Bread: Concerns as distribution chains dictate costs despite lower flour prices
Bread is a staple food for many in Northern Nigeria, serving as a primary breakfast choice across diverse ethnic, linguistic, and cultural groups. With bakeries operating in nearly every state, the industry is vital to both regional and national economy.
According to Statista.com (a global data and business intelligence platform), Nigeria’s bread market is projected to generate $18.81 billion in revenue by 2025, with an annual growth rate of 11.04% (CAGR 2025-2030), revenue surged by 14.3% compared to 2023.
In recent years, the price of flour, bread’s key ingredient skyrocketed, reaching over NGN 80,000 per bag in markets across Kano and other northern states. This forced bakeries to raise prices to cover production costs. However, flour prices have since dropped significantly.
Despite this, bread prices remain stubbornly high, sparking concerns among Kano residents.
Investigating the issue, DAILY POST conducted a market survey at Singa Market, a major food distribution hub in Kano and Northern Nigeria
