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.

Garuba Alikinla Shittu     Kwara State Infrastructure Development Fund     Mahmud Durosinlohun Atiku     Kwara 2015     Gbenga Olawepo     Seni Saraki     3MTT     Nigeria Governors\' Forum     Yahaya Jibril Usman     Abdulmutalib Shittu     JSSCE     Niyi Ogundiran     Femtech     Akanji     National Association Of Nigerian Students     Ilesha-Baruba-Gwanara     Shururat Olatinwo     Mahfouz Adedimeji     Muslim Cementary     Bayo Mohammed Onimode     Kwara Basketball Association     CACOVID     Olubukola Kifayat Adedeji     Zubair Folorunsho Erubu     Baba Issa Awoye     Odolaye Aremu     Matthew Babaoye     Saliu Tunde Bello     Adedipe     Olabode George Towoju     Adesoye College     Kwara Primary Health Care Development Agency     Justina Oha     Sadiq Umar     Sobi Specialist Hospital     Oluronke Adeyemi     TIC     Principal Private Secretary     Saadu Alanamu     Omoniyi     Mustapha Akanbi     N-Power     Pilgrims Board     Toyin Abdullahi     Oba Mogaji Abdulkadir     Kwara University Of Education     Saka Onimago     Isiaka Alikinla     Read With Me     Mazars Consulting     Basit Olatunji     Abdulraufu Mustapha     Chief Imam Of Lafiagi     Dele Belgore     Esuwoye     Yusuf Arowosaye     Kayode Oyin-Zubair     Bello Oyebanji     Aliyu Kora Sabi     Kwara Hotel     RTEAN     Abubakar Olusola Saraki     Alao Ayotunde     Ayekale     Olanrewju Okanlawon Musa     John Olajide Adedipe     Ahman Pategi     Sulyman Tejidini     High Court     Medview Airlines     Christopher Odetunde     Awwal Jawondo     Standard Organization Of Nigeria     School Of Nursing     Kazeem Oladepo     Isiaka Oniwa     Zulu Gambari    

Cloud Tag: What's trending

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

Kwara Politics     Sobi FM     Akanji     Kwara Poly     Bola Sagaya     Yusuf Abdulwahab     Ramadan     IEDPU     Yusuf Abdulkadir     Kisira     SSA Youth     Kaosarah Adeyi     Olatunji Bamgbola     Yunus Oniboki     HYPPADEC     Ibrahim Abikan     Olatinwo     Baba Issa Awoye     Ayobami Akanbi     Dagbalodo     Olugbense     Mary Kemi Adeosun     Tayo Alao     Niyi Ogundiran     Emir Of Yashikira     Minister     Muhammad Ghali Alaaya     Kwara State Polytechnic     Kwara     Abdul Jimoh Mohammed     Government High School (GHS), Adeta     Samari     IsDB     Adamu Atta     Khadijat Ayoola Yusuf     BECE     Shuaib Olarongbe     Nurudeen Mohammed     Ganmo     Ilorin Central Mosque     Ahmad Olayiwola Kamaldeen     Okin High School     Alumni Association Of The Federal Polytechnic Offa     Quarry Royal Valley     Kayode Oyin Zubair     Eghe Igbinehi     ITEM 7     Sheikh Ridhwanullah El-ilory     Erubu     Veterinary Teaching Hospital     Saidu Yaro Musa     Femtech     Coronavirus     Amina El-Imam     Abdulrasheed Lafia     Kwara State Council Of Chiefs     Raimi Iyanda     Owode Market     Kehinde Boyede     Olaoye B. Felix     Ilorin Descendants Progressive Union     Abdulrahman Abdulrazak     Joseph Yemi Ajayi     Muazam Nayaya     Kwara South     Abdulquowiyu Olododo     Ibrahim Kayode Adeyemi     Mamman Saba Jibril     Dairo Kunle Paul     Sunset Workers     Damilola Yusuf     Bamikole Omishore     SWAN     Magaji Erubu     Issa Oloruntogun     Isaac Gbenle     Hamid Bobboyi