Nigerian Breweries Plc has just announced another increase in the price of its products, even after the previous increase in February.
Recall that the company issued a new price review notification via a letter dated February 12, to all its customers in the West Zone, revealing its price review, effective as from Monday, February 19, 2024, in order to be able to offset the impact of increased production expenses.
Now again, another press statement dated Monday, March 8, 2024, was sent to customers around the West zone and signed by its zonal business manager, Lekan Awosanya, announcing a new price increment.
The company had revealed that the new price review will take effect from Friday, March 15, 2024.
According to the notice, the latest price review is premised on the need to alleviate the impact of rising input costs.
The statement read:
“As earlier informed we will re-assess the prices of some of our SKUs effective Friday 15th March 2024. This review has become necessary because of the continued rise in input cost and the need to reduce the impact.“All open orders in our system at 00.00hrs on Friday 15th of March, 2024 will be invoiced at the new prices.”
Nigerian Breweries is the producer of well known beer bottle brands such as; Star lager beer, Gulder lager beer, Legend Extra Stout, Heineken lager beer, Life Continental lager, Star Lite and Star Radler, 33 Export lager beer etc.
