Full List: Guinness announces price increase for malts, stouts, others

Guinness Nigeria Plc has disclosed that it is increasing prices of significant product lines.

This is shortly after a similar announcement by Nigerian Breweries Plc to effect another increase in the price of its products.

According to Guinness prices were increasing to reflect current realities in the brewery industry.

The acting commercial director of Guinness, Olusanya Adesanya, stated that the costs of production materials and the cost of doing business have gone up, hence the increment in their prices too.

Here is a list of products by the international brewery and their new prices that will be implemented soon:

Under the beer category, the affected drinks include: Stouts (Guinness and Guinness Smooth), Malts (Malta Guinness and Dubic Malt)

Under the mainstream spirits, drinks affected are; Origin Bitters and Herbal Gin Gordon's Pink Berry Sunset Orange and Moringa Citrus Smirnoff X1 Smooth Choco and Captain Morgan

In a price check of some of the affected products, a small stout that retailed for about N500 now goes for between N800-N900, an 80% increase.

Big Stout retails for N1,000 from N700, a 43% increase, while Castle Lite retails for N800 from N500, a 60% increase.

Trophy shows a 40% increase, moving to N700 from N500, while Gulder retails for N1,000 from N600, a 67% increase.

A Malta Guinness can that retails for N300 now goes for N400, a 34% increase.

BEB