Nigerian Breweries set to increase beer prices
By Ralph Tathagata
By Monday, 19 February, 2024, a new price regime on Nigerian Breweries Plc brands will take effect. Some of the company’s brands prices to increased are Heineken lager beer, Star lager beer, Gulder, Legend Extra Stout, and Goldberg, among others.
Notifying customers during a recent price review, Lekan Awosanya, the company’s zonal business manager -West, Lekan Awosanya, said, “This is to inform you that we are constrained to review the prices of some of our SKUs with effect from Monday, February 19, 2024.”
Stating that the latest price increase was necessitated by the increased cost of production, Mr. Awosanya added, “This review has become necessary because of continued rising input costs and the need to mitigate the impact.”
He noted that the company will deliver open orders at the current prices before midnight on Monday.
“In appreciation of our great partnership and your commitment, we will deliver at current prices all open orders that are fully funded and created in our system before 00.00hrs on Monday, February 19, 2024.
“The exact quantity of orders that will be allowed will be communicated to you by your Regional Business Manager (RBM).
“Any order in excess of this quantity will be re-invoiced at the new price on February 19, 2024,” the statement explained.
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