes Fresh Action On Study Permits, Permanent Residency For Foreign Students
-
Osun News3 days ago“Call Olufon of Ifon-Osun to order before he causes another round of bloody clash” – Olobu-in-Council tells Gov Adeleke
-
Politics7 days agoServing Senator Suspended From Party Over Alleged Anti-party
-
Osun News5 days agoAlowonle Vs Nigerian Police: My Hands Are Clean ~ Oludo Prince
-
News6 days agoAdeboye Is Building Business Centers Not Religious Institutions – Femi Falana