In an interview with Daily Trust, the president of the Premium Breadmakers Association of Nigeria (PBAN), Engineer Emmanuel Onuorah, discusses the current situation of the breadmaking industry and the reasons behind its decline at the recent PBAN Day-Out, an annual event for bakers and bakery owners. What inspired this year’s event’s subject, “The Business of Baking: Pathways to Profit, Productivity and Growth”? You need the money to do anything. Okay, the financial situation is oppressive; interest rates are outrageous. You know, they are far, far beyond our reach. A single-digit loan cannot be obtained at a bank. They are all not conducive to baking bread.
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