Business

Cross river women tops states on alcohol as Beer companies profits N542bn in 6mths

A report from the National Bureau of Statistics has revealed the states with the highest percentage of women who take alcohol.

The report, which is a cluster survey carried out by NBS in collaboration with World Bank, and UNICEF, among others, shows that women from Cross River at the time of the report have had an alcoholic drink at least once a month.

The top 10 in the list include:

1. Cross River

2. Imo

3. Bayelsa

4. Delta

5. Ondo

6. Rivers

7. Enugu

8. Abia

9. Akwa Ibom

10. Ogun

Nigerians in the first six months of 2022 bought alcoholic and soft drinks worth N599.11 billion. This is a 31.2% increase compared to the N456.44 billion spent in the same period in 2021.

The amount was captured in the financials of Nigerian Breweries, Guinness, International Breweries, as well as Champion Brew. submitted to the Nigerian exchange.

According to Nigerian Breweries reports, in the first six months, citizens spent N274.03 billion on their products.

Some of the products include 33 Export lager beer, Williams dark ale, Turbo Kings dark ale, More lager beer, malt drinks, Maltex, and Hi Malt, among others.

Guinness, on its part, sold N206.82 billion worth of its products to Nigerians.

The company’s popular brands are Guinness Stout, Guinness Gold, Malta Guinness, Snapp, Smirnoff, Origin, and Dubic Malt.

The makers of Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt, and Voltic Water report that they sold N111.40 billion in six months.

A sister company of Nigerian breweries and owned by Heineken, Champion brew announced that revenue from its products hit N6.86 billion in six months.

Some of the company’s popular brands include Champion Lager Beer and Champ Malta.
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