The National Association of Bakers has denied alleged price increase of bread Nationwide, adding such a move would not augur well for the.now due to the economic downturn in the Country. The directive was part of the resolution reached at the end of the National Executive Council (NEC) meeting of AMBCN, held in Abuja on Wednesday.
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The AMBCN explained that the adjustment of price was as a result of the sudden increase in the cost of production as well as prices of sugar, butter, yeast and flour.
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AMBCN called on the Federal Government to take immediate steps towards reducing the high price of flour, as it was killing their businesses
