Nigerian Breweries Plc has again announced another round of increments in the price of its products after the previous increase three weeks ago in February.
Earlier, the company issued a new price review notification to all its customers in the West Zone.
According to a letter dated Monday, the 12th of February, 2024, the price review, effective from Monday, the 19th of February, 2024, is deemed necessary to offset the impact of increased production expenses.
The company said the new price review will take effect from Friday, the 15th of March, 2024.
According to the notice, the latest price review is premised on the need to mitigate the impact of rising input costs.
The statement read, “As earlier informed, we will review the prices of some of our SKUs effective Friday, the 15th of March 2024. This review has become necessary because of the continued rising input cost and the need to mitigate the impact.“All open orders in our system at 00.00hrs on Friday the 15th of March, 2024, will be invoiced at the new prices.”
The company, however, appreciated its customers for their commitment and great partnership while assuring dealers of continued support for sales and distribution.Nigerian Breweries is the producer of Star lager beer, Gulder lager beer, Legend Extra Stout, Heineken lager beer, Life Continental lager, Ace Passion, Star Lite and Star Radler, 33 Export lager beer, Williams dark ale, Turbo Kings dark ale, More lager beer, Star Radler Red Fruits, and Desperados, among others.