Dairy Producers in Nigeria faces forex Ban for milk – CBN 

Business News

“Whether we like it or not, as long as we are producing this for our consumption and possibly for export, there is no choice other than to ban this.”

In Nigeria, the leading dairy producers are FrieslandCampina WAMCO, Promasidor Nigeria Limited, PZ Cussons’ Nunu milk .

Godwin Emefiele, Governor, Central Bank of Nigeria, gave this hint  in Kaduna during an inspection tour of Gino Tomatoes Farm, which is a subsidiary of GBfoods Africa.

Emefiele reiterated the need to ban tomato importation and further hinted at consideration to also prohibit the importation of milk into the country.

He commended President Muhammadu Buhari for insisting that “it is time we produce what we eat and eat what we produce.”

He said the tomato and milk sectors had enormous potentials, which could translate into massive job opportunities for the teeming unemployed population.

“And there are various other products as well. I keep talking about milk: before I was born 60 years ago, milk was being imported into the country and I have told WAMCO that look, we need to come back.

“What does it take to produce milk; is it not to fatten the cow, give it water, give it the necessary nutrients and it will produce milk for you.?

“Yet, they say milk cannot be produced in Nigeria. We will confront it and I think they (dairy producers) also should get ready to join in this train”

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