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BUSINESS

Nigerian Breweries Releases New Prices of Drinks

February 19, 2024 1 min read

The Nigerian Breweries Plc has recently announced an upward price change for its Stock-Keeping Units (STUs) with effect from February 19.

A letter dated February 12 titled: β€˜Price review notification,’ by the Zonal Business Manager (West), Lekan Awosanya, reads in part: β€œThis is to inform you that we are constrained to review the prices of some of our SKUs effective from Monday, 19th February 2024. This review has become necessary because of the continued rising input cost and the need to mitigate the impact.

β€œIn appreciation of our great partnership and your commitment, we will deliver at the current prices all open orders that are fully funded and created in our system before 00.00hrs on Monday, 19th February 2024.

β€œWhile thanking you for your commitment to our great partnership, be rest assured that we will continue to support your sales/distribution efforts as always. For further clarification, please do not hesitate to contact your Regional Business Manager.”

The new price list indicates that GULDER is now to cost N950; STAR – N850; 33 EXTRA – N850 and HEINEKEN – N1300

Others on the list are LIFE – N850; LEGEND – N1250 and TIGER – N750.