Business & Finance

Bread Scarcity Strikes Kaduna, Katsina, and Kano: An Economic Crisis Unfolds

Affordable Data Plans for MTN, Airtel, Glo, and 9mobile at allmedia24data.com

Residents of Kaduna, Katsina, and Kano are facing a severe shortage of bread, one of Nigeria’s most popular staple foods. This unexpected scarcity, comparable to the limited availability of petrol and precious metals, has caused prices to skyrocket and left many in distress.

Bread Becomes a Luxury Item
A survey conducted by the News Agency of Nigeria (NAN) revealed that bread, which once adorned the tables of most households, is now a rare commodity. The dramatic rise in bread prices, with some increasing by 20 to 40 percent, has forced residents to seek alternative, though not always cheaper, food options such as noodles, millet porridge, bean cake, and bread with beans.

Buy Cheapest Data Price
Our Data Prices On JMData:
- MTN SME 1: N255 per 1GB
- MTN SME 2: N259 per 1GB
- Airtel CG: N278 per 1GB
- Glo CG: N230 per 1GB
- 9mobile: N125 per 1GB
Download Our Mobile APP to get started: [JMData] https://play.google.com/store/apps/details?id=com.encrypted.jmdata




MONORIX MINING SET TO LAUNCH AND LIST THEIR TOKEN ON BYBIT (Ending July)

JOIN MONORIX TELEGRAM MINING BEFORE THE LAUNCH.

Economic Strain on Bakers
Bakers across these states have had to halt production since July 1, 2024. The scarcity and high cost of essential ingredients like wheat flour, sugar, and oil have made it nearly impossible to continue baking. According to one baker in Kaduna, the price of a 50kg bag of flour surged from N53,000-N55,000 in June to an exorbitant N67,000-N70,000. This steep increase has made it unsustainable to produce bread while also breaking even.

Impact on Local Businesses
The bread shortage has adversely affected numerous small businesses that rely on bread for their operations. Haidar Basiru, a tea and bread seller in Kaduna, reported that he could only obtain 30 loaves of bread instead of his usual 100. This limited supply has significantly disrupted his business operations. Similarly, Kafayat Sadiq, a provisions seller, has been unable to stock bread in her shop due to the high flour costs impacting her supplier.

PIXELVERSE TELEGRAM MINING TO LAUNCH ON TON SOONIF YOU WANT TO GET YOUR FIRST N100,000 ON MINING
JOIN NOW BEFORE THE DEADLINE TO LAUNCH IT

CLICK THE LINK TO JOIN: https://t.me/pixelversexyzbot?start=5289508979

Consumer Hardships
Consumers are also feeling the pinch. Abdullahi Muhammad from Kaduna shared his frustration over the scarcity, which forced him to buy spaghetti instead of bread for his children’s breakfast. In Katsina, Aliyu Idris noted that the price of bread had doubled, with a loaf previously sold at N200 now costing N400. This price hike affects all bread sizes, making it increasingly difficult for tea sellers and shop owners to procure bread for their customers.

Widespread Consequences in Kano
The situation in Kano mirrors the challenges faced in Kaduna and Katsina. Bread prices have soared, with a loaf that once cost N600 now even more expensive. Residents and businesses alike are grappling with the scarcity and its implications on daily life.

Appeals for Government Intervention
The widespread outcry over the bread shortage has led to calls for urgent government intervention. Shop owners, bakers, and consumers are appealing for measures to stabilize the prices of baking ingredients and restore the availability of bread. There is hope that prompt action will alleviate the crisis and prevent further economic hardship.

Conclusion

The bread scarcity in Kaduna, Katsina, and Kano is more than just an inconvenience; it is a significant economic and social issue. As the price of bread continues to rise, the impact on local businesses and daily life grows more profound. The situation underscores the urgent need for intervention to ensure that this essential staple food remains accessible and affordable for all Nigerians.

For more details on this unfolding situation, you can read the full article here.

Google News Channel

Follow us on Google News for Latest Headlines


Join Our WhatsApp, Facebook, or Telegram Group For More News, Click This Link Below;

WhatsApp Channel

https://whatsapp.com/channel/0029VaELqhlHVvTXjDnUf80h


WhatsApp Group

https://chat.whatsapp.com/G6Lo3ss6WKLCOqBphZwQGk


Facebook Page

https://facebook.com/allmedia24news


Our Twitter Page

https://www.twitter.com/allmedia24news
Telegram Group

https://t.me/allmedia24

Threads App Official Page

https://www.threads.net/@allmedia24news


Discover more from Allmedia24 News

Subscribe to get the latest posts sent to your email.

Allmedia24 Whatsapp Group

RECEIVE NEWS FROM EMAIL

Leave a Comment

Your email address will not be published. Required fields are marked *

*