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Many Nigerians Can No Longer Afford Beer - Food (2) - Nairaland

Nairaland ForumNairaland GeneralFoodMany Nigerians Can No Longer Afford Beer (17333 Views)

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Re: Many Nigerians Can No Longer Afford Beer by Skillsnigeria: 10:34am On Feb 23, 2024
Hmmm
Re: Many Nigerians Can No Longer Afford Beer by SpIitmind: 10:34am On Feb 23, 2024
This is a good development, beer is Haram and it will make the job of Hisbah much easier.
Re: Many Nigerians Can No Longer Afford Beer by pezeji(m): 10:35am On Feb 23, 2024
We dey talk say many Nigerians cannot afford food, you dey talk beer...
Re: Many Nigerians Can No Longer Afford Beer by faceland: 10:35am On Feb 23, 2024
veekid:
If you see anyone drinking beer now, na to call EFCC
Makes sense.
Anyone that is drunk should be arrested until they confess where they stole the money for bottles.
Re: Many Nigerians Can No Longer Afford Beer by ajebuter(f): 10:35am On Feb 23, 2024
Good

Everybody go stay for house

Na by force to drink beer ni?

Well, in the voice of Lie Muhammed

Emilokan for a reason grin grin
Re: Many Nigerians Can No Longer Afford Beer by worksmart(m): 10:37am On Feb 23, 2024
Beer is even a luxury; Many people can no longer afford 3 square meals per day.
Re: Many Nigerians Can No Longer Afford Beer by CommonSense1967: 10:37am On Feb 23, 2024
Exaggeration must be a sport in Nigeria. Lying MOFOs.
Re: Many Nigerians Can No Longer Afford Beer by opera1(m): 10:38am On Feb 23, 2024
Beer is not our problem now but food.
Re: Many Nigerians Can No Longer Afford Beer by israelmao(m): 10:39am On Feb 23, 2024
It is part of luxury items,I'm even of idea that heavy tax should be imposed on beer.A bottle should for at least N1500.
Re: Many Nigerians Can No Longer Afford Beer by DeepSight(m): 10:41am On Feb 23, 2024
Apus:
Then that's a plus.
We need everyone to sober up.
No room for self indulgence at this critical time.
Oh shattap
Re: Many Nigerians Can No Longer Afford Beer by faceland: 10:41am On Feb 23, 2024
TUTU147:
Na lie, come to refinery road for warri men Mount seriously.No body fit stop drinking for this side,na the only way out of the stress of the government, work, and family.
It is culture over there.
Re: Many Nigerians Can No Longer Afford Beer by doffman: 10:42am On Feb 23, 2024
DyshApp:
The Chief Executive Officer of Nigerian Breweries Plc, Hans Essaadi, has said that the economic situation in Nigeria has deteriorated to the extent that citizens can no longer afford to buy beer.

Essaadi said this on Monday at the company's investor call following the release of its 2023 results.

"It has been an unprecedented year for our business in Nigeria. We saw a significant decline in the mainstream lager market as a result of Nigerian
consumers no longer able to afford a Goldberg after a hard day's work," Bloomberg quoted Essaadi as saying.


NB suffered an #153bn foreign exchange loss due to the devaluation of the naira for the year ended December 2023.

For the period under review, the company grew its revenue by 8.9 per cent to #599.64bn from #550.64bn. Net finance expense rose significantly by 449.7 per cent to N189.19bn, dragging the brewer to a loss of #106.31bn from a gain of N13.19bn at the end of 2022.

👉 Dyshus
What a good news !

At least drunkards will be reduced in our community.
Re: Many Nigerians Can No Longer Afford Beer by amstamon: 10:42am On Feb 23, 2024
Iya tawa agbo Jedi to the rescue grin
Iya, hepp me mix am well , add lime join . grin
Take a sip mmmmmnnnnnn (squeeze face ) embarassed embarassed
Re: Many Nigerians Can No Longer Afford Beer by Franking: 10:43am On Feb 23, 2024
We need to be sober to face our reality. Some people seem drunk and hallucinating.
Re: Many Nigerians Can No Longer Afford Beer by DeepSight(m): 10:44am On Feb 23, 2024
Whatisurproblem:
Beer is even bitter
If you think beer is bitter you must be about eleven years old.

Come on will you go and return Mummy's phone to her at once and stop browsing with her data.
Re: Many Nigerians Can No Longer Afford Beer by scholes23(m): 10:44am On Feb 23, 2024
I don switch to ogogoro
Re: Many Nigerians Can No Longer Afford Beer by Faposky95: 10:44am On Feb 23, 2024
tuoyoojo:
There is no escaping from reality or relaxing thru beer

Everyone must face the shege with their two korokoro eyes

In Davido's voice...."them go feel it!"......
Take a round trip and you may rescind that notion.
The economics around beer and you will awe.
It's not just the bottle or its content only.
Re: Many Nigerians Can No Longer Afford Beer by comodo: 10:44am On Feb 23, 2024
Pls I have not heard from my Gee for a long while. Where is @ BATified 2023. I hope he is alright. Just checking on him.
Re: Many Nigerians Can No Longer Afford Beer by Faposky95: 10:45am On Feb 23, 2024
pezeji:
We dey talk say many Nigerians cannot afford food, you dey talk beer...
Beer is food
Re: Many Nigerians Can No Longer Afford Beer by Franking: 10:46am On Feb 23, 2024
SpIitmind:
This is a good development, beer is Haram and it will make the job of Hisbah much easier.
Hungry Hisbah abi the one wey don chop belleful?
Re: Many Nigerians Can No Longer Afford Beer by yemmight(m): 10:46am On Feb 23, 2024
Thats why government cannot afford to ban sachet drinks. Minimum of a bottle now is N600. How many do we then buy?
Re: Many Nigerians Can No Longer Afford Beer by AfonjaConehead: 10:46am On Feb 23, 2024
Ahhh not with my Orijin beer 😁
Re: Many Nigerians Can No Longer Afford Beer by Franking: 10:49am On Feb 23, 2024
Ogogoro no be vodka. If beer too cost ogogoro and alomo bitters full everywhere. All high na high right now.
Re: Many Nigerians Can No Longer Afford Beer by Princeton92(m): 10:50am On Feb 23, 2024
I don't even drink it much, not my problem
Re: Many Nigerians Can No Longer Afford Beer by babaRUNtinz(m): 10:52am On Feb 23, 2024
Na lie!!!
Re: Many Nigerians Can No Longer Afford Beer by Maxtipulation(m): 10:52am On Feb 23, 2024
Who go maya, go maya
Re: Many Nigerians Can No Longer Afford Beer by Whatisurproblem(m): 10:54am On Feb 23, 2024
DeepSight:
If you think beer is bitter you must be about eleven years old.

Come on will you go and return Mummy's phone to her at once and stop browsing with her data.
you are talking to the man of your father's age mate.
Re: Many Nigerians Can No Longer Afford Beer by Cj4charles(m): 10:57am On Feb 23, 2024
Tinubu did this
Re: Many Nigerians Can No Longer Afford Beer by Slayar: 10:58am On Feb 23, 2024
Not me sha,me n ma guys still did 16 bottles last night.
Re: Many Nigerians Can No Longer Afford Beer by Godfullsam(m): 11:01am On Feb 23, 2024
Let Nigerians switch to burukutu and shekpeh na grin
Re: Many Nigerians Can No Longer Afford Beer by christistruth01: 11:06am On Feb 23, 2024
NairalandForumo:
It is not just about the drinking of the beer but the purchasing power, Tinubu messed up big time
Tinubu is doing what needs to be done to grow Nigeria
He only needs to Cushion things to make it easier

https://www.reuters.com/world/africa/nigerian-economy-grows-346-yy-fourth-quarter-2024-02-22/
Re: Many Nigerians Can No Longer Afford Beer by Agunesinjaweola: 11:13am On Feb 23, 2024
That's unfair to the Brewing Industry.
How can they sustain the business huh
1 2 3 4 Reply

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