Students of the College of Science, Technology and Applied Arts of T&T (COSTAATT) expressed fear yesterday that one morning they will wake up to hear the college is no more.
You are here
Trade minister: No flour price increase on the cards
Minister of Trade and Industry Paula Gopee-Sccon was assured by NFM officials yesterday that there are no plans for an immediate increase in the price of flour.
The meeting, which comes of the heels of statements made by company CEO Kelvin Mahabir last week suggesting possible price increases was attended by NFM chairman Nigel Romano and Mahabir, and was scheduled to discuss factors affecting potential increases in the price of flour.
According to a release from the Ministry yesterday, "the Trade Minister stressed the importance of the company controlling its operating costs in flour production andother areas of business."
The release added, "The chairman of NFM informed the Minister that the company will exhaust all available avenues to manage its operating costs and that any adjustment in prices will be an absolute last resort."
At the meeting, the NFM executives informed the minister of the various initiatives currently being undertaken by the company to improve productivity, quality management, process efficiencies and employee welfare.
The release stated that NFM gave the "committment to engage the ministry more frequently on strategic matters" and to continue working with the government to support efforts at export diversification
User comments posted on this website are the sole views and opinions of the comment writer and are not representative of Guardian Media Limited or its staff.
Guardian Media Limited accepts no liability and will not be held accountable for user comments.
Guardian Media Limited reserves the right to remove, to edit or to censor any comments.
Any content which is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will be removed.
User profiles registered through fake social media accounts may be deleted without notice.