Milk Import Gulps N619.5bn Annually     Milk importation into Nigeria gulps N619.5 billion (about $1.5bn) years due to the country’s non self-sufficiency in milk production. Speaking during the a webinar on Nigerian Dairy Industry organised by the Policy Centre of Abuja Chamber of Commerce and Industry (ACCI)...

Milk Importation: NECA Commends CBN On Policy Reversal   The Nigeria Employers Consultative Association has commended the Central Bank of Nigeria on the exemption of six companies from restriction on milk and dairy products importation. In a new policy released on Tuesday, the CBN restricted milk importation...

CBN Ban Bills Collection For Milk Importation A new policy statement from the Central Bank of Nigeria (CBN) yesterday banned commercial banks and other authorised dealers from accepting Bills for Collections as means of payment for milk importation and its related products but only Letters...

Only 25% Tariff Increase Will Discourage Milk Importation, Experts Say   Importation of dairy products into the country could be discouraged or highly reduced if the Federal Government increases the import tariff on them by 25 percent, local dairy producers have said. he Central Bank of Nigeria...