Nigerian Breweries Plc, a prominent beer manufacturer, has disclosed its intention to adjust the prices of its stock-keeping units starting from August 10.
In a letter dated August 1, 2023, entitled “Price review notification” and endorsed by Ayo Lawal, the Sales Director of Nigerian Breweries, highlights the necessity of this review due to the persistent escalation of input costs and the imperative to alleviate their effects.
The letter stated, “We wish to notify you about our plan to revise the prices of select SKUs, effective Thursday, August 10, 2023. This adjustment is prompted by the ongoing increase in input costs and our resolve to mitigate its impact.”
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Furthermore, the company has assured its valued partners that any existing orders funded and registered within the system before 00.00hrs on Thursday, August 10, 2023, will be fulfilled at the prevailing prices.
The letter expressed gratitude for the partnership and dedication of their associates, reaffirming the company’s commitment to supporting sales and distribution endeavours. Recipients seeking further clarity were encouraged to reach out to their respective Regional Business Manager.
Nigerian Breweries Plc is recognized for producing a variety of beer brands such as “Star lager beer; Gulder lager beer; Maltina, Legend Extra Stout; Amstel Malta; Heineken lager beer; Maltina Sip-it; Fayrouz, a non-alcoholic soft drink; Climax, a herbal energy drink; Goldberg lager; Malta Gold; Life Continental lager; Ace Passion,” among others.