Business/Economy

Anambra master bakers decry cost of operation, seek liberalised importation of materials

Supreme Desk
14 Feb 2024 7:52 AM GMT
Anambra master bakers decry cost of operation, seek liberalised importation of materials
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Okafor said the decision followed a review of the cost of operations, including the high prices of baking materials such as flour, sugar, yeast, and vegetables, as well as diesel, and multiple taxes.

The Association of Master Bakers and Caterers of Nigeria (AMICN) has decried the high cost of doing business and begged the federal government to rescue the sector.

The Anambra Chapter of the association made the call during their protest at Government House, Awka, on Tuesday.

Mr. Jude Okafor, chairman of the chapter that led the protest, said Master Bakers may embark on an indefinite suspension of operations by Feb. 27 if the situation does not improve.

Okafor said the decision followed a review of the cost of operations, including the high prices of baking materials such as flour, sugar, yeast, and vegetables, as well as diesel, and multiple taxes.

As part of measures to ease the situation, AMICN called for the liberalisation of flour and sugar importation and the removal of multiple taxes at the federal, state, and local government levels.

They urged Gov. Chukwuma Soludo to prevail on the Federal Government to reduce or outrightly remove import duties on major baking materials

“We ask for concessionary foreign exchange rates for flour millers and cultivation and processing of wheat and sugarcane in Nigeria

“We also ask for the immediate implementation of financial support palliatives for bakers as promised under post-COVID-19 support programmes for for bakers who have lost over 40 per cent of their members

“The association will embark on a total withdrawal of its services on Feb. 27, which might not go well with the economy of the nation,” he said.

Mr. Ernest Ezeajughi, Chief of Staff to Soludo, who addressed them, commended their peaceful conduct.

Ezeajughi, who assured that the administration of Soludo was making the business environment in Anambra better through his people-friendly policies, promised to deliver their message to the governor.

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