Tag: Bakeries

Hardship: ‘Over 60,000 bakeries shut down in 4yrs’

Aminu Imam
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The president of the Premium Breadmakers Association of Nigeria (PBAN), Engr. Onuorah Emmanuel, has raised the alarm over the worsening economic conditions crippling the baking industry. He revealed that more than half of bakeries belonging to his members alone have shut down in recent years due to skyrocketing production costs, high interest rates, and insecurity. Speaking during the PBAN’s ‘Day Out 2025’, which was held in Lagos with the theme: “The Business of Baking: Pathways to Profit, Productivity and Growth”, Emmanuel painted a bleak picture of the sector, lamenting that…

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High Production Cost: Over 40 bakeries shut down in Abuja, bakers lament

Aminu Imam

No fewer than forty bakeries have shut down in Abuja, over the high cost of production and multiple taxations. Some of the bakeries that have closed shop are Abumme Bakery Ltd., in Lugbe, Airport Road; Hamdala Bakery, Kuje; Harmony Bite Bakery, Karu; Doweey Delight Bakery Ltd, in Kubwa. Others include Merit Baker, Mpape; Funez Baker, Orozo, and Slyz Bakery, in Wuse Zone-2, among others. The Chairman, Abuja Master Bakers, FCT, Ishaq AbdulRaheem, said bakeries in Abuja could no longer cope with the high cost of production, adding that most members…

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