Yemisi Izuora
The Nigerian Breweries Plc (NB Plc) has attributed the price increase on all its products categories effective August 10, 2023, to economic headwinds bedevilling the country.
The company sited several factors that are plaguing the Fast-Moving Consumer Goods (FMCG) industry in Nigeria, coupled with the fluctuating forex regime, and as such notes the need to review prices due to the soaring rise in input costs and the necessity to cushion its impact.
The company said: “This is to inform you that we will review the prices of some of our SKUs effective Thursday 10th August 2023.”
