Economic Hardship: Nigeria Breweries Unveils New Price For Heineken, Gulder, Others

KOREDE FOGO
Nigerian Breweries Plc recently announced an increased price modification for its Stock-Keeping Units (STUs), effective February 19.
In a letter dated February 12, titled “Price review notification,” through Lekan Awosanya, the Zonal Business Manager (West), reads in part:
“This 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.
“In 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.
“While 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.”
Below Is The New Price List,
1. GULDER – N950
2. STAR – N850
3. 33 EXTRA – N850
4. HEINEKEN – N1300
5. LIFE – N850
6. LEGEND – N1250
7. TIGER – N750

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