Friday, 30 March 2018

Nigerian Bakers Threaten Strike

In a move that would end in an upward adjustment in the price of bread and other baked products across Nigeria; Nigerian bakers are threatening to embark on a nationwide strike to protest the high cost of major baking ingredients, like flour, sugar and fat. As a result of the last recession and new wave of import duties, prices of these commodities saw very sharp and sustained increase over the last two years. While bakers have also increased the price of bread and other baked products, unfortunately, the margin of increase on these products is yet below what the bakers need to remain profitable. Again bakers also face a big challenge with waste, in the sense that baked products like bread are highly perishable, also majority of the bakers still use non-modern equipment that short change them, in terms of product yield. While we hope it ends well, news about bread would continue to remain on the front burner in Nigeria and elsewhere. As reported on this blog sometime ago, a sharp rise in bread price in Sudan early this year led to mass protest in the North African nation. Only recently too, the bakers union in New Zealand have been mulling the option to down tools to protest poor wage.www.ladunliadinews.com/2018/03/bakers-threaten-strike-over-costs-of.html

Risk of Bread Shortage in New Zealand as Chance of Bakers' Strike Rises

The bread wind is blowing again, this time in New Zealand. Read it here: www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11985977