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Afrinvest Brewery Sector Report 2022

Apr 14, 2022   •   by   •   Source: Others   •   eye-icon 364 views

The brewery industry revenue rebounded 34.9% y/y in 2021 to ₦780.0bn (highest on record), from the pandemic-induced contraction of 1.5% y/y in 2020 (at ₦578.2bn). This was buoyed by the positive spill-over effect of the stimulus injection of about ₦2.8tn (2020/21) and the full restoration of social activities

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