Connect with us

‘FG strangling us’ Bread makers threaten strike over high cost of doing business, list demands

pbma-freelanews

News

‘FG strangling us’ Bread makers threaten strike over high cost of doing business, list demands

The Premium Breadmakers Association of Nigeria, PBAN, has threatened to withdraw its services to the citizens in protest of the unbearable cost of doing business.

While the industry is not the only victim of this, the association, consisting of owners, managing directors and partners of premium bakeries in Nigeria, insisted that the federal government give zero care to the survival of the staple food industry.

“Operating a bakery in Nigeria has become near impossible as the incessant increase in the prices of baking materials and diesel rendered the industry comatose. Bakeries are mostly running on huge losses and this is no longer sustainable.

“Bread is a staple food and one of the cheapest ‘grab and go’ food that is available for both the poor and rich. It therefore behooves on the federal government to be mindful of this and ensure the survival and sustainability of the industry,” a joint statement signed by the president, Emmanuel Onuorah, and the Public & Industrial Relations Officer, Babalola Thomas, read.

uba-essay-competition-freelanews

In a move to force the hand of the FG and ensure the survival of the Premium breadmaking industry in Nigeria, the statement made available to Freelanews disclosed that the association would be embarking on a withdrawal of services beginning from Thursday, July 21, 2022 for four days in the first instance.

“Where no intervention from the government, we shall escalate the duration of the withdrawal.”

Their demands that could salvage the situation included cease in incessant increase in price of baking materials, withdrawal of 15% Wheat Development Levy on wheat import by the FG, downward review of NAFDAC’s N154,000 penalty charged bakeries on late renewal of certificates, access of the association’s members to grants and soft loans being given by the Central Bank of Nigeria (CBN) to Minor, Small and Medium Scale Enterprises (MSMEs) and immediate stoppage of multi-agencies regulation of the breadmaking industry.

“Our efforts to ensure the survival of the industry led to series of meetings with the Federal Ministry of Industry, Trade and Investment, Abuja (FMITI) with our sister association in the breadmaking industry in 2021. Our best attempts to ensure that suggestions we put forward for survival of the breadmaking industry has not yielded the desired result.”

For these reasons, the leadership of the association considered the withdrawal as the only way to get the federal government in order for the Muhammadu Buhari-led govt to know their plight.

If the content contained herein violates any of your rights, including those of copyright, you are requested to immediately notify us via news@freelanews.com
Bread makers,strike,protest,Premium Breadmakers Association of Nigeria,PBAN,Babalola Thomas,Emmanuel Onuorah,featured

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Click to comment

Leave a Reply

More in News

Advertise with us

BBNaija: Under the duvet

Trending

Advertisement

Exclusive

Advertisement

Recent Posts

Contact

+234 818 193 2000
Monday to Sunday: 8am - 11pm
To Top