Kwara residents lament increase in prices of bread

Date: 2023-08-22

Residents of Kwara state have been lamenting the sudden increase in prices of bread.

The people also called on the government to urgently introduce a price control system to arrest high prices of goods and services in the country.

A cross-section of respondents, who spoke with the Tribune Online on the sudden price hike of bread talked about causes and way out.

The people, who described bread as one of the staple foods in the country, said it is relatively within the range of the common man.

It was gathered that prices of bread within the ranges of N200, N300 and N800 had increased by at least 100 per cent.

One of the major bakers in the Ilorin metropolis, Chief Abddulfatai Alaba, linked the increase in prices of bread to the high cost of fuel and other important ingredients

He said that a bag of flour is now sold for N41,000 as against the previous N35,000, while a bag of sugar increased from N38,000 to N50,000 in the last eight weeks.

“All the ingredients we use in baking bread are now times three higher than their previous prices. We do business to make a profit, mind you. We can't sell below production cost to our customers”, he said.

According to Ismail Olayiwola, another baker in the state capital, “It's because of the flour and everything. The cost of almost everything has increased in the country. So, we too, decide to put more money on the prices.

“Before, we had Lafiagi and Bacita sugar companies, among others in different parts of Nigeria. None of these sugar companies, scattered all over the country, are producing now. Why? It's better, if we want to have sufficient sugar in this country for consumption, we need to be producing all these ingredients by ourselves so that we'll have enough to consume.”

They also suggested price regulation and help from the government as measures to stabilise the prices of bread as well as other goods and services in the country.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Owo Arugbo     Aliyu Alhassan     Oladipo Akanmu Tolani     National Association Of Nigerian Students     Wale Oladepo     Labaeka     Kwara Pdp     General Tunde Idiagbon International Airport Ilorin     08001000100     Yoonus Kola Olatinwo     Hakeem Lawal     Photo News     Kwara State Geographic Information Service     BECE     Taofik Abdulkareem Babaita     Saka Aleshinloye     Damilola Yusuf     Isin     Aremu Bose Deborah     Funke Adedoyin     Kwara Poly     Abdulraheem Olesin     Titus Suberu-Ajibola     Medview Airlines     Galadima     Adebayo Mohammed Kamaldeen     Ademola Kiyesola     Monthly Sanitation Exercise     Dagbalodo     Mustapha Akanbi     Just Law Forum     Bello Taoheed Abubakar     Kayode Yusuf     Aminu Ado Bayero     Yomi Adeboye     Isiaq Khadeejah     Ibrahim Orire     AbdulHakeem Ajibola Akanbi     Abdulhakeem Amao     African Democratic Congress     PharmAccess Foundation     Yusuf Abdulraheem     Abdulraheem Yusuf     Abdulfatai Salman Baakini     JAAC     Awwal Jawondo     Adeleke Ogungbe     United Nigeria Congress Party     Bisi Kristien     Yahaya Dumoye     Asa LGEA School     IsDB     Ubandoma     Umaru Saro     National Information Technology Development Agency     Aminat Omodara     Halimat Yusuf     Atiku Abubakar     Amusa Bello     Sayomi     Abdulrauf Aliyu     Rashidi Yekini     Bolakale Saka     Kwabes     Afeyin-Olukuta     Kayode Zubair     Muhammad Akande Olarewaju Odunade     MAI Akande     Adesoye     Haruna Tambiri Mohammed     Yahaya A Paniyaro     Durosinlohun Kawu     Matthew Okedare     Bursary     Basit Olatunji     Sherif Shagaya     Saeedat Aliyu    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Adama Isa     Ike Ekweremadu     Toyosi Thomas     Oro Grammar School     Hamidat Sulyman-Yusuf     College Of Arabic And Islamic Legal Studies     NNPP     Omoniyi     Mansur Alfanla     Eleyele     Kolade Solagberu     New Model Police Station     Moronfoye     Saheed Alakoso     Tosho Yaqub     Kayode Yusuf     Olabode Towoju     Bamikole Omishore     Sabi     Mufutau Gbadamosi Esuwoye     Marufat Oladosu     Yusuf Abdulraheem     Baaziki Sulaiman     Laolu Saraki     Dan Masanin     Nnazua     Haashim Initiative For Community Advancement     Hamidu Olowo     Ilorin South     Hassan Oyeleke     Sa\'adu Salahu     Mohammed Lawal     Shoprite     Presidential Election     Sabitiyu Grillo     Kwara TV     Saba Jibril     Mahmud Ayinla Giwa     Kolawole Akande     Solomon Edojah     Sheu Ndanusa Usman     Sarafadeen Kayode Akorede     Eghe Igbinehi     Kwara State Council Of Chiefs     Yusuf Lawal     Nigerian Medical Association     MMWG     Tunji Arosanyin     Muslim Cementary     Shettima     Olokoba Abdullahi Ayinla     Oladimeji Thompson     Soffiyyallah Kamaldeen     Alfa Modibo Belgore     Idi-Ape     IFK     Jare Olatundun     Bola Magaji     Jamila Bio Ibrahim     Gbenga Adebayo     Jumoke F. Ajao     Yusuf Abdulwahab     A.O. Belgore     Joseph Daudu     Adeleke Ogungbe     Musa Abdullahi     Dar-Al-Handasah Consultants Ltd     Yusuf Abubakar     Ishaq Oloyede     Kwara State Television     Omar Gambari     Kwara 2023     Binta Abubakar-Mora     SSA Youth     Oba Abdulraheem     Adolescent Girls Initiative For Learning And Empowerment     Saeedat Aliyu