Bread, an important component of the Nigerian morning breakfast table, may soon cost more, according to bakers across the nation.
Bread prices will be increased by 15 per cent nationwide beginning from July 24, according to plans released by the Association of Master Bakers and Caterers of Nigeria (AMBCON).
Since last year, the prices of bread and other related confectionaries have been on an upward trajectory, going beyond the reach of many households.
The bakers emphasised that the recent spike in petrol prices and the depreciation of the naira are to blame for the rise in the cost of ingredients used in producing bread.
Read the complete story here: https://dailytrust.com/bakers-plan-to-hike-bread-price-by-15/
