The coffee industry in Nigeria is expected to generate $2 billion in revenue over the next two to three years, according to industry stakeholders.

According to information gleaned from the United Nations COMTRADE database on global trade, Nigeria exported $38.63 million worth of tea, coffee, mate, and spices in 2021.

Africa as a continent supplies an astounding 80% of the coffee imported into the United States, making it a vital component in meeting global coffee demands.

Speaking with Punch at the World Coffee and Tea Expo in Lagos, the President of the West Africa Specialty Coffee Association, Lanre Segun, said “In the next two to three years, by aggregating our cultivation capacity, we aim to generate $2 billion in coffee revenue.”

“There is significant international interest in Nigerian coffee; currently, some are exporting to countries like Japan and Canada. Africa supplies 80 per cent of the US coffee imports, and Nigeria can tap into this market,” he said.

Segun disclosed to achieve this, Nigeria must stimulate interest among Nigerians in coffee cultivation. According to him, proper dissemination of information is crucial.

“Many people confuse coffee with cocoa, and some even consider coffee a byproduct of cocoa. Securing land is a key challenge.”