Nigerian Breweries Plc have announced a second increase in price of its products after an earlier increase on February 19.
The new price review will take effect from March 15, 2024. According to the company, this new price review is necessary to mitigate the impact of rising input costs.
The company disclosed this in a notice to its South-West zone customers signed by its zonal business manager and sighted by 3News.
“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.”
Source: 3News