Citing continued rise in input cost, the Nigerian Breweries Plc has again increases price of its products such as Star lager beer, Gulder lager beer, Legend Extra Stout and Heineken lager beer among others.
The latest increment is coming just 27 days after the previous increase in February, 2024.
Last month , the company issued a new price review notification to all its customers in the West Zone.
In the m letter dated Monday, February 12, 2024, mthe price review, effective from Monday, February 19, 2024, is deemed necessary to contain the impact of increased production expenses.
Meanwhile, on Monday, another press statement dated March 8, 2024, was issued to customers around the West zone and signed by its zonal business manager, Lekan Awosanya, announcing a new price increase.
In the statement made available to Theliberationnews, the company said the new price review will take effect from Friday, March 15, 2024.
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.”
The company, however, appreciated its customers for their commitment and great partnership while assuring dealers of continued support for sales and distribution.
