Bread Companies Threatened As Flour Price Rises

Premium Bread Makers Association of Nigeria, PBAN, has disagreed with the claim by flour millers that the price of flour has not been increased in the last year. LEGIT NEWS reports.Information Guide Nigeria

This follows the announcement by the Association of Master Bakers and Caterers of Nigeria, AMBCH on the planned increase in the price of bread.

Emmanuel Onuorah, President of PBAN, told Punch that flour millers had implemented another increase in the price of flour following the devaluation of the naira.

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He said the increase in cost adds to the macroeconomic challenges already felt by bakers.

In his reaction, Modupe Thani, the Corporate Communications Manager at Flour Mills of Nigeria, said the claim is not true and that the price of flour has not gone up in recent times.NYSC Portal

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