Tuesday, April 23, 2024
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HomeBusinessNigerian Breweries PLC to Adjust Prices of Star, Gulder, Trophy, Stout

Nigerian Breweries PLC to Adjust Prices of Star, Gulder, Trophy, Stout

Nigerian Breweries PLC recently announced plans to adjust the prices of several of its products, effective February 19, 2024. This decision comes as a result of rising production costs, necessitating a review to maintain quality and sustainability in the market.

According to Lekan Awosanya, the company’s zonal business manager for the West region, the price adjustments are essential to balance the impact of increased input costs. He emphasized the company’s commitment to delivering open orders at current prices for fully funded orders placed before midnight on February 19, 2024.

In an effort to ensure transparency and fair business practices, the exact quantity of orders eligible for the current pricing will be communicated by Regional Business Managers to respective customers.

Read also: UK-Nigeria signs Agreement for British Lawyers to Practice in Africa’s Largest Economy

This adjustment follows a previous price increase implemented on August 10, 2023, reflecting the dynamic nature of market conditions and production economics.

Among the affected products are Heineken lager beer, Star lager beer, Gulder, Legend Extra Stout, and Goldberg, among others. Nigerian Breweries PLC remains dedicated to providing quality beverages while navigating evolving market dynamics.

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