Economy

Beers to cost more as Nigerian Breweries announces price review

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Beers to cost more as Nigerian Breweries announces price review

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Beer drinkers are to pay more from next Monday, February 19.

The Nigerian Breweries Plc announced an upward price change for its Stock-Keeping Units (STUs) with effect from February 19.

A letter dated February 12 titled: ‘Price review notification,’ by the Zonal Business Manager (West), Lekan Awosanya reads in part, “This is to inform you that we are constrained to review the prices of some of our SKUs effective from Monday, 19th February 2024. This review has become necessary because of the continued rising input cost and the need to mitigate the impact.

“In appreciation of our great partnership and your commitment, we will deliver at the current prices all open orders that are fully funded and created in our system before 00.00hrs on Monday, 19th February 2024.

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“While thanking you for your commitment to our great partnership, be rest assured that we will continue to support your sales/distribution efforts as always. For further clarification, please do not hesitate to contact your Regional Business Manager.”

(The Nation)