ANAMBRA GOVT REAFFIRMS MEGA CITY DRIVE, DEMOLISHES SCORES OF ILLEGAL STRUCTURES. (PHOTO).#PRESS RELEASE

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 Anambra Government Reaffirms Mega City Drive, Demolishes Scores of Illegal Structures By Ruth Orji  The Anambra State Government has reaffirmed its commitment to the ongoing regeneration drive and restoration of sanity across the state through enforcement exercises and demolition of illegal structures statewide. The exercise was led by the Commissioner for Physical Planning and Urban Development, Barrister Chijioke Ojukwu, on July 8, in line with the Physical Planning Law of Anambra State. Stating that it is no longer business as usual, the commissioner urged residents to take every notice received from the ministry seriously and comply promptly with planning regulations henceforth. He, however, said several eviction notices had been served but were taken with a pinch of salt, adding that demolitions followed because structures defaced the environment or obstructed pedestrian walkways. In Nnewi, a building erected on a drainage channel was demolished, while several shanties a...
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INTERNATIONAL BREWERIES ANNOUNCES INCREASE IN PRODUCTS PRICES.(PHOTO).

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 International Breweries announces increase in products prices 


International Breweries announces products price hike International Breweries Plc said it has increased prices of its various product offerings in Nigeria. The brewer said in a statement that reviewing prices in its portfolio has become necessary due to current market realities, and was done to serve its customers better. 


The new price review affects products such as Eagle Lager, Eagle Extra Stout, Trophy Stout, Beta Malt, and Grand Malt. 


Head of Sales of the company, Olaleye Abimbola, disclosed that it is confident that the decision to review the prices benefits all its partners. 


Abimbola however called on the company’s partners to honour the old pricing strategy it had in the previous months until the new changes were announced and implemented. 


This is the second time the company will increase the prices of its products in one year. International Breweries disclosed a forex-related loss of N162.2 billion in its first quarter report. 


Major brewers in Nigeria have been hit by an economic crisis due to inflation, foreign exchange volatility, and rising production costs, which has led to price hikes across the country

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