The price of diesel which has increased to over ₦600 per liter has forced to Members of the National Association of Master Bakers, Caterers of Nigeria, Imo state chapter on Monday to consider shutting down their operations in the sate.
This was disclosed by the State Chairman of the Association, Osmond Nkeoma, disclosed this to newsmen in Owerri. He also added that the reason for the indefinite shut down is that the cost of materials in the market and production have continued to skyrocket.
In his briefing, Nkeoma said:
“The cost of diesel,vegetable oil and sugar has gone beyond the reach of the bakers. We are particularly worried about the cost of diesel, vegetable oil and sugar, there is nothing we can do without these products.
“Price of Diesel has increased, now sold for ₦600 and above a litre, sugar has been left to only Dangote to produce, we don’t see other companies like Bua, now a bag of sugar we used to buy for ₦20,500 now sells for ₦25,000, vegetable oil we buy ₦26,000 now sells for ₦35,000.”
He also pleaded with the state governments at all levels to look into the challenges facing bakers in the country.