Nigerian Breweries has announced that beer prices will be increased following the rising cost of production.
This was disclosed in a letter dated Monday, February 12, 2024, noted that hike will take effect on Monday, February 19, 2024, adding tgat it is essential in order to counterbalance the influence of rising production costs.
The statement read in part, “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.
“This review has become necessary because of continued rising input cost and the need to mitigate the impact,” the statement added.
