…Says Increase Due To Continued Rising Input Cost
The Nigerian Breweries Plc has announced its intention to carry out an upward price change for its Stock-Keeping Units (STUs) with effect from February 19,2024.
With this latest development, there are indication that Nigerians are going to pay more for Nigerian Breweries products
This was contained in a letter dated February 12,2024 titled, ‘Price Review Notification,’ and signed by the Zonal Business Manager (West), Lekan Awosanya .
The letter attributed the upward review of the prices of its products to the continued rising input cost and the need to mitigate the impact.
“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 00.00hrs 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 reads.
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