Only six firms will be allowed to import milk in Nigeria, CBN says

NIGERIA – The Central Bank of Nigeria has given approval to six dairy companies to import milk into the country. CBN in a statement signed by Director, Trade and Exchange Department, Dr Ozoemena Nnaji said that the move is part of efforts aimed at bridging the supply gap of milk. This move comes even as the government pursues its backward integration strategy to make the country self-sufficient in milk production. Nigeria’s apex bank said the approval was given in line with its objective to increase and improve the local production…

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