Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,181,631 members, 7,914,700 topics. Date: Thursday, 08 August 2024 at 10:29 AM

Bakers And Caterers Of Nigeria Call For Over Help Over Hike In Flour By BUA - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Bakers And Caterers Of Nigeria Call For Over Help Over Hike In Flour By BUA (137 Views)

Bread Producers Serve Notice Of Imminent Hike In Prices / Save Us; Flour Companies Are Killing Our Businesses, Bakers Beg FG / Dangote, Flour Mills Petition FG, Oppose New Sugar Refinery by BUA (2) (3) (4)

(1) (Reply)

Bakers And Caterers Of Nigeria Call For Over Help Over Hike In Flour By BUA by postbox: 7:16pm On Jun 29, 2021
The Association of Master Bakers and Caterers of Nigeria (AMBCN) have called on Federal Government led by President Muhammadu Buhari to intervene in the hike in flour by BUA Group and others.
AMBCN on Monday stressed that the hike in flour is drastically killing their businesses and may render many jobless if action is not taken immediately.

Kabiru Hassan Abdullahi, the national publicity secretary of the association who also doubles as its state secretary, Kano State branch, said that the price of flour was N9,500 not long ago but now it has reached N16,200.

Abdullahi said, “The federal government should please come to our aid. The hike is killing our businesses and it’s sad they have refused to do anything about it.

“The increment is over 50 per cent and it’s even more saddening because even with the dollar exchange rate of N1 to over N500, we still bought flour at same N9,500; but why is it now that the rate has dropped that they increasing the price? This is pure wickedness.

“What Abdulsamad Rabiu of BUA Group, IRS, super and golden confectionery are doing is unhealthy for us and the Nigerian economy. In fact, they are planning to increase it again by N7, 000. Can you can imagine?

“One thing they should know is that if we are scrapped out of the market, the rate of unemployment in the country will double up because many in their thousands will lose their jobs.

“We are still meeting and as things stand, we may have no choice than to embark on an indefinite strike

Brand Spur Nigeria recalls that bread makers and the Gurasa Bakers Association of Kano state had threatened to embark on indefinite strike if the flour companies (BUA Group – IRS, Super Mill and Golden Confectionery) fail to reverse the price of flour.

Fatima Auwalu, the chairperson of the Gurasa Bakers Association had said nothing has changed since they called off the warning strike, rather, it is going up day by day, prompting them to embark on indefinite industrial action until authorities and stakeholders do the needful.

She further lamented that apart from the increase in the price of flour, the quality of the product has been reduced, saying “this has negatively impacted our business.”


SOURCE:https://brandspurng.com/2021/06/29/bakers-and-caterers-of-nigeria-call-for-over-help-over-hike-in-flour-by-bua-others/

(1) (Reply)

Bitcoin For Sell @ Rate Of #440 Per $1 Dollar Amount Available $120 Perfect Mo / Have You Heard About Richaid, How To Invest In Richaid Multilevel Marketing / Google Admob

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.