Nigerian Breweries Plc has announced an upward review in the prices of some products in its stock-keeping units to mitigate the impact of rising cost of input.
The company, in a leaked memo to customers, said the price adjustments would take effect from now.
SKU is a unique identifier used to track inventory within a business. The Nigerian Breweries is the producer of major alcoholic products like Star Lager, Gulder, Legend Extra Stout, Heineken, Goldberg, Life, and Star Radler amongst others.
Non-alcoholic drinks produced by the company include Maltina, Amstel Malta, Fayrouz, Climax Energy drink, and Malta Gold.
In the memo, the brewer did not state which of its brands will be affected by the price increase.
“Please accept our best compliments! This is to inform you that we are constraind to review the prices of some of our SKUs with effect from Monday 19th February, 2024,” Nigerian Breweries said.
“This review has become necessary because of continued rising input cost and the need to mitigate the impact.