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Reuben Foster 49ers Jersey Dr. Roger Luncheon

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Reuben Foster 49ers Jersey Dr. Roger Luncheon

Postby yueyrt1tch » Sat Aug 12, 2017 3:21 am

– Dr. LuncheonHead of the Presidential Secretariat, Dr. Roger Luncheon, said yesterday that the National Milling Company (NAMILCO) is using its monopoly position on the flour issue to take advantage of Guyanese consumers.Earlier this week, the Bakers Lobby Group announced its decision to increase the price of bread and other flour-based items because of the increased price imposed on flour by NAMILCO.Dr Roger LuncheonWhen the price rose in the wake of global price rises, the government had subsidized the price of flour to all bakers. That subsidy came to an end on September 5,Garett Bolles Broncos Jersey, resulting in bakers paying an additional $1,Camilo Vargas Colombia Jersey,500 for a 50-kilogram bag of flour from NAMILCO.The milling company announced that the price for wheat on the international market is increasing.However, at his post Cabinet media briefing yesterday, Dr. Luncheon said that the government is convinced that the price for wheat has significantly declined on the world market,Daley Blind Jersey, and as such there should not be an increase in the price of flour.“We are convinced on the basis of prices, both on the spot market prices for future that indeed they have fallen significantly to such an extent that were those prices to be used as the base for milling and the production of wheaten flour and its sale, that those increases would not take place or ought not to take place…“And were NAMILCO to persist in this course of action, then we couldn’t come to any conclusion than they are using their monopoly position to the disadvantage of the Guyanese consumer,” Dr Luncheon said.He explained that the administration has to address the monopoly situation being enjoyed by the milling company. The question now lingers, he said, whether NAMILCO should be allowed to maintain the monopoly position and in essence dictate to Guyanese who utilize the product that they can only get flour from one company.“I think that’s the critical issue…that not only the government, but the other stakeholders, organized labour,Dede Westbrook Jaguars Jersey, the business people,Herculez Gomez Jersey, should probably get involved in importing wheat and milling or importing flour and selling since what is being offered by NAMILCO seems a bit inconsistent with what we are seeing the price movements on the international trading market,Victor Martinez Tigers Jersey,” Luncheon urged.As of yesterday, bread and pastry prices were increased by some 10 per cent by bakers as NAMILCO has made a commitment to examine further reductions as cheaper wheat becomes available later in the year.The milling company also pledged to work with bakers at significantly improving the quality of flour supplied to them.
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