The Premium Bread Makers Association of Nigeria (PBAN) is taking proactive steps to address the economic challenges currently impacting the bread-making industry. With rising costs putting pressure on production and profitability, PBAN has organized an expert team to focus on innovative solutions that could help maintain competitiveness. This initiative was revealed by consultant Eddy Ademosu, emphasizing the need for adaptive innovations suitable for navigating a fluctuating economic landscape. The overarching aim is to sustain the industry and support its stakeholders amid the current pressures.
In light of these objectives, PBAN is hosting its second annual “Day-Out” event on November 21 in Lagos, centered on the theme “Innovations in a Dynamic Bread-Making Industry: Using Local and Affordable Alternative Ingredients.” This event aims to gather key industry players who will collectively explore viable solutions to the issues confronting the sector. President Engineer Emmanuel Onuorah highlighted that the meeting is an essential avenue for identifying cost-effective methods necessary for businesses to thrive in these unpredictable economic conditions.
During the event, a distinguished group of speakers will share insights aimed at fostering innovation within the industry. Notable participants include the Federal Institute of Industrial Research’s Director-General, Dr. Jummai Tutuwa, who will deliver a keynote address. Additional contributions are expected from various representatives across the bread production value chain, such as Mr. Bolaji Anifowose from Crown Flour Mills Ltd, Mr. Ayodeji Oyinlola of Macadams Baking Systems Nig. Ltd, and Mr. Clestus Chibuko of Edcel Nig. Ltd. Their collective expertise will enhance discussions on best practices and potential collaborations that could benefit the industry.
Moreover, the event will serve to create a relaxed atmosphere for participants, allowing members to step away from their demanding roles in the bread-making industry. This balance of serious discussion and social engagement is designed to not just foster professional development and solutions but also to create lasting networks among members. By focusing on both innovation and camaraderie, PBAN seeks to strengthen the community surrounding bread production in Nigeria.
As PBAN works towards instigating meaningful changes within the industry, the organization understands that resilience in the face of economic adversity requires continuous adaptation and strategic planning. The discussions and insights derived from the Day-Out event aim to equip industry stakeholders with the necessary tools and ideas to navigate the current climate efficiently. Overall, this initiative underscores PBAN’s commitment to enhancing the bread-making sector’s sustainability and forwarding its competitive edge against rising costs.
In conclusion, the upcoming Day-Out event organized by PBAN epitomizes a proactive approach to addressing the challenges within Nigeria’s bread-making industry. By assembling industry experts and stakeholders, the association aims to harness local resources and innovative practices that can mitigate the impact of shifting economic conditions. This gathering is not merely about addressing immediate challenges but represents a broader commitment to ensuring the long-term viability and growth of the sector amidst adversity.
