Beer remains a defining element of Nigeria’s festive culture, deeply embedded in social traditions and end-of-year celebrations across the country.
As families reunite, friends reconnect, and cities host a surge of concerts and entertainment activities, beer has continued to serve as a symbol of community bonding and shared enjoyment.
Its role in the modern “Detty December” phenomenon—now both a cultural staple and an economic engine—has become even more pronounced.
From intimate family gatherings to large-scale festivals, beer is a fixture across homes, restaurants, bars, and public arenas. Breweries have increasingly aligned their marketing strategies with this seasonal spike in consumption, deploying elaborate campaigns that include Christmas light installations, promotional concerts, and branded “Beer Villages” that attract thousands seeking music, food, and a vibrant nightlife experience.
While consumption typically rises in December, this year’s surge has been accompanied by notable price hikes across key beer brands. A Naijaonpoint market survey comparing 2024 and 2025 prices shows a steep upward trend:
These shifts reflect the interplay of heightened demand, inflationary pressures, and cost-push factors that continue to shape Nigeria’s beverage market.
The festive season traditionally drives higher sales volumes as individuals, families, and corporate organizations celebrate the yuletide. This trend was reflected in the 2024 financial statements of four major beer producers listed on the Nigerian Exchange, all of which reported significant revenue growth in the final quarter of the year.
Industry insiders attribute the sustained price hikes to rising production costs across the value chain. A senior staff member at Guinness Nigeria, who spoke anonymously highlighted the broad spectrum of expenses influencing pricing decisions.
“Cost of production is high. We put in so much into buying raw materials, logistics, buying fuel, paying staff, and many other inputs. These escalating costs are impacting our business,” the source said.
He added that with energy costs elevated and supply-chain disruptions persisting, breweries have had limited room to absorb these pressures, resulting in upward adjustments to retail prices.
For many consumers, the festive mood has been dampened by the continued spike in beer prices. A Lagos resident identified as Beejay, described the trend as discouraging:
“They just want to make life difficult for us. The situation of the country is already capable of making someone go crazy; this beer that is supposed to give us hope is now getting out of our reach.”
Another consumer noted that despite the price surge, his consumption habits remain unchanged, reflecting the strong cultural attachment to alcohol during festive gatherings.
“The prices just keep increasing every now and then, but we don’t have any option; man must booze,” he said.
A recent Naijaonpoint analysis shows that three major brewers, Nigerian Breweries, International Breweries, and Guinness Nigeria, have been battling for market share this year.
While Nigerian Breweries maintains dominance in Nigeria’s brewery market by size, revenue, and assets, International Breweries has emerged as the biggest winner in 2025 in terms of shareholder return.
While Nigerian Breweries maintains dominance in Nigeria’s brewery market by size, revenue, and assets, International Breweries has emerged as the biggest winner in 2025 in terms of shareholder return.