Tinubu’s Inflation: Guinness Nigeria increases prices of drinks; Stout now N1,100; Malta Guinness, N700
Guinness Nigeria has hiked the prices of some of its alcoholic and non-alcoholic beverages.
“This is to inform you of the price change on some of our BEER SKUs/brands effective Monday November 11, 2024,” said Olusanya Adesanya, the company’s commercial director, in a memo dated November 8.
Wholesalers will now purchase large Guinness for N13,590, retailers for N14,070, and a bottle will cost N1,300. Medium Guinness will be sold for N16,230 to wholesalers and N16,610 to retailers, with a bottle going for N1,100.
“Small Guinness (wholesalers N17,570, retailers N18,020, and per bottle N900); FES Can (wholesalers N23,580, retailers N23,965, and per bottle N1,100); Orijin Can wholesalers N16,600, retailers N17,015, and per bottle N900),” the company’s statement added.
Guinness Smooth is now sold to wholesalers for N16,230 and N16,610 for retailers, with a bottle now priced at N1,100.
“Guinness Smooth Can (wholesalers N23,580, retailers N23,965, and per bottle N1,100); Malta Guinness Classic (wholesalers N12,655, retailers N13,500, and per bottle N700); Malta Guinness Can (wholesalers N15,385, retailers N16,025, and per bottle N800); Dubic Malt RGB (wholesalers N11,795, retailers N12,590 and per bottle N650); and Dubic Malt Can (wholesalers N14,265, retailers N14,880, and per bottle N750),” it announced.
The company blamed “the prevailing economic realities which have impacted significantly on our current cost of doing business” for the price increase.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Politics
Tanko Yunusa joins SDP, announces resignation as Obi’s adviser, Obidient Movement chairman
Mr Yunusa pledged to work with Mr Adebayo and his running mate, Usman Bugaje, to secure victory in the 2027 elections.
Heading 2
Okpebholo urges Nigerians to be patient with Tinubu’s reforms
The governor highlighted some of the achievements of the Tinubu administration.
Education
OAU mourns former vice-chancellor Wale Omole
The statement said, “Professor Wale Omole may have taken his final bow, but his place in the history of Great Ife remains indelible.
Education
England to ban pupils from accessing phones during school hours
Some school leaders have welcomed the stricter guidance.
Hot news Home top
Russia’s ambassador to U.S. Alexander Darchiev dies at 66
The ministry, however, did not disclose the circumstances or cause of his death.
Heading 5
Power generation utilisation rose to 85% in October: NERC
NERC said average available capacity stood at 4,744 MW during the period.
