Nigeria Breweries Announces Increase In Prices Of Beer Amid Rising Costs

The Company’s brands include Star lager beer; Gulder lager beer, Legend Extra Stout, Heineken lager beer, Climax,Goldberg lager, Life Continental lager; Ace Passion; Star Lite and Star Radler, 33 Export lager beer, Williams dark ale, Turbo Kings dark ale, More lager beer, Star Radler Red Fruits, and Desperados, which is a premium beer brand with a distinctive tequila flavor.

12th February 2024

ALL DIRECT CUSTOMERS-WEST ZONE NIGERIAN BREWERIES PLC

Dear Sir/ Madam,

PRICE REVIEW NOTIFICATION

Please accept our best compliments! This is to inform you that we are constrained to review the prices of some of our SKUs with effect from Monday 19th February, 2024. This review has become necessary because of continued rising input cost and the need to mitigate the impact.

In appreciation of our great partnership and your commitment, we will deliver at current prices all open orders that are fully funded and created in our system before 00.00hrs on Monday 19th February, 2024. The exact quantity of orders that will be allowed will be communicated to you by your Regional Business Manager(RBM). Any order in excess of this quantity will be re-invoiced at the new price on the 19th of February, 2024.

While thanking you for your commitment to our valued partnership, be rest assured that we will continue to support your sales/distribution efforts as always.

For further clarifications, please do not hesitate to contact your Regional Business Manager.

Happy Selling!

For: Nigerian Breweries Plc

Lekan Awosanya
Zonal Business Manager- West