Price hike imminent, as bakers set to begin strike today

The Association of Master Bakers and Caterers of Nigeria (AMBCON), has announced that it is poised to begin a nationwide strike today, Tuesday.

In an issued statement announcing the strike yesterday, the National President of AMBCON, Mansur Umar, said unless the Federal Government honours the agreement made with the association in 2020, the strike would commence.

It also called for the temporary suspension of all types of taxation on the bakery industry at the federal, States, and local government levels.

“The Association of Master Bakers and Caterers of Nigeria have critically accessed the state of our business operation, consequently demand the liberalisation of flour and sugar importation, reduction or total removal of import duties on major baking materials such as flour, sugar, butter, yeast, etc., as applicable to other commodities as have recently been done by the Federal Government and provision of concessionary forex exchange to flour millers and other stakeholders as well as reduction of tariff on imported wheat and sugar”, it said.

The association also called for the setting up of a price control and monitoring committee as allowed by the constitution as amended and other conditions that will enhance the ease of doing business in the country.

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