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WorldRaising a glass to Nigeria's booming alcohol industry

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Raising a glass to Nigeria’s booming alcohol industry

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Business is booming for bar owners in Nigeria’s megacity of Lagos.

The legal drinking age population in Nigeria is expected to grow by an average 2.9% per year for the next five years, with the expected arrival of 12.2 million drinkers, according to drinks market analysts IWSR.

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Culture and lifestyle are also contributing to market growth, according to Maria Martinez, the owner of Luxeria – an importer and distributors of fine wine and spirits.

“Wine is the new champagne. There is a lot of in-home consumption here,” she said.

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Source: bbc.com

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