Why your favourite beer could get costlier in Nigeria
Nigerian Breweries Plc, Guinness Nigeria Plc and International Breweries Plc paid N112.87 billion in taxes in the first half of 2026, up 58% from N71.39 billion a year earlier.
Nigerian Breweries Plc, Guinness Nigeria Plc and International Breweries Plc paid N112.87 billion in taxes in the first half of 2026, up 58% from N71.39 billion a year earlier.
In a statement, Abiola Laseinde, Executive Director of the Beer Sectoral Group (BSG), urged government to sustain existing home-grown digital excise systems rather than introducing tax stamps also known as track-and-trace identifiers, which she described as counterproductive.