Nigerian Breweries Plc has increased price of its products for the second time in very recent times.
The brewer had in February upped the prices of its products via a letter dated Monday, February 12, 2024, in which it traced the increment to increased production expenses.
This time through another press statement dated March 8, 2024, sent to customers around the West zone and signed by its zonal business manager, Lekan Awosanya, the company said the new price review will take effect from Friday, March 15, 2024.
It added that the latest price review stemmed from 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 15th 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 15th of March, 2024 will be invoiced at the new prices.”
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, amongst others.
