in ,

Consumers Laments As Nigerian Breweries Announce Price Increase On All Beer, Beverages

The Nigerian Breweries (NB PLC) has announced a price increase on all their products effective August 10, 2023.

In a letter circulating online and sighted by our reporter and dated 1st August 2023, the company established the need to review prices due to the soaring rise in input costs and the necessity to cushion its impact.

See also  Notorious Cult Kingpin aka 2Baba, Others Flee As Police Foiled Planned Attack By Cultists In Ahoada East

It partly reads, “This is to inform you that we will review the prices of some of our SKUs effective Thursday 10th August 2023.”

It is reported that the decision to increase prices is attributed to several factors that have bedeviled the Fast-Moving Consumer Goods (FMCG) industry.

This latest development in the beverage market is likely to affect consumer purchasing decision who might be forced to cut back on their beer consumption or seek more affordable alternatives.

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Protesters Blames Over Zealous Police Show Of Force For Pulling Down NASS Gate, Complex Invasion

PDP Lawyer Fires Back At Justice Tsammani – “There’s No Forgiveness For Crime, Tinubu Must Be Disqualified, And Heaven Will Not Fall”