Nigerian Breweries (NB PLC) has announced a price increase on some products in its stock-keeping units (SKUs) to “mitigate the impact of the rising cost of input”.
The company, said the price adjustments would take effect from Monday 9th October, 2023.
In a memo to customers, seen by Sundiata Post, the company established the need to review prices due to the soaring rise in input costs and the need to mitigate the impact.
Açcording to the memo dated 2nd October, 2023 and signed by Olalekan Awosanya, Zonal Business Manager – West, the company said it will deliver at current prices all open orders that are fully funded and created in their system before 00.00hr on Monday 9th October, 2023.
“This is to inform you that we will review the prices of some of our SKUS effective Monday 9th October, 2023. 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 00.00hr on Monday 9th October, 2023.
“While thanking you for your comittment to our great 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,” the statement added.
