Bakers, under the aegis of the Premium Bread Makers Association of Nigeria, have warned of yet another hike in prices of bread due to the skyrocketing cost of baking materials.

President of the association, EMMANUEL ONUORAH, disclosed this to newsmen stating that the recent developments in the global marketplace had not translated into a better operating environment for local bakers.

The planned hike follows a recent strike action by PBAN, as well as the Association of Master Bakers and Caterers of Nigeria, which culminated in a 15 per cent hike in bread prices barely two weeks ago.

According to ONUORAH, many PBAN members had been forced to shut down business operations this year due to the skyrocketing cost of doing business.