Nigerians Spend ₦1.5 Trillion on Beer Amid Rising Costs in 2025
Nigerians spent an estimated ₦1.54 trillion on beer beverages in the first nine months of 2025, as per unaudited financial statements from the country's major brewers - Nigerian Breweries Plc, International Breweries Plc, and Champion Breweries Plc. Nigerian Breweries, the largest brewer in the country, recorded a significant increase in net revenue to 1.05 trillion, posting a profit after tax of 85.51 billion.
This reflects changing consumer behavior as Nigerians cut back on beer consumption amid economic pressures.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
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