Nigerian Breweries, a popular brewery company has announced another increase in the price of its products.
Nigerian Breweries had announced a price increase last month, citing rising production costs and the need to protect its business from these costs.
It explained that the new increase is due to the continued rise in input costs, and it is set to take effect from Friday, March 15, 2024.
Its zonal business manager, Lekan Awosanya signed the press statement dated March 8, 2024, sent to customers around the West zone.
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Awosanya said:
“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, however, thanked its customers for their support and promised to continue supporting them in sales and distribution.
