Prices of soft drinks rise amid FX woes, inflationary pressure

Prices of soft drinks are on the rise as the industry continues to grapple with the fallout from macroeconomic headwinds induced by the drop in oil price. Nigerian Bottling Company (NBC), the More »

How brewers are selling beer with folklore

As Nigeria’s recession deepens and consumers pockets are squeezed, majority of those still drinking have shifted their beer preferences to value or low cost brands. Nigerian Breweries Plc, the country’s leading brewer More »

Category Archives: Wines & Spirits

Coalition of NGO Business Groups seek FGs reversal of new excise duty on alcohol, tobacco

The Federal Government has been urged to reconsider its decision to raise excise duty on locally produced alcohol and tobacco as the new policy risks threatening the over N420bn in investments so far made in the wine and spirits industry.

The call was made by a coalition of non-governmental organisations (NGOs) made up of the Business Renaissance Group and Sustained Development Collective while speaking with journalists in Abuja.

Diageo’s EABL to start producing spirits locally as demand in Nigeria, Kenya grows

Kenya-based East African Breweries Limited (EABL), a subsidiary of Diageo Plc has announced plans to start producing spirits in its local market as demand for its products surge in Kenya and Nigeria.

The company which is known for its Tusker Lager said it will invest $13.88 million (approx. 1.4bn Kenyan shillings) to fund a 20,000 bottles per hour spirits line, which will double its production capacity at a plant in the outskirts of Nairobi.

The firm said it will start producing Captain Morgan locally to cut costs and make high-end offerings more widely accessible to both domestic consumers and for export.

Amarula to launch limited Edition designs in celebration of Africa

Amarula cream liqueur from the stables of South Africa-based Distell Group will be unveiling limited-edition packaging of its flagship drink to showcase Africa’s cultural diversity.

The company said it has partnered with African artists to design four limited edition bottles which will be introduced at this year’s Tax Free World Association (TFWA) Asia Pacific Exhibition & Conference being held in Singapore from 6 -10 May.

Campari Nigeria holds Annual Trade Partners Award 2018

Campari Nigeria held its Annual distributors Award for the 2017 financial year on Saturday 24th March 2018 at the Radisson Blu Hotel, Ikeja, Lagos.

The glamorous event which was hosted by Brian Munro Limited, the sole distributor of Campari in Nigeria lived up to its billing as everyone in attendance was giving a first class treat.

Police nab producer of adulterated wines and spirits in Lagos; shuts factory

The Lagos State Police Command have arrested the producer of adulterated spirits and wines of various brands at Ajuwon Market, Mushin, Lagos.

A 55-year old man, Benjamin Ojukwu confessed to being the owner of the factory where the adulterated alcoholic drinks are packaged and sold to the public at market price since 2005.

CPC endorses FG’s move to increase excise duty on alcohol and tobacco

The Consumer Protection Council (CPC), on Tuesday put its weight behind the Federal Government’s decision to raise the excise duty rates on alcoholic beverages and tobacco products.

The agency’s Director-General, Mr Babatunde Irukera, said the increase would serve as a measure to reduce the risks of abuse and disease. Irukera said that though CPC protected the rights of all consumers and their prerogative to make personal lifestyle choices, it, however, encourages responsible consumption in all circumstances.

MAN opposes excise duty rate increase on alcohol, tobacco; seeks its reversal

The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to reverse the newly proposed excise duty rate increase on alcohol and tobacco products, saying that its implementation will lead to job losses and plant closures in the affected industries.

The President, MAN, Dr. Frank Jacobs, spoke on the issue in Lagos on Wednesday while addressing the media on the association’s position on the African Continental Free Trade Agreement.

Hospitality industry reacts to ban of alcohol by Kwara State

The hospitality industry have called on the Kwara State Government to lift the ban on the sales, production and consumption of alcohol in the state.

They said the enforcement of such a law would have far reaching effect on the nation’s economy and the hospitality industry.

They spoke with newsmen in separate interviews on Friday in Lagos.

NUFBTE chides FG’s new excise duty on alcoholic beverages, tobacco

The National Union of Food Beverage and Tobacco Employees (NUFBTE) has criticised the Federal Government and threatened to go on a labour strike over the planned increase on the excise duty rates for alcoholic beverages and tobacco.

While speaking at a meeting by the organised labour, President of NUFBTE, Lateef Oyelekan, said that more than 20,000 workers are presently employed in the alcoholic and tobacco sector and may lose their jobs if the amendment takes effect.

Kwara State bans alcohol sale, consumption

Kwara State Government has banned the sale and consumption of alcohol. Governor Abdulfatah Ahmed, has signed into law a bill banning the sale and consumption of alcohol in certain areas of the state.

The bill known as the Prohibition Against the Production, Sale, and Consumption of Liquor in Certain Areas Law 2018, was passed by the State Assembly and signed into law by the governor.