Wednesday, November 21,
2018 / 04:26
PM / FDC
Coffee consumption in Nigeria rose by more than 20% between 2010 and 2015 and is expected to increase further. The emergence of a coffee-shop culture in urban centers is a key factor contributing to the rise in coffee consumption in the country.
Nigeria is a fringe producer of coffee, with annual output estimated at 1,900 tonnes (less than 1% of global output). As Nigeria seeks to diversify from its oil dependence, a boost in local production of coffee could be crucial for economic growth and job creation.
The slides below address these and other issues in the domestic and global commodities market.