In response to the crippling challenges posed by rising production costs, inflation, and economic hardships, the Association of Master Bakers and Caterers of Nigeria (AMBCN) orchestrated a nationwide peaceful protest to draw attention to the imminent collapse of the baking industry.
The protest, initiated after a letter addressed to the Minister of the Federal Capital Territory (FCT), Nyesom Wike, outlined their grievances, unfolded at state government houses and the National Assembly.
The AMBCN, representing the collective voice of Nigerian bakers, announced plans for a nationwide strike starting February 27 if the government fails to meet their demands. Among their key concerns are the soaring costs of essential baking materials, multiple taxations from government agencies, and escalating business expenses within Nigeria.
The association is advocating for the liberalization of flour and sugar importation, reduction or elimination of import duties on key baking materials, and the provision of concessionary foreign exchange to flour millers. Additionally, they are calling for a temporary suspension of all forms of taxation on the bakery industry and a reduction in tariffs on imported wheat and sugar.
Furthermore, the AMBCN is urging the development of domestic wheat and sugar cane cultivation, emphasizing the need for immediate implementation of promised financial support as part of post-COVID-19 palliatives. With a substantial membership loss exceeding 40 percent, the AMBCN believes that meeting their demands is crucial not only to mitigate the adverse effects of rising living costs but also to enhance the ease of doing business in the country.
The protest marks a pivotal moment for the baking industry, prompting a nationwide call for governmental intervention to salvage a sector integral to the nation's economy.
