Operators rally FG for $2bn coffee industry growth - News Summed Up

Operators rally FG for $2bn coffee industry growth


But the overlooked coffee industry in Nigeria has the potential to generate more than $2bn yearly, according to industry insiders who spoke with The PUNCH. Industry players said the need for strategic investments, modernised farming practices and value-added processing to harness the full economic benefits of the coffee industry are sacrosanct. “Real farmers need effective and sustained funding of their activities through cheap funds from the Financial Institutions.”While funding remains an issue for the farmers, there is a need for the government to get involved in coffee production, coffee cropping, and coffee cultivation. “They need help, they need funding. He further proposed that the Federal Ministry of Agriculture should have a policy on coffee that would help coffee farmers.


Source: Punch December 06, 2023 18:00 UTC



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