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Lagos Bakers Say Prices Of Bread May Increase By 60%

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Lagos State Bakers have called on the Federal Government to urgently intervene in the prices of baking materials, which may lead to an increase in the prices of bread by 60 percent anytime soon.

The bakers complained that the increase in the prices of baking materials was because of the Covid-19 pandemic currently ravaging the world.

In a statement jointly issued by the Lagos Chairmen, Association of Master Bakers and Caterers of Nigeria, Kosofe and Surulere local chapters, Comrade Taiwo Akintola and Comrade Ibitoye Oladapo, the body expressed sadness over the current situation the bakers are battling with.

According to the association, the high cost of baking materials is killing the bakery businesses, as many bakeries are finding it difficult to make profits due to the high cost of the materials.

“A bag of flour that costs N9,000 before COVID-19, now goes for N13,000, while a bag of sugar now costs N24, 000 as against the former price of N13,000.”

“Butter is now #12,000 against #7,500, while Milk which was hitherto #29,000, now goes for #52,000. And there is an increase in the Bread Packaging cost which is now #12,000 against the former price of #10,000″, the Bakers said

They added that the prices of salt, yeast, and other baking materials had also hit the rooftop.

The association also explained that the instability of foreign exchange, high cost of diesel and other baking materials were reasons given by flour millers for the hike in the prices of baking materials, stressing that the association has appealed to flour millers and other people involved in the selling of baking materials to reduce their prices but is yet to yield favorable response.

“And that is why we are pleading with Federal Government to intervene in this matter by talking to flour millers and baking material sellers to bring the prices down.

“Master bakers association is one of the largest employers of labour in the country and most of the bakeries are folding up, many Nigerians working in the bakery sector are already losing their jobs”, they added

While appealing to both Federal and State government to quickly come in and address the situation for the benefit of all, the association maintained that “If we are suppose to follow the trend of increase in the prices of raw materials for our production, the Prices of Bread may increase by 60%”.

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My Wife Invited Her Friends To Our Home To Beat Me During Our Crisis — Oritsefemi

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Famous Nigerian singer, Oritsefemi has alleged that his wife, Nabila Fash, invited her friends to their home to beat him up during their marital crisis.

He said the ladies, numbering about 20, overpowered and physically assaulted him.

The ‘Double Wahala’ hitmaker disclosed this in a candid chat with media personality, Chude Jideonwo.

Oritsefemi stated that he has been unlucky with marriages, claiming that his first wife also dumped him after sponsoring her to Dubai.

“My wife [Nabila Fash] asked her friends to come and beat me up in my house. I said, ‘Look at me o; a whole me, lion na he women dey pursue.’ They were about 20. They dealt with me. I’m not lying,” he said.

Oritsefemi’s marriage to Nabila Fash hit the rocks in 2022, with Fash accusing the singer of incessant cheating.

In October 2022, Fash officially filed for divorce from Oritsefemi over infidelity and domestic violence.

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Chain Reactions In 7 Star Performance At 2024 SABRE Awards

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It was a seven-star performance for Chain Reactions Africa (CRA), one of Africa’s leading Public Relations and Integrated Communications Consultancy as it took home seven African SABRE trophies, more than any other public relations firm in Africa in the 2024 competition.

The awards which were held at the end of the annual African Public Relations Association (APRA) Conference, were presented by Provoke Media, organizers of the awards in Basam, Abidjan, Cote D’Ivore on May 16th 2024.

The work covered campaigns for the Lagos Metropolitan Area Transport Authority (LAMATA), and its Lagos Blue Rail, 9mobile’s The Hack – Expand Your Hustle’, ‘Taming the Bull’ for the Presidency, ‘Next Era of Happiness’ for leading biscuit company, Pladis Foods Nigeria Limited.

Receiving the awards on behalf of Chain Reactions and its clients, was its Managing Director/Chief Strategist, Israel Opayemi, who noted that this is a seven-star performance by Chain Reactions Africa at the 2024 SABRE Awards.

In his comments Opayemi said “to emerge as the highest winner at the 2024 edition of the award with seven SABRE Awards is humbling as well as exciting for us at Chain Reactions Africa. We are immensely proud to be honoured on such a global platform like the SABRE awards which is the holy grail of Public Relations globally as the awards programme is dedicated to benchmarking the best PR works across the globe.”

He continued, “I am making a three-fold dedication of these multiple trophies to our clients who believe in us, my team members who do the brave works relentlessly and our dear country Nigeria. Ten years ago, we were at the SABRE Awards in Miami, Florida in the United States watching and applauding as winners took turn on stage. Ten years ago, we were asking for a seat at the table. Today, we are sitting in creative resplendence at the head of the table. Today, we are flying the Nigerian flag on the global stage. We are now a territory of reckon and relevance in the global PR space.”

It seems winning awards is just a Chain Reactions thing, chuckled Arun Sudhaman CEO and Editor-in-Chief of Provoke Media, organizers of the SABRE Awards as Opayemi rose up seven times to receive the awards. The PR consultancy also picked up four Certificates of Excellence in recognition of its work launching the Nigerian Youth Trend Report 2024 known as ‘ARAMANDA’, ‘Next Era of Happiness’, ‘Lagos Blue Rail’, ‘The Hack – Expand Your Hustle’, and ‘Taming the Bull’.

In his reaction, President and Chairman of Council of the Nigerian Institute of Public Relations (NIPR) described the awards by Chain Reactions Africa as “a harvest of honours for Nigeria”. He thanked the Chain Reactions Africa team for their outstanding works saying, “thank you for making us proud.”

Chain Reactions Africa has over the years won several prestigious SABRE awards and has been awarded more than 15 Certificates of Excellence. At last year’s award, the company won CEO of the Year category for the Lagos State Governor, Babajide Sanwo-Olu for use of public relations to tell the story of his administration’s achievements and scooped two Certificates of Excellence in the Corporate Image category for the ‘Momentum Campaign’ for Cellulant, a flagship payment solution provider; and ‘Marketing to Consumers’ category for ‘The #NaijaHighlandah Campaign’ for William Lawson’s, Scotch Whiskey brand.

The 2024 Africa SABRE Awards shortlist included more than 120 campaigns, selected from over 500 entries in this year’s competition, which recognizes Superior Achievement in Branding, Reputation and Engagement. The campaigns were evaluated by a jury of industry leaders.

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BREAKING: Court Denies Binance Executive Tigran Gambaryan Bail

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Tigran Gambaryan, Binance executive, had his bail plea dismissed by a Federal High Court in Abuja on Friday.

In his verdict, Justice Emeka Nwite stated that the bail application is denied because, after carefully reviewing the application, he concluded that, should bail be granted, the defendant will violate it.

The Economic and Financial Crimes Commission filed charges against Gambaryan, his business Binance Holdings Limited, and another high-ranking executive who is presently fugitive, Nadeem Anjarwalla, for money laundering and supporting terrorism.

 

More to come…

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