Nigeria’s Bakers groan over high production cost of bread

As prices of food items continue to go through the roof, bread, a key staple in the Nigerian diet, has become a luxury for most households.

BusinessDay survey across markets in Benin city shows that the price of a small loaf of bread now sells for N150, while the medium size sells for N400 while the big size goes for N800 as against N120, N300 and N500 sold last year respectively.

Speaking with BusinessDay on Tuesday in Benin City, Benjamin Agbonze, Edo State Chairman, Association of Master Bakers and Caterers of Nigeria, pointed out that the rising prices is connected to the increase in raw materials for processing bread which he said are mainly imported.