Nigerian Breweries Plc has unveiled plans for yet another adjustment in the prices of its products, following a previous increase implemented in February.
The revised pricing structure is set to come into force from March 15, 2024.
This decision was communicated to customers across the South-West region through a notification from the company’s zonal business manager, as revealed by documents obtained by Nairametrics.
The notification cited escalating input costs as the primary motivation behind the latest price adjustment, emphasizing the necessity to offset these mounting expenses.
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It stated, “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 costs 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.”
The company assured its distributors of its continued support of their sales and distribution efforts.
