By Felix Kuyinu
The Nigerian Breweries Plc has announced an increase in prices of lagers for its Stock-Keeping Units, SKU.
The price change takes effect from February 19, according to the company.
In a notification letter dated February 12 titled: ‘Price review notification,’ the West Zone Business Manager, Lekan Awosanya stated, “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 12am 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.”
The letter states that Gulder will now be sold at N950, while Star will go for N850. 33 Extra Stout will be sold for N850
The new price in full:
Heineken – N1300
Star Life – N850
Gulder – N950
33 Extra Stout – N850
Legend Extra Stout – N1250
Tiger Stout – N750
Star Lager – N850