Breaking: Nigerian Breweries announces price hike amid rising production costs 

The Nigerian Breweries PLC has issued a “Price Review Notification” to all its direct customers in the West Zone. 

This was contained in a letter issued to customers on Monday, February 12, 2024, and seen by ThePressNG.  

According to the statement, the price adjustments, effective from Monday, February 19, 2024, is deemed necessary to offset the impact of increased production expenses.  

Although the company assured customers with fully funded and system-registered orders before the specified date will be honored at the existing prices.  

However, any orders exceeding the communicated quantity window will be subject to the revised pricing.  

Insider sources reveal that this is the third price adjustment in the year that the FMCG company is reviewing its prices.