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Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges - Politics - Nairaland

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Transcript Of President Tinubu's Speech On The Current Economic Challenges / Tinubu Posseses Skills To Address Economic Challenges, Says Babangida / Ganduje Approved Destruction Of 3.8 Million Bottles Of Beers (2) (3) (4)

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Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by jmoore(m): 10:05am On Aug 03, 2023


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

In a letter seen by Nairametrics 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.


It partly reads, β€œThis 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 bedevilled 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 alternative.

[img]https://cdn.vanguardngr.com/wp-content/uploads/2023/08/beerne.webp[/img]

https://www.vanguardngr.com/2023/08/nigerian-breweries-announces-hike-in-price-of-beers-amid-economic-challenges/

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by TemplarLandry: 10:05am On Aug 03, 2023
😁😁
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by ANIMABIDR: 10:07am On Aug 03, 2023
TemplarLandry:
😁😁

Be useful with your life

3 Likes 1 Share

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by Blackstan: 10:08am On Aug 03, 2023
Peter obi pple won increase beer prize.. lols nawa oh

4 Likes 1 Share

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by dareyking(m): 10:11am On Aug 03, 2023
shocked
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by BOSSkesh(m): 10:13am On Aug 03, 2023
Green bottle don cost ohh
Chai
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by kettykings: 10:14am On Aug 03, 2023
Most breweries and soft drink companies incurred huge losses, capital depreciation and reduction in revenue this last quarter. If this continues this quarter the the inevitable match to economic contraction, recession might follow.

Not even buhari's ineptitude was this bad

4 Likes

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by naijaboy756: 10:15am On Aug 03, 2023
The APC effect


Very dangerous effect. They have been confused since 2015...

Maybe they need 50 years to fix Nigeria

4 Likes 1 Share

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by Adaisback(f): 10:56am On Aug 03, 2023
Soon a bottle of coke will be sold for 500 and a bottle of life beer will be 1000. All eyes on the judiciary

5 Likes 1 Share

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by Purvan(m): 11:01am On Aug 03, 2023
Lemme add Nigerian breweries to list of places I'll rob in the future:-)
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by Finestgurlie(f): 2:14pm On Aug 03, 2023
Adaisback:
Soon a bottle of coke will be sold for 500 and a bottle of life beer will be 1000. All eyes on the judiciary
Ada you dey hungry me

1 Like

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by chicfarmer: 2:19pm On Aug 03, 2023
Adaisback:
Soon a bottle of coke will be sold for 500 and a bottle of life beer will be 1000. All eyes on the judiciary
Sachet Alomo and co to the rescue. grin grin

1 Like

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by christejames(m): 2:20pm On Aug 03, 2023
Even the only thing 🍻 that gives the sobbing poor some solace is about to be hijacked from them?














Tinubu is indeed evil... The 'devil' specially created him to torment! embarassed embarassed embarassed

1 Like

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by fineboynl(m): 2:26pm On Aug 03, 2023
Tinubu is heading for the worst president even in Nigeria.

If you go the market lately. Nor be person to tell you to cut cost in your expenses.

The adjustment in price will continue. Even the NNPC will increase pms price again to offsets the inflation and the circles continue. Go and find out. Any country that is facing inflation will continue to be in inflation because the money saved from price increases adjustment will not be able to meet with the inflation as the economy adjust itself. Other inflation that will follows after that And the circle will continue.
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by a4cube: 2:26pm On Aug 03, 2023
NIgeria Brewery is own by IPOB. They hate tinubu that is why they want to increase price.

Why can't they have patient, PH refinery will be working soon.

On a serious note, they have to increase workers salary as the increase price.
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by inoki247: 2:41pm On Aug 03, 2023
Lol Ogogoro nd Palmwine sha no go increase nobody dey control that one we go switch to Ogogoro nd Palmwine....

1 Like

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by BoldBrainz(m): 3:06pm On Aug 03, 2023
You see this particular one? Any hike in prices wey affect beer, we no go take am.. angry !

Whoever is playing this rough play, should better stop it!
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by BoldBrainz(m): 3:08pm On Aug 03, 2023
Purvan:
Lemme add Nigerian breweries to list of places I'll rob in the future:-)

Let me know when you're ready. I'm a very detailed and strategic planner. I go follow for the gang.
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by Skillsnigeria: 3:08pm On Aug 03, 2023
Hmmm
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by DevilsEqual(m): 3:39pm On Aug 03, 2023
At least to sin go hard small

People will come to repentance cheesy cheesy cheesy
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by Adaisback(f): 5:13pm On Aug 03, 2023
chicfarmer:

Sachet Alomo and co to the rescue. grin grin
lol. We go dey manage those ones cheesy cheesy
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by kokoA(m): 5:14pm On Aug 03, 2023
Agbo jedi, zazu, erujeje, totomeleto, action bitters, etc ti takeover..

1 Like

Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by BossGerald: 5:14pm On Aug 03, 2023
ANIMABIDR:


Be useful with your life

That POS operator is a never-do-well individual
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by BossGerald: 5:16pm On Aug 03, 2023
Finestgurlie:
Ada you dey hungry me

πŸ˜‚

And you're supposed to be a female grin...chai, nairaland
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by Googledotcom: 6:20pm On Aug 03, 2023
Blackstan:
Peter obi pple won increase beer prize.. lols nawa oh
What's the difference between drinking of beer and taking hard drugs ? Remember this cust across all states or region ? So be well guided with your post.
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by OkpanamChiefpri: 7:01pm On Aug 03, 2023
No problem. The only thing that would get me upset is hike in Spirit, Vodka, Redwine and Palmwine.
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by jmoore(m): 11:04am On Aug 04, 2023
shocked
Re: Nigerian Breweries Announces Hike In Price Of Beers Amid Economic Challenges by Zxcvbnmghtr: 11:07am On Aug 04, 2023
Adaisback:
Soon a bottle of coke will be sold for 500 and a bottle of life beer will be 1000. All eyes on the judiciary

When it was sold at #60 there are people who still couldn't afford to buy. Irony of life.

(1) (Reply)

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