Atiku Abubakar Laments Closure of Bakery Businesses, Blames High Production Cost

According to a report by Tribune Online, former Vice President Atiku Abubakar has expressed concern over economic conditions that have led to the closure of several bakery businesses in Nigeria. The Premium Breadmakers Association of Nigeria (PBAN) had earlier raised the alarm about the high cost of production, which they claim is driving businesses out of operation. Abubakar, who is also a prominent entrepreneur, acknowledged the challenges faced by the sector and called for urgent interventions to address the issue. The high cost of production has been a major concern for several sectors in Nigeria, with many businesses struggling to remain afloat. The closure of bakeries not only affects the economy but also the livelihoods of many Nigerians who depend on these businesses for employment. It is unclear what specific measures Abubakar is proposing to address the issue, but his intervention could help bring attention to the plight of the bakery sector and spur action from relevant authorities.