‘Nigeria’s Organized Fast-Food Industry is Estimated at $602.5 million’

The Association of Fast-Food Confectioners of Nigeria (AFFCON), has stated that Nigeria’s organized fast-food industry is estimated at $602.5 million, and has been growing at a 10% annual rate in recent years.
 
The statement further explained that Quick Service Restaurants (QSRs) in Nigeria, also known as fast-food restaurants, have come a long way, adding that since the first QSRs launched in the 1960s, under UAC Nigeria Plc, as little stands selling snacks, they have since evolved, “in 1973, they expanded under the name Kingsway Rendezvous, and Nigeria opened its doors wide to other QSR players.”
 
The Managing Director of Freddy Hirsch Nigeria and West Africa, Kojo Brifo, in the statement said QSRs provide a wide range of fast-food options, including regional and international cuisines, stating that the food service establishment serves food and beverages quickly and efficiently, often with minimal table service.
 
More details at:
https://www.thisdaylive.com/index.php/2023/01/18/nigerias-organized-fast-food-industry-is-estimated-at-n250-billion-602-5-million
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